Management is very crucial for the efficient running of an organization, and at every level and department in every organisation, there are managers of every sort. These managers perform various functions to ensure the smooth running of the organization, they might include, financial management, human resources and execution management.
Due to the kind of jobs management officials perform, such positions are mostly occupied by seasoned and experienced individuals and come with a very impressive salary.
Highest Paying Management Jobs
After careful and detailed analysis of many managerial jobs, I have compiled the top 10 best of them all and in this publication, I would be focusing on these 10 and briefly highlighting what it takes to become one.
Marketing Manager
A marketing manager is charged with the duties of ensuring that the marketing department of an organization is up and running, they help organize strategies for promoting the visibility and brand of an organization and the collection of customer data.
A marketing manager needs a degree in marketing, commerce or a related field. Aside from such degrees, they need to be good with critical thinking as they sit on top of the organisation brand and ensure that the organization’s voice is heard in spite of competition.
Marketing Managers get an average annual salary of about $59,000
Production Manager
This position is common in an organization that is in the manufacturing industry though it can be found in other organizations. A production manager facilitates the production process and ensures that everything necessary for manufacturing is in order and easily accessible. A summary of their job is to ensure that production tools are always available.
One who has a degree in mechanical engineering, civil engineering or has taken any course in project management can become a production manager.
These professionals go home yearly with an average salary of $70,000.
Public Relations Manager
Also known as PR, public relations managers are in charge of managing the reputation of every organisation and work closely with the marketing department to ensure that the organization’s brand image is kept clean from negative reputation. Oftentimes, public relations manager roles are outsourced to external bodies dedicated to promoting good brand image of organizations.
A degree in marketing is sufficient to land one in a public relations career.
Many public relations managers earn about $60,000 a year on average.
Training Manager
For every organization to remain productive always, they need to carry out continuous training of their employees on industry practices and policies that relate to their industry. This is where training managers come into the picture. These managers ensure that employees in an organization have the right resources and training needed to maximize their working potential.
A training manager might be specified in a separate industry, but for a large organization, such managers handle and work with different stakeholders to ensure that each department gets all the necessary resources and training they need for the smooth functioning of the organization.
Training Managers usually get paid about $70,000 a year.
Operation Manager
Professionals in this managerial role often work closely with the Chief Operations Officer (COO) of an organization. Their work is to supervise the operation of other departments and ensure that the company’s day to day activities and goals are achieved.
Sometimes, the position of a COO takes over that of an Operation Manager and in such cases, the compensation is usually high. An Operation Manager gets paid an average salary of about $71,000 a year.
Human Resource Manager
A very fundamental managerial role in every organization. Human Resource Managers are those professionals that facilitate the Human resources of a company.
They are actively involved in managing the employees, their salaries and records. Oftentimes, they also handle the employment and firing of employees. These managers ensure that company policies are strictly adhered to by employees.
A degree in psychology or a similar field can get one into human resources.
Also, human resource managers get paid a very high annual salary of about $73,000.
Project Manager
A project manager is charged with the developing and implementing every project the organization is executing or planning. They work with different departments to ensure that everything goes as planned. Additionally, they manage the budget of an organization and help keep the finances audited by working closely with the accounting department.
With the complex work on their desk, project managers get paid an annual salary of around $78,000.
Finance Manager
In the accounting department, their finance manager ensures that the organization’s finances are in order. They manage and plan financial records, audit financial statements and disburse funds for the budgets of an organization. Finance Managers might not work full-time in an organization or can simply be an accountant hired by an organization to help plan and manage their finances.
Accountants and bankers are usually employed to work in this job position and a degree in economics or accounting with relevant work experience is sufficient to work in this position.
Finance Managers are paid about $87,000 a year.
IT Managers
IT managers supervise the overall operations of the organization’s IT infrastructure and team. They work with the technical department and Chief Technical Officer to ensure that the technological development of an organization is running effectively.
To become an IT manager, you would typically need a degree in computer science or a relevant academic field.
IT managers get paid an annual average salary of $90,000
Chief Executive Officer
This is a C-level executive role in a company. The CEO supervises everything that goes on in an organization and they chair board meetings, representing the organization. A CEO might be the founding member or an employee who has been in the organization for long enough. The job of a CEO is multiple and they preside over everything in organization.
Becoming a CEO doesn’t necessarily require a specific academic qualification, an ability for good management is strictly required and knowledge in many sectors of an organization.
CEOs get paid an annual average salary of $205,000 depending on the organization type and capacity plus other C-level executive bonuses.
Conclusion
Almost anyone can work in a managerial role in an organization, it depends on one’s natural inclination and academic qualifications. Managements require high discipline to put the entire organization in order.
Choosing the role of your preference will depend on what works best for you.
