Highly-paid

Describing an individual, profession, or position that receives a substantial salary or income, significantly above the average. This compensation reflects the value placed on their skills, experience, responsibilities, and the demand for their expertise within the market. Often, highly-paid roles exist within competitive industries requiring specialized knowledge and a proven track record of success. Factors influencing this include industry standards, company profitability, and the scarcity of qualified individuals. Achieving this status usually involves years of education, professional development, and demonstrated excellence in their field. These individuals may also have considerable negotiating power when securing their employment terms.

Highly-paid meaning with examples

• The company's CEO was a highly-paid executive, responsible for the overall success of the organization and receiving an impressive salary and bonus structure. Their expertise and leadership were critical to the company's performance. Managing such a large enterprise demands considerable business acumen and experience and is reflected in the hefty compensation.
• A highly-paid surgeon specializes in complex procedures and has many years of training and experience. They often work in high-demand specializations like cardiac or neurological surgery. Their skills are crucial for patient outcomes, justifying their high fees. Operating on complex cases requires extreme precision and expert decision-making.
• Professional athletes in popular sports like basketball and football are often highly-paid individuals, attracting attention with their athletic talents. They typically generate considerable revenue for their teams. Contracts for such athletes can be for many millions of dollars, reflecting their impact and marketability.
• Software engineers specializing in artificial intelligence are increasingly becoming highly-paid professionals. The demand for their skills is soaring. The shortage of talent has driven up salaries to attract and retain top professionals. AI is considered a growth sector.
• Hollywood actors and actresses who achieve global fame are often highly-paid for their work. Their ability to draw audiences and generate significant box office revenue secures this generous compensation. They also often generate income via brand endorsements.
• Lawyers specializing in corporate law may be considered highly-paid because of the nature of their work.