The Ten Most Overpaid Jobs In The U.S.
misbach writes "Here is what the 'compensation experts' have to say are the
ten most
overpaid jobs [original article at CBS MarketWatch]. 'Almost no one in America would admit to being
overpaid, but many of us take home bloated paychecks far beyond what's deserved.
'Fair compensation' is a relative term, yet human-resource consultants and
executive headhunters agree some jobs command excessive compensation that can't
be explained by labor supply-and-demand imbalances.'"
I have to think about 9) Pilots for major airlines. If the plane hits inclement weather or other serious issues arise do you really care if the people behind the cockpit doors are making ~250K a year?
Oh and 2) Washed-up pro athletes in long-term contracts? Crap. All major sports athletes are overpaid primadonnas. Paying them millions because they can throw a ball only fuels consumerism. "Did you watch the game on Sunday? Wow!" mindless sheep..
Trolling is a art,
is that the pilots for the non-major airlines are making so, so much less.
Is this because the pilots for the major airlines are better? Is it because the lives they protect are worth more? No. It's because they have a better union.
But Microsoft is not an underperforming company. Security issues do not matter, the bottom lines does.
A CEO that manages to put 50 billion dollars away for emergences is a damn good CEO.
Now their product may suck, but the product is not the issue here.
The Kruger Dunning explains most post on
I work for an architecture firm that handles airport noise mitigation projects. and I'ved worked with several municipalities with regards to differnt programs accross the country. The majority of these programs are federally funded. I recently saw a job opening for a program director assistant type position paying over 80k a year. For someone not knowing the real requirments of the Job it may sound intence but the job is so easy and so useless. It blows my mind to see how over paid public servants are in the US it is crazy. Not only that but how many uneccessary jobs are created in adminitrative positions. Another area is State education systems and the amount of money paid to administrative professionals when teachers are in short supply and classrooms are under equipped.
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Interesting that he doesn't even consider that SOME (not all) photographers just MIGHT actually be over paid.
.sig
The bit about the wedding photographer sounds like he had some grudge against his (or his daughter's) photographer. Whine whine whine.
If you hire a bargain-basement photographer's assistant, you might get stunning Annie-Liebowicz-level artwork. But the chances are that you'll get fifty images that are ill-timed, ill-posed, ill-conceived, ill-focused or ill-processed. You pay the money to someone who will get the best possible angle on the critical moments that the wedding couple will want to remember for the rest of their lives. Sometimes that requires a nudge to move Aunt Marge out of the way. It's not an occasion you're going to want to repeat if the photographer got it all wrong.
The same goes for an airline pilot... think about all the training you're depending on. Sure, it's "routine" to fly from coast to coast, but emergencies happen and it's the pilot's experience and training that you're paying for. It's a little late to complain that you didn't get your money's worth, once you've landed safe and sound after a boring flight.
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OK, I get harshing on most of the others, but c'mon, skycaps? Let's smack down a bunch of guys who make $30k a year standing in the exhaust-drenched air at airport dropoff points, dealing with irate travellers, lugging overpacked suitcases around to the cries of 'Be careful with that!'...so they make tips, too--you think the surly, don't-give-a-damn ones are the ones raking in $300/day in tips? Right.
Saying it takes less brains than stuffing fast food in a bag is rather insulting to skycaps, too--does this guy honestly think that a skycap can just kinda traipse around with a cart full of luggage, darned if he cares what happens to it? (This even without taking the crazy new security measures into account--I'm sure that makes their jobs oh-so-easy these days...)
Pro atheletes? Sure. High-end real estate agents? Yep. Skycaps? That's...kinda reaching for a top ten list...
Obliteracy: Words with explosions
"Overpaid" is an opinion. This article acts as if "overpaid" can be objectively defined. You may not think sports stars are worth it (hey, I sure don't), but apparently everyone else does and is voting with their dollars. If you want these people's salaries to be "corrected," you're going to have to sway public opinion.
Honestly, I'm so tired of reading articles by people who never understood the intersection of a supply curve and a demand curve.
Great reading on the subject from Walter Williams.
I don't think the sports stars should make that much money. Sometimes I even resent them. But for me to decree that they're "overpaid" means I think I have the right to prohibit thousands of people from purchasing sports tickets. I don't have the right to that kind of control over people's lives any more than I have the right to choose their religion.
Secession is the right of all sentient beings.
Have you ever really been wowed flipping the pages of a wedding album handed you by recent newlyweds?
It takes more than just snapping photos to be a wedding photographer. It's like being a drummer: Do your job well and no one will notice, but mess up and you'll catch hell. I guarantee you can tell the difference between a professional wedding photographer's photographs and some doofus with a disposable. Wedding Photographers are also not only working against the clock, but they only get one day.
Articles like these with the lack of repsect for profession's intricacies as are borderline offensive. Just because the author doesn't see what the big deal is is no reason to bash it.
Unless the guy making the decision and the guy parting with the money are not the same guy. If the board of directors of a company is deciding how to pay the CEO more (because the CEO is on THEIR board of directors) this isn't supply and demand - it's called "milking the system".
It's not wasting time, I'm educating myself.
Of course everyone should sacrifice... yeah right.
The Red Cross needs good management and a good CEO. Take a look at the amount of money the company handles, and the stuff they do around the world. They are equal to a multinational corporation. Now, they need people with the ability to lead a company that size. In order to attract these people, they have to offer a salary. Now in order to get the people needed into these positions, they need to pay a competitive salary. Some guy off the street being the CEO of the Red Cross for 50K a year might look good, but unless he's independently wealthy and doing it as a humanitarian effort, he's not going to do the job well.
CEOs actually do alot for companies, it may look like a cushy job, but there is alot of work going on there.
I mean, compare it with software development. If you have a project going on, you want a good software dev team to work on it. Sure, you are going to "piss away cash" to pay their salaries, but you could always just farm out the job overseas. Anyone here will tell you, the farmed out code is going to be subpar. If you farm out the CEO of the Red Cross, the result is going to be subpar.
It is the samething with teachers. Everyone will complain that teachers are underpaid. Yet, I don't see anyone ponying up more tax dollars to pay for them.
The gap between top and bottom salaries is at a historic all time high. The powerful simply bent the rules so they gain more than their fair share at the expense of all of the rest of us. This cripples our economy as it's a clear disincentive to labor. At the current rate of mismanagement, it surely won't be too long before the whole rotten house of cards collapses again. Excessive affluence is a sure sign of a corrupt society and I, for one, wish there was even some justice in America. Really, the real enemy isn't overseas, they inhabit the top floors of our institutions.
Words to men, as air to birds.
I don't think top airline pilots are overpaid.
Consider the fact that their 'off' hours are usually away from home. There is a LOT of work that they do outside of flying. This doesn't count in their per-hour charge.
They spend a lot of time gaining hours in small aircraft and as co-pilots of large aircraft. And they get dirt-pay for that.
They can't drink 12 hours before going on the job.
They work odd hours.
They are controlling a big gas tank with an aluminum shell and 300 people inside, all while moving 600+ mph in weather conditions that prevent you from seeing out side.
Yea, I want a good incentive for the pilot up front in my aircraft. I want to get to my destination!
40-60k ? That's somewhere down from celebrity weddings, I'm sure.
:)
/. , but I can't spot it in the search results now.
You could get a very nice downpayment on a house for that money
( or one really, really giant diamond on that ring, if the spouse-to-be is so inclined %) )
That said, even the $2k photographers often have an insiduous clause in their contract - I swear it was up on
The clause is that the photos they made belong to them.
- You want re-prints ? you have to pay, because You're not getting the negatives.
- You photocopy the prints you got ? be careful the photographer doesn't find out, or they may sue you.
- Want digital versions ? Expect crappy web-sized 640x480's or so, because a good resolution means you could print them out. That is -if- the photographer even offers digital versions.
And if he wants to use your pictures in his portfolio, he's free to do so.
You generally have to pay a good amount of money to nullify these clauses.
Very nasty stuff, very much something to look out for when picking a photographer.
Do you ever get dizzy from up there on your high horse?
The road to hell is paved with good intentions. I know you "mean well" and all with your utopian plans of providing for the homeless and eduction but unfortunately due to the fact that we're HUMANS that means we need to arrainge our economies in a capitalist fashion.
We could try socialism but obvious examples have already demonstrated the sheer humanitarian horror that that produced.
And where do you get off telling someone that going outside and pretending to be as good at sports as a pro is would be enjoyable? Why put your body at risk of injury when you can watch others play a game better than you'd ever be able to? Don't you think thats a bit condescending?
Mac OS X and Windows XP working side by side to fight back the night.
Are you guys kiddig me? Look, the truth of the matter is that nearly all CEO's who are getting more than $1/2 Mil each year are grossly overpaid! And that's just about all of them! Next are all the wonderful Demicrooks and RepubliCONS in CONgress. They are all basically in the deep pockets of the cheating and lying CEO's! and don't give a rip who they cheat or steal from nor who they are lying to as long as they have their campagin warchests filled up to stay in office. If the middle class collapses in this country, and there are signs that they are based on economic control and whose got it and wealth distribution, something gonna blow up really big! (IMHO).
No kidding. My friend got married last spring and in his wedding the Photographer was a really horrid woman (late 30's early 40's). She did EVERYTHING that was mentioned in this article. She shoved people out of the way, she was rude, she hogged all the good pictures to herself. All while spending the entire evening bitching to anybody she possibly could about how digital cameras were ruining her business.
You know what though, SHE was the one ruining her business, not the digital camers. You have to adapt with the times, and you have to adapt to the situation, and being a horrid cold bitch is not the way to sell yourself to potential future customers. You can't be complacent, no matter who you are or what job you do, times change.
You want to take good wedding pictures? Hire a local college student who is going to school for Photography. You'll get a great price, great pictures, and the student will get some extra money for beer and some pictures for their art classes. I can tell you my college friends who were photography majors sure would've appreciated the work!!
Bryan
Yeah, get off it. Longshoremen are basically cargo monkeys, no different than the UPS delivery guys, except for one thing - longshoremen have more equipment, so they don't actually have to lift anything.
It's great that their union is so powerful that it can disrupt commerce worldwide. That just means that, like the Mob, they've become experts in extortion.
Don't try and point the finger somewhere else - those guys are way overpaid, and it's no good to say "hey, they're overpaid because the other guys is a monopoly too."
The cheapest price they could find for a wedding photographer was $1200 in the Houston area.
My dad was named the 2003 Houston-area professional photographer of the year, so I know a little bit about this subject.
For a good photographer, 1200 is way too low. When my dad shot a wedding, he'd bring an assistant. Some wedding photographers I know bring 2-3 assistants.
They are at the wedding beforehand to shoot pictures because there will be no time during the wedding for posed family shots. They stay throughout most of the reception. That is easily 6 hours of work. Normally on a weekend. I don't think $100/hour for a freelancing professional on the weekend is that outrageous.
Now add in the massive costs for a professional. For my dad, that meant bringing a professional lighting setup and multiple hasselblad cameras and lenses (easily over $10,000) so there is no chance at missing a shot. Then throw in processing costs, proofs (4x5 proofs of all shots are made), basic administrative/advertising overhead, travel, planning sessions, profit, etc.
And don't understimate the fact that it normally is weekend work. My parents would work all week long and then not be around on the weekend because they were shooting weddings. That's one of the main reasons they closed their studio -- it was too taxing on their personal lives.
You are paying for an expert to capture one of the most important days of your life, and you get what you pay for.
Sure you can trust your wedding to a college student with a single 35mm camera. But is a few thousand more really not worth it to get a trained professional who uses redundent, top-of-the-line equipment?
But then again, look at how much of the world uses Windoze because it is "good enough".
You make some good points about HR people that most laymen would never realize.
/. : ignorance. People just don't know what these jobs entail. They see one part of it, think it must be easy, and therefore not worth any money.
/. seem to think I only work the 8 hours at the wedding on Saturday, charge $4,000, and leave. They don't seem to consider the several hours of prep work before the wedding, or the 40 or 50 hours of work retouching and editing the photos afterward, or the cost of all my business overhead, including equipment, insurance, rent, phone, internet, etc etc etc. Oh, and I gotta eat and provide my own benefits, too.
I think that's the problem with just about all the jobs listed in this article, and all the bitching in these comments on
I'm a wedding photographer (#10 on the list), and a lot of people on
Seems to me people should walk a mile in your shoes before they judge. Might as well ask some programmer, "Well, what does it really cost you to work for your company? I mean, gas mileage to and fro, right? So how can you possibly defend the fact that you charge your employer $50,000 a year for your services?!? It's not like it costs you anything! You're just stealing from your poor employer!"
Oh yeah, there's that whole "sucking away my life" thing.
We don't have a state-run media we have a media-run state.