Earn more than 100,000 euros? That's how it's done

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A business degree leads to a higher salary
Top earners: Healthcare executives
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More than Earn 100,000 euros a year - who doesn't want that. However, the way there is usually long and rocky - and shows some interesting correlations, as a StepStone analysis has now shown: If you want to earn 100,000 euros, you should go to university, for example. Without academic degree It is unlikely to earn such an annual salary - 82 percent of top earners have studied. And there are even more parallels ...

A business degree leads to a higher salary

However, it is also important to study the right subject. There are only 1 percent of the top earners Political and social scientist, for historians and cultural scholars it is only 0.3 percent.

Quite different with economists: The majority of top earners (33 percent) have Business or Economics educated. This is followed by a technical degree in engineering (20 percent).

Also the PhD increases income: executives who have a doctorate earn an average of 141,900 euros, significantly more than the average of all top earners (132,200 euros). The average age of top earners is 47 years.

Top earners: Healthcare executives

Speaking of managers: No top earnings without management responsibility. If you want to earn more than 100,000 euros a year, you need a position in management. Only one in 10 top earners has no leadership role. At 55 percent, the majority of top earners assume responsibility at middle management level.

Also the Choice of employer is an important factor in exceeding the 100,000 euro limit: the larger the company, the more likely it is to earn top earnings. Three out of 10 top earners work in companies with more than 10,000 employees, almost a fifth in organizations with up to 5,000 employees. In small companies with up to ten employees, on the other hand, only 1.4 percent of top earners are employed.

Also noteworthy: Im Health sector At 142,300 euros gross, top earners receive the highest average salary of specialists and executives. Banks (140,800 euros), the food and beverage industry (138,300 euros), financial service providers (136,700 euros) and the IT industry (135,000 euros) also pay well in the top earner group.

INDEED…

These are all just correlations, of course - no causalities. In other words: Neither studies nor management responsibility guarantee an annual salary over 100,000 euros. Statistically, this only increases the likelihood of it.

And none of them were taken into account Self employed and entrepreneurs. They usually earn even more (if things go well) - and are their own boss.