A chartered alternative investment analyst, or CAIA, is a financial professional who specializes in offering advice about alternative investments. The CAIA Association offers the CAIA Charter Program for financial professionals who are interested in expanding their financial knowledge to include alternatives such as real estate, private equity, and hedge funds.
Obtaining a CAIA designation requires the successful completion of two exams and membership in the CAIA Association. A securities license is not needed for CAIA certification, though you will need to have at least a bachelor’s degree and adequate work experience to earn it.
Key Points
• The CAIA Charter Program specializes in alternative investments like real estate, private equity, and hedge funds.
• The successful completion of two exams and CAIA Association membership are required for certification.
• Exams cover topics like professional standards, ethics, and the various types of alternative investments.
• CAIA certification can enhance career prospects and distinguish financial advisors.
• Approximately 13,000 CAIA charterholders exist worldwide, working in diverse financial roles.
Advantages of Obtaining a CAIA
Professional designations generally have a time and cost component to acquire — meaning that you’ll likely need to pay some fees and put in some study time to earn them — and it’s no different with the CAIA certification. It’s important, then, to consider what kind of return on investment you might enjoy. Adding a CAIA credential to your professional resume may yield several benefits.
• A CAIA charter can help you distinguish yourself from other financial advisors you compete with.
• Gaining additional knowledge in the area of alternative investments could enable you to expand the services you offer as a financial advisor, potentially increasing your revenues in the process.
• You can use what you learn in the CAIA Charter Program to better serve your existing clients and offer more comprehensive advice when constructing a diversified portfolio.
• CAIA certification may give you an edge if you’re hoping to get promoted within your current firm, or get hired at a different one.
• You can use your skills to build your brand reputation and network. For example, you might offer to lead a seminar on the benefits of alternative investments at a nationally recognized conference.
A CAIA designation might be right for you if you’re hoping to broaden your knowledge base where alternative investments are concerned. Examples of financial professionals who may be good candidates for CAIA certification include risk managers, portfolio managers, traders, consultants, and fiduciary advisors.
Start trading funds that include commodities, private credit, real estate, venture capital, and more.
Preparing for the CAIA Exam
The CAIA exam is actually two levels of examinations, both of which you’ll need to complete unless you qualify for a waiver. You’re eligible to obtain CAIA certification by taking just one exam if you’re a CFA charterholder. CFA is short for “certified financial analyst,” and is a professional designation offered by the CFA Institute.
In terms of what the exams cover, there are two topic groups. Level I topics include, but are not limited to:
• Professional standards and ethics
• Introduction to alternative investments
• Real assets
• Private equity
• Private debt
• Hedge funds
• Digital assets
• Additional strategies in alternative investing3
Level II exams cover:
• Emerging topics in alternative investments
• Universal investment considerations
• Modeling
• Institutional asset owners and investment policies
• Risk and risk management
• Methods for alternative investments
• Accessing alternative investments
• Due diligence and selecting managers
• Volatility and complex strategies3
Exams are offered twice per year, in March and September. The CAIA Association writes and prepares the curricula covered by both exams.
When you register for the CAIA exam and pay the registration fee you’ll get access to digital exam prep materials. You must pay a one-time enrollment fee of $400 for each exam, at the time of publication, as well as a $1,395 registration fee per exam. If you need to retake an exam, the fee is $795.
It’s possible to find CAIA study courses online. Courses may be self-paced or include live instruction. Note that these courses are not endorsed by the CAIA Association. Candidates are encouraged to commit at least 200 hours to study prep for each level before attempting the exams.
As far as the exam format goes, Level I and Level II are slightly different. Both exams include a multiple-choice component. Level I features 200 multiple-choice questions, while Level II has 100 multiple-choice questions. The Level II exam also has a constructed response section, which requires you to answer questions in essay format. You’ll have two hours per section, four hours total, to complete both exams.
Historical Pass Rates
CAIA exam pass rate numbers from March 2024 put the pass rate for the Level I exam at 46%, and the pass rate for the Level II exam at 59%. Since 2011, pass rates for the exam have been on a downward trend. Before 2011, the typical pass rate for the exams was around 70%.
The CAIA Association does not specify what constitutes a passing score for the CAIA exam. It’s generally recommended that candidates aim for a final score of 70 or better on both exams in order to position themselves for the best chance of passing.
CAIA vs. CFA
Chartered financial analysts or CFAs conduct research and analyze financial data, then use what they learn to make portfolio recommendations to clients who might be using a brokerage for online investing. A CFA may work with individual investors, institutional investors, or a mix of both. CFAs may offer advice on alternative investments but they may be less knowledgeable about them than a CAIA.
To obtain a CFA designation, you’ll need to pass three levels of exams, which become progressively more difficult. You must also meet minimum education and work experience requirements, and be able to provide professional letters of reference.
As for which is better, CAIA vs. CFA? It depends on your career goals. If you’d like to specialize in alternative investments, then a CAIA credential could help you attract clients with those particular needs. For example, you might have clients who are interested in investing in art, fine wines, or hedge funds.
On the other hand, you may lean toward a CFA designation if you’d like to offer advice for a broader range of investments, or even consider earning both designations.
The CAIA Charter
The CAIA Charter is how the CAIA Association refers to the CAIA designation or credential. Approximately 13,000 financial professionals worldwide have earned a CAIA certification and are considered charterholders.
The CAIA Association was founded in 2002 by the Alternative Investment Management Association (AIMA) and the Center for International Securities and Derivatives Markets (CISDM). The Association’s mission is to raise industry standards among financial professionals who work with alternative investments.
The Takeaway
If you’re working in financial services you might weigh the merits of a CAIA designation. And if you’re interested in exploring alternative investments for your portfolio it could make sense to seek out a CAIA professional.
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Invest in alts to take your portfolio beyond stocks and bonds.
FAQ
How difficult is the CAIA exam?
Based on current pass rates and historical trends the numbers suggest that its level of difficulty is something to take seriously. Taking practice tests can be a helpful way to prepare for the exam and get a sense of where you might land score-wise.
What jobs can I get as a CAIA charterholder?
CAIA professionals can work in many different roles, in varied settings. Possible job titles you could get with a CAIA credential include investment analyst, investment consultant, portfolio manager, risk manager or risk analyst, and investment advisor.
How many CAIA charterholders are there?
According to the CAIA Association, there are approximately 13,000+ CAIA charterholders worldwide. Charterholders are located in more than 100 countries globally.
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Are you an introvert in search of the perfect job environment? Introverts typically focus on internal feelings rather than external stimuli and need alone time to thrive. Introverts often have excellent listening skills, avoid conflict, take time making decisions, prefer to work alone, and feel drained after being in a crowd.
A part-time remote job can be a good move for introverts. We’ll dive into a list of flexible remote jobs, the pros and cons of each, and how to evaluate remote job opportunities.
Key Points
• Increased productivity and improved work-life balance are significant benefits of remote work.
• Remote work can offer introverts the opportunity to earn supplemental income while maintaining a flexible schedule.
• Potential downsides include reduced social interaction and teamwork opportunities.
• Part-time remote jobs like bookkeeping and online tutoring are ideal for introverts.
• It’s a good idea to thoroughly evaluate remote job opportunities before applying.
What Are Flexible Remote Jobs?
The most basic definition of a flexible remote job is one that allows you to work from home instead of from a traditional office. However, there are some variations on remote work.
Some positions are 100% remote, which means you work from home every day. You do not need to be in an office at all or travel for your job. Hybrid remote jobs are partially remote, which means you may need to travel or spend time in the office for some of your working hours.
Finally, you might have the “option” of remote work. Some employers offer the option to either work from home or go into the office.
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Pros and Cons of Getting a Remote Job
There are both pros and cons to getting a remote job. Let’s take a look at them.
Pros:
• Higher productivity: Remote employees are often more productive because they can get more work done in a quieter working environment with fewer interruptions. They take fewer breaks and experience fewer sick days than those who work in an office. (After all, germs spread throughout an office like wildfire.) In addition, remote workers can often accomplish tasks at a more comfortable pace without having to worry about office drama.
• Better work-life balance: Working from home can improve your work-life balance, allowing you to spend more time with family, pets, or partner. Employees may also worry less about taking time off to care for a family member.
• Saves on commuting: Remote work allows you to reduce your carbon footprint by not commuting or taking public transportation. And you don’t need a budget tracker to tell you that not driving to work can also save money on fuel, maintenance, and insurance.
Cons:
• Fewer teamwork opportunities: Just as it’s difficult to assemble a robust happy hour with a fully online team, it’s also harder to build true camaraderie when you work remotely. It may also be more difficult for managers to build inherent trust with a team that doesn’t see each other every day.
• Reduced social interaction: As an individual who works remotely, you may find reduced social interaction one of the most obvious downsides of working remotely. It can exacerbate feelings of isolation.
• Less access to IT support: If you have a problem with your computer or need access to particular software, you might have trouble finding the same type of help as you would in an office.
• Must be intrinsically motivated: It helps to be a self-starter when you work remotely. If you need the motivation of a team or an office to get you through your workday, you may prefer an in-person environment.
Why Are Remote Jobs Good for Introverts?
Working remotely at home can help introverts find the quiet space they need to focus. You may also find there are mental and physical benefits. For instance, virtual meetings may be less intimidating for introverts, who may have trouble speaking up in large groups.
Remote part-time jobs also help traditional workers earn supplemental income. A free budget app can help you decide how much you need to earn per hour or per paycheck.
Where to Look for Remote Jobs for Introverts
You can find remote jobs for introverts on platforms like FlexJobs.com or WeWorkRemotely.com. Searching “jobs with flexible schedules near me” on Google might even yield some opportunities.
Take a look at company career pages on LinkedIn, or inquire within your personal network. Your friends or family may know of a great connection for a remote job.
How to Evaluate a New Remote Job Opportunity
Let’s say you’ve found a listing with potential. How do you know whether it’s a good opportunity to make money from home? Let’s walk through some ways to evaluate job posts.
Start by researching the company’s culture and values. Try to get a clear understanding of the nature of the company’s remote work. You may also want to find out about opportunities for smaller gatherings with other remote employees for professional or social support.
It’s important to find the right fit even when an opportunity is entirely remote. Culture and overall environment can vary a lot between companies even outside the office.
31 Part-time Remote Jobs With Flexible Schedules
Below, we’ve compiled some remote jobs with flexible schedules that are worth considering, as well as passive income ideas. These roles have different degrees of flexibility, salary ranges, and educational requirements.
Job description: Graphic designers help communicate ideas through visual organization and design. They work on a wide variety of projects for customers, such as advertisements, websites, print materials, and more.
Requirements: Typically requires a bachelor’s degree in graphic design as well as a portfolio to showcase past projects.
2. Accountant
National average salary: $79,880
Job growth outlook (2023-2033): 6%
Job description: Accountants analyze, verify, file, and interpret financial records. They prepare and explain financial statements, and develop financial reporting methods. Accountants work with a wide variety of organizations, from individuals and small businesses to large corporations.
Requirements: Usually requires a degree in accounting or a related field. Accountants can also pursue further certification, such as a Certified Public Accountant (CPA). Advanced certifications may improve your chances of finding jobs with flexible schedules.
3. Computer Programmer
National average salary: $99,700
Job growth outlook (2023-2033): -10%
Job description: Computer programmers work software by writing, modifying, and testing code and scripts. They ensure that software meets performance, reliability, and security standards, update existing programs, and check for errors in code. Programmers work in computer systems design and other related industries.
Requirements: Bachelor’s degree is typically required, and you must also be proficient in several programming languages.
4. Drafter
National average salary: $62,530
Job growth outlook (2023-2033): -1%
Job description: Drafters convert rough engineering and architectural designs into precise technical drawings and plans, using software. The same computer-aided drafting (CAD) programs are used by many industries, outlining the dimensions, materials, and procedures for building. If this sounds intriguing, you may want to learn more about trades that make the most money.
Requirements: Typically requires a drafting degree from a community college or technical school.
5. Insurance Underwriter
National average salary: $77,860
Job growth outlook (2023-2033): -4%
Job description: Underwriters evaluate insurance claims, help decide policy coverage and premiums, and analyze risk using mathematical models. They may assess the risks of home, auto, or life insurance.
Requirements: Usually must have a bachelor’s degree to enter the field, though experience may count in this career. Underwriters must pursue certification to advance to more senior positions.
6. Actuary
National average salary: $120,000
Job growth outlook (2023-2033): 22%
Job description: Actuaries use mathematical formulas to analyze risk, including economic costs, for organizations. They collect and compile statistical data, perform risk assessments, and implement plans based on the data collected. Actuaries also use financial theory to determine risk.
Requirements: Requires a bachelor’s degree and a series of assessments for certification at different levels.
7. Data Scientist
National average salary: $108,020
Job growth outlook (2023-2033): 36%
Job description: Data scientists analyze information using specialized tools and techniques to help organizations derive meaning from numbers. They collect and organize data into useful formats and build predictive modeling for organizations. These scientists extract insights with the goal of increasing efficiency in organizations.
Requirements: Generally must have a bachelor’s degree in mathematics or statistics; some organizations require a master’s or doctoral degree.
8. Desktop Publisher
National average salary: $51,290
Job growth outlook (2023-2033): -13%
Job description: Desktop publishers design page layouts for online printed or published items. They review text, graphics, and other materials created by writers and designers, and use computer software to create various documents and products. Desktop publishers also collaborate with design and media professionals such as graphic designers and illustrators.
Requirements: Typically requires a bachelor’s degree.
9. Bookkeeper
National average salary: $47,440
Job growth outlook (2023-2033): -5%
Job description: Bookkeepers keep track of financial records by recording transactions, creating invoices, handling payroll, and balancing the books for a company. They provide up-to-date information about financial transactions for an organization.
Requirements: Some postsecondary education may be required.
10. Public Relations Specialist
National average salary: $66,750
Job growth outlook (2023-2033): 6%
Job description: Develop and maintain a positive public image for their client. Some public relations specialists deliver speeches or plan and execute meetings and events in the community.
Requirements: Typically requires a bachelor’s degree in an area such as communication or business.
11. Marketing Manager
National average salary: $156,580
Job growth outlook (2023-2033): 8%
Job description: Marketing managers plan and execute various programs to drum up interest in a company and its products. This can involve planning promotional campaigns, such as giveaways or contests, or running advertising campaigns on various platforms.
Requirements: Bachelor’s degree required in a related field, such as marketing, advertising, digital media, communication, website/graphic design, or English.
12. Information Clerk
National average salary: $40,540
Job growth outlook (2023-2033): -1%
Job description: Prepares reports, claims, bills, or orders for their company, and gathers and records information from customers.
Requirements: Generally requires a high school diploma and on-the-job training
13. Medical Records Specialist
National average salary: $48,780
Job growth outlook (2023-2033): 9%
Job description: Medical records specialists process and maintain patient records and after visits may also assign clinical codes for patients’ diagnoses, procedures, and services.
Requirements: A certificate or associate degree may be required.
14. Sales Representative
National average salary: $73,080
Job growth outlook (2023-2033): 1%
Job description: Sales reps sell products over the phone. They find customers, use sales techniques on the customer, and develop relationships to drive future sales.
Requirements: May qualify without formal education, but a bachelor’s in finance, business administration, or marketing may be required. Companies may teach you further techniques in cold calling, finding leads, and using sales techniques.
15. Online Tutor
National average salary: $39,580
Job growth outlook (2023-2033): 1%
Job description: Online tutors do the same things as in-person tutors, including meeting with students one-on-one. However, they meet with students on Zoom or another online method instead of in person.
Requirements: Depends on the subject you teach, but clients/students may prefer tutors who list degrees or credentials.
16. Freelance Writer
National average salary: $73,690
Job growth outlook (2023-2033): 3%
Job description: Freelance writers and authors may write for a variety of media and brands: websites, newspapers, magazines, company documents, and more. Many types of companies hire freelance writers instead of hiring in-house. Aspiring freelance writers can jumpstart their career by trying it out as a side hustle.
Requirements: Writers should have a college degree in journalism, English, communications, or a related field.
Job description: Film and video editors work in film production by editing and assembling videos to inform or entertain an audience. They may manipulate footage, dialogue, sound effects, special effects, and more to create video content for a wide variety of sectors.
Requirements: Typically requires a bachelor’s degree in film or broadcasting to work for a company; on a freelance basis, a degree is likely not required.
18. Project Management Specialist
National average salary: $98,580
Job growth outlook (2023-2033): 7%
Job description: A “PM” controls every stage of a project, from planning to helping execute the final steps. They may schedule milestones, put together a budget, and assign duties to individual participants.
Requirements: Typically requires a bachelor’s degree to work for a company.
19. Information Security Analyst
National average salary: $120,360
Job growth outlook (2023-2033): 33%
Job description: Talk about high-paying jobs with flexible schedules — information security analysts fit that mold perfectly. These analysts keep company data safe from breaches and cyber attacks. They create plans to protect information from cyber criminals and assess system vulnerabilities within the organization.
Requirements: Bachelor’s degree in computer science and experience in the field.
20. Recruiter or Human Resources Specialist
National average salary: $67,650
Job growth outlook (2023-2033): 8%
Job description: Recruiters or HR specialists recruit, screen, and interview job candidates. They might also train, handle benefits and compensation, and work with individuals once they become employees. Those who work remotely may handle the screening part of the interview process or recruit remotely.
Requirements: Typically requires a bachelor’s degree in HR, business, or a related field.
21. Market Research Analyst
National average salary: $74,680
Job growth outlook (2023-2033): 8%
Job description: Market research analysts gather information about consumers and competitors and draw conclusions based on their research to help make decisions about the viability of products or services. They help companies understand the products people want, the demographics of the consumers buying them, and the optimal cost of an item.
Requirements: Bachelor’s degree in statistics, marketing, or a related field. Some employers may require candidates to have a master’s degree.
22. Freelance Editor
National average salary: $75,020 per year
Job growth outlook (2023-2033): -2%
Job description: Editors can work for organizations in many sectors. They may plan and edit content, conduct research, rewrite work, fact check, copy edit, proofread, and more.
Requirements: Typically requires a bachelor’s degree in communications, journalism, or English, as well as writing and proofreading experience.
23. Virtual Assistant
National average salary: $54,496
Job growth outlook (2024-2034): 24%
Job description: Virtual assistants can work for any type of company that requires administrative or clerical work. For example, they may schedule appointments, make phone calls, arrange travel, or manage emails.
Requirements: No degree is required but candidates may need to specialize in a specific area; must have a strong internet connection and an ability to communicate on online platforms.
24. Remote Trader
National average salary: $76,900
Job growth outlook (2023-2033): 7%
Job description: Remote traders handle financial investments, such as stocks, bonds, and other securities on behalf of clients. Traders must have deep knowledge of the stock market to analyze, buy, and sell investments on behalf of clients. Remote traders, who work for themselves and with their own cash, are also called “day traders.”
Requirements: Typically requires a bachelor’s degree to work for a company. If you work for yourself, no degree is required. Must have knowledge of the stock market and trading.
25. Search Engine Optimization Analyst
National average salary: $54,688
Job growth outlook (2021-2031): 19%
Job description: Search engine optimization (SEO) managers coordinate a company’s or business’s SEO strategy — that is, what will drive a website or piece of content to the first page of Google results. They may handle marketing, analysis, content, link building, and keyword strategy.
Requirements: Bachelor’s degree and/or related experience
26. Fundraiser
National average salary: $64,160
Job growth outlook (2023-2033): 6%
Job description: Fundraisers organize events and run campaigns to raise money, typically for nonprofit organizations. Fundraising might not seem as if it’s the best choice for introverted employees. However, a lot of emails exchange hands, and it’s still possible to do the job well even if you’re not the most outgoing individual on your team.
Requirements: A bachelor’s degree is typically required, with strong communication skills — but not necessarily verbal skills.
27. Telemedicine Radiologist
National average salary: $353,960
Job growth outlook (2023-2033): 4%
Job description: Radiologists diagnose injuries and diseases using medical imaging like X-rays, computed tomography (CT) scans, magnetic resonance imaging (MRI) scans, nuclear medicine, positron emission tomography (PET), and ultrasounds. Telemedicine radiologists do all this via computer.
Requirements: Requires a medical degree and a residency in radiology as well as successful completion of certification exams through the American Board of Radiology.
28. Telemedicine Family Doctor
National average salary: $240,790
Job growth outlook (2023-2033): 4%
Job description: Some family physicians offer telemedicine-only options. The position might involve the same type of medicine as a regular doctor’s office, except physicians diagnose mild symptoms only and refer patients to other specialists. If you’re a doctor who finds a regular clinical setting to be too taxing as an introvert, a telemedicine option might be right for you.
Requirements: Requires a medical degree.
29. Telemedicine Psychologist
National average salary: $92,740
Job growth outlook (2023-2033): 7%
Job description: Psychologists observe and help patients cope with cognitive, emotional, and social problems and behaviors. They also help manage illnesses and supervise patient assessments with the overall goal of achieving wellness. Telemedicine psychologists interact with patients via Zoom or similar platforms.
Requirements: Typically requires a doctoral degree in psychology.
30. Medical Transcriptionist
National average salary: $37,060
Job growth outlook (2023-2033): -5%
Job description: Medical transcriptionists convert voice recordings from physicians and other healthcare workers into reports that medical professionals can use.
Requirements: Postsecondary education certificate is required as well as basic medical knowledge.
31. Health Education Specialist
National average salary: $62,860
Job growth outlook (2023-2033): 7%
Job description: Health education specialists help individuals and communities attain health and well-being by delivering plans to achieve specific goals or implement goals prescribed by doctors and other professionals.
Requirements: You typically need to earn at least a bachelor’s degree.
Introverts can find a wide variety of remote jobs with flexible schedules. Whether you prefer a second gig or a full-time job, you’ll find great ideas on our list. Some roles require specific skills or personality traits, such as bookkeeper, sales rep, drafter, or public relations specialist. Others are open to anyone willing to stick it out through the learning curve period, like data entry, medical coder, online tutor, video editor, or fundraiser. Jobs requiring advanced degrees are intended for current practitioners who are unfulfilled in a typical office setting.
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FAQ
Is remote work good for introverts?
Yes, remote jobs can be good for antisocial people or just shy introverts. Still, it’s important to cast a wide net — including part-time jobs with flexible schedules — to find a role that aligns with your needs and preferences.
What jobs will allow me to work remotely?
The best remote jobs with flexible schedules don’t fall into just one category. Almost every industry offers some remote work options. The right job for you depends on your education, experience, personality, and career goals. Start with what you want to do, and then look for remote opportunities.
What is the best job for a shy person?
There’s no one best job that will fit any shy person, just as there’s no one perfect job that will fit any outgoing person. There are many work-from-home jobs with flexible schedules that introverted people may want to consider. Consider researching online, and contacting people you know about their positions before you make a decision.
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SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
A four-year college degree is a minimum requirement for many jobs, and more education can translate to higher earnings. It’s possible, however, to find jobs that make good money without college.
When comparing good jobs you can get without college experience, it’s helpful to consider earning potential and the skills you might need.
• Many high-paying jobs don’t require a college degree, offering opportunities in fields like healthcare, transportation, and law enforcement.
• Technical education, military training, or on-the-job experience can substitute for a degree in some industries.
• Jobs such as air traffic controller, dental hygienist, and radiation therapist offer solid earning potential without a four-year degree.
• Some roles, like commercial diver and court reporter, provide flexibility and freelance opportunities.
• Consider industry demands, skills, and potential trade-offs when seeking good-paying jobs without a college degree.
Definition of a Good-Paying Job
There is no standard benchmark for what constitutes a good-paying job. According to the Bureau of Labor Statistics (BLS), the average annual wage in October 2024 was $60,580. That’s across all occupations, regardless of education level.
Whether that’s a good-paying job for you depends partly on your lifestyle. Some people can live comfortably on $60,000 or less, while others might struggle. A single person living in an area with a low cost of living may feel rich. But someone supporting a spouse and children in a high-rent area could easily disagree.
Jobs that don’t require college can pay more or less than $100,000, depending on the industry. (A spending app can help you stay on top of your financial situation once you the paychecks start rolling in.) But perhaps a better question is what kind of trade-offs are involved in working a good-paying job, in terms of time commitment and flexibility.
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Good-Paying Jobs vs Highest-Paying Jobs
The highest-paying jobs have a median pay of around $200,000 a year, according to the BLS. People who work in the highest-paying jobs may require advanced education, certifications, or specific job skills.
Does that mean good-paying jobs aren’t worth considering? Not at all. The highest-paying jobs can also be some of the most stressful jobs. Many of the highest-paying jobs are in the healthcare field, which can require long hours, dealing with emotional or mental stress, and working in potentially hazardous surroundings.
Good-paying jobs can still pay the bills, even if you don’t make a $100,000 salary. And the job itself may be less stressful and allow for more work-life balance, which some people prefer over a bigger paycheck.
Pros and Cons of Jobs That Don’t Require a College Degree
As with all jobs, better paying ones have advantages and disadvantages. Whether it makes sense for you to consider jobs that make good money without college can depend on your financial and career goals.
Here are some of the main pros and cons to weigh when deciding whether to pursue a good-paying job and forgo college.
Pros
Cons
Avoid the potentially high costs associated with a four-year degree
Some employers are reluctant to hire candidates who don’t have a degree
Finding good jobs without a college degree is often difficult because many employers have come to expect that job candidates will have a bachelor’s degree at a minimum. Additionally, many professions require four-year college degrees to be considered for entry-level positions.
There are lots of jobs you can get without a degree, or with an associate degree, but they may not pay as well as jobs that do require higher education. A college degree can make you a more attractive candidate for a position because it demonstrates to employers that you’ve taken steps to prepare for a successful career.
Does a four-year college degree or higher guarantee that you’ll be successful or make a lot of money? No, and some industries that require a degree pay very little. That’s another reason to consider good jobs that pay well without college being a requirement.
Tips for Finding Jobs Without a College Degree
If you’re interested in getting good-paying jobs without college, it’s important to do your homework. Specifically, it’s helpful to understand:
• Which industries or career fields generally require a degree and which ones don’t
• What skills, experience, or expertise may be substituted for a college degree when searching for good-paying jobs in specific industries
• Whether it may be to your advantage to get an associate degree or a postsecondary non-degree certification
• What is competitive pay for any good-paying jobs you’re interested in, based on industry standards and trends
You should also consider the types of jobs you’re interested in. If you’d like to do something hands-on, for instance, then you may be curious about what trade makes the most money and whether you’ll need an associate degree to enter that field.
Or if you’re the introverted type, you might be focused on finding the best paying jobs for antisocial people that don’t require a degree.
Wondering which jobs pay the most without a college degree? We analyzed BLS data to find good-paying jobs that don’t need a four-year degree and compiled the following list based on:
• Median annual pay
• Minimum education level required (high school diploma or equivalent, postsecondary non-degree award, or associate degree)
• Expected job growth through 2033
Read on for 25 good-paying jobs you can get without college.
1. Makeup Artist, Theatrical and Performance
Median pay: $68,590/year
Job growth outlook: 9%
Job description: Makeup artists apply cosmetic and special-effects makeup to performers in theatrical and other entertainment settings.
Job duties and requirements:
• Create and apply makeup looks to performers
• Complete touch-ups as needed to keep makeup looking fresh throughout the performance
• Postsecondary non-degree award is usually required
How to get started: Makeup artists may attend cosmetology school or earn professional certifications in makeup artistry before applying for jobs. Some artists, however, are self-taught and start their careers by showcasing their makeup skills on TikTok or other social media.
Pros:
• Makeup artists can make excellent money without a college degree
• This is a highly creative job that often involves meeting new people
• Makeup artistry can offer flexible hours and opportunities to travel
Cons:
• Higher pay isn’t guaranteed
• Work environments can sometimes be harsh, and artists may be subject to criticism
• Not ideal for people who aren’t comfortable in a fast-paced work environment
2. Commercial Pilot
Median pay: $171,210/year
Job growth outlook: 5%
Job description: Commercial pilots fly planes and other aircraft, and can work for major airlines, charter companies, or private individuals.
Job duties and requirements:
• Operate flight equipment to safely transport cargo or passengers
• Check the condition of the aircraft prior to takeoff
• Associate degree and on-the-job training may suffice for pilots who don’t plan to fly for major airlines
How to get started: Flight training and FAA certification are essential for commercial pilots. On-the-job training may be substituted for an associate or a bachelor’s degree.
Pros:
• Commercial pilots can make a lot of money, even without a degree
• Pilot jobs offer opportunities to travel to new places
• Work can be flexible
Cons:
• Requires extensive flight and on-the-job training
• Flying for a living is generally a higher-risk occupation
• Private pilots may have to contend with demanding clients
3. Air Traffic Controller
Median pay: $137,380/year
Job growth outlook: 3%
Job description: Air traffic controllers help to guide aircraft from one destination to another. They can work at major airports or smaller airfields.
Job duties and requirements:
• Monitor the movement of aircraft in the air and on the ground
• Communicate with pilots during takeoff, while in-flight, and during the landing
• Sufficient work experience and on-the-job training
How to get started: If you’re interested in becoming an air traffic controller, you’ll need to first meet the minimum requirements. Typically, that means at least three years of work experience, a mix of work experience and education, or training through an FAA-approved program.
Pros:
• Air traffic control jobs can pay exceptionally well
• A college degree isn’t always required if you have appropriate work experience or training
• Job growth is not spectacular but demand is expected to hold steady
Cons:
• High-pressure job
• May require working long hours, including weekends and holidays
• Room for advancement may be limited
4. Nuclear Technician
Median pay: $101,740/year
Job growth outlook: -6%
Job description: Nuclear technicians work in nuclear facilities to assist physicists, engineers, and professionals in maintaining those facilities and conducting nuclear research.
Job duties and requirements:
• Monitor nuclear facility equipment
• Measure levels of radiation and collecting air, soil, and water samples to test for contamination
• Associate degree or equivalent military service
How to get started: Anyone interested in working as a nuclear technician may first want to obtain an associate degree in nuclear science or a related field. Job applicants may be able to substitute military experience for an associate degree if they had nuclear training while enlisted.
Pros:
• Nuclear technicians can be compensated well for their time and skills
• An advanced science degree is not necessarily a requirement
• Nuclear tech jobs may offer opportunities to work independently
Cons:
• Working in a nuclear facility is generally a high-risk job
• Job outlook is declining, which means there may be fewer nuclear technician jobs to go around in the future
• Advancement opportunities may be limited without a higher degree
5. First-Line Supervisor of Police and Detectives
Median pay: $101,750/year
Job growth outlook: 4%
Job description: First-line supervisors are responsible for overseeing the conduct of subordinate officers, managing investigations, and ensuring that all law enforcement protocols are properly applied.
Job duties and requirements:
• Assist in criminal investigations as needed
• Manage daily operations of police and detective personnel
• High school diploma or equivalent
How to get started: Becoming a first-line supervisor begins with completing the necessary training to become a police officer. That usually means attending the police academy. Once hired as a rookie officer, individuals can work their way up the ranks to a supervisory position.
Pros:
• First-Line supervisors can earn a salary that’s close to six figures
• High school education may be enough to get started in a law enforcement career
• It can take years to work your way up to a supervisor position
• Police work in general tends to be a dangerous profession
6. Transportation, Storage, and Distribution Manager
Median pay: $99,200/year
Job growth outlook: 9%
Job description: Managers are responsible for planning and coordinating transportation, storage, and distribution services or activities. Logistics manager is one job title that can fall under this occupational heading.
Job duties and requirements:
• Oversee and organize operations related to the transportation, storage, and distribution of movable goods or commodities
• Ensure that all activities are completed in accordance with local, state, and federal law
• High school diploma or equivalent, plus relevant work experience
How to get started: Since this is a managerial role, it’s generally necessary to start off in an entry-level position in the transportation, storage, and distribution industry. On-the-job training and experience, as well as time on the job, can be key in earning advancement with this type of job.
Pros:
• Suitable for organized and detail-oriented individuals
• Well-above-average earning potential
• Industry is experiencing above-average job growth
Cons:
• May require long working hours
• Can be a high-pressure job
• Certain aspects may be more challenging, including working with a wide range of customers
7. Elevator and Escalator Installer and Repairer
Median pay: $102,420/year
Job growth outlook: 6%
Job description: Elevator and escalator installers and repairers assist with the installation, maintenance, and repair of elevator and escalator systems in commercial and residential properties.
Job duties and requirements:
• Develop and implement plans for elevator or escalator installation
• Maintain, service, and repair elevator and escalator equipment
• High school diploma or equivalent
How to get started: The typical path to becoming an elevator and escalator installer and repairer begins with completing an apprenticeship. Apprentices may join a program approved by a union or trade industry to learn the necessary skills.
Pros:
• No advanced degree needed to get started
• Great earning potential for high school grads who are interested in a hands-on technical job
• While job growth is slower than for other occupations, there continues to be high demand for workers with these skills
Cons:
• May need to work on-call, which can complicate work-life balance
• Elevator installers and repairers generally need to be comfortable working in close or cramped conditions
• The work can sometimes be hazardous
8. Power Plant Operator, Distributors, and Dispatchers
Median pay: $100,890/year
Job growth outlook: -8%
Job description: Power plant operators, distributors, and dispatchers oversee systems that generate and distribute electric power. Nuclear power reactor workers can also fall within this job category.
Job duties and requirements:
• Control and maintain equipment that’s used in power generation
• Routinely conduct safety checks to ensure equipment is functioning properly
• High school diploma or equivalent and on-the-job work experience
How to get started: A college degree is not required to work as a power plant operator, though it may benefit you to have an educational background in engineering or a related field. This job emphasizes extensive on-the-job training, though it’s possible you may need to obtain certain professional certifications for career advancement.
Pros:
• No degree is needed to qualify for this job
• Much of what you need to know can be learned on the job
• Power plant operators earn a competitive salary
Cons:
• Can involve hazardous working conditions
• May require working long hours or on-call
• Job growth is on the decline as use of renewable energy increases
9. Radiation Therapist
Median pay: $98,300/year
Job growth outlook: 3%
Job description: Radiation therapists administer radiation to people being treated for cancer and may work hand-in-hand with medical dosimetrists, medical physicists, and oncology nurses.
Job duties and requirements:
• Explain treatments to patients and answer any questions they might have
• Administer doses of radiation in a safe environment and at the levels specified by the patient’s treatment plan
• Associate degree or certificate program
How to get started: If you’re interested in a career in radiation therapy, you may need an associate degree in nursing or a certificate in nursing to qualify. State law may also require you to be licensed or certified and complete ongoing education requirements.
Pros:
• Earning potential is solid, and there may be room for advancement
• Demand for radiation therapists appears to be holding steady
• Good for people with strong soft skills
Cons:
• May require working long hours
• Can involve a lot of standing
• Working with people who are severely ill can take a toll emotionally and mentally
10. Subway and Streetcar Operator
Median pay: $84,270/year
Job growth outlook: 4%
Job description: Subway and streetcar operators are responsible for the safe operation of subway trains, streetcars, and similar methods of transportation in compliance with local, state, and federal laws.
Job duties and requirements:
• Operate subway or elevated trains or streetcars to convey passengers from one location to another
• Some subway or streetcar operators may be charged with collecting fares
• High school diploma or equivalent and on-the-job experience
How to get started: You’ll need a high school diploma or GED to apply for subway or streetcar operator jobs. That’s typically sufficient to get most entry-level positions and from that point on, you’ll largely learn what you need to know to do the job through hands-on training and experience.
Pros:
• Pay scale is great for a job with no degree
• Not required to sit at a desk all day
• Working hours may be flexible
Cons:
• May involve dealing directly with the public
• There is some risk, as subway and streetcar accidents can happen
• No hard physical labor but may be mentally and emotionally draining
11. Signal and Track Switch Repairer
Median pay: $82,710/year
Job growth outlook: 2%
Job description: Signal and track switch repairers are responsible for keeping track switch systems used on rail lines functioning properly. They primarily work within the railroad system, though they may also be employed by state and local government agencies.
Job duties and requirements:
• Install and inspect track switches and signal equipment
• Test, maintain, and repair gate crossings along railroad lines
• High school diploma or equivalent and on-the-job training
How to get started: Getting an associate degree in electrical repair could give you an edge if you’re interested in getting hired as a signal and track switch repairer. However, it’s possible to break into this field with just a high school diploma because much of what the job requires is learned in a hands-on way. Completing an apprenticeship with an electrician could also be helpful.
Pros:
• No degree is required to enter this industry, though it’s something to consider
• Room for advancement
• Above-average pay
Cons:
• Generally requires good communication skills
• Work has the potential to be hazardous
• May require working on-call hours or long shifts
12. Postmaster and Mail Superintendent
Median pay: $88,670/year
Job growth outlook: -3%
Job description: Postmasters and mail superintendents oversee the operation of postal service branches and offices. This is technically not a federal job, but postal workers are entitled to the same benefits as federal employees.
Job duties and requirements:
• Plan, direct, and coordinate administrative, operational, management, and support services at U.S. post office locations
• Oversee the activities of employees working at post office branches
• High school diploma or equivalent and on-the-job training
How to get started: If you’re interested in postal service jobs, you can apply for them online through the post office website. You’ll need to complete the Postal Battery Exam, but no degree or prior experience is required in order to get hired. This could be a good way to continue working after retirement.
Pros:
• Room for advancement
• Competitive pay and great benefits, including paid leave and health insurance
• Full-time postmasters generally have weekends off
Cons:
• Seasonality can make this job more hectic at certain times of the year
• May involve dealing with the public from time to time
• Job growth is on a slight decline, though there continues to be demand for postal workers
13. First-Line Supervisor of Firefighting and Prevention Workers
Median pay: $86,220/year
Job growth outlook: 4%
Job description: First-line supervisors oversee the activities of firefighting and prevention workers. They’re responsible for coordinating the operation of fire departments and may be referred to as a fire chief or fire captain.
Job duties and requirements:
• Respond to fire calls and assign firefighters specific tasks to extinguish fires and rescue persons who may be trapped in affected buildings
• Assess fire damage and write reports summarizing fire calls
• Postsecondary non-degree certificate and on-the-job training
How to get started: A high school diploma may be sufficient to apply for a firefighter job, though it may benefit you to earn a degree in fire science if you’re hoping to obtain a managerial or supervisory role. You’ll need to be physically fit, attend fire academy, and complete a written exam as part of the application process.
Pros:
• Opportunity to give back to your local community and do work that’s rewarding
• Solid earning potential with room for advancement
• Firefighting jobs include a solid employee benefits package
Cons:
• Can involve working long hours and on-call hours, which can make achieving work-life balance difficult
• Job may be physically demanding
• Firefighting can also be mentally and emotionally taxing
14. Dental Hygienist
Median pay: $87,530/year
Job growth outlook: 9%
Job description: Dental hygienists typically work in dental offices and perform basic preventative care for patients, including visual exams and cleanings. They may work on a part-time or full-time basis.
Job duties and requirements:
• Perform dental cleanings and take X-rays
• Educate patients on proper dental hygiene techniques
• Associate’s degree and licensing, when required by the state
How to get started: High school graduates who have taken courses in health or science may have a good framework for pursuing an associate degree in dental hygiene or enrolling in a dental hygiene training program. Licensing and certification may be required by the state before you can work in a dentist’s office.
Pros:
• May offer the flexibility of part-time or full-time work
• Potentially a great job for people who enjoy interacting with others
• Dental hygienists typically have nights and weekends off
Cons:
• Some patients may be more challenging to work with than others
• May require lots of standing and bending, which can take a toll physically
• Training and licensing can take time and money to complete
15. Police Officer and Detective
Median pay: $74,910/year
Job growth outlook: 4%
Job description: Police officers enforce the law and protect people and property. Detectives investigate crimes, which can include collecting evidence, interviewing witnesses and potential suspects, and testifying in criminal court cases.
Job duties and requirements:
• Police officers respond to emergency and non-emergency calls, patrol assigned areas, make arrests, and execute search warrants
• Detectives investigate crimes in order to identify victims and suspects, and collect evidence for cases that may be referred for prosecution
• High school diploma or equivalent and on-the-job training
How to get started: A high school diploma may be all you need to apply for police officer training at a local accredited academy. Some departments may require an associate or bachelor’s degree. You’ll need to be physically fit and successfully complete a psychological evaluation.
Pros:
• Opportunity to serve in your local community and give back
• Room for advancement, particularly if you’re interested in detective work or a supervisory role
• Opportunities for specialization if you’re interested in becoming a game warden or eventually pursuing a career in federal law enforcement
Cons:
• Entry-level pay may be on the lower end
• While a degree is not necessarily required, getting hired can be a rigorous process
• Work involved can be mentally, emotionally, and physically taxing, and in some cases dangerous
16. Aircraft and Avionics Equipment Mechanic and Technician
Median pay: $75,400/year
Job growth outlook: 5%
Job description: Aircraft and avionics equipment mechanics and technicians maintain and repair aircraft. They can work at airports, repair stations, or hangars, and some may have previous experience serving planes in the military.
Job duties and requirements:
• Diagnose mechanical or electrical problems with aircraft and make repairs
• Test aircraft instruments to ensure that they’re in good working order
• High school diploma, though an associate’s degree doesn’t hurt
How to get started: People who are interested in working in avionics may be able to enter the field with just a high school diploma, though some employers may look for an associate degree or higher. Technicians may need to complete FAA-approved training.
Pros:
• The work itself might be interesting to someone who’s fascinated with planes or mechanical engineering
• Above-average pay
• Job growth outlook suggests that these jobs will continue to be in demand
Cons:
• Working around airplanes and other aircraft can lead to hearing loss
• FAA certification is required, which can take time to complete
• Work schedules may be less flexible than other jobs
17. Claims Adjuster, Examiner, Appraiser, and Investigator
Median pay: $75,020/year
Job growth outlook: -5%
Job description: Claims adjusters, examiners, appraisers, and investigators handle various aspects of insurance claims filings. They typically work full-time and help insurance companies decide when to pay claims, based on the information they gather.
Job duties and requirements:
• Investigate, evaluate, and settle insurance claims, including determining how much an insurer should pay
• Review claims information to look for signs of insurance fraud
• High school diploma or equivalent
How to get started: If you’re interested in insurance jobs, the path you follow can depend on what type of role you’re interested in. If you’d like to be an appraiser, for instance, you might complete a postsecondary non-degree award program and gain experience by working in an auto body shop.
Pros:
• While job growth is expected to decline, demand for adjusters and related roles is set to rise as currently employed professionals age into retirement
• Depending on which role you’re interested in, your work may take you outside the office versus keeping you at a desk all day
• Work may be interesting for people who have an inquisitive nature
Cons:
• Gathering information and writing reports can be tedious
• A bachelor’s degree may be required for certain jobs
• Work schedules may be less flexible than other jobs
18. Fire Inspector
Median pay: $71,420/year
Job growth outlook: 6%
Job description: Fire inspectors are responsible for visiting commercial and residential buildings and ensuring that they’re observing proper fire safety protocol. They can also specialize in fire prevention education or forest fire management.
Job duties and requirements:
• Inspect buildings to look for fire hazards and ensure that structures are aligned with local, state, and federal fire codes
• Review building plans with developers to ensure that new construction meets fire code standards
• High school diploma or equivalent and previous experience as a firefighter
How to get started: Typically, fire inspectors first work as firefighters, though that isn’t necessarily a requirement for candidates who have other suitable education or training. A high school diploma may be sufficient for the job, though it may benefit you to earn a degree in fire science or attend a fire academy.
Pros:
• Fire inspection is typically less hazardous than firefighting
• Above-average pay with room for higher earnings if you decide to complete a degree program
• Can be a rewarding job for people who want to do work that serves the public good
Cons:
• Previous experience as a firefighter may be a requirement to get hired
• Working hours may be long and irregular
• Fire inspectors may potentially be exposed to hazardous materials or substances during the course of their work
19. Water Transportation Worker
Median pay: $64,930/year
Job growth outlook: 3%
Job description: Water transportation workers operate vessels that transport goods or people over bodies of water. Ferry operators, barge operators, and ship captains are all examples of water transportation workers.
Job duties and requirements:
• Operate and maintain marine vessels in accordance with local, state, and federal laws
• Ensure the safety of people or cargo on board marine vessels
• High school diploma or equivalent and relevant work experience
How to get started: There are different requirements for each type of water transportation role. Sailors, for instance, typically don’t need formal education, but you might need Coast Guard-approved training to captain a ship or helm a barge. Certain water transport workers may need to obtain Merchant Mariner credentials or Transportation Worker Identification credentials.
Pros:
• Water transport jobs may appeal to people who love being on open water or want to work outdoors
• A bachelor’s degree isn’t always necessary but it could lead to higher earnings and promotions
• More new openings are expected over the next decade as existing water transport workers retire
Cons:
• Work schedule may be highly irregular and require you to spend extended periods of time away from home
• Work hours may be long, with little time for breaks
• Operating marine vessels can be a hazardous occupation
20. Electrical and Electronics Installer and Repairer
Median pay: $67,220/year
Job growth outlook: 1%
Job description: Electrical and electronics installers get paid to install and repair electrical or electronic equipment. They may work in repair shops or factories and usually work on a full-time basis.
Job duties and requirements:
• Inspect and test equipment to diagnose potential issues
• Disassemble, reassemble, clean, and repair equipment
• Training and education at the trade school level
How to get started: Electrical and electronics installers and repairers are typically expected to complete a training program through a trade, vocational, or technical school. Hands-on training, either through a school program or apprenticeship, can also be highly useful when seeking these types of jobs.
Pros:
• No bachelor’s degree required
• Could be ideal for people who enjoy hands-on work
• Licensing and certification may not be required, but it could help to open up opportunities for advancement or higher earnings
Cons:
• Job growth is stable but not spectacular
• Working around electricity and electronics is not a risk-free job
• Can be a physical job that requires lots of standing, squatting, bending, and lifting
21. Occupational Therapy Assistant and Aide
Median pay: $65,450/year
Job growth outlook: 21%
Job description: Occupational therapy assistants and aids work in healthcare settings, including hospitals, doctor’s offices, and nursing care facilities. They help patients to develop necessary skills for daily living and working.
Job duties and requirements:
• Occupational therapy assistants provide therapy services to patients
• Occupational therapy aides provide support services to occupational therapy assistants
• High school diploma for aides; associate degree for assistants
How to get started: If you’re interested in becoming an occupational therapy assistant aide, then a high school diploma may be all you need. You could pursue an associate degree if you’d like to advance into an occupational therapy assistant role. Certifications in CPR and basic life support may also be required for these types of jobs.
Pros:
• One of the fastest-growing jobs in healthcare with excellent demand for qualified candidates
• Great earnings potential for people with a high school diploma
• May allow for travel or flexible work schedules
Cons:
• Can be a physically demanding job
• Flexible working hours are not always guaranteed, and you may need to work nights or weekends
• Certain patients may be more challenging to care for than others
22. Court Reporter and Simultaneous Captioner
Median pay: $63,940/year
Job growth outlook: 2%
Job description: Court reporters transcribe official court proceedings, including trial proceedings, hearings, and depositions. Simultaneous captioners provide transcription services for video recordings that require closed captioning.
Job duties and requirements:
• Court reporters attend court proceedings and transcribe the details word-for-word
• Captioners transcribe dialogue for video recordings, including television shows and films, that are used to create captions for viewers
• Certificate or associate degree
How to get started: Becoming a court reporter or captioner may start with completing a certificate or associate degree program at an accredited trade school. Court reporters may need to complete additional training to learn how to use transcription software. States may require certification or licensing for court reporters and captioners.
Pros:
• Good-paying job for people without a four-year degree
• Opportunities exist to do court transcription or captioning work on a freelance basis
• While job growth is steady, rather than fast, demand is stable overall
Cons:
• Work may involve sitting for long periods of time
• Working hours may be long and might necessitate taking work home with you
• Could be stressful as there’s no room for errors or mistakes
23. Telecommunications Equipment Installer and Repairer
Median pay: $62,350/year
Job growth outlook: -3%
Job description: Telecommunications and equipment installers and repairers are responsible for installing, maintaining, and repairing telecommunications equipment, including phone lines, cable lines, and wireless communication equipment.
Job duties and requirements:
• Install telecommunications equipment in commercial and residential structures
• Inspect, service, and repair telecommunications equipment
• Certificate or associate degree
How to get started: Telecom equipment installation and repair jobs typically require some form of education beyond high school. Depending on the employer, that might mean a certificate or associate degree. Once hired, you can expect to complete on-the-job training.
Pros:
• May involve travel or working in different settings, which is great for people who get bored easily
• Salaries are above-average, with room to advance and increase earnings
• Affords opportunities to meet new people and flex your problem-solving skills
Cons:
• Average salaries are not as high as what you might get with other good-paying jobs that don’t require college
• Additional education may be required for certain jobs
• This kind of work has the potential be dangerous; for example, there is a risk of falls associated with servicing cell phone towers
24. Commercial Diver
Median pay: $61,300/year
Job growth outlook: 8%
Job description: Commercial divers can work in a number of capacities, but generally they’re paid to use their scuba skills. For example, divers employed by the oil and gas industry may be charged with inspecting underwater drilling structures to check for damage or structural issues.
Job duties and requirements:
• Some commercial divers are paid to inspect and repair underwater structures and equipment
• Other commercial divers may earn a living by photographing marine life
• Postsecondary non-degree award and scuba training
How to get started: Becoming a commercial diver starts with deciding what type of work you want to do. For instance, if you want to get paid to photograph marine life, then you may want to complete a photography certificate program at an accredited school. If you’re interested in using your diving skills to repair underwater structures, then you may need to learn a specialized skill like welding.
Pros:
• Diving for a living can be a fun job for people who like being in the water
• Advanced education or training may not be a requirement for entry-level jobs
• Diving jobs can offer flexibility and great earning potential
Cons:
• Can be physically demanding
• Work may not always be steady or consistent if you’re hired as a contract worker. Use a money tracker app to manage your income and budgets between paychecks.
• Diving is an inherently dangerous activity
25. Drafter
Median pay: $62,530/year
Job growth outlook: -1%
Job description: Drafters use software programs to convert engineering and architectural designs into technical drawings. They may work in a variety of fields, including architecture, engineering, manufacturing, and construction. This could be a lucrative work-at-home job for retirees.
Job duties and requirements:
• Use Computer Aided Design (CAD) software to design plans, working from sketches done by architects or engineers
• Specify dimensions and materials for new building projects
• Certificate, diploma, or associate degree
How to get started: Drafters may continue their high school education by attending a trade school to obtain a certificate or associate degree. They may also opt to obtain certifications in their field, though that isn’t always necessary to get hired.
Pros:
• Drafting may be a good career for someone who’s artistic or creative
• Getting certification or earning a four-year degree could boost your earning potential
• Job growth is projected to slow but there will still be demand for drafters as current employees retire
Cons:
• Requires exceptional attention to detail with no room for error
• Economic disruptions, such as recessions, may reduce demand for drafters if construction slows
• Certain aspects of the job can be repetitive or tedious
Finding a good paying job without college is possible. Some require technical education, military training, or on-the-job experience. Industries that welcome high school grads include transportation, law enforcement, power plants, telecoms, the postal service, and healthcare. Perks can include the opportunity to travel and flexible hours. Some jobs pay more than $100K.
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FAQ
What good jobs can you get if you don’t go to college?
Some good-paying jobs you can get without college include air traffic controller, law enforcement, and certain healthcare roles. Trade jobs and jobs in transportation can also pay well and don’t necessarily require a college degree.
How can I get 6 figures without going to college?
If you’re interested in making six figures without a college degree, you’ll need to either find a good-paying job or start a successful business. It’s possible to make six figures online as a freelance writer or blogger, if you have good writing skills and are motivated to grow your business.
How do people make a living without a college degree?
Plenty of people make a living without a college degree by using their skills and experience to land good-paying jobs. Others can earn a good living, including making six figures a year, by starting their own business, which doesn’t necessarily require a degree.
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Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
When people are starting a business, it’s likely that they’ll consider the tax benefits of different company structures. In some cases, founders may create a limited liability company (LLC) specifically for its tax benefits.
Here, we’ll delve into the tax benefits of LLCs for business owners, as well as other pros and cons.
Key Points
• LLCs offer flexibility in choosing tax classification, such as sole proprietorship or partnership.
• Pass-through taxation allows LLC income to be taxed once at the individual level, avoiding corporate taxes.
• Members report income and losses on personal tax returns, potentially lowering overall tax liability.
• LLCs can opt for S-Corp taxation, retaining pass-through benefits while potentially reducing self-employment taxes.
• Tax benefits vary by state, so consulting a tax professional is recommended for specific advantages.
What Is an LLC?
An LLC is a type of business structure available in the United States. A kind of hybrid, it combines some characteristics of corporations with others from a partnership or sole proprietorship.
According to the IRS, LLC owners are called “members.” Depending on the state in which you set up the LLC, members may be individual people, other LLCs, or corporations. There is no maximum number of members that a company can have, and most states allow LLCs with just one member. Check your state for specifics.
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Tax Benefits of Forming an LLC
As mentioned above, company founders may choose an LLC structure especially for its tax benefits. Here, we go into detail about what those benefits are.
Limited Liability
An LLC, as its full name implies, provides limited liability to its members. This means that, if the company fails, the owners’ and investors’ private assets are not at risk and can’t be seized to repay company debts.
Flexible Membership
As noted previously, an LLC can have one member or many, and those members can be individuals or companies. This business structure gives owners significant freedom when starting their company.
Management Structure Options
LLCs can be managed by a member (owner) or by a hired manager. A member-managed LLC may be chosen if the company has limited resources or few members. An owner may select a member with management experience to oversee the business, or they may want all members to actively participate in the company’s operations.
A hired manager is someone who is not a member but has the appropriate experience and skill sets to run the LLC. An accountant or financial advisor can go into detail about the tax benefits of member-manager vs. hired manager approaches. (Here’s what to know if you’re filing taxes for the first time.)
Pass-Through Taxation
LLC member-owners have some control over how their business will be taxed. If there is only one member, it will automatically be treated like a sole proprietorship, and if there is more than one, like a partnership. In those cases, business income will pass through the business to the member-owners, and they’ll only get taxed once. Members will report income and losses on their personal tax returns, while the LLC itself is not taxed. (Learn how business income differs from other types of income.)
Because income and losses are reported as part of members’ personal financial pictures at tax time, taxes will be owed at each member’s personal tax rate.
Alternatively, the LLC owners may decide to be taxed as a corporation. If they choose an S-Corp structure, pass-through taxation still applies.
When someone opens an LLC, it shows that they’ve gone beyond just hanging a shingle. Instead, they went through the decision making and paper filing processes involved in setting up the LLC.
Limited Compliance Requirements
According to the U.S. Small Business Association (SBA), another form of business structure — the corporation — has the strictest requirements. In contrast, LLCs have some but fewer.
In general, an LLC should maintain a current operating agreement, hold annual meetings, ensure that they have appropriate shares recorded for each member, and keep records if membership interests transfer. (Find out if you can use a personal checking account for your business.)
Disadvantages of Creating an LLC
So far, the LLC sounds like the ideal low-maintenance company structure. However, there are several caveats to be aware of.
Cost
Forming an LLC can cost a few hundred dollars, which may be more than what a small business wants to spend. (An online budget planner can help business owners set budgets and track spending.) The company will also need to file annual reports along with annual fees and taxes. These taxes and fees may cost a miniscule amount or several hundred dollars annually.
No Stock Ownership
When a corporation wants to raise funds, they sometimes issue shares of stock. An LLC cannot issue stock.
Some states may require that an LLC be dissolved if there is a change in ownership. If the people starting the business expect to take in outside investors over the years, a corporation might be a better choice.
How to Form an LLC
Once you’ve decided to start an LLC, you’ll want to choose and reserve a company name that doesn’t conflict with currently existing ones. Typically, an LLC must have what’s called a registered agent — someone who will handle official documents for the company.
Then, you’ll need to document the nuts and bolts of the operating agreement that describes the structure of the company. This can include who owns what portion of the company and who gets to vote on which issues. You’ll detail how profits and losses will be addressed, how the company will be managed, when meetings will be held, and how to handle the business if a member leaves the company or dies. This document should also describe what should happen if the company goes out of business.
How LLCs Are Different From Other Business Entities
An LLC is formed to be a legal entity that’s separate from its owners and is responsible for its business debts. Here’s how an LLC differs from other company structures.
LLC vs Sole Proprietorship
Profits in an LLC are only taxed once because of the pass-through taxation structure. This is reported on and addressed through owners’ personal tax returns by filing a Form 1040, Schedule C, listing profits or losses. As an LLC owner, you may be taxed as a sole proprietor, a partnership, or a corporation.
A sole proprietorship is owned by one person and is the simplest structure available. A sole proprietorship also involves pass-through taxation with the business owner paying taxes on the business’s profit. There isn’t as much flexibility in filing as a sole proprietor as there is with an LLC.
LLC vs S-Corp
An LLC is a business structure. An S-corp, meanwhile, is a tax classification. Many businesses decide to have their LLC taxed as an S-corp. The nuances can be complicated, so it makes sense to consult your personal accountant or other professional before making this decision.
LLC for Rental Property
If you create an LLC to buy rental homes, you’ll have the benefits of no personal liability and pass-through taxation. There can be a flexible ownership structure, personal anonymity, and fairly simple reporting.
However, it may be harder to finance rental property as an LLC. There can also be significant fees to get the LLC up and running. LLCs for rentals can be more complex at tax time, and property transfers can also be more complicated.
How to Choose the Right Business Type
Consider how simple or complex your proposed business will become. Do you plan to basically run the business yourself, or will it ideally turn into something bigger? What kind of legal protections will you need based on your business plans?
Entrepreneurs should also weigh the tax benefits of LLCs and sole proprietorships. The two structures, along with partnerships and S-corps, feature pass-through benefits, meaning that profits are taxed only when they’re paid to the company owner(s). A C-corp, meanwhile, is taxed as a company as well as when shareholder payouts are made.
Consult your accountant or financial advisor for specifics on your situation.
No matter what business structure you choose, it’s important to keep track of your finances. SoFi’s spending app provides you with an easy-to-use online budget planner so you can stay on top of your finances.
The Takeaway
Limited liability companies (LLCs) come with plenty of advantages and a few disadvantages. As its name implies, the owners’ and investors’ private assets are not at risk if the company should struggle financially. Owners of the LLC are referred to as members. Membership may range from one individual to multiple individuals to other companies.
A major benefit is pass-through taxation, where income passes through the company to its members, who report it on their personal taxes. One disadvantage of LLCs for very small businesses is the startup cost and annual fees, which can run to several hundred dollars a year. Consult a professional to find out whether an LLC is the right fit for your business plan.
Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.
See exactly how your money comes and goes at a glance.
FAQ
What are the tax benefits of having an LLC?
With an LLC, you’ll have flexibility in deciding the structure under which your company will be taxed. There are more tax benefits of an LLC, including pass-through taxation, which means you’ll only get taxed once at your individual tax rate.
What are the benefits of a limited liability company?
They can include limited liability, meaning that owners aren’t personally responsible for company debts; flexible structures; pass-through taxation; more credibility; and fewer compliance requirements compared to a corporation.
What is the best tax option for an LLC?
Each situation is unique, so consult your accountant or financial advisor for specifics.
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SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.
Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
You know when you’re an extrovert. So does your employer. If your vibrant personality doesn’t feel like a good fit with your current job, you may want to join the 28% of workers who said they’re likely to quit their job in 2024.
We’ve rounded up dozens of fulfilling jobs that pay well and welcome extroverts. Because sometimes, the grass looks greener elsewhere because it really is.
Key Points
• Extroverts thrive in roles that require frequent interaction, team management, and public recognition.
• High-paying jobs suited for extroverts include CEO, marketing manager, nurse practitioner, dentist, and financial manager.
• Due to their outgoing nature, extroverts tend to earn more, benefiting in interviews and performance-based roles.
• Healthcare, business, technology, and public relations may all offer fulfilling, well-paying opportunities for extroverts.
• Careers ideal for extroverts involve communication, teamwork, and competitive pay, leading to both personal and financial satisfaction.
Are You an Extrovert?
Extroverts are known for their outgoing personalities that are energized by interactions with other people. They often enjoy the spotlight and seek attention. Employees with this type of personality thrive in roles that would be pure misery for antisocial people.
If this sounds familiar, pat yourself on the back: Being an extrovert often gives candidates a leg up in job hunting. Generally speaking, the job seeking process tends to favor extroverted job seekers, who may come across more natural and comfortable in interviews than more reserved candidates.
Extrovert or not, people who are passionate about their jobs often don’t have time for much else. The right financial software can help busy professionals manage their day-to-day finances. SoFi’s money tracker app is the kind of app that keeps any personality type on track. It monitors your credit score, tracks your spending, and helps you set savings goals — for free.
Common Characteristics of Good Extrovert Jobs
The right job can make you feel more fulfilled in and out of the office. Extroverts are wise to look for jobs that offer:
• Interaction with people
• Frequent opportunities for communicating or persuading
Here are some ideas of where you can start looking for fulfilling jobs that pay well. Our criteria in highlighting these jobs were frequent interaction with people, opportunity to manage teams, recognition for good performance, and outlets to express positive energy. And high pay doesn’t hurt.
1. Registered Nurse
Average salary: $86,070
Primary duties: Provide patient care and education. Patients and loved ones really appreciate an extrovert’s positive energy and communication skills.
2. Nurse Practitioner
Average salary: $129,480
Primary duties: Diagnoses and treats illnesses in patients. Like doctors, NPs may order prescriptions and procedures to improve the health of a patient.
3. Physical Therapist
Average salary: $99,710
Primary duties: Helps injured people with pain, mobility, fitness, and overall function. Extroverts may enjoy demonstrating exercises and seeing progress in patients.
4. Physician Assistant
Average salary: $130,020
Primary duties: Practices medicine under the supervision of a licensed doctor. May prescribe medication or diagnostic tests.
5. Surgical Technologists
Average salary: $60,370
Primary duties: Assists with surgeries, prepares the operating room, and organizes equipment. Best for an individual who can calmly assist under pressure.
6. Dentist
Average salary: $170,910
Primary duties: Provide preventative dental and surgical care for oral diseases and tooth decay. Sees many patients every day. Great dentists combine precision technique with the ability to reassure nervous patients. Here’s one job where paying off student loans shouldn’t be a problem.
7. Dental Hygienist
Average salary: $87,530
Primary duties: Under the supervision of a dentist, cleans teeth and helps with preventative oral care and education for patients. As with dentists, a positive, reassuring attitude is key.
8. Medical and Health Services Manager
Average salary: $110,680
Primary duties: Directs medical and health services, including hiring staff, creating work schedules, working with finance managers, and developing goals for a department or organization. Managers need strong egos to take charge and get employees to fall in line. (You might also be interested in Is $100,000 a Good Salary?)
9. Sales Representative
Average salary: $73,080
Primary duties: Sells products and services for businesses. High-energy, extroverted individuals often do well getting people to buy whatever they’re selling. Sales reps who work on commission can earn big bucks.
10. Marketing Manager
Average salary: $156,580
Primary duties: Develops a client base for a business, works on the brand image, oversees creation of marketing materials, and performs market research. Manages teams that implement the vision of the company. Positions range from staff jobs on salary vs. hourly pay for freelancers.
11. Industrial Engineer
Average salary: $99,380
Primary duties: Designs systems that integrate people, resources, equipment, and processes for building products or providing services. Engineers tend to be the center of attention while building systems for an organization.
12. Financial Manager
Average salary: $156,100
Primary duties: Responsible for the financial activities of an organization, including financial reporting, investments, and decisions that drive profitability. Managers oversee teams of people and the financial direction of an organization. (The next best thing to a personal financial manager? This spending app.)
13. Human Resources Manager
Average salary: $136,350
Primary duties: Responsible for the management of an organization’s talent recruitment, training, retention, compensation, benefits, and adherence to state and federal employment law. (These folks help determine entry level salaries.) Dynamic personalities in HR help companies attract high-performing employees to an organization.
14. Chief Executive Officer
Average salary: $206,680
Primary duties: Coordinates, directs, and manages the business activities of a company. Responsible for large groups of people and programs. CEO is typically not a job for introverts, though there are high-profile exceptions to that rule.
15. Real Estate Agent
Average salary: $56,620
Primary duties: Assists with the buying and selling of real estate. Advises clients throughout the process, on pricing, marketing, contracts, financing, and negotiation. Charismatic agents can make very competitive pay.
16. Police Officer
Average salary: $74,910
Primary duties: Protects life and property, keeps the peace, interacts with the public, investigates crimes, and files reports. While the starting salary isn’t huge, extras like holiday pay, night-shift differentials, and overtime can push salaries over $100,000. Some departments are even offering signing bonuses.
17. Talent Manager / Agent
Average salary: $123,720
Primary duties: Manages the business interests of artists, performers, and athletes. Works in booking, contract negotiation, and money management. Superior communication and negotiation skills required.
18. Producers and Directors
Average salary: $82,510
Primary duties: Direct the business and creative endeavors of visual productions for television, stage, and film. This is show business, baby!
19. Construction Manager
Average salary: $104,900
Primary duties: Directs construction projects, including timelines, scheduling subcontractors, managing budgets, responding to delays, finding resources, developing relationships, and ensuring work complies with legal requirements.
20. Architect
Average salary: $99,310
Primary duties: Combines structural requirements and client preferences to design beautiful and functional buildings and interior spaces. Works in a team with many other professionals. Bringing a vision to life can be incredibly rewarding for architects.
21. Mechanical Engineer
Average salary: $99,510
Primary duties: Addresses problems through the creation of mechanical and thermal devices. Works in teams to research, design, manufacture, and test tools, machines, and engines.
22. Public Relations Professional
Average salary: $66,750
Primary duties: Create and maintain a positive public image for clients through traditional media networks and social media platforms. Great communicators will perform above expectations in this job.
23. Social Media Specialist
Average salary: $58,190
Primary duties: Learn social platforms and engage followers. Build a brand’s reputation through images and text shared with the public. It’s a job that doesn’t require a college education. It can also be a fulfilling part-time job.
24. Sales Manager
Average salary: $135,160
Primary duties: Direct sales activities for an organization. Develops new markets, trains sales representatives, coordinates distribution of a product or services, and creates goals for the department. Pursuing shared goals and collaborating with many people make this a great job for an extrovert.
25. Sales Engineer
Average salary: $116,950
Primary duties: Sells technical, complex, or scientific products or services to businesses. Persuasive individuals with a technical background are best suited for these roles. Also called software sales or technology sales.
26. Computer Systems Analyst
Average salary: $103,800
Primary duties: Also called systems architects, analysts design computer systems for organizations to help them operate more efficiently.
27. Pilot
Average salary: $171,210
Primary duties: Responsible for the safe operation of aircraft. Files flight plans, communicates with air traffic controllers and monitors weather conditions. May operate helicopters or planes as commercial or private pilots. High-achieving, extroverted personalities can do well. You may also want to read our tips on paying for flight school.
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Extroverts can do any job they set their mind to, but the most fulfilling jobs for extroverts are the ones where their work can be seen and appreciated by others. Extroverts gravitate toward careers that demand high performance, often under pressure: medicine, sales, finance, even the C-suite. In exchange, many roles in those fields offer competitive pay.
Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.
See exactly how your money comes and goes at a glance.
FAQ
What job is best for extroverts?
While there’s no one job that is best for everyone, extroverts tend to find jobs that harness their drive to perform and their superior people skills most fulfilling.
Do extroverts make more money than introverts?
Extroverts tend to make more money than their introverted peers, though introverts and extroverts are both positioned to be successful leaders in their fields.
Can part-time jobs be fulfilling?
Part-time jobs can be fulfilling. They may also allow you extra time to yourself. To find a fulfilling part-time job, search websites where this is a primary feature, such as Indeed.com.
Do fulfilling jobs ever pay well?
Fulfilling jobs can pay well. If you don’t want to sacrifice your financial well-being to enjoy a rewarding occupation, pay attention to salary reports from the Bureau of Labor Statistics. They can reveal where high-paying jobs and industries are.
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SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.