This article contains a list of high-paying jobs in Germany that citizens and foreigners need to take note of. Germany is a land of opportunities and the salaries in the country are quite higher than most of the other European countries, as well as other countries in the world.
Though employers in Germany pay well, there are some jobs whose wages are relatively higher than others.
These jobs will be listed below and the exact pay depends on the employee’s qualifications and work experience.
See also: Germany Jobs, Job sites, and recruitment agencies
Table of Contents
Top 10 High-Paying Jobs in Germany
1. Managing Administrators
Average Salary: 4,560 EUR
Managing administrators/directors/CEOs have the best-paid job in Germany. They occupy the highest spot on an organization’s board of directors.
The managing administrators are responsible for managing their organization’s daily business activities and finances and also making sure that all legal obligations are met.
Managing administrators at companies with 30 or fewer employees make about €170,000 per year but can still earn about €380,000 in a company with 500 -1000 employees and €808,000 in an organization with more than five thousand employees.
Entry Requirements
A relevant degree, postgraduate or professional qualification in either Business Administration, Finance, Law etc is required when applying for this position. A previous work history is also important when applying for an MD position.
See also: Recruitment agencies in Germany
2. Federal Minister
Average Salary: €14,000
A Federal Minister is a member of the federal executive council of Germany. They make and implement choices on policies with regional ministers which include the Federal Ministers of Defence, Finance and Health, and Chancellor and Vice-Chancellor.
A Federal Minister can generally make €14,000 per month which is approximately €168,000 per year. The salary of the Chancellor in Germany is about €17,000 per month or €204,000 a year. and also receives an extra of €1,000 per month as tax-free compensation for expenses.
Entry Requirements
Most politicians build successful careers in fields like law, economics etc before going into politics this gives them a portfolio pre-politics. You must be a citizen before applying for this post.
3. Investment Banker
Average Salary: €150,000
An investment banker is essentially a company’s financial adviser. An investment banker works in a big bank or a financial institution and deals with raising capital for companies, governments, and other institutions.
In a year, investment bankers can earn as much as €150,000 and senior investment bankers can also be paid €300,000 yearly.
Entry Requirements
To apply for this position you will need a Bachelor’s degree and a Master’s degree. A degree in Mathematics, economics, and statistics and also a professional practice license are essential.
See also: 15 Top Courses in Germany
4. Sales Manager
Average Salary: €134,000
A sales manager’s role basically involves talent development and day-to-day management of the company. A sales manager builds sales plans, set goals and quotas, assigns sales training, analyzes data, mentors members of the company’s sales team and also recruit staff.
Experienced sales managers earn as high as €134,000 annually. Senior specialists €88,000 and account managers €94,000 per year.
Entry Requirements
A BSc in management, business law, economics, accounting, arithmetic, finance, selling, and statistics is required as well as previous work experience as a sales representative.
5. Laboratory Manager
Average Salary: €123,000
Lab managers are accountable for the safe and efficient operations of a clinical, forensic, research and development or medical laboratory.
Lab managers generally earn between €123,000 annually.
Entry Requirements
Most recruiters seek lab managers with years of experience and a bachelor’s degree in medical technology and chemical engineering.
6. Attending Physician
Average Salary: €85,000-€150,000
An attending physician is a senior doctor in a clinic or medical care centre. An attending medical doctor is compared to department managers because he/she supervises staff, residents, medical students, and other medical practitioners.
An attending physician is also responsible for a particular department in their chosen speciality.
About 80% of salaries for attending medical doctors range between €85,000 and €150,000 yearly. However, chief medical doctors with over 11-16 years of experience in this role can earn up to €272,000 yearly.
Entry Requirements
Firstly, you need a medical degree, then apply for the approbation license and also work towards a German language certification at a minimum level of B2 and C1.
7. Lawyers
Average Salary: €50,000 – €80,000
The role of lawyers varies across legal jurisdictions. Generally, Lawyers advise clients on legal issues like property and personal rights and also represent them in disputes and court proceedings.
Lawyers in small firms in Germany earn a salary of about €40,000 per year, but in medium-sized firms, they can earn up to €50,000 – €80,000 and €700,000 in large firms.
Entry requirements
You will need to obtain a law degree if you want to be a lawyer in Germany. You’ll also need to undergo a mandatory clerkship so that you’ll get the necessary practice skills and finally, pass a set of examinations.
The process of getting all these requirements takes a long time and take note that requirements vary by state to state.
8. IT Specialist
Average Salary: €81,000/ €124,000
IT specialists are experts that provide IT support to identify and fix IT issues. An IT specialist assists companies and organizations with managing their hardware, software, and networking issues.
The annual average salary of an IT specialist is about €66,000. With experience and skills they can become IT managers with a salary of about €81,000 and as chief of IT €124,000 yearly.
Entry Requirements
A bachelor’s degree in any computer-related field like computer science and information technology. You need to be skilled in programming as well.
See also: Amazing Job portals in Germany
9. Engineer
Average Salary: €138,000 – €168,000
Engineers are liable for designing materials, structures, and systems while keeping rules, safety, usefulness and price in mind. Engineer duties vary according to their respective branches such as civil engineering, electrical engineering, mechanical engineering, and chemical engineering.
Salary
Engineers generally make around €64,000 annually but with skills and experience, the salary can increase to €138,000 – €168,000 per year.
Entry Requirements
A master’s degree, Ph.D., and professional qualifications in any chosen area are best required for this role.
See also: How to get a Job through a German Job seeker Visa for Foreigners
10. Consultant
Average Salary Per Year: €220,00-€370,000
Consultants are responsible for providing expert advice in specific areas like law, occupation, security, management, education, and many more. They work either independently or with a firm with the aim of providing excellent services to clients.
Salary
The starting salary of a consultant ranges between €30,000 and €46,000 per year. As time goes by they can move up to become a partner and will start earning about €220,000 and €370,000 yearly.
Entry Requirements
A bachelor’s degree is required in a related field like finance, business administration, business management, and accounting. A master’s degree is also beneficial when applying for this role.
Frequently Asked Question
What jobs are in demand in Germany?
- IT Specialist
- Consultant
- Medical attendant
- Engineer
- Lawyer
- Federal Minister
- Managing Administrators
- Sales Manager
- Investment banker
- Laboratory managers
What is the Minimum wage in Germany?
The minimum wage in Germany in 2019 was fixed at €1,557 per month which is around €18,684 per year.
These are the questions most foreigners ask before moving to Germany. Germany has an attractive job market for skilled workers.
Employers in Germany are always in need of well-trained and professional employees. Germany is a great country to work in if you are pursuing a career in research.
What is the cost of living in Germany?
The cost of living per month in Germany is around €850. When compared to other European nations, it is really not expensive. The largest expense is rent.
What field is best in Germany?
Germany is best known for its engineering activities. The engineering field is the best field in Germany. Be it Mechanical, automobile, electrical engineering, etc.
Can I get a job in Germany?
Of course yes. If you are well-trained and qualified, you’ll have access to high-paying jobs.
What are teachers’ salaries in Germany?
Even though teachers are the ones responsible for building up other professions and Careers, they are underpaid compared to other professions
On average, a primary school teacher begins with a paycheck of $46,500 per year while the highest they can earn is perked at $61,500 on average
What is a doctor’s salary in Germany?
On average, a Doctor earns 65,000 Euros gross Salary per annum. This is as an assistant Doctor (Assistenzarzt) though. A Specialist (Facharzt) earns around 80,000 Euros.
Promotions in Hospitals come based on years of professional work Experience.
How much does a pharmacist earn in Germany?
A Pharmacist actually earns around 4,000 – 5,000 Euros per month. This is inclusive of Housing, Transportation, Healthcare, and other working benefits. It is important to also note that the Salary of Pharmacists could vary based on their location, experiences, Qualifications, and Skills.
What is a University Teacher’s salary in Germany?
Depending on which state the University is located in, a Professor’s (W2) Salary stands at €5,000 to €6,000+. Learn more from Academic Positions
Summary High-Paying Jobs in Germany
The high-paying jobs in Germany listed above require skills and experience. Before applying for any of the above positions, a good qualification in the field of your choice is needed as well as previous work experience.
Getting these kinds of jobs is easier when you are well-qualified for them. Employers are willing to pay huge amounts just to get their job done.
For all those willing to earn higher, it takes time, skill, and experience if you want a better or higher pay job.