Which US Jobs Pay The Highest Bonuses

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Submitted by Nicholas Colas and Jessica Rabe of DataTrek

The number of job openings, hires and quits may have dipped in November, as shown in the latest Job Openings and Labor Turnover Survey, but all remain near record highs dating back to when the time series started in December 2000. Overall, the data shows a very tight labor market that will hopefully help put upward pressure on wages. We also share the job titles and industries that receive the largest bonuses according to LinkedIn. Spoiler: it is finance, not tech that takes the top spot.

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Whether or not Wall Street professionals have a good year typically boils down to their bonus. It fluctuates year to year, but is certainly a perk to make up for all the long hours. LinkedIn’s recent Salary Report shows it may pay off, as it found jobs in finance receive the largest bonuses compared to other sectors.

Here are the job titles with the largest bonuses based on LinkedIn’s Salary tool:

Investment Banking Associate: Median Annual Bonus ($100k), Median Total Salary ($233k)
Private Equity Associate: Median Annual Bonus (85k), Median Total Salary (178k)
Equity Research Analyst: Median Annual Bonus ($50k), Median Total Salary ($141k)
Surgeon: Median Annual Bonus ($50k), Median Total Salary ($350k)
Cardiologist: Median Annual Bonus ($50k), Median Total Salary ($360k)
Radiologist: Median Annual Bonus ($50k), Median Total Salary ($366k)
Orthopedic Surgeon: Median Annual Bonus ($50k), Median Total Salary ($450k)
Investment Banking Analyst: Median Annual Bonus ($45k), Median Total Salary ($125k)
Senior Reservoir Engineer: Median Annual Bonus ($37,500), Median Total Salary ($204k)
Wealth Management Advisor: Median Annual Bonus ($35k), Median Total Salary ($124k)

Health care jobs claimed many of those top spots, but industries with the highest bonuses are finance, energy and mining, and tech:

Finance: Median Annual Bonus ($12,300), Median Total Salary ($81,800)
Energy & Mining: Median Annual Bonus ($11,400), Median Total Salary ($91,500)
Software & IT Services: Median Annual Bonus ($11,300), Median Total Salary ($104,500)
Hardware & Networking: Median Annual Bonus ($11,200), Median Total Salary ($101,500)
Consumer Goods: Median Annual Bonus ($10,800), Median Total Salary ($79,500)
Healthcare: Median Annual Bonus ($10,300), Median Total Salary ($84k)
Manufacturing: Median Annual Bonus ($9k), Median Total Salary ($84,800)
Entertainment: Median Annual Bonus ($8,300), Median Total Salary ($78,500)
Corporate Services: Median Annual Bonus ($7k), Median Total Salary ($75,600)
Construction: Median Annual Bonus ($6,700), Median Total Salary ($77,800)

Link to the report here.

Any bonus helps, especially with little upward pressure on wages over the past few years. Fortunately, last Friday’s jobs report showed average hourly earnings tick up by …read more

Source:: Zerohedge.com

      

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