Why Are Some Occupations Paid More Than Others

Why Are Some Occupations Paid More Than Others?

Learning Team DEco 365

Table of Contents

Trends in the labor marketWhat factors affect supply & demandWhy do actors earn moreWhy do hedge fund executives make moreOther influencing factorsOther jobs that have the best mix of salary & other characteristics that individuals care about

Construction Employment 10 Year Trend


Supply and Demand

The construction industry is a cyclical industry.Rising incomes = rising demand for new construction.Lower income = conservative spending and reluctance to start new projects or build new construction.The economy affects decisions to invest in new real-estate, which in turn affects the demand patterns seen by construction companies.


A-List Actors/ActressThe Average Union Actor

Hedge Fund Executives

Aggressive Strategies2-20 Fee Structure

Other Influencing Factors

Personality TypeCulture & Religious Beliefs FamilyPrevious Experiences Skills & AbilitiesSocial & Economic ConditionsGender

Mix of Salary & Characteristics

Facebook: 4 Months paid maternity leave. Free meals. Unlimited sick days. GOOGLE: Free food, massages and haircuts. Doctors onsite.CostCo: Part-time employees qualify for insurance. Free samples.


11 Reasons to Love Costco that have Nothing to do with Shopping https://www.huffingtonpost.com/2013/11/19/reasons-love-costco_n_4275774.htmlAnonymous (2015). Why and how do hedge fund managers make so much money? https://www.Quora.com. Calnan, Marianne. 2015. Robert Downey Junior is Hollywood’s highest-paid actor. Employee Benefits; London. Centaur Communications Ltd. United Kingdom, London.Facebook Employees Favorite Perks https://www.thestreet.com/story/13371353/1/facebook-employees-favorite-perks-here-s-8-of-the-best.html Hadi, A. (2011, April Day). Monthly Labor Review: Construction employment peaks before the recession and falls sharply throughout it. . Retrieved from https://www.bls.gov/opub/mlr/2011/04/art4full.pdfJohn Ohkuma, Film & Television Actor at SAG-AFTRA (2013-present). Why do actors get paid so much? https://www.Quora.com. Peiffer, E. (2017). Construction Dive. Retrieved from https://www.constructiondive.com/news/construction-industry-trends-2017/433151/Pfeiffer, S., & Healy, B. (2015, May 08). In tough year, hedge fund leaders still paid well. Boston Globe Retrieved from https://search-proquest-com.contentproxy.phoenix.edu/docview/1679357720?accountid=35812