There are a bunch of degrees that lead you to high-paying jobs right out of university. This is important, especially when you have student loans, rent, and other living expenses to cover.
With the best paying entry-level jobs, however, you have less to be troubled over.
According to Statista, the average starting salary for the class of 2023 was US$66,467. One major factor to always keep at the top of your mind is that this amount varies depending on the industry you enter.
For example, engineering or computer science graduates tend to earn more than those in arts or social sciences.
High-paying jobs equals less job satisfaction
High-paying jobs often come with increased responsibilities, oftentimes resulting in a decrease in job satisfaction among employees.
A 2024 report highlights this trend at Tesla, where employees’ satisfaction reduces as they ascend the corporate ladder.
It found that junior Tesla employees rate their experience at 4.39 stars, while senior staff members rate it at 3.61 stars. This gap shows that higher pay and more senior positions do not necessarily mean greater job happiness.
The difference in job satisfaction between junior and senior Tesla employees could be because of the increased workload and responsibilities that come with senior roles. As employees move up the ranks, they get more complex projects, longer working hours, and higher expectations.
This increased pressure can lead to stress and burnout, reducing overall job satisfaction despite the higher compensation.
How to get one of the best paying entry-level jobs as a fresh grad?
Here are some tips to follow when looking for a job fresh out of university:
1. Avoid using a generic resume
Tailor your resume to highlight your strengths, skills, and experiences. Personalising your resume can help you stand out from other candidates.
2. Be on the lookout
Continuously look for job opportunities. Don’t limit your job search to positions directly related to your degree. Apply for jobs that interest you, even if they are outside your field of study.
3. Follow up with companies
After an interview, take the initiative to follow up with the employer. Send an email to inquire about the status of your application. This shows your interest in the position.
4. Start job hunting early
Begin your job search before your semester ends. This can help you secure a job before you graduate, reducing the waiting time between finishing your studies and starting your career.
5. Network actively
Expand your network by participating in community activities and attending networking events. This can lead to more opportunities and connections.
8 best paying entry-level jobs for fresh grads
1. Junior data scientist
Average salary: US$77,267
As a data scientist, your responsibility is to create frameworks that companies use to analyse their large data sets. This includes designing and implementing algorithms and models, running tests and experiments on data, developing data products, and optimising these frameworks.
Data scientists are among the best-paying entry-level jobs because their skills are in high demand. According to the US Bureau of Labour Statistics (BLS), the demand for data scientists is expected to grow by 22% by 2030.
To get a job as a data scientist, you need at least a bachelor’s degree in computer science, math, engineering, statistics, or a related field.
2. Product manager
Average salary: US$42,358
As a product manager, you will lead the development of a product from conception to launch. You will be the bridge between different teams in your company. This includes engineering, marketing, sales, and customer support. Your responsibilities include understanding customer needs, defining a product vision, creating a roadmap, and ensuring that the final product aligns with the company’s goals.
Product management is one of the best paying entry-level jobs because companies heavily rely on them for growth and innovation.
3. Human resource (HR) assistant
Average salary: US$45,515
As an HR assistant, your role revolves around supporting HR professionals in different administrative tasks and projects. Your responsibilities will include scheduling interviews, processing payroll and paperwork, conducting onboarding sessions, and helping with training. These skills are essential for maintaining smooth operations and fostering a positive work environment.
HR assistants are among the best paying entry-level jobs for fresh grads because they play an important role in managing the aspects of the company.
While many employers prefer candidates with a bachelor’s degree, you may still have a chance if you have the right skills and personality, regardless of your educational background.
4. Sales representative
Average salary: US$68,651
A sales representative plays a huge role in connecting with potential customers and convincing them to purchase a company’s products or services. Your job involves understanding customers’ needs and showing them how your offerings can effectively meet them.
Your day-to-day duties may include arranging meetings, making phone calls, and using your communication skills to explain product features and benefits. You’ll also handle negotiations and pricing discussions to close deals.
Sales representatives are among the best paying entry-level jobs for fresh grads because businesses constantly need them to drive revenue growth by acquiring new customers and retaining existing ones.
Sales reps also have the opportunity to earn bonuses and commissions based on their performance, which will increase their monthly salary.
5. Real estate assistant
Average salary: US$53,764
As a real estate assistant, your responsibilities include assisting agents with marketing and selling houses and assisting clients with buyer negotiations and home loans.
This role requires you to have an understanding of the housing market, excellent communication skills, and the ability to negotiate effectively.
One reason real estate agents earn so much is the commission-based nature of the job. Instead of a fixed salary, you earn a percentage of the sale price of the properties you sell. Your income potential depends on your effort, skill, and market conditions.
6. Mental health technician
Average salary: US$59,278
Mental health technicians are among the best paying entry-level jobs for fresh grads. In this role, you will provide care and support to patients with mental health issues, assist in implementing treatment plans, and monitor patients’ conditions.
You will work closely with psychiatrists, psychologists, and other healthcare professionals to ensure patients receive the care they need.
They earn well due to the increasing demand for mental health services technicians provide. Working in specialised areas, such as hospitals or residential mental health facilities, can lead to higher wages and more opportunities for overtime pay.
To become a mental health technician, you will need at least a degree in psychiatric or mental health technology.
7. Political scientist
Average salary: US$128,020
As a political scientist, your responsibilities include analysing political systems, studying the development and operation of political institutions, and conducting research on political ideas and government policies. Your role may involve publishing research findings, advising political leaders, or teaching at universities. You must have strong analytical, research, and communication skills to interpret and present complex political data effectively.
Political scientists are among the best-paying entry-level jobs due to the specialised knowledge and expertise required in this and the demand for informed political analysis in government, academic, and private sectors. Political scientists often work for think tanks, research organisations, and government agencies, where their insights can directly influence public policy and political strategies.
To become a political scientist, you need at least a master’s degree in political science or public administration. Many positions, especially those in academia or advanced research, even require a PhD.
8. Content writer
Average salary: US$61,698
As a content writer, you will find yourself in one of the best paying entry-level jobs. Your responsibilities will include creating engaging and informative content for websites, blogs, and social media.
You will research topics, write articles, and edit your work to ensure clarity and accuracy. You must understand Search Engine Optimisation (SEO) principles to optimise your content for search engines and drive more traffic to the websites you write for. This role requires you to have strong writing skills, creativity, and the ability to adapt your writing style to different audiences and platforms.
Content writers often earn more due to the increasing demand for high-quality digital content. Companies are willing to pay for skilled writers who can produce compelling content that attracts and retains customers, drives engagement, and enhances their online presence.
To become a content writer, you need a bachelor’s degree in English, journalism, or communications.