According to a study by Credit Karma, over 30% of individuals belonging to Generation Zen are facing challenges in moving out independently. Instead, they are choosing to reside with their parents to reduce expenses and share costs, amidst the ongoing cost of living crisis.
The study also unveiled that around 25% of Gen Z and Millennial renters find themselves compelled to seek shelter with family or friends due to their inability to afford rent. Additionally, 41% are resorting to sacrificing essential needs in order to meet rental payments. Among those who continue to reside in their rented homes, 25% and 31% respectively are relying on assistance from family members to cover housing expenses.
Inflation is eroding the purchasing power of Gen Z and Millennials, resulting in a significant gap between their entry-level salaries and ongoing expenses such as student loan repayment, rent, utilities, technology, entertainment, and larger investments like purchasing a home or vehicle.
Given the current financial pressures, which have escalated notably since the onset of the pandemic, securing a well-paying job is no longer seen as a luxury but rather a necessity for maintaining a sustainable and comfortable lifestyle independently.
As a result, many recent graduates embarking on their careers are actively seeking entry-level roles that offer remote work opportunities and competitive salaries.
While the terms “entry-level” and “high-paying” may initially appear contradictory, they can indeed coexist due to increasing demand and expansion, particularly within the technology sector. This industry is projected to grow at a significantly faster rate than others and boasts a median salary of $100,000.
Here are five remote positions that offer attractive salaries and are open to applicants with limited or no experience. The salary figures provided are sourced from Salary.com and Talent.com.
(It’s worth noting: To effectively position yourself in a competitive job market, it’s often necessary to secure these roles through appropriate certification pathways, or in some cases, a degree, along with a demonstrable portfolio of real-world projects. You can overcome this hurdle by carefully assessing your experience, including any relevant self-employment ventures that align with the job description, as well as highlighting internships and volunteer work from your university years. This holds true even for entry-level positions that may be advertised as requiring two or three years of experience. Additionally, ensure the employer offers clear avenues for career progression and development before accepting an offer for a junior or entry-level role.)
1. Remote Junior Business Analyst
As a junior business analyst, your responsibilities would involve aiding and closely collaborating with project managers and a senior business analyst in extracting and analyzing data. Your focus would be on ensuring that the final deliverables meet the specifications of end users and stakeholders. With time and additional training, you’ll have the opportunity to progress to the role of business analyst and eventually to that of a senior analyst.
The average salary for this position is $63,688. However, as you gain more experience and undergo further training, your earning potential can rise to $104,504.
2. Remote IT Support Specialist
By earning the Google IT Support Certificate through Google Career Certificates, you gain valuable assistance in landing your initial role in the IT sector as an IT support specialist. It’s common for individuals in the technology field to commence their careers in this role before progressing to more specialized and intricate technical areas.
The average salary for this position is $57,165. However, as you accumulate experience and pursue additional training, your earning potential can escalate to $131,814.
3. Project Manager from a Distance
At the core of nearly every industry and business lies the figure of the project manager. They gather stakeholder requirements and specifications, develop comprehensive project plans, and oversee project teams, budgets, and activities. As a project manager, your role is to ensure that all aspects of the program or project you oversee are executed on time, within budget, and in accordance with all requirements.
Starting off in roles such as project assistant, coordinator, administrator, or associate can facilitate your entry into the field of project management.
For a junior project manager, the average salary falls within the range of $94,545 to $126,876.
4. Remote Data Analyst
Data analysts focus solely on gathering and analyzing data, whereas business analysts concentrate on collecting information and applying their insights within business contexts. If you’re facing financial challenges post-graduation, Coursera offers a free data analyst course through Google Career Certificates to assist you in launching your career in this field.
Junior analysts typically earn $68,386 annually, with the potential to reach $106,653 after gaining a few years of experience.
5. Remote Web Developer
It would be remiss to discuss high-paying remote jobs for beginners without considering web development as a viable pathway to early career financial success. In the United States, the average salary for a junior remote web developer ranks among the highest globally. This role involves crafting websites with a focus on user experience, ensuring seamless navigation and performance optimization.
Junior web developers typically earn $67,319 annually, with the potential for their salary to rise to $92,434 with additional training.
Are you open to working remotely in any of these roles? These positions underscore the fact that individuals at all experience levels can now secure lucrative positions. Many employers are eager to embrace your skills and support your career growth, provided you seize opportunities, commit to upskilling as necessary, and target rapidly expanding industries like technology or project management.
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