[ High Paying Jobs In Nepal ]A 2018 World Bank report revealed that the tiny Himalayan country of Nepal scaled the highest spot in job creation in South Asia. The employment rate was around 68%, making Nepal an exception compared to other countries with similar income levels.
The annual growth rate for 2019 was 6.6%, and though the pandemic has seriously impacted this figure currently, Nepal is considered to be one of the fastest-growing economies in the world today.
The main occupation is agriculture, and this sector accounts for a large chunk of employment in the country. However, farm employment is gradually giving way to work in factories and offices. With a wealth of natural resources, tourism opportunities, and hydroelectricity, employment prospects remain on an upward trajectory.
Over the last decade, wage-earning jobs were up from 17 to 24% across the country. This has resulted in lower poverty rates and higher household incomes. Over the last decade, more than 4 million jobs were created across both low and high-productivity sectors. The main areas of employment are the construction sector, wholesale and retail, finance and manufacturing, businesses, services, etc.
However, growth still remains focused around large urban centers such as Kathmandu. The landscape and terrain of this mountainous country make it difficult to access wage-earning jobs and product markets. As a result, many new firms and start-ups are micro, small, and medium-sized, with local markets as their targets.
With these factors in mind, employment is opening up in a big way in the country, and some of the highest-paying jobs are in new sectors that were non-existent a few decades ago.
The largest industry in terms of employment is the wholesale and retail trade, with more than 30% of a share of the total jobs in the country. This is followed by education and manufacturing.
The tourism and hospitality sectors have been the traditional areas that have fueled job growth, and these remain at high levels currently as well.
11 High Paying Jobs In Nepal
1. Medicine: Surgeons and doctors command one of Nepal’s highest ranges of salaries. This is also one of the most respected jobs requiring commitment, dedication, a strong desire to help people, a good educational base, and relevant experience. Data shows that in 2021, doctors with the right qualifications and experience can earn between NPR 50000-1,00,000 per month at the starting level, with higher salaries for surgeons. Earning potential can touch NPR 5,00,000.
2. Law: Judges, like doctors, are highly respected in society, and they can earn high salaries at the later stage of their careers. Lawyers also have high earning potential, between NPR 20,000 and 20,00,000, depending on their reputation and track record. There are different areas of expertise, such as civil, contract, patents, criminal, family law, etc, and the opportunities for success are available to the right candidate.
3. Engineering: Civil engineering is among the top-paying jobs in Nepal. It also has the potential for projects around the country and abroad. Qualified engineers can earn between NPR 25-50,000 per month. Many engineers start their own consultancy or construction firms, work as project engineers, and boost their earning potential. In Nepal, engineers can find suitable openings in the government as well.
Other branches of engineering are equally lucrative and have high earning potential. Any information and technology-related engineering sectors offer a well-qualified technical expert around NPR 50,000 per month.
4. IT Sector: This is the Mecca of most youth around the world today. With the right type of qualifications and experience, the career options and open range from systems analyst to supply chain management jobs, data scientist, web designer and developer, Python or Java expert, .Net programmer, and more. The field is expanding into AI, cyber-security, full-stack development, cloud, block-chain, IoT, and machine learning. Software Development Jobs in Nepal are available in the private sector and government and with many big international firms or small start-ups.
5. Accounts and Finance: If your interests lie in the financial and accounting sectors, Nepal has immense opportunities to earn top dollar. You will have to get internationally recognized certifications, such as Chartered Accountant, Certified Public Accountant, or a Master’s Degree in Financial Management. The earning potential is very high, especially if you specialize in certain sectors such as taxation. The career path depends on the route you choose. If you aim to be an independent consultant, you can continue to earn well into your old age. Others may prefer to be attached to a firm and rise the corporate ladder to become the CFO or part of the C-suite in the company.
6. Forestry and Agriculture: These are popular choices for young people interested in environmental conservation. Work is available in both local and international organizations. Salary range is between NPR 30,000-100,000. In agriculture, you would be part of the 70% of the Nepalese population that depends on agriculture. You can specialize in certain sectors and ensure a good earning potential.
7. Nursing and Dentistry: These two fields, while not in the same league as other branches of medicine, are very much in demand. There is huge scope in Nepal for dentists because there is a huge requirement for them and not enough qualified people. They can earn between NPR 50,000-100,000 with the right qualifications and training. Nurses in Nepal can earn between NPR 30 – 100,000 depending on their experience and area of expertise.
8. Government Jobs: These are among the most sought-after jobs and are available at different levels. Candidates can apply straight after their Plus Two schooling or a full-fledged technical education. Those in other sectors such as banking can also apply for government jobs and be assured of a life-long career with a substantial pension at the end.
9. Education: These jobs are highly demanding, require great commitment and dedication, and are personally and emotionally rewarding. While the earning potential may not be very high, these jobs are available right from kindergarten level right up to college professors and academic experts. There is a high perceived value and requires investment and constant skills refreshment.
10. Automotive: Career paths include regional manager, automotive, general/branch/purchase/project manager, assembly manager, used car or service manager, the garage owner. Salary levels range from NPR 80,000-156,000.
11. Real Estate: This is a growing sector and is witnessing a boom following the pandemic. Excess market liquidity has prompted banks to offer loans on attractive terms and lower interest rates to investors.
How to Find the Highest Paying Jobs in Nepal
While most people aspire to land the highest-paying jobs, the reality is that these are not the easiest jobs to get. In order to find the highest-paying jobs, you need to get in front of hiring managers. You can use services like Monster, which allows you to post five resumes for free. It also has a job board that lists the best companies and the highest paying employees. This can help you narrow down your options and find your dream job.
Another way to get high-paying jobs in Nepal is to become a doctor. This profession is very popular and one of the highest-paying in the country. Despite the high level of risk, doctors are considered to be the highest-paid people in Nepal. The training required for this job is long and arduous, but the pay is high. For an average doctor, they can earn anywhere from 50k rupees to a hundred thousand nepali rupees per month.
Being a CEO is also one of the highest-paying jobs in Nepal. This job requires a Master’s degree in related fields and at least 10 years of experience. It pays between 50,000 and 100K rupees per month, depending on education and experience. The salary range for a CEO varies from 50k to more than two million rupees, depending on the position and the company. But, no matter which path you choose, you’ll be rewarded handsomely.
In Nepal, there are thousands of high-paying jobs. However, it takes education, hard work, and dedication in order to land a high-paying job. As the economy grows, more jobs are available. Salaries and job opportunities are also improving. The strong competition in the country is making entrepreneurs invest more in their business, while new job roles are emerging in organizations. And, these jobs are very rewarding. You’ll be rewarded for your effort.
Among the top-paying jobs in Nepal, being an IT engineer is a great choice. The IT sector is one of the fastest growing industries and therefore, the demand for IT professionals is high. With a Bachelor’s degree in Information Technology and a year’s worth of experience, you could earn up to fifty thousand rupees a month. These jobs require good management skills and an extensive educational background, so they’re the best choices for those seeking a job in Nepal.
For example, you could become a CEO of a company. This job requires a Master’s degree in an appropriate field, as well as at least 10 years’ worth of relevant experience. In addition, you’d be responsible for implementing the company’s strategy and managing the resources throughout the organization. This position, however, pays well, and the average salary is around one hundred thousand rupees. And if you’re interested in conservation, the salary ranges from thirty to a hundred thousand rupees a month.
In Nepal, there are many high-paying jobs. IT is a growing industry and IT professionals are always in demand. You can earn up to fifty thousand rupees a month as an IT engineer. If you have a bachelor’s degree in a related field, it’s possible to land a job that pays up to a hundred thousand rupees a month. And, while it may be a demanding job, it’s still a good option for a Nepali citizen.
A successful career in the finance sector requires more than just a high salary. There are many other high paying jobs in Nepal that don’t require much experience. Those with a Bachelor’s degree in business, for example, can find a job as a CFO in the country. The average salary is about eighty thousand rupees, but you may be lucky enough to find a better job in another field. A Master’s degree in finance will make you feel a lot more confident in your abilities and your ability to apply them.
As an engineer, you will likely be working with technology and interacting with other people. You will have to work hard, be educated and have the right mindset to succeed in the field. And remember that the more money you make, the better. A job as a CEO is a high-paying position, but it is also one that requires a lot of dedication. A CEO can earn up to a million rupees.