6 Jobs That Get a Salary Increase Every Year

Are you tired of being stuck in a dead-end job with no chance of a salary increase?

Well, it’s time to take control of your career and steer yourself towards a path of yearly pay raises.

That’s right, we’ve scoured the job market and found six careers that not only offer job security but also come with the added bonus of a guaranteed salary increase.

From physicians to data scientists, these careers are in high demand and offer ample growth opportunities.

So, let’s take a deep dive into the exciting world of careers with a guaranteed salary increase and start paving the way toward financial stability and success!

To what we have been waiting for, in no particular order.

Jobs With Yearly Salary Increase

Here are the six jobs with a salary increase every year:

1. Physicians

Becoming a physician is a challenging but rewarding career path.

As a physician, you will play a vital role in diagnosing and treating illnesses, managing chronic conditions, and promoting preventive care.

The demand for physicians is consistently high, which means job security and stability are a given.

This, combined with the potential for a yearly salary increase, makes the career of a physician highly attractive to many.

To become a physician, you’ll need to complete a rigorous educational journey.

This includes obtaining a bachelor’s degree, attending medical school, and then completing a residency program.

The education process takes several years but is well worth it in the end.

Once you’re licensed and practicing, the opportunities for growth and advancement are endless.

The type of physician you become will depend on your interests and the area of medicine you choose to specialize in.

Some popular fields of specialization include pediatrics, surgery, oncology, and cardiology, just to name a few.

No matter what specialty you choose, the impact you’ll have on people’s lives is immeasurable.

The average salary for physicians varies depending on their specialty, years of experience, location, and other factors.

According to the Bureau of Labor Statistics, the median annual wage for physicians and surgeons was $208,000 in May 2020.

In terms of yearly increases, the exact amount of salary increase for physicians may vary. 

Physicians who own their practice or work in specialized fields may see higher salary increases.

Highly specialized physicians, like neurosurgeons and orthopedic surgeons, can earn median annual salaries of $409,665 and $498,818, respectively.

In conclusion, the career of a physician is a fulfilling and financially stable one.

With a yearly salary increase and job security, it’s no wonder why so many people choose this path.

Read: How to Negotiate a Higher Salary: Proven Strategies and Tips for Success

2. Software Developers

For a career with steady demand, high salary, and potential for yearly increases, consider software development.

In today’s tech-driven world, the demand for software developers continues to grow at an astonishing rate.

This makes this career path a wise choice for those seeking job security and financial stability.

The average salary for software developers is also quite impressive.

The median annual wage is $105,590 as of May 2020, according to the Bureau of Labor Statistics.

This salary can vary depending on experience, location, and specialty.

But it’s safe to say that software developers are well-compensated for their skills.

Software developers can expect steady salary growth as demand for their skills continues to rise.

According to Glassdoor, the average salary increase for software developers is around 3-5% per year.

Software developers come in all shapes and sizes, with a variety of specialties and skills.

From developing mobile apps to creating complex software systems, the field of software development is diverse and constantly evolving.

Some popular specialties within the field include web development, game development, and data science.

In essence, a career as a software developer offers job security, high salaries, and yearly salary increases.

TikTok jokes suggest marrying software developers over doctors due to doctors’ long study periods before getting “rich.”

Don’t tell anyone we told you to “wink.”

With growing demand for technology and diverse specialties, software development offers abundant growth and advancement opportunities.

So, if you have a passion for technology and a love of problem-solving, consider becoming a software developer!

Read: What Job Opportunities Await After Learning Code?

3. Engineers

Attention all problem solvers and innovation seekers!

If you’re looking for a career that offers high demand, a competitive salary, and the potential for yearly increases, then engineering might just be the path for you.

From civil to mechanical, electrical to software, there are countless specialties within the field of engineering, each offering its own set of challenges and rewards.

The demand for engineers is on the rise, with new technologies and innovations driving growth and creating a need for skilled professionals.

As a result, engineers can expect to see steady job security and a competitive salary.

According to the Bureau of Labor Statistics, the median annual wage for engineers was $91,010 as of May 2020, with salaries varying based on specialty, location, and experience.

In terms of yearly increases, engineers can expect to see steady salary growth as the demand for their skills continues to grow.

According to Glassdoor, the average salary increase for engineers is around 4–6% per year.

So, what kind of engineer are you?

Do you have a passion for creating innovative solutions to complex problems?

Are you fascinated by the inner workings of machines and technology?

Then, consider exploring the many specialties within the field of engineering.

From civil and mechanical engineering to electrical and software engineering; the possibilities are endless.

There is a growing demand for innovative solutions and new technologies.

So, if you’re interested in creating solutions for people, now is the perfect time to explore this exciting and in-demand field.

Read: Goal Setting 101: How to Define and Reach Your Targets

4. Nurse practitioners

If you’re looking for a career that offers steady demand, a competitive salary, and the potential for yearly increases, then look no further than becoming a nurse practitioner.

As our healthcare system continues to evolve and grow, the demand for nurse practitioners is at an all-time high.

This makes this a wise choice for those seeking job security and financial stability.

The average salary for nurse practitioners is quite attractive, with the median annual wage being $109,820 as of May 2020, according to the Bureau of Labor Statistics.

This salary can vary based on experience, location, and specialty.

However, nurse practitioners are well-compensated for the vital role they play in patient care.

In terms of yearly increases, nurse practitioners can expect to see steady salary growth as the demand for their skills continues to grow.

According to Glassdoor, the average salary increase for nurse practitioners is around 3–5% per year.

Nurse practitioners come in many shapes and sizes with a variety of specialties and skills.

From primary care to psychiatry, nurse practitioners play a vital role in patient care in a variety of settings, including hospitals, clinics, and private practices.

Some popular specialties within the field include pediatrics, gerontology, and emergency care.

With a growing demand for healthcare services and a diverse range of specialties, the field of nurse practitioners offers a wealth of opportunities for growth and advancement.

So, if you have a passion for patient care and a love of helping others, consider becoming a nurse practitioner!

Read: Is The Gender Pay Gap a Fact?: An Industry Focus

5. Accountants and Financial Advisors

Hey there, financial wizards!

If you’re looking for a career that offers steady demand, a competitive salary, and the potential for yearly increases, then consider becoming an accountant or financial advisor.

In today’s fast-paced and complex economy, the demand for skilled financial professionals is at an all-time high, making this a smart choice for those seeking job security and financial stability.

The average salary for accountants and financial advisors is also quite attractive.

The median annual wage for accountants is $71,550.

And the median annual wage for financial advisors is $89,160, according to the Bureau of Labor Statistics.

Of course, these salaries can vary based on experience, location, and specialty.

However, the financial industry is well-known for offering competitive compensation packages.

In terms of yearly increases, accountants and financial advisors can expect to see steady salary growth as the demand for their skills continues to grow.

According to Glassdoor, the average salary increase for accountants and financial advisors is around 3-5% per year.

Accountants and financial advisors come in many shapes and sizes with a variety of specialties and skills.

From tax preparation to investment planning, these financial professionals play a vital role in helping individuals and businesses manage their finances.

Some popular specialties within the field include tax accounting, financial planning, and management accounting.

So, if you have a passion for numbers and a love of financial planning, consider becoming an accountant or financial advisor!

6. Data scientists

Hey there, data wizards!

If you’re looking for a career that offers high demand, a competitive salary, and the potential for yearly increases, then consider becoming a data scientist.

In today’s data-driven world, the demand for skilled data professionals is at an all-time high, making this a smart choice for those seeking job security and financial stability.

The average salary for data scientists is also quite impressive.

The median annual wage is $93,750 as of May 2020, according to the Bureau of Labor Statistics.

Of course, these salaries can vary based on experience, location, and specialty.

But the field of data science is well-known for offering competitive compensation packages.

In terms of yearly increases, data scientists can expect to see steady salary growth as the demand for their skills continues to grow.

According to Glassdoor, the average salary increase for data scientists is around 4–6% per year.

Data scientists come in many shapes and sizes, with a variety of specialties and skills.

From data analysis to machine learning, these professionals play a vital role in helping organizations make data-driven decisions.

Some popular specialties within the field include predictive modeling, big data analytics, and artificial intelligence.

With a growing demand for data-driven solutions and a diverse range of specialties, the field of data science offers a wealth of opportunities for growth and advancement. 

Conclusion

In conclusion, choosing a career path with job security and the potential for yearly salary increases is a smart choice for anyone looking for stability and financial success.

Whether you’re interested in medicine, technology, finance, or data, there are plenty of exciting careers that offer just that.

From physicians and nurse practitioners to software developers, accountants, financial advisors, and data scientists, these careers offer high demand, competitive salaries, and the potential for steady growth.

As we look to the future, it’s clear that these careers will continue to be in high demand, with new technologies and innovations driving growth and increasing the need for skilled professionals.

And, as the demand for these skills continues to rise, we’ll likely see a continued upward trend in salaries and yearly increases.

So, if you’re looking to secure your financial future and build a successful career, consider exploring these exciting and in-demand fields.

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