A six-figure salary and the option to work from home? It sounds too good to be true.
Job openings are rising, while workers continue to quit. The number of vacant jobs hit 10.9 million in December, up from 10.6 million the previous month, the Labor Department said this week. The job openings rate was steady at 6.8%.
The COVID-19 pandemic has made people reassess the role of work in their lives. Workers are burned out and looking for better benefits, shorter commutes, higher salaries and — critically — a more accommodating work-life balance.
If they spend eight hours a day at work, they don’t want to be unhappy and stressed out. Some workers, some polls suggest, are even fed up with how their employer treated them during the pandemic, and told their boss they had enough.
“Wages aren’t keeping up with inflation, so the only way for most employees to either get a step up in salaries is either to find a new firm or have one foot out the door,” Scott Brown, chief economist at Raymond James, told Barron’s.
On Wednesday, the careers website Glassdoor released its annual 50 Best Jobs in America for 2022. With so many workers on the move as we enter Year 3 of the pandemic, it makes particularly timely reading.
Once again, tech workers came out on top. Enterprise architects were No. 1 on Glassdoor’s list. They have a median base salary of $144,997 a year, 14,021 job openings and a satisfaction rating of 4.1 out of 5.0, according to the report.
“‘In the last year, job openings soared and record levels of worker turnover shifted the balance of power to the worker.’”
— Glassdoor’s annual ’50 Best Jobs in America’ report
They work in a company’s IT department, designing hardware, software and networking applications, and work with stakeholders and management to help businesses achieve and maintain their digital strategy.
“In the last year, job openings soared and record levels of worker turnover shifted the balance of power to the worker, with a large swath of employees and job-seekers fine-tuning a better work-life balance,” Glassdoor said in the report.
The job score is determined by weighing three factors: Earning potential, overall job satisfaction rating and number of job openings. Some 90% of enterprise architect job reports also gave the option of working form home.
Next on Glassdoor’s list was full stack engineer ($101,794 a year with 11,252 openings) who develop websites or applications, followed by data scientist ($120,000 a year with 10,071 openings) who collect and analyze data.
The top 10 jobs were all IT workers, but several non-tech jobs made it onto the top 50 list for the first time. As millions of people struggle to cope with the COVID-19 pandemic, psychiatrists (No. 22), psychologists (No. 34) made the list.
Jobs in human resources such as HR manager (No. 13), corporate recruiter (No. 17) and HR business partner (No. 39) also ranked among the “best jobs” during what some economists have starting calling the “Great Resignation.”
“Employees want to work from home 2.5 days a week on average, according to a 2021 Harvard Business Review survey.”
“Jobs offering work from home as a benefit provide job seekers with greater opportunities and remove barriers such as location requirements, commuting costs, and ease child-care obligations,” the Glassdoor report added.
Database architect, salesforce developer, solutions engineer, machine learning, engineer, product marketing manager, and enterprise architect all received the most working-from-home benefit reports (a rate of 90% or over).
For a job to be considered, it must receive at least 100 salary reports and at least 100 job-satisfaction ratings shared by U.S.-based employees over the past year. A job title must also have at least 2,000 job openings as of Dec. 12, 2021.
Employees and their staff realize that productivity and remote work are not mutually exclusive. Americans want to work from home 2.5 days a week on average, according to a 2021 Harvard Business Review survey of 5,000 Americans.
“Our survey data show that people of color and highly educated women with young children place especially high value on the ability to work from home part of the week,” according to a Harvard Business Review’s analysis.
“A ban on working from home risks a rush to the exit by these employees,” it added. “That would exacerbate an already pressing problem in many organizations that struggle to hire and retain talented women and minority managers.”