There are many professions that can be considered high-paying jobs, but two of the most lucrative and prestigious are CEO and doctor. Both positions require significant education, experience, and skill, but which one pays more? In this article, we’ll take a closer look at the salaries of CEOs and doctors, and see which profession comes out on top.
CEO Salaries
CEOs are often seen as some of the highest earners in the business world, and for good reason. The average CEO salary in the United States is around $180,000 per year, according to data from the Bureau of Labor Statistics. However, this figure can vary widely depending on the industry the CEO works in, as well as the size and performance of the company they lead.
For example, the highest-paid CEO in the world in 2020 was Elon Musk, who earned a staggering $595.3 million, mostly from his ownership stake in Tesla. However, this is far from the norm, and most CEOs earn much less than this. In fact, the median CEO salary in the country is around $140,000 per year, which is still a very good income.
Doctor Salaries
Doctors are also known for having high salaries, and for good reason. These professionals have spent years studying and training to become experts in their field, and often work long hours to provide care to their patients. According to the Bureau of Labor Statistics, the average salary for a doctor in the United States is around $208,000 per year, making it one of the highest-paying professions in the country.
However, like CEO salaries, doctor salaries can vary widely depending on a number of factors. For example, doctors who work in certain specialties, such as orthopedics or cardiology, can earn significantly more than those in other fields. Additionally, doctors who own their own practices or work in private hospitals are likely to earn more than those who work in public healthcare systems.
Which Profession Pays More?
So, which profession pays more: CEO or doctor? While both positions can be lucrative, the answer is clear: doctors earn more, on average, than CEOs. According to the Bureau of Labor Statistics, the average doctor salary in the United States is around $208,000 per year, while the average CEO salary is around $180,000 per year. Additionally, doctors can earn even more if they work in high-paying specialties or own their own practices.
Of course, salary is not the only factor to consider when choosing a profession. Both CEO and doctor require significant education and training, and both can be rewarding in their own ways. However, if you’re looking for a career that will provide a high income, a career in medicine is likely to be your best bet.