If you are looking for a high-paying job in capital goods, you have to look into the capital goods industry. This industry has a wide range of departments where you are able to pursue different high-paying career chances.
However, if your goal is to get one of the best paying jobs in capital goods, you have to review capital goods salaries and labor market demands. Also, you need to review the necessary qualifications for the job in question. Here, you are going to find everything you need to know about the best paying jobs in capital goods. After you have all the necessary information, it is easy to consider your options and make the right choice.
The Best Paying Jobs in Capital Goods
Here are some the best paying jobs in Capital Goods:
- Engineering Manager
Average Salary: $149,530
An engineering manager at a capital goods company coordinates, directs, and plans for engineering projects. Also, the company’s engineering department can be improved through planning by an engineering manager. They must have an undergraduate degree in engineering and many years of experience.
- Marketing Manager
Average Salary: $141,490
A Marketing manager must understand well the industry demands of capital goods companies. A marketing manager for capital goods businesses must design, develop, and execute marketing programs to get the new customers and keep existing ones. Marketing managers and Salespeople collaborate on product pricing. A marketing manager has to hold a Bachelor’s Degree in Marketing or Advertising.
- Sales Manager
Average Salary: $132,290
A team of sales representatives has to sell a capital goods product under the supervision of a sales manager. To do that, the sales managers have to understand the production process deeply. Also, the sales managers have to carry a Bachelor’s Degree in Economics, Business, or a related discipline to evaluate the chance and marginal costs of the products.
- Business Analyst
Average Salary: $122,000
A business analyst must review corporate statistics to predict trends and patterns as well as recommend ways to improve performance. Aside from that, the business analysts may be involved in project management and process improvement. A Business Analyst has to hold a Bachelor’s Degree in a quantitative field like economics, finance, data science, statistics, computer science, information management, or a similar field.
- Human Resource Manager
Average Salary: $120,000
Human Resource Managers lead Human Resource teams, oversee recruitment and selection processes, as well develop and implement Human Resource policies and procedures. Aside from that, Human Resource Managers may be involved in employee training and development and the employee onboarding process. A Human Resource Manager has to hold a Bachelor’s Degree in Human Resources or a related field, such as business management, finance, or education.
- Software Developer
Average Salary: $110,140
The capital goods sector relies on technology jobs, such as software developers. In the capital goods sector, Software developers build computer apps and programs to create the company to operate more efficiently. Software developers are not directly involved in production factors. However, they help capital good companies to stay profitable. A software developer has to hold a Bachelor’s Degree in Computer Science or a related field.
- Electrical Engineer
Average Salary: $103,390
In the capital goods sector, Electrical engineers have to develop and fabricate all the electrical infrastructure required for the capital goods production. Also, Electrical engineers have to develop and produce electrical components for equipment used in production and maintain all the custom-built equipment. The Electrical Engineers have to hold a Bachelor’s Degree in Electrical Engineering or a related field.
- Training and Development Manager
Average Salary: $97,000
Because the capital goods companies deal in specialty items such as electronic manufacturing technology or chemical shipping infrastructure, then Training and Development Managers are responsible for training and developing other employees. This is a crucial job because capital goods firms sell specialty items. The Training and Development Managers must have a Bachelor’s Degree in Training and Development or a closely related subject.
- Mechanical Engineer
Average Salary: $90,160
In the capital goods sector, Mechanical engineers have to design, develop, and test machines required for producing capital goods. Also, Mechanical engineers have to ensure that the production process for their devices meets industrial standards or client specifications. Aside from that, Mechanical engineers also have to provide technical services to the capital goods sector, which is important. A Mechanical Engineer has to hold a Bachelor’s Degree in Mechanical Engineering or Mechanical Engineering Technologies.
- Industrial Engineer
Average Salary: $88,950
In the capital goods sector, Industrial engineers have to ensure that machines are in good working order. Besides maintaining devices, Industrial engineers also design production processes in a factory space to maximize productivity by streamlining them. An Industrial Engineer has to hold a Bachelor’s Degree in Industrial Engineering or a related field.
Some Resources to Discover the Best Paying Jobs in Capital Goods
When it comes to finding the best paying jobs in the capital goods sector, there are some resources that can help you make the right decision.
Here are some resources to find the best paying jobs in Capital goods:
- The U.S. Bureau of Labor Statistics
This government resource is a great site to start your research on any industry, including the capital goods sector. Here you are able to find detailed information on job outlooks, median salaries, and more.
This popular site allows the users to submit information on their salaries anonymously, as well as read reviews of the different employers. This will be a good way to get insight into which firms in the capital goods sector are offering the best pay and benefits packages.
PayScale is another great resource for researching salary information. It provides detailed data on what different positions in the capital goods sector pay across different regions of the country.
While not a salary research tool specifically, LinkedIn can be a good way to network with professionals in the field and also learn about different companies which are hiring in the capital goods sector.