America’s Highest-Paying White-Collar Jobs

October 7, 2009    

Original Article: Forbes Online

By: Klaus Kneale

Here’s where to make the most without leaving a desk.

People in senior management are making less now than a year ago–unsurprising, given the state of the economy. The average base pay for their jobs this year is $97,500, which is 1.2%–roughly $1,200–less than in 2008. These numbers were just released by Compdata, a research firm in Olathe, Kan. Compdata surveyed nearly 5,000 companies for its Compensation Survey 2009.

Compdata looked at 26 senior management jobs below C-level, and despite the whipping that many banks have taken, commercial lending directors are still the best paid of all of them. This is the fifth year that that job has won out. Commercial lending directors are making $128,600 in 2009–$10,300 more than general managers, who rank second.

Even though commercial lending directors make the most, they too have experienced a slight pay cut from last year, 1.4%. Still, their paycheck has grown 10.1% over the past five years.

Who has had the best five-year growth of all? Finance directors. Since 2005, their pay has increased 35%. In just the last year, they gained 4.2% and rose from ninth best paid to fourth.

The biggest five-year loser: mortgage lending director. That job has lost 11.8% of its pay over the last five years. In the last year, it lost 5.9%. When your job has real estate bubble written all over it, you’ve got to expect to take a hit.

The biggest loser in the past year alone is a position that suffers when everyone else makes less: development officer, meaning fundraising manager for a nonprofit. That job was in the top 10 for five straight years, but a 16% drop in pay has now lowered its ranking to 12th. It’s the only job in the top 10 last year that didn’t remain there this year.

Human resources managers and advertising and public relations managers make the least among senior managers, at $74,700 and $73,200, respectively. That’s almost a quarter less than the average. Too bad, considering what a grim job HR people have had this year, having to lay so many off, and how much harder that bloodletting has made corporate PR too.

Original Article: Forbes Online

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