Highest paying jobs in 2021

Due to covid-19 this year the world has become more digitalized and newer career emerged such as data science, full stack developer, cloud architect etc. There many career fields in the world, as time passes new career emerge. In this blog, I am going to tell you the highest paying jobs in the world right now.

TOP 10 HIGHEST PAYING JOBS

  1. Data Scientist

There is no doubt that data scientist is at number one position. Data Scientist is the super cool job in the 21st century. It is the highest paying job in the world right now. A data scientists are the analytical experts who use statistical methods, data analytics techniques and machine learning to analyze and manage data and draw conclusions. A data scientist should be proficient in Microsoft Excel, SQL. And they should know programming languages like python, R, and Java. They should be familiar with machine learning understanding and deep learning concepts. The average salary of a data scientist is $120,177.

2. Product Manager

Product manager is the second highest paying job in the world right now. A product manager is the role, who is responsible for the development of a product in an organization. They supervise the improvement of a product and they guide the success of the product. The skills that a product manager should have are strategic thinking, excellent oratory skills, neat negotiation skills etc. The average salary of a product manager is $119,000.

3. Cloud Architect

A cloud architect comes third in the highest jobs in the world. A cloud architect who is an IT professional who supervises cloud computing system of a organization. He works with DevOps engineer and developers that right technology is built. A cloud architect must have the knowledge in one of any operating system: Windows, Linux and MacOS. They should know cloud computing technologies like Aws, Azure and GCP. Proficient in programming languages like python, java, and C#. The average salary of a cloud architect is $111,000.

4. Full Stack Developer

Full stack developer comes fourth in our list. A full stack developer is a person who posses skills to develop a web app in both front end and back end of a website. A full stack developer must be proficient in HTML, CSS and JavaScript. And at least should know onw of the programming language like python, java, PHP, ruby and should have knowledge in DBMS technology. The average salary of full stack developer is $110,000.

5. Big Data Engineer

Big data engineer comes fifth in our list. A big data engineer is an IT professional who is responsible for designing building, testing, and maintaining data processing system. They should have knowledge in Hadoops, Spark, NoSQL, and RDBMS. They should be proficient in programming languages like python and java, and they should know tools hive and pig. The average salary of a big data engineer is $85,000.

6. DevOps Engineer

DevOps engineers comes sixth in our list. A DevOps engineers is the person who understands the software development lifecycle and has the understanding the automation tools for developing digital pipelines. DevOps engineers should have good programming skills and must know programming languages like python, java, JavaScript, and ruby. The average salary of a DevOps is $82,000.

That’s all from my side. I hope you like it.

Factors affecting Job Analysis

Job Analysis is a systematic exploration, study, and recording of a specific job’s responsibilities, duties, skills, accountabilities, work environment, and ability requirements. It helps in establishing the job’s worth to an organization. In other words, it measures the value and contribution of a job to the growth of the organization.

It has two components- Job Description and Job Specification. A job description is a job profile that describes the contents, environment, and condition of jobs. The job specification identifies the knowledge, skills, abilities needed to perform that task effectively.

Some of the common factors considered by various HR professionals while conducting Job analysis are-

  • Reporting channel/Work flow: To define reporting relationships and establish organisational structure
  • Role and Responsibilities of the employee and its scope/expectations
  • Information pertaining to size of the team the incumbent has to lead, if any
  • Strategic role
  • Employee Ability and Availability
  • Prior Knowledge and Experience
  • Company culture– To determine the behavioural qualities a candidate must have to be the right fit for the organisation
  • Geographical location of the employee
  • Information pertaining to the job from previous/existing employees
  • Time and dynamicity- Some HR professionals also think that the factors change according to the business environment and/or goals of the organisation and Job analysis is an ‘ongoing process’ as it evolves with the expectations of the job. For instance, according to one respondent, the focus of job analysis has shifted from qualitative and quantitative aspects to employee and company-oriented factors which results in collective holistic development.

The factors mentioned above can be divided into two categories to understand the elements and processes of Job Analysis in detail: Factors considered for preparing Job Description and Job Specifications

Factors that influence the preparation of Job Description and Job Specifications are very different due to the varying nature and objectives of the two processes. As Job description is task-oriented and Job Specification is people-oriented, it is vital to separate the factors to understand the value and significance of both the concepts.

Some of the main factors considered in the preparation of Job Description are: Ergonomics, Role and responsibilities, Organisational structure, Team size, Scope of the job, Key Result Areas, Size of the team under the employee, if any. All task-oriented factors considered during job analysis are utilised to prepare a concise and accurate job description to have a deeper understanding of the job and its significance and role in achieving the organisational roles.

However, all people-oriented factors like qualifications, prior knowledge and experience, geographical location, behavioural traits that are compatible with the work/company culture and ethic, soft skills, Training, values, special skills depending on the nature of the job, personality traits etc are considered while preparing Job specification. Job specifications are heavily dependent on the nature of the job and hence, differs from job to job. Therefore, Job Description influences the job specifications of the ideal employee required for the job.

Conclusion

In conclusion, it can be observed that the factors considered are either people-oriented or task-oriented depending on the dimensions or objectives of the job analysis. Moreover, one of the many factors considered while preparing Job Specifications also includes the Job Description.

Presently, most organisations tend to depend on job analysis to establish working relationships and organisation structure, define job responsibilities, compensate employees and to find and recruit the right fit in accordance with the employees’ and organisation’s goals and expectations.