20 Hot Job Tracks When Baby Boomers Retire
HOT TRACK SALARIES (AVERAGE) ENTRY LEVEL: $30,000 MIDLEVEL: $50,000 TOP: $150,000 plus
TRAINING. Communications and graphic design skills are critical, as are computer skills, of course.
RUNNER-UP HOT TRACK. Circulation director. Since ad revenues have been dropping, many magazines, in particular, have emphasized boosting circulation.
WHAT MEDIA JOBS PAY TV REPORTER: $24,765 RADIO NEWS DIRECTOR: $27,015 ONLINE CONTENT DEVELOPER: $35,000 TECHNICAL WRITER: $37,400 MAGAZINE ART DIRECTOR: $44,200 TV NEWS ANCHOR: $47,340 MAGAZINE SENIOR EDITOR: $56,700 NEWSPAPER EDITOR: $71,000 EDITOR-IN-CHIEF: $73,400
Note: Median salaries for 1996; magazine figures are averages. Sources: Association for Interactive Media, Editor & Publisher, Folio, Newspaper Association of America, University of Missouri School of Journalism, Wyse Cohen
MEDICINE: Reproductive Endocrinologist As has been true of so many baby boomer preoccupations, menopause is about to become a Big Deal. If all that estrogen-replacement therapy isn't enough to keep reproductive endocrinologists frenzied, consider that couples will make 2 million office visits this year after failing to conceive a child, up from 1.35 million in 1988. Although the infertility rate has remained steady at about 9 percent of couples, many more women are postponing motherhood; the average time required to conceive doubles with every five years' delay. And recent advances offer couples more options. Besides traditional in vitro fertilization, a couple whose problem is a low sperm count might have a single sperm injected into an egg. An older woman might choose to use a healthy egg from a donor. The reproductive endocrinologist settles on the best method, performs the egg retrieval and implants the embryo.
HOT TRACK SALARIES (AVERAGE) ENTRY LEVEL: $110,000--$150,000 MIDLEVEL: $185,000--$248,000 TOP: $637,000
TRAINING. A residency in obstetrics-gynecology and a fellowship in reproductive endocrinology.
RUNNER-UP HOT TRACK. Orthopedic surgeon. High-tech advancements have made joint-replacement surgery much more successful. All those aging boomers are bound to come calling.
WHAT MEDICAL JOBS PAY PEDIATRICIAN: $129,085 FAMILY PRACTITIONER: $129,148 PSYCHIATRIST: $132,477 INTERNIST: $139,320 NEUROLOGIST: $164,295 DERMATOLOGIST: $176,948 GENERAL SURGEON: $216,562 ANESTHESIOLOGIST: $240,666 RADIOLOGIST: $247,505 ORTHOPEDIC SURGEON: $301,918
Note: Median salaries for 1995 for doctors in group practice. Sources: Endocrine Society, Jones Institute for Reproductive Medicine at Eastern Virginia Medical School, Medical Group Management Association, National Institutes of Health
SALES: Information Services Rep As companies large and small continue to plunk modem-equipped PCs on employees' desks, their investment in online and CD-ROM information will reach $23.5 billion in 1996, nearly double the level of five years ago. In the year 2000, predicts Lorraine Sileo, a senior analyst at SIMBA Information Inc., businesses will spend $27.2 billion to feed their hunger for electronic information. Sales representatives are needed to explain why the product or technology in question--a legal database, say, or an online news retrieval service--meets a company's needs better than that of the competition.
HOT TRACK SALARIES (AVERAGE) ENTRY LEVEL: $35,000 MIDLEVEL: $60,000 TOP: $100,000 and up
TRAINING. Some companies hire new computer science graduates, but many prefer three to five years of sales experience in the field.
RUNNER-UP HOT TRACK. Wireless salesperson. More than 10 million new customers signed up for cellular service in the past year, and 64 percent of adults who don't currently subscribe expect to in the future.