This article contains a list of high paying jobs in Germany which 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 the 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 experiences.
Table of Contents
Top 10 High Paying Jobs in Germany
1. Managing Administrators
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 make 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.
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.
2. Federal Minister
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 a tax-free compensation for expenses.
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
An investment banker is essentially a company’s financial advisers. An investment banker works in a big bank or a financial institution and deals with raising capitals 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.
To apply for this position you will need a Bachelor’s degree and a Masters degree. A degree in Mathematics, economics, and statistics and also a professional practice license is essential.
4. Sales Manager
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, assign sales training, analyze data, mentors members of the company’s sales team and also recruit staffs.
Experienced sales managers earn as high as €134,000 annually. Senior specialist €88,000 and account managers €94,000 per year.
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
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.
Most recruiters seek lab managers with years of experience and a bachelor’s degree in medical technology and chemical engineering.
6. Attending Physician
An attending physician is a senior doctor in a clinic or medical care center. An attending medical doctor is compared to department managers because he/she supervises staffs, residents, medical students, and other medical practitioners.
An attending physician is also responsible for a particular department in their chosen specialty.
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.
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.
The role of lawyers varies across legal jurisdictions. Generally, Lawyers advise clients on legal issues like property and personal rights and also represents 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.
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 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
IT specialists are experts that provide IT support 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.
A bachelor’s degree in any computer-related field like computer science and information technology. You need to be skilled in programming as well.
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.
Engineers generally make around €64,000 annually but with skills and experience, the salary can increase to €138,000 – €168,000 per year.
A masters degree, Ph.D., and professional qualifications in any chosen area is best required for this role.
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.
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.
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.
Question and Answer Session
What jobs are in demand in Germany?
- IT Specialist
- Medical attendant
- Federal Minister
- Managing Administrators
- Sales Manager
- Investment banker
- Laboratory managers
What is the minimum salary in Germany?
The minimum wage in Germany in 2019 is fixed at €1,557 per month which is around €18,684 per year.
Is Germany good for jobs?
This is 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 expenses 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 salary in Germany?
Even though teachers are the ones responsible for building up other professions and Career, yet 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 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 comes based on the years of professional working Experiences
How much does a pharmacist earn in Germany?
A Pharmacists 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 a Pharmacists could vary based on their location, experiences, Qualifications, and Skills.
What is a university teacher salary germany?
Depending on which state the University is located, a Professur (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 requires skills and experience. Before applying for any of the above position, 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 it. Employers are willing to pay a huge amount of money 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.