If you are a strong team leader who enjoys overseeing large projects and making the tough decisions, you might be well suited for a management position. There are many different management jobs in a variety of fields, each with a unique set of responsibilities.
Management jobs tend to be rewarding financially, as well. Many of the roles on our list of best-paying jobs are management positions.
However, even in top-earning fields, there’s a wide range of salaries. These are 10 of the highest-paying management jobs in America as of May 2020, according to the U.S. Bureau of Labor Statistics (BLS).
Chief executives plan, coordinate, and oversee the operational activities of companies. They work to ensure that their companies meet their goals. Chief executives work in a variety of public and private-sector industries.
Although they typically earn the highest salary of all management positions, they also work extremely long hours and are essentially responsible for the success of their companies.
Chief executives earn a median annual salary of $185,950, according to the BLS.
Computer and Information Systems Manager
Computer and information systems managers (also known as information technology managers) plan, coordinate, and oversee technology-related activities within an organization. They determine the information technology needs of a company, and then implement programs to see that these needs are met.
They also direct and oversee the work of other information technology (IT) workers. IT managers can work in a variety of fields that rely on technology.
Computer and information systems managers earn a median annual salary of $151,150, according to the BLS.
Marketing managers plan and oversee programs to generate interest in a service or product. A marketing manager identifies markets for its company’s products and develops strategies to maximize profits and customer satisfaction. The manager works with sales, public relations, and product development to ensure the success of each marketing program.
Marketing managers earn a median annual salary of $141,490, according to the BLS.
Architectural and Engineering Manager
Architectural and engineering managers plan, coordinate, and oversee projects in architecture and engineering. They may work on projects to develop new products and designs or work to identify technical problems with current projects.
As managers, they must know how to implement budgets for projects, assess equipment needs, and hire and supervise employees.
Architectural and engineering managers earn a median annual salary of $149,530, according to the BLS.
Financial managers oversee the financial health of an organization. They help devise long-term financial goals for their organization and implement these plans through investment activities, financial reports, and analysis of market trends. They typically work closely with other managers to make financial decisions for the company.
Financial managers earn a median annual salary of $134,180, according to the BLS.
Natural Sciences Manager
Natural sciences managers plan and supervise the work of other scientists. Depending on their field, they may work with biologists, chemists, or physicists in a variety of specializations.
Natural science managers may be working to advance scientific research, develop new products, or improve manufacturing processes. Along with overseeing fellow scientists, managers must coordinate their activities with contractors, material suppliers, and other managers.
Natural science managers earn a median annual salary of $137,940, according to the BLS.
Sales managers direct their organization’s sales department or team. They set sales goals and implement training programs and work strategies to improve employees’ sales records. Most sales managers start their careers as sales representatives and work their way up into management. Sales managers typically have a bachelor’s degree and top-notch analytical and communication skills.
Sales managers earn a median annual salary of $132,290, according to the BLS.
Compensation and Benefits Manager
Compensation and benefits managers plan and coordinate the compensation packages of an organization. They manage employee’s salaries, retirement plans, insurance packages, and other benefits. Their job is typically housed within the human resources department of a company.
Compensation and benefits managers earn a median annual salary of $125,130, according to the BLS.
Public Relations/Fundraising Manager
Public relations and fundraising managers plan and oversee programs that ensure a favorable public image for their employer or client. They also typically work to raise funds for the company. Their work may involve developing public relations programs and media releases and developing and planning fundraising events and strategies.
Public relations and fundraising managers earn a median annual salary of $118,430, according to the BLS.
General and Operations Manager
General managers (also known as operations managers) direct a variety of different operations. Their duties may include managing the daily operations of an office or company, formulating policies, or developing and overseeing specific projects.
General managers and operations managers earn a median annual salary of $103,650, according to the BLS.