How Much Do Fellows Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary fellows make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for fellows and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of fellows are offering as compensation.
Keep reading to learn more about how much fellows can expect to make in the United States.
At a Glance: Salary & Jobs for Fellows
According to data from 2023, there were about 253,542 positions for fellows in the United States. In terms of salary, the national median salary for fellows was reported to be $106,475. Additionally, when examining job demand, employers across the country posted 21,697 job postings related to positions for fellows.
How Much Money Do Fellows Make?
Median salary is just one data point. To build a better understanding of how much money fellows and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for fellows.
Annual Salary for Fellows
According to the BLS, the lowest earners for fellows and related professions earned about $62,483 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $188,822 annually.
As mentioned previously, the median salary for fellows in the United States in 2023 was $106,475.
Annual Salary Range For Fellows In 2023
Hourly Salary for Fellows
The BLS also breaks down compensation for fellows by hourly salary, and the median average hourly pay for fellows in 2023 was $51. Lowest hourly earners took home $30 while the highest reported hourly salaries for fellows was $91.
Hourly Salary Range For Fellows In 2023
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Advertised Compensation for Fellows
Data from the BLS is one way to dig into compensation for fellows, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for fellows.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Fellows
Advertised Annual Salary
During a review of 25,723 job postings related to fellows, advertised salary was included in 8,299 of them, which was 32%. Based on those postings, the median advertised salary for fellows was $70,528 per year.
Hourly Salary from Job Postings for Fellows
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for fellows. Based on 38% of postings with advertised compensation, the median hourly salary for open positions for fellows in the United States is about $34.
Salary Trend for Fellows
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for fellows. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for fellows dating back to September 2020, advertised salaries for fellows have increased 19%.
Advertised Wage Trend For Fellows
What's the Job Growth for Fellows?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for fellows over the next 10 years.
According to the data obtained through Lightcast,™ there were 253,180 jobs for fellows in the United States in 2023. By 2033, it is expected that about 25,835 jobs will be added. That's a 10.2% increase over the next 10-year period.
Employment Projections For Fellows
Additional Links
Ready to dig deeper into career information about fellows? Visit our other pages focused on salary and education for fellows.
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