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ebooktrial0001
Joined: 02 Jan 2014
Posts: 156
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 Posted: Sat Dec 26, 2015 8:36 am Post subject: Just Curious, What are the Highest Paying/Lucrative Jobs? |
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Hi Everyone,
I just thought I might get a headcount of an obvious question: what are the best paying jobs?
Before someone tends to make a snap judgement and criticize me, as all forums tend to critize others, I will say this simply out of intellectual curiosity.
In my opinion, at present, I have found my current peace of living. It doesn't pay as much as other jobs; but, the hours are pretty good, I have a staff specialist (rather than a line) position, am networking with some influential people, work in the public good, and still saving money.
But, from a pure money perspective, what is best?
In my opinion, it would be being a manager in Saudi Arabia. Considering paychecks are high, cost of living is quite low, and hours are low, the pay metric often favors Saudi.
Anyone who has lived there will confirm there are still reasons that make it a terrible place, including management MOD EDIT Laureate Vocational are common), lying, cheating, manipulation on all sides, terrible students, and 0 job security; but, I still think it would be my guess. I've known people who saved over $100K a year USD there; you'd need to make at least $200K in the US to achieve that feat.
Your thoughts? |
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scot47
Joined: 10 Jan 2003
Posts: 15343
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| Posted: Sat Dec 26, 2015 10:48 am Post subject: |
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| If you were prepared to make a deal, like Faust, then ARAMCO and BAe used to be the top positions. Times move on and ARAMCO uses contractors for a lot of positions. |
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nomad soul
Joined: 31 Jan 2010
Posts: 11454
Location: The real world
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| Posted: Sat Dec 26, 2015 2:33 pm Post subject: Re: Just Curious, What are the Highest Paying/Lucrative Jobs |
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| ebooktrial0001 wrote: |
I just thought I might get a headcount of an obvious question: what are the best paying jobs?
....
But, from a pure money perspective, what is best?
In my opinion, it would be being a manager in Saudi Arabia. Considering paychecks are high, cost of living is quite low, and hours are low, the pay metric often favors Saudi. |
Your question is too broad since you don't define the criteria for the "best-paying jobs." For example, are you referring only to TESOL-related jobs? Job opportunities back home? Or abroad? But generally, the top-paying jobs go to those with primo academic credentials and/or experience. That would likely be someone with an MA or higher and/or experience in whatever highly-specialized, sought-after field. By the way, anesthesiologists do well financially, as do physicists, and CEOs of large companies.  |
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scot47
Joined: 10 Jan 2003
Posts: 15343
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| Posted: Sat Dec 26, 2015 3:48 pm Post subject: |
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| I returned, and saw under the sun, that the race is not to the swift, nor the battle to the strong, neither yet bread to the wise, nor yet riches to men of understanding, nor yet favour to men of skill; but time and chance happeneth to them all. |
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Xie Lin
Joined: 21 Oct 2011
Posts: 731
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| Posted: Sat Dec 26, 2015 4:03 pm Post subject: |
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| scot47 wrote: |
| I returned, and saw under the sun, that the race is not to the swift, nor the battle to the strong, neither yet bread to the wise, nor yet riches to men of understanding, nor yet favour to men of skill; but time and chance happeneth to them all. |
Scot, are you sure this shouldn't be the beginning of a thread of it's own? 
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scot47
Joined: 10 Jan 2003
Posts: 15343
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| Posted: Sat Dec 26, 2015 4:06 pm Post subject: |
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If you interpret it, then you will see that Scripture tells us that Luck ("Time and Chance") play a large part in what happens. TEFL especially in the ME is not about Merit or "La Carriere ouverte aux talents"
My quote is Ecclesiastes 9:11 in the King James Version.
Last edited by scot47 on Sat Dec 26, 2015 6:01 pm; edited 2 times in total |
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Xie Lin
Joined: 21 Oct 2011
Posts: 731
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| Posted: Sat Dec 26, 2015 4:31 pm Post subject: |
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| scot47 wrote: |
| If you interpret it, tyhen you will see that Scipture tells us that Luck ("Time and Chance") play a large part in what happens. TEFL easpecially in the ME is not about Merit or "La Carriere ouverte aux talents. |
It just seemed such a philosophical response to a small, very specific question, as if you are looking back and pondering some big questions as we approach another new year. (Or, maybe it was nothing more than a casual toss-off!)
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ebooktrial0001
Joined: 02 Jan 2014
Posts: 156
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| Posted: Sun Dec 27, 2015 3:47 am Post subject: Specifically; I Meant ESL Jobs |
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Specifically, I meant ESL jobs.
The real metric for pay terms is "pay per hour".
I believe someone with a MA in ESOL, perhaps from Columbia, and lots of experience would be best. |
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scot47
Joined: 10 Jan 2003
Posts: 15343
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| Posted: Sun Dec 27, 2015 5:30 am Post subject: |
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There are many other factors to consider.
Contractual hours taught
Overtime
Health Care
Allowances for Dependants
Housing
Vacations
Flight tickets |
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nomad soul
Joined: 31 Jan 2010
Posts: 11454
Location: The real world
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| Posted: Sun Dec 27, 2015 5:50 am Post subject: Re: Specifically; I Meant ESL Jobs |
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| ebooktrial0001 wrote: |
Specifically, I meant ESL jobs.
The real metric for pay terms is "pay per hour".
I believe someone with a MA in ESOL, perhaps from Columbia, and lots of experience would be best. |
MA ESOL teachers with "lots" of (post-MA) experience are quite common. Besides, employers in the Gulf (your region of interest) cap years of experience in terms of pay. Plus, salaries are declining.
Again, if you have some specialty like instructional design, technical writing, or a background in aviation, medicine, principal licensure, etc., pay goes up significantly. For example, a technical writer with Aramco earns around $100K per year. That's where the top jobs are. |
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dragonpiwo
Joined: 04 Mar 2013
Posts: 1650
Location: Berlin
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| Posted: Sun Jan 10, 2016 11:28 am Post subject: erm |
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I'm on about that and not in Saudi  |
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nomad soul
Joined: 31 Jan 2010
Posts: 11454
Location: The real world
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| Posted: Sun Jan 10, 2016 1:47 pm Post subject: |
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| dragonpiwo wrote: |
| I'm on about that and not in Saudi |
If you're referring to my comment about technical writers with Aramco earning around $100K per year, be aware that's exclusive of Aramco's family compound housing (furnished villa), education for dependents, and all the other perks direct hires get. You're in the UAE and have posted about the high rents for apartments in AD (which you pay out of your earnings) and how your wife can't afford to quit her job in Europe to join you. Moreover, technical writing is way more marketable than EFL teaching. |
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bograt
Joined: 12 Nov 2014
Posts: 331
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| Posted: Sun Jan 10, 2016 5:27 pm Post subject: |
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| In the field of TEFL the highest paid jobs are writers of well known text books such as English file, Cutting Edge etc... Or celebrity writers/experts/speakers such as Michael Lewis/Jeremy Harmer/Scott Thornbury who can command large fees at conferences/workshops and the like. |
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daryl_ks
Joined: 23 Jun 2014
Posts: 23
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| Posted: Sun Jan 10, 2016 9:45 pm Post subject: |
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| nomad soul wrote: |
| dragonpiwo wrote: |
| I'm on about that and not in Saudi |
If you're referring to my comment about technical writers with Aramco earning around $100K per year, be aware that's exclusive of Aramco's family compound housing (furnished villa), education for dependents, and all the other perks direct hires get. You're in the UAE and have posted about the high rents for apartments in AD (which you pay out of your earnings) and how your wife can't afford to quit her job in Europe to join you. Moreover, technical writing is way more marketable than EFL teaching. |
Of course the secret for ARAMCO is going direct hire, right?
I had an interview offer about a year ago now do a dh position... Then, nothing. Was told they had suspended international recruitments for these positions. Still get semi-regular updates from Aramco in UK saying there has been no change, but they'll let me know when there is...
The benefits do really seem to make Aramco direct hire an attractive proposition (as long as you're fine living in Saudi). |
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auhruh
Joined: 01 Aug 2013
Posts: 37
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| Posted: Tue Feb 09, 2016 4:39 pm Post subject: |
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| bograt wrote: |
| In the field of TEFL the highest paid jobs are writers of well known text books such as English file, Cutting Edge etc... Or celebrity writers/experts/speakers such as Michael Lewis/Jeremy Harmer/Scott Thornbury who can command large fees at conferences/workshops and the like. |
Celebrity speakers only get around 500 GBP a day for events, plus travel expenses. Their royalties aren't great either as nobody buys their titles in any bulk.
Old-school authors such as Betty Azar are rolling in cash, however these days the publishers give up front fees rather than royalties. |
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