The demand for capital goods is growing at a rapid pace. In Capital goods, many jobs are available, as these are crucial for businesses and industries. Some of these jobs include engineering, manufacturing, and construction. Moreover, capital goods make up a huge economic sector, and there are many chances for people who want to work in this field.
How Many Jobs Are Available in Capital Goods?
Due to the immense variety of capital goods in the market, there are many job opportunities available in the capital goods industry. The U.S. Bureau of Labor Statistics (BLS) reports that there are approximately 1.3 million job openings in the capital goods industry of which about 150,000 are manual labour occupations. It means that there will be around 900,000 jobs in the capital goods sector that will need to be filled.
Most of the jobs available in capital goods are white-collar jobs which require specialized skills, such as a manufacturing engineer or a computer programmer, however there are plenty of blue-collar jobs as well, such as manufacturing technicians and vehicle drivers. Basically, capital goods workers are able to discover plenty of opportunities for a good career path regardless of their job. As long as you have the necessary abilities or skills, finding and excelling at a job in capital goods will be relatively easy.
Some Top Capital Goods Jobs
Here are some top Capital Goods jobs:
- Engineering Manager
At a capital goods company, an engineering manager must coordinate, direct, and plan for engineering projects. Also, by an engineering manager, the company’s engineering department can be improved. An engineering manager must have an undergraduate degree in engineering and many years of experience. For your information, the average salary for an engineering manager is $149,530.
- Marketing Manager
A Marketing manager has to understand the industry demands of a capital goods company well. Also, a marketing manager at a capital goods company must design, develop, and execute marketing programs to get new customers and keep existing ones. Marketing managers and Salespeople will collaborate on product pricing. As the marketing managers, they have to hold a Bachelor’s Degree in Marketing or Advertising. For your information, the average salary for a marketing manager is $141,490.
- Sales Manager
Under the supervision of a sales manager, a team of sales representatives must sell a capital goods product. To do so, the sales managers have to understand the production process. Also, the sales managers have to hold a Bachelor’s Degree in Economics, Business, or a related discipline to evaluate the chance and marginal costs of the products. For your information, the average salary for a Sales manager is $132,290.
- Business Analyst
At a capital goods company, a business analyst will review corporate statistics to predict trends and patterns, as well as recommend ways to boost performance. Aside from that, a business analyst may be involved in project management and process improvement. They have to hold a Bachelor’s Degree in a quantitative field like economics, finance, data science, statistics, computer science, information management, or a similar field. For your information, the average salary for a business analyst is $122,000.
- Human Resource Manager
Human Resource (HR) Managers lead Human Resource (HR) teams, oversee recruitment and selection processes, as well develop and implement Human Resource (HR) policies and procedures. Also, Human Resource (HR) Managers may be involved in employee training and development and the employee onboarding process. A Human Resource (HR) Manager has to hold a Bachelor’s Degree in Human Resources or a related field, such as business management, finance, or education. For your information, the average salary for a Human Resource (HR) Manager is $120,000.
- Software Developer
The capital goods sector will rely on technology jobs, such as software developers. In the capital goods sector, Software developers have to make computer apps and programs to create the firm to operate more efficiently. Apparently, the software developers are not directly involved in production factors. However, they are going to help capital good companies to stay profitable. As a software developer, you have to hold a Bachelor’s Degree in Computer Science or a related field. For your information, the average salary for a Software developer is $110,140.
- Electrical Engineer
At the capital goods sector, Electrical engineers must develop and fabricate all the electrical infrastructure required for the capital goods production. Also, the Electrical engineers have to develop and produce electrical components for equipment utilized in production and maintain all the custom-built equipment. As the Electrical Engineers, they have to hold a Bachelor’s Degree in Electrical Engineering or a related field. For your information, the average salary for an Electrical Engineer is $103,390.
- Training and Development Manager
A capital goods company deals in specialty items such as electronic manufacturing technology or chemical shipping infrastructure. Here, the Training and Development Manager is responsible for training and developing other employees. This is a vital job because capital goods companies sell specialty items. As the Training and Development Managers, they must have a Bachelor’s Degree in Training and Development or a closely related subject. For your information, the average salary for a Training and Development Manager is $97,000.
- Mechanical Engineer
In the capital goods sector, Mechanical engineers will design, develop, and test machines required for producing capital goods. Also, they will ensure the production process for their devices meets industrial standards or client specifications. Aside from that, they also have to provide technical services to the capital goods sector. They have to hold a Bachelor’s Degree in Mechanical Engineering or Mechanical Engineering Technologies. For your information, the average salary for a Mechanical engineer is $90,160.
- Industrial Engineer
Industrial engineers will ensure machines are in good working order. Besides maintaining devices, Industrial engineers also have to design production processes in a factory space to maximize productivity by streamlining them. An Industrial Engineer must hold a Bachelor’s Degree in Industrial Engineering or a related field. For your information, the average salary for an Industrial engineer is $88,950.
How to Look for Jobs in the Capital Goods Sector Online?
For those who are unsure about applying for jobs online in capital goods sectors, please follow the steps below and find your dream job.
- Develop a resume highlighting your abilities or skills and experience in the capital goods sector.
- Use online job search engines like Glassdoor or Indeed to find job postings and apply online.
- Network with professionals in the capital goods sector to learn regarding available positions and networking chances.