Politicians, CEOs, and professional athletes are seen as the most overpaid occupations but rank near the bottom when it comes to positive impact.
1. Chief Executive Officer (CEO) Topping the list, being a CEO gets you the highest paying job in the world, no matter where you work. A CEO is the highest-ranked position in any organisation's structure.
With salaries reaching well into the six figures, the highest-paying jobs in technology often include roles such as Principal Software Engineer, Engineering Manager, or Machine Learning Engineer. These roles typically require a strong combination of experience, advanced technical skills, and leadership abilities.
How much does an It make in Texas? As of Dec 31, 2024, the average annual pay for the It jobs category in Texas is $102,209 a year. Just in case you need a simple salary calculator, that works out to be approximately $49.14 an hour. This is the equivalent of $1,965/week or $8,517/month.
Corporate lawyers are often seen as overpaid because most businesses do not need their services daily. Their work primarily involves complex legal issues, such as mergers, acquisitions, and litigation, which are infrequent events. It is one of the jobs with inflated salaries.
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The worst-paying job on the list is shampooers. They work in hair salons washing and rinsing customers' hair. Mean hourly wages are $11.02 and mean annual wages are $22,910. According to the BLS, there are more than 12,000 shampooers working in the country.
Most jobs that pay over $200k a year include doctors and lawyers, two fields that require education beyond a bachelor's degree, additional licensing, and specialized training.
Basketball: The Uncontested Leader
With an average annual salary of $10.5 million in 2023, it's clear why basketball is considered the gold standard for professional athletes. The NBA benefits from lucrative television contracts, global merchandising, and high attendance rates.
Being a Chief Executive Officer is the highest-paying- job in America. This position earns an average annual salary of USD 329,500, but their earnings can go as low as USD 276,500 and as high as USD 396,000.
Middle-class jobs are those that fall between working class and upper class in the working hierarchy, depending on salary. It's possible to secure a middle-income entry-level position , while some require that you have a certain amount of education, number of years of experience or advanced skills.
Psychiatrists are on the notoriously overpaid list because they are essentially paid just to talk to people, a service most healthcare plans cover. They also qualify as overpaid on a simply technical basis, as they generally charge hourly rates but only provide sessions for 50 minutes at a time.
The TL;DR is that Googlers can expect to be paid pretty well. Yet the company's annual "Googlegeist" survey for 2022 indicated that just 60% of workers surveyed felt their pay was "fair and equitable," down from 66% in 2021. For some of these salaries, that might feel understandable.
Both federal legislation like the Fair Labor Standards Act (FLSA) and state labor and employment laws give employers the right to recover an overpayment in full.
You'll need an income on the higher end of that range if you're living in Austin, with its high cost of living. In Harlingen, on the other hand, where the cost of living is 20.4% lower than the national average, you can get by on much less. With that in mind, a good salary in Texas is between $55K and $73K.
As of Jan 4, 2025, the average hourly pay for a Walmart Employee in Texas is $21.85 an hour. While ZipRecruiter is seeing salaries as high as $49.05 and as low as $7.19, the majority of Walmart Employee salaries currently range between $12.26 (25th percentile) to $27.48 (75th percentile) in Texas.