Most of us like to think that we make our career choices based on what we really love to do. After all, isn’t that the dream? Everyone, at least at some point, wants to spend their life doing what they love and getting paid for it. In reality, however, career salary has a lot more to do with it than most of us would admit. Career salaries, after all, are important to your happiness. You can be doing something you love but, if you don’t have the money to enjoy yourself in your spare time, it doesn’t really matter, does it? Most people, whether they like it or not, end up coming around to the same perspective on career choices. In your spare time, you can do what you love. With your career, you have to do what makes you money.
In this edition of Marketing Week Explores, hosted by reporter Molly Fleming, Marketing Week editor Russell Parsons and acting features editor Charlotte Rogers reflect on the lack of diversity in marketing exposed by the 2020 Career and Salary Survey and discuss what change is needed to redress the balance.Source: https://www.marketingweek.com/marketing-week-explores-2020-career-and-salary-survey/
Of course, you can’t look at career salary in isolation. You have to look at it in a wider context of career options. For example, there are some careers that can make you a lot of money but provide very little security. Sure, investors may make a lot of money, but they can also lose a huge amount of money. Unless you are reasonably sure that you have what it takes, you shouldn’t let the career salary sway you. The same goes for professional sports players. You may laugh, but every year thousands of teens fall into a life of minimum wage slavery because they are so confident in their sports abilities that they are willing to give up on education. It is simply not worth it! Career salary isn’t the only important consideration. Always have a backup plan.
That being said, career job salary – when balanced with job security, chance of success, and other factors – can be one of the prime motivating factors in choosing your job. As a career counselor, I always tell driven, upwardly mobile people to establish lists of the top average career salaries. After that, they should do some more research. They should look at those lists and determine what job they can do and what jobs they couldn’t stand, look at job security, try to determine which ones are on the way up and which ones are on the way down, and see how many people are going in to each field. After all, once the field becomes overcrowded, the career salary goes down. That is what happened to computer science, and it could happen to any other booming field in the future.