More and more companies are seeing the benefit of hiring people on a ‘work from home’ basis as they realise the costs they’re saving on renting expensive office space. It also has the benefit of being able to hire anyone across the world – solely depending on their expertise.

Why not take advantage of this? There has never been a better time to work from home. All you need is a quiet space, a computer and maybe a phone. Freelance and contract positions usually have the benefit of being higher paying, offer you much more flexibility and allow you to work across various projects rather than being stuck in a routine.

On top of this, starting a work from home job with an existing company is also a great insight in seeing if your home environment is a good place to start your own home business.

Below are the highest paying work from home careers, see which one suits you best!

Top 5 Work from Home Jobs by Earnings

1. Translator

Average Salary: $132,000

Apart from the convenience of working your home, translation jobs can be very lucrative. According to a survey by American Translator’s Association (ATA) the minimum income earned by a full time freelance translator is over $60K per year i.e. $5000 per month. However, depending on what capacity you are working in, it is common for some translators to earn well over $100K doing freelance translation for as little as 15 days a month.

The translation jobs could be business translation, technical translation, medical translation etc. depending on the domain knowledge and experience that the translators possess. One thing to keep in mind is that the work can be monotonous, so you’ll have to have an interest and the ability to keep focus.

2. Business Development Manager

Average Salary: $102,000

A business development manager is tasked with the job of helping a business grow, so they are in effect – high-level sales professionals.

Their priority is to assist their companies to acquire new customers and sell additional products or services to existing ones; this means the role is a crucial one for any business with the ambition to expand or the necessity to diversify its clientele. It also means that effective business development managers are in high demand in nearly every job sector there is, including business-to-business, business-to-customer, and even non-profit organisations.

If you have a background in sales then this could be a real winner. Not only do you get great basic packages, business development managers usually get large chunks of commission and the opportunity to travel quite a lot.

3. Financial Analyst

Average Salary: $91,000

An increasing number of these financial analyst jobs are being farmed out to independent contractors, potentially you! Many computer-based jobs can now be done from anywhere, therefore, employers are reluctant to justify using expensive office space to house additional employees.

Many corporate jobs now only require employees to come into the office once or twice a week, for meetings or presentations, and allow them to do their remaining work at home.

To land this job, you have formal training, experience and college education to establish your credentials, but it can be a very lucrative work from home career.

4. Software Engineer

Average Salary: $94,000

Senior software engineers are typically responsible for developing, designing, and running software programs, overseeing related projects, managing a team of software engineers, troubleshooting technical issues, and debugging software. They’re usually required to have experience with a variety of programming languages.

Software developers can work from anywhere as long as they have a computer and internet connection. They are also one of the most in-demand professionals across the world so many people are turning to freelancing in order to snap up higher paying contracts.

5. Web Developer

Average Salary: $76,000

As above, web developers can pretty much work from anywhere. You don’t need a formal education but you will need a portfolio of work to demonstrate your expertise. Web & app development are on the rise and good developers are highly sought after. You also have the opportunity to develop your own products to make extra income!

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