Career in Banking Sector

My dear friends,

Today we are sharing with you an information article on “Career in Banking Sector”

As we all know there are ample of fields you can choose for your carrier, among them one of the lucrative option is Career in Banking Sector.

We all know that Banks are considered as the backbone of any country’s economy. During the global financial turmoil that happened in the year 2008, our country was least affected because of soundness of Indian Banking and Financial system. This shows, Indian Banking system is very strong and one of the fastest growing sectors in the country. This growth has brought many opportunities for all the aspirants who wish to see them as a banker.

Manpower requirements

According to experts the banking sector may create up to 20 lakh new jobs in the next 5-10 years, helped by issuance of new licenses and efforts being made by the RBI and the Government to expand financial services into rural areas.

Public sector banks in India employ more than 7 lakh people at present. Of these a large number of people will be retiring in next 5-6 years. To fill this gap and to take up the growing business the Banks are on a recruiting spree as can be seen in media and from vacancy announcements. Only this year about 40,000 vacancies have been created in public sector banks due to retirements, resignations and expansion of business.

Career Growth

There is a well-defined career progression path in each public sector bank. Performance and potential are key elements which determine this career progression. Most senior officials in public sector banks started their career as clerk or scale I officer only. In tune with the time banks have reviewed their promotion policy and now for bright, hardworking and knowledgeable employees it takes less time to move to higher scales. In many banks a person who joined as an officer may reach to the position of General Manager in 14 years. After that one can aspire for the position of executive director or chairman of a bank. These are very high positions, nomination to which is decided by the Government and not by the individual banks.

Many public sector banks have a network of foreign branches. Thus, joining a public sector bank gives you the opportunity of working abroad also. Transferability in a bank job provides you the chance of seeing different parts of the country.

Working as a banker you can ensure an upper middle class lifestyle after a few years of service. After 3 years of work experience in Bank, you may try for CAT, do MBA from Elite Institute = fat salary package in private banks / NBFCs. You can specialize in finance, and become the fabled ‘investment banker’ in top foreign banks, who mint crores of rupees. Here are few examples of the top leaders who are doing great in Banking sector being from different fields.

Even If you are not in IIM/IIT/IAS, you can still work your way to the top position. for example

• Arun Tiwari: BSc in Chemistry. Joined Bank of Baroda as PO in ’79. right now CMD of Union bank of India.
• KR Kamath: Did B.Com from Mysore, joined Corporation Bank as officer trainee ‘77. Today he is CMD of Punjab National Bank.
• Arundhati Bhattacharya: done BA in literature, joined SBI as PO back in ‘77. Today she is the Chairman of SBI.
• K. Dubey: MA in English, LLB, joined Punjab National Bank in ’77 as a management trainee (MT). Today he is CMD of Canara Bank.

This Opportunity is not possible in other places. For example,

• RBI Grade “B” officer: Can’t become the governor. That post is reserved for IAS/Exceptionally talented economists such as Raghuram Rajan.
• State services (Class I , Class II): The home Secretary, chief Secretary, DGP = reserved for IAS, IPS are selected.
• Private sector banks: You’ll need a degree in finance/MBA from a highly reputed institute + long work EXP. + right contacts, if you want to become CEO/MD/Chairman.
• SSC-CGL: You join as an Income tax inspector, later promotion to group-A but you can never become Finance Secretary to government of India. That post is reserved for IAS.
• ACIO: you get promotion to Group A, but you can never become DG (Intelligence). Again reserved for IPS.

In other government services, sometimes they ignore you for promotion if you’re too honest/don’t pay the cash to minister. Especially in state services. Banking sector doesn’t have that problem. And even if you’re overlooked for promotion, you always have the opportunity to join private sector bank/consultancy for a decent salary.

• Even if you can’t become MD/CMD, still in the top-management position you’ll get fat salary package and fringe benefits.
• Even after retirement, one can get very high paying jobs in private sector, insurance, finance, NBFC etc. in top positions.
• Privileges attached to PSU Bank officers: Housing, auto loans at much cheaper rates from the cooperative society/festival allowance/ furniture allowance/Newspaper allowance/ Maid allowance, even money to buy suitcase etc. (varies from bank to bank)

Career progression for Officers in Banking Sector

Junior Management Grade – Scale I: Officer

Middle Management Grade – Scale II: Manager

Middle Management Grade – Scale III: Senior Manager

Senior Management Grade – Scale IV: Chief Manager

Senior Management Grade Scale V: Assistant General Manager

Top Management Grade Scale VI: Deputy General Manager

Top Management Grade Scale VII: General Manager

Recruitment in higher scales

With some experience one can expect to join a public sector bank in a higher scale. Most of the vacancies in higher scales exist in Middle Management Grade II or III. Of course, the candidate should fulfill the eligibility criteria with regards to age and qualification. The experience required for higher scale keeps changing from bank to bank, it may be one year or more. Professionally qualified people (with qualifications like MBA, CA etc) stand better chance in this regard.

Campus Recruitment

Since last 3-4 years public sector banks have started recruiting from campuses. This campus recruitment covers only a small part of their manpower needs but it has opened a new window of opportunity to students wanting to make a career in banks. From campuses banks are taking MBAs from different disciplines, agriculture graduates, chartered accountants etc.

Job Satisfaction as a Banker

Dear friend as a banker, you will find a true job satisfaction as you have to help needy people to get loans for starting business, pursuing higher education, loans for buying home, car, bike etc. you bring happiness to many families in real terms you are helping them to stand on their foot.

1. You’re helping poor women save their money away from their drunkard husband and so on….
2. Banks help the economic growth in small towns and large villages=> prevent migration to metropolitans and subsequent problems related to slums etc.
3. Thus, a Banker is also doing an essential public service– just like doctor and policeman.
4. So, Apart from good salary, there is job satisfaction, the feeling of having done something good for another fellow Indian.
5. All that is necessary for the triumph of evil is that good men do nothing. e.g. subprime crisis in USA because banks were run by idiots. Indian banking sector is immune from such shocks because by and large the officials are diligent in their work.
6. In way this is just like politics- if good men stop coming then idiots will get in charge and ruin everything. If all good folks stop joining police force then only crooked will don the uniform, criminals don’t fear police anymore and that’s why all the riots and gangrapes.
7. Same way, if good folks don’t join public sector banks and since private banks not interested in serving rural areas= poor people will keep suffering at the hands of evil money lenders, no rural growth, severe problem related with urban migration and abject poverty.

Conclusion

Public sector banks may not offer fancy financial packages which multinational and few other companies offer. But the compensation in these banks with the recent wage revision including perquisites is quite good. And there is an element of job security too. The housing and medical facilities are also considered attractive.

Public Sector Banks in India

Punjab National Bank

Bank of Baroda

Bank of India

Canara Bank

Allahabad Bank

Andhra Bank

Bank of Maharashtra

Central Bank of India

Corporation Bank

Dena Bank

Indian Bank

Indian Overseas Bank

Oriental Bank of Commerce

Punjab and Sind Bank

IDBI Bank

Bhartiya Mahila Bank

Syndicate Bank

UCO Bank

United Bank of India

Union Bank of India

Vijaya Bank

State Bank of India

State Bank of Hyderabad

State Bank of Patiala

State Bank of Mysore

State Bank of Bikaner and Jaipur

State Bank of Travancore.

All the Best to fellow Banking Aspirants!!

Jobs and Salary After BCA

Jobs and Salary After BCA (Bachelor of Computer Applications)

A BCA degree can take you places. With a bachelor’s degree in computer applications, you can find a reasonably good start in the Information Technology industry. BCA holders get job in IT segments like software Services, Business Process Management (BPM/BPO), engineering services and computer hardware. Entry level BCA job salary can be between 18,000-25,000 INR per month after you complete a short training. You can apply to businesses involved in IT and ITES segments both in the private and public sector. With your BCA certification, you’ll also be eligible to apply jobs to companies and organizations engaged in other commercial segments including but not limited to banking, energy, telecommunications, and engineering. Since IT professionals are required for running the essential automation in almost all establishments, big or small, your chances of landing an entry-level position within a short period of completing your BCA are also very high.

Overview of Jobs and Salary After BCA

You can expect to start Job after BCA degree with a monthly salary of at least 15,000-18,000 INR (which could be more if you’re employed by an established organization like WIPRO, TCS or Infosys). Needless to say, your remuneration will go up substantially as you become more experienced.

Additionally, if you earn a MCA degree or go for specialization in a computer language program like JAVA, ORACLE or C++ while carrying on with your job, your salary will receive a hike. So, if you begin with a monthly pay of say, 18,000 INR, your remuneration will be nearly doubled after you complete your MCA program.

[Click to Know MCA Salary in India ]

Job Opportunities Areas after BCA Course

Following are some of the employment opportunities or segments for computer application graduates.

• Graphics
• Banks
• BPO
• Multimedia
• Faculty in training institutes and schools
• Electrical and Electronics OEM
• Financial Institutions
• Desktop Publishing
• Government Departments and Agencies
• Software Development
• System Maintenance
• Security and Surveillance
• Software Programming
• Game Design, Testing and Development
• Mainframe
• Website Design

Median BCA Job Salary by Profile

(BCA – Entry Level)

Job Title	Average Salary Range (Per Month)
Software Developer Trainee	Rs.17333
Trainee Programmer	Rs.17833
Ecommerce Executive	Rs.21000
Technical Support	Rs.22200
Server Monitoring	Rs.18500
Networking Trainee	Rs.16500
System Administrator-Computer	Rs.20500
Server Administrator	Rs.21560
Software Engineer Trainee	Rs.19500
Bank Operations	Rs. 22250
IT Recruiter Trainee	Rs. 18500
Online Marketing	Rs. 22000
Search Engine Marketing	Rs. 19500
Data Administration	Rs. 22000
IT Executive	Rs. 21200
Online Sales Admin	Rs. 20000
Inventory Management Online	Rs. 19600
Backoffice Operations	Rs. 17500
Non Voice Process	Rs. 16200

After BCA Jobs 2017

BCA Jobs 2017

List of latest BCA Jobs 2017 (258 Vacancies Openings)

Last Date	No. of Vacancies	Company	Job Profile	Qualification	More Detail
20-Jan-2017	-	Synthesis healthcare Services	Fresher	B.E / B.Tech / BBA / B.Com / B.Sc	Full Details
30-Jan-2017	105	Goa Shipyard Ltd	Office Assistant, Trainee & Other Posts	8th / 10th /12th / BCA/B.Sc/BBA	Full Details
31-Jan-2017	99	BARC	Stipendiary Trainee	10th /12th / BCA/B.Sc	Full Details
08-Feb-2017	54	Center for Railway Information System	Junior Software Engineer & Junior Network Engineer	Diploma /Graduation / BCA /B.Sc	Full Details

Highest Paying Bank Jobs in India

Bank jobs both government and private, are the most attractive jobs for any eligible candidate in India. These jobs come with

great pay, amazing perks and added benefits. With the growth of banking sector, the prospects and opportunities have increased commendably in the last few years, thereby presenting itself as an even more alluring career option.

Enlisted below are the highest Paying Jobs in India in the Banking sector:

Vice President:

The Vice President of the bank is responsible for communicating company strategy, attending board meetings, presiding over bank operations, overseeing revenue generation, maximizing profit, analyzing financial reports, preparing budget, attracting and retaining talented staff, identifying new business opportunities, etc. They need to have good interpersonal skills, management skills, problem solving and analytic skills, etc. The average salary of a bank’s Vice President is about INR 25 Lacs per annum.

Chartered Accountant:

For any good bank to achieve success, it requires an excellent chartered accountant who can devise brilliant financial system, ensure legal compliance and monitor accounting procedures. They take care of all the major financial and accounting issues of the bank. A chartered accountant needs to have exceptional mathematical and computing skills, problem solving skills, analytical skills, interpersonal and communication skills, negotiating skills, ability to work on deadline oriented work, etc. The average salary of a chartered accountant is about INR 7 -12 Lacs per annum.

Associate: 

A Bank Associate works to enhance the financial capital. They make different banking strategies, interact with customers, help them find appropriate bank services/ facilities for themselves, marketing the products and services of the bank, etc. The associate is required to travel from city to city for promotion as well. The skills required include communication skills, interpersonal and presentation skills, analytic skills, etc. The average salary of a bank associate is about INR 7 Lacs per annum.

Director:

The job of the Bank Director is one of the top end jobs in this sector. The job responsibilities of the Director includes promotion and marketing of the bank and its products/ services; interacting with clients and resolving conflicts; monitoring the sales target; ensuring high levels of customer service; etc. The skill set required for the job includes leadership skills, communication skills, problem solving skills, etc. The average salary of a bank director is about INR 15.2 Lacs per annum

Managing Director:

It is a senior level executive job with important responsibilities and roles to play in the bank. The job profile of a Bank Managing Director includes working on business development, client retention and employee recruitment. They monitor all the operations in the bank, establish new contacts, interact with existing and potential clients, develop strategies for marketing, work towards profit enhancement, etc. Managing director also works as a link between various other departments. The essential skills required for a managing director include motivational skills, leadership skills, interpersonal and communication skills, management abilities, etc.

Investment Banker:

Investment Banker is responsible for handling all the present investments and finance of the client, whether an individual or an organization. They also provide investment related advice. Investment Banking is one of the most promising and thriving career options in the present scenario. A lot of young people are now attracted to this field. On average, the salary of an investment banker in India is about INR 7.38 Lacs per annum.

Financial Analyst:

Another high paying bank job in India is that of the financial analyst. The basic job duties of a financial analyst is to carry out financial analyses and evaluate financial models to help the bank in making investment related decisions. They are also responsible for identification of potential market and market trends. A financial analyst need to have certain skill set which includes excellent computing skills, problem solving abilities, keen eye for detail, analytical skills, good presentation and communication skills, etc. The average salary of a financial analyst is about INR 4.5 Lacs per annum.

Assistant Bank Manager:

Another exciting job opportunity in the banking sector with a good pay is that of the Assistant Bank Manager. Their work responsibilities include monitoring all bank processes and services for smooth functioning of the system, preparing daily schedules and duties, training newly hired employees, preparing budget of bank expenses, dealing with customers and their complaints, etc. An assistant manager needs to have leadership skills, communication and interpersonal skills, customer service skills, analytical skills, etc. The average salary of an assistant bank manager is about INR 5 Lacs per annum.

Bank PO:

Bank Probation Officer (PO) is one of the entry level jobs with quite a good pay for freshers in the banking field. The basic responsibilities and functions of a Bank PO is to resolve any conflict, handling daily customer transactions, cash management, draft insurance, etc. A Bank PO must have good communication and interpersonal skills. They must have training in finance, marketing, accounting and investment. The average salary of a bank PO is about INR 3.6 Lacs per annum.

The salary may vary depending on the organization you are working with, your level in that post, your qualification and experience, whether you are in public or private sector, etc. Nonetheless, bank jobs are the most profitable jobs and a booming career option.

Best jobs in the india

A lucrative job is expected by each and every individual.

• So lets see what are the Top 10 Highest Paying Jobs in India:
• 1.) Management Professionals:
• 2.) Investment Bankers:
• 3.) IT & Software Engineers:
• 4.) Chartered Accountants:
• 5.) Oil and Natural Gas Sector Professionals:
• 6.) Medical Professionals:
• We often read news about people getting high package jobs in lacks and crores from different esteemed companies. Have you ever thought what makes them eligible for this and what are those jobs which have high pay scales.  The qualification, knowledge, Institute and the attitude of the candidate are the things that get a high paying job. There are various companies and government organizations that pay top most salary to deserving people. A lucrative job is expected by each and every individual.

• So lets see what are the Top 10 Highest Paying Jobs in India:

  1.) Management Professionals:

  Though there are large number of small time b-schools offering degrees in management but those coming from premier institutes such as IIMs, IITs, XLRI, FMS, IIFT and Symbiosis earn higher salaries, enjoy more significant jobs roles and fast-track career paths. Generally they start their career as Management Trainee and undergo 6 months-1 year of extensive training. Most of the big companies have well-structured training programs for the new recruits to groom them into future leadership positions. The pre-placement offers are made on the campus with pay packages as high as INR 20-24 Lakhs per Annum. Financial services and management consulting firms are the top recruiters for the talent. The lowest salary packages are also to the tune of INR 7-9 Lakhs per Annum.

  Here are the Highest Paying Jobs after MBA

  
  

  2.)  Investment Bankers:

  The career of an investment banker generally follows a standard path with five levels including Analyst, Associate, Vice President, Director and Managing Director. Salaries for the different levels look something like this – INR 5-9 Lakhs per Annum for Analyst, INR 7-13 Lakhs per Annum for Associate and INR 10-40 Lakhs per Annum for Vice President. The popular employers are Goldman Sachs, JP Morgan Chase, Deutsche Bank, Globeop Financial Services Ltd and HSBC.

• 3.)  IT & Software Engineers:    

  For a trainee software engineer who is a fresh college pass out the salary falls somewhere between INR 1.5 to 2.5 Lakhs per Annum. This increases as one climbs up the career ladder – with a figure of INR 3.0 to 6.0 Lakhs per Annum for software engineer/programmer analysts, INR 4.5 – 10.0 Lakhs per Annum for senior software engineer, INR 6.0 – 13.0 Lakhs per Annum for project lead and INR 8.0 – 19.0 Lakhs per Annum for program manager. In addition to the high salaries, there is lot of international assignments which requires travel to different countries for the talented ones. One has to keep oneself constantly updated with the newer skills and emerging technologies so as not to become an obsolete resource.

  Highest paid IT jobs in India.

  
  

   4.) Chartered Accountants:   

   Based on the personal strengths and aspirations one can choose from the numerous opportunities available for a fresh CA. A chartered accountant can work in different areas of financial accounting, tax management, auditing, cost accounting, banking and consultancy. They have to be the certified members of the Institute of Chartered Accountants of India (ICAI). E&Y, Deloitte, PWC and ICICI Bank are some of the good pay masters for CA jobs in India. A fresh CA can earn anything between INR 5-7 Lakhs per Annum. With the increase in the number of years and depth of experience the salaries also increase to as high as INR 18-24 Lakhs per Annum for those with additional MBA degree in finance.

   Here is complete details about  Chartered Accountant Careers and Jobs.

  5.) Oil and Natural Gas Sector Professionals:  

  At entry level, one can expect a salary of around INR 3.5 to 6 Lakhs per Annum. In India, there is lot of jobs in PSUs such as ONGC, IOCL and Bharat Petroleum for those looking at job security.  PSUs offer salaries as per Sixth Pay commission with additional perks and benefits. The salaries are sky high in private sector with top employers such as British Gas, Reliance Energy, Halliburton, Schlumberger and Shell. Those with 5-6 years of experience and graduating from premier institutions with high degrees earn as high as INR 15-20 Lakhs per Annum.

• 6.) Medical Professionals:                

  These professionals like doctors have perennial demand. Moreover, specialization in specific fields can give them unexpected return. Doctors can earn from private practice, standalone surgeries and more.It is known to all that an able surgeon is in constant demand and he gets his fees irrespective of his employment with other agencies. Even dentists get money which was not available to them three decades back.The minimum salary, if employed can be estimated to be around Rs.4.5Lakh to 6 Lakh per year and for a specialized surgeon it could be double.  However among Medical professionals, general and thoracic surgeons, psychiatrists and gynecologists earn highest.

  Here is the list of careers in medical field and career options is science after 12th.

  7.) Aviation Professionals:  

  The commercial airline sector has seen a boost in the recent past. There is a constant demand for qualified pilots, ground staff, stewards, air hostesses, etc. Average salaries for both jumbo pilots and regular pilots (in cargo or passenger airlines) range between 7 Lakhs to 9.5Lakhs INR. Airline stewards and air-hostesses draw somewhere between 4 Lakhs to 6Lakhs INR. Air traffic controllers get 5Lakhs to 6Lakhs INR  Lakhs per Annum.

   Also Read Career Options in Airline Industry

  8.) Modeling & Acting :

    Depending on the role, a new comer gets anything between INR 2,000 – 10,000 per episode and a more experienced actor can earn INR 10,000-2, 00, 000 per episode in TV shows. A debutante in film industry can get somewhere between INR 5-50 lacs as per the role and film budget. Modeling assignments vary from fashion shows, print ads for magazines, TV commercials and billboard advertisements. A fresher can charge anything between INR 5, 000 to 10, 000 and a well-established model gets INR 25, 000 to 50, 000 per assignment or even more. Some of the successful actors in Tamil and Hindi film industry get paid in crores.

  Also Read about career options  in modeling..

  9.) Law professionals:

  Salaries for law professionals vary broadly as per their employer and track record. Generally in public sector the salaries as per the government norms while those working with private law firms gets hefty amounts – INR 6-9 Lakhs per Annum for fresh National law school graduates and INR 10-15 Lakhs per Annum for those with 4-6 years of experience. Those who choose to work privately as advocate or consultant earn based on the number of clients and complexity of cases received.  AZB & Partners, Luthra & Luthra and Amarchand Mangaldas are prominent law firms in India. Those interested in Corporate Law can work in the legal departments of various MNCs which also pay good salaries.

  Here is the list of best career options in Law..

  10.) Business Consultants:

    The job of a consultant entails understanding the client requirements, research clients’ industry; locate data points to support the business case, perform competitor and industry benchmark analysis, documentation, recommendations and preparing business presentations for the client. Generally the career path of a consultant moves from analysts, consultant, senior consultant, manager/project lead, partner and vice president/director. Salaries for those with less than 1 year of experience is INR 4.0 – 6.0 Lakhs per Annum and as the experience in increases salaries figure also go to as high as INR 12-18 Lakhs per Annum for those with 5-7 years of experience. Life insurance/disability, paid sick leave, relocation expenses, global exposure and free health club membership are additional perks offered by the top consulting firms in India to its employees. McKinsey, Accenture, BCG, KPMG are the employers of choice in management consulting field. Apart from all these professions we have politicians, sportsmen, actors and persons in the media fields, whose earnings may be periodical but very high. However, this compensation package depends on different regions of India and its cost of living.To be precise topnotch jobs and money paid depends on the organization and necessity of the individual.

The 8 Best Jobs in the World

Tags: 

Work, Dream Job, Ice Cream, Ben & Jerry's, Disney

They say if you choose a job you love, you’ll never have to work a day in your life. As children, almost everyone knows exactly what they want to be when they grow up, and some of these dreams are truly creative. Luckily, there are plenty of jobs nowadays that will let you live out these dreams without ever feeling like you’re at work. Almost none of these positions existed a few decades ago - so even if your personal dream job is not on the list there’s a good chance you could just invent it yourself.

1. DISNEY IMAGINEER

Estimated pay: $30,000-$130,000 per year

Location: North America & Asia

Difficulty: You actually need to be an engineer for this: 8

Job Description: The official job description for a Disney Imagineer (imagination + engineer) includes the term "dreamers and doers," so you already know where this is headed. As an imagineer you are tasked with dreaming up your wildest ideas and make them a reality at Disney amusement parks around the globe. If you like to dream big and make millions of people smile with your creations, this is the job for you. 

2. PROFESSIONAL CUDDLER

Estimated pay: $30,000-$100,000 per year

Location: Anywhere you like

Difficulty: You’re literally getting paid to hug people: 2

Job Description: The first professional cuddle cafe opened in Japan a few years ago - and they’ve already made their way across the ocean where most professional cuddlers work as freelancers. The job is exactly what it sounds like, people pay you to cuddle for up to an hour, so if you’re a hugger and cuddler, this is your dream come true. There is even a convention for cuddlers, and one cuddle pro is working on a certification process.

3. PRIVATE ISLAND CARETAKER

Estimated pay: $15,000-$120,000 per year

Location: Some lonely island, far away from civilization

Difficulty: Private islands need lots of upkeep, but your downtime is on an island: 5

Job Description: With the growing trend among the super rich to buy private islands comes a growing demand in caretakers for these tropical paradises. If you are lucky enough be chosen for this privileged work, you will spend your days in locations others can only dream of visiting - and you’re even getting paid for it.

4. BEN & JERRY'S FLAVOR GURU

Estimated pay: $40,000-$200,000 per year

Location: United States

Difficulty: Most gurus have a background in food science: 6

Job Description: Your childhood dreams have finally come true and you can now officially become a Ben & Jerry's Flavor Guru. This job entails blending ice cream, candy, and all types of syrupy goodness into the perfect dessert, then tasting obscene amounts in the name of "quality control." Sounds unhealthy? Maybe, but you will be the happiest person on earth.

5. WATER SLIDE TESTER

Estimated pay: Around $26,000 per year

Location: Around the world

Difficulty: You go down waterslides all day: 4

Job Description: This is one of those things that only children can dream up, but wouldn't you know it - it's an actual job. There is a little more to this position than just slipping down water slides though. You check the height, speed, water quantity and landing of the flumes. But between all the safety checks, there is plenty of time to have a whole lot of fun.

6. PROFESSIONAL NETFLIX WATCHER 

Estimated pay: Around $20,000 per year

Location: At home

Difficulty: Your main challenge will be not falling asleep: 2

Job Description: Yes, there is actually a small select group of individuals who literally get paid to sit on the couch all day and watch Netflix. A Netflix tagger's job is to sift through massive amounts of shows and movies, and categorize them based on nuanced emotional facets that a computer might not be able to catch. If you've ever wondered how Netflix seems to know what you like, even if you don't even know yourself yet, these are the people responsible.You won't get rich doing it, but if watching Netflix is your thing, this might just be your personal dream job.

7. LUXURY BED TESTER

Estimated pay: Around $20,000 per year

Location: Luxurious hotels around the world

Difficulty: Your job is to sleep in comfy beds: 0

Job Description: You probably joked about this a million times. There are actually people out there who get paid to sleep in the most luxurious beds in the world and then report on their experience. If you'd rather spend less time in bed, the HolidayInn in London tested a new service where people can order a human bed warmer who will get into their beds and pre-warm the bed before sleep.

8. PROFESSIONAL TRAVELER

Estimated Pay: Around $50,000 per year

Location: Planet earth

Difficulty: Traveling a lot can be tough, but you get to see the world for free: 4

Job Description: Who wouldn't like to be on vacation for ever. Well, now you can - as a professional traveler. In 2009, TheBigTrip.com was looking for candidates to be a travel correspondent for the site with all travel expenses paid and full health insurance - in addition to the salary mentioned above. One lucky employee actually got to travel the US for 12 weeks while writing a travel blog and hosting webisodes for the site.