8 Best-Paying Jobs in the Tech Industry

Want to work in tech? Check out these 8 best-paying jobs that are in high demand!

Co.Lab Team
January 27, 2023

A career in technology can be gratifying, both financially and personally. If you want to enter the tech industry but need help knowing where to start, this blog post is for you.

We'll go over 8 of the best-paying tech jobs and what skills and experience you need to get hired. Including numbers in USD based on data captured from PayScale and the U.S. Bureau of Labor Statistics. By the end of this post, you'll better understand the tech industry and what roles might be a good fit for you.

1. Product Manager 

Average Salary: 112,000 USD - 140,000 USD

Product managers occupy one of the best-paying jobs in technology. For many tech professionals, product management is a great career path that offers a chance to break into the industry without much prior experience.

As a product manager, you'll be responsible for planning and executing products in such a way that best meets customer needs. This requires excellent problem-solving skills and creative thinking to develop innovative solutions.

Most of the time, you will need at least a bachelor's degree or knowledge in engineering or computer science to get started in this field. Still, there are also numerous online courses and bootcamps available today which can help expand your technical knowledge base. Product management is an exciting and rewarding career opportunity, and there is no better time than now to get started!

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2. Data Scientist 

Average Salary: 90,000 USD - 150,000 USD

Data science is one of the highest-paid tech jobs in the industry today. Data scientists collect and analyze data from various sources to help product leaders make informed decisions. This involves using algorithms and machine learning to identify patterns within the data that can provide insights into how a business can be more efficient or profitable.

To enter this role, you need a strong background in mathematics, statistics, and computer science, as well as coding experience using languages like Python and R to manipulate data. As with many entry-level tech jobs, there are plenty of resources, such as online courses and bootcamps, to help you get up to speed quickly.

Data science is an ever-evolving field, and those who put in the hard work can enjoy great job satisfaction and compensation packages. In addition, data science offers plenty of opportunities for career progression as you develop your skills further. This makes it an attractive option for many professionals looking to take their careers to the next level.

3. UX Designer 

Average Salary: 75,000 USD - 100,000 USD

UX Designers are among the best-paid positions in the tech sector and one of the best entry-level tech jobs with little (but specific) experience required. They are crucial in creating user experiences that meet customers' needs and expectations.

To achieve this, they help create wireframes and prototypes while gathering user feedback and conducting research. Aside from strong problem-solving skills and imagination, UX Designers must also have adequate knowledge of software and design principles.

A degree in design may be helpful when looking for employment; some institutions also offer UX Design bootcamps to prepare you for entry into the profession.

Knowing your way around websites and mobile apps can give you an added edge when applying for this high-paying role. Hard work, dedication, and practice projects make it possible to have a successful career without prior UX experience.

4. Software Engineer 

Average Salary: 85,000 USD - 110,000 USD

Software Engineering is one of the best-paying jobs in technology. That’s why a career as an engineer can be highly lucrative. With the opportunity to work on cutting-edge projects at world-leading tech companies, it's not hard to see why it has become one of the most sought-after roles in the industry.

For those who already have experience programming and developing software applications, taking on an engineering role can be a great way to take your career to the next level. It is also one of the best no-degree tech jobs for those without experience; by learning how to code and combining this knowledge with strong problem-solving skills and organizational abilities, you'll be well on your way to becoming a successful software engineer.

Suppose you are serious about pursuing this line of work. In that case, it may be worth considering taking courses or attending coding bootcamps to gain additional knowledge and fine-tune your skill set. With dedication and good preparation, you could soon enjoy job satisfaction and the financial rewards of being a software engineer.

5. IT Manager 

Average Salary: 90,000 USD - 120,000 USD 

To be successful as an IT manager, you must have strong leadership skills and be able to manage multiple projects at once. Most companies require a bachelor's degree in computer science or a related field, as well as experience with software development, network administration, and database management.

For those without those qualifications, alternative routes such as online courses and coding bootcamps can significantly help you gain the necessary experience with no prior experience.

Being an IT manager requires dedication, perseverance, and hard work to succeed in this highly sought-after profession. The rewards that come with it are equally worth the effort.

IT managers enjoy challenging yet rewarding careers with excellent compensation packages and job security. This is why so many people aspire to become one.

A person typing on pc.

6. Cloud Engineer 

Average Salary: 90,000 USD - 125,000 USD

Cloud engineering is one of the best-paying jobs in technology and can be an excellent career choice for those with strong problem-solving skills and experience in coding. Cloud engineers help design, build and maintain cloud-based applications, and it's possible to enter this role without prior experience.

Working within the ever-evolving cloud environment can be challenging yet rewarding as you grow your skill set and further specialize in application building. With just a few years of experience under your belt, you could easily be on track to become a senior engineer or higher!

Companies typically require a bachelor's degree and experience coding in multiple programming languages across the web and mobile applications. Fortunately, if these skills come at a premium for you, many online courses and bootcamps are offered to help fill in the gaps in your technical knowledge.

7. Network Engineer 

Average Salary: 80,000 USD - 100,000 USD

Network engineers ensure that a company's computer networks and systems are up-to-date and running effectively. This can involve designing, installing, configuring, and maintaining local area networks (LANs) and wide area networks (WANs), as well as troubleshooting potential problems.

To be successful as a network engineer, you will need a bachelor's degree in computer science or a related field, along with experience working with different types of networks and protocols. It is also vital to have good problem-solving skills and the ability to think critically to identify and address any issues that may arise.

Network engineering is a great career choice for those looking to get into tech without experience, as many companies offer entry-level positions and training programs. By dedicating yourself and studying the right qualifications, you can ascend the ranks to become an expert in networking.

8. Tech Sales Representative 

Average Salary: 60,000 USD - 90,000 USD 

Tech sales is an excellent entry-level job for those who have yet to gain experience in technology. As a tech sales representative, you will be responsible for selling products and services to businesses or consumers on behalf of your employer. This can involve building relationships with potential customers, creating presentations, negotiating deals, and providing customer service.

Successful tech sales representatives need to be able to think on their feet, as well as possess strong communication and persuasion skills. It is also essential to have a basic understanding of technology to explain products or services in detail.

It is possible to enter this role without experience, as many companies offer training programs to get you up to speed. With the right attitude and dedication, tech sales can be a lucrative career path for those with the aptitude for it.

Final approach

The tech industry is booming, and plenty of high-paying jobs are available. These eight technological jobs are just some excellent options for those who need to gain prior experience in this field. With decent elbow grease, focus, and the appropriate tools at your fingertips, you can rapidly learn the required abilities and information to make it in tech, regardless of where you come from. This provides plenty of opportunities for those looking to make a career change or get their foot in the door in this rapidly growing industry.

Looking for a career in technology? Take your career to the next level with Co.Lab’s Product Management, UX Design, and Software Development programs. With our support, you can develop the skills and knowledge necessary to become a successful professional in tech.  Join us on Instagram, Twitter, or LinkedIn for exclusive updates on what we're up to - don't miss out!

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