Jobs where more than 50% of workers are happy with their wages

Do you want to feel good about how much money you make? Move on to product management, engineering or real estate, where workers are more likely to say they feel they are well compensated for their jobs.

This is according to LinkedIn Workforce Confidence Indexwhich covered more than 32,000 American workers from June to September.

Nearly 60% of workers in each of these areas say they feel they have been well paid for their work, compared to an average of 49% of American workers who report feeling happy about their ability to earn.

It makes sense – tech roles are some of the most in-demand and highest-paid jobs out there, and real estate professionals have a great deal of control over their earnings through the listings they get, as well as increasing commissions.

The occupations in which workers are happy with their salaries, along with the percentage of people who are well compensated, include:

  1. Product management: 62%
  2. Engineering: 60%
  3. Property: 59%
  4. Program and project management: 58%
  5. Consulting: 57%
  6. Human Resources: 56%
  7. Funding: 56%
  8. Purchase: 55%
  9. IT: 54%
  10. Legal: 54%
  11. Business development: 54%
  12. Marketing: 53%
  13. Accounting: 52%

Meanwhile, jobs in the public sector, which often have fewer resources and stricter pay scales, are not satisfied with their paychecks.

Jobs where people are less happy than their paychecks include:

  1. Breeders: 39%
  2. Entrepreneurs: 41%
  3. Social service workers: 43%

Interestingly, some of the workers who are happier with their wages also feel better able to ask for a raise sooner. About 39% of product managers and marketers alike say they plan to ask their boss to raise a premium in the coming months, compared to just 29% of the American workforce overall.

That’s because workers know they can leverage their required skills to negotiate competitive salaries, says Taylor Borden, LinkedIn’s news editor.

Well-paid workers in marketing and engineering also report positive feelings about wage transparency and believe it can lead to greater pay equity, Borden says, “noting that they felt more comfortable talking about money at first.”

Meanwhile, many workers who feel underpaid are also less likely to negotiate raising concerns about their job security. “In the face of high inflation and potential economic uncertainty, some workers don’t feel able to turn the situation around,” Borden says.

And even those who believe in raises say it’s not enough: Half of workers who got a bonus or a higher-paying job say their earnings haven’t kept pace with inflation, according to the Bank salary increase in September exploratory study.

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