These are Capital goods’ highest paid jobs: Which Careers Are Best For You?
Equipment that is purchased and sold to create value is referred to as a capital good. Equipment like compressors, generators, and forklifts are among these capital items. Compared to consumer goods, capital assets have a longer life cycle. The projected life of these capital items is five to seven years before they are no longer useful.
Your average annual pay in the capital goods industry is between $40,000 and $100,000 from the moment you start working there until you retire from it. As a result, some people may have difficulty finding the best paid positions in capital goods while others may not.
In addition to money, other considerations when deciding which career paths would pay you well include the amount of training necessary and the employment prospects that will be accessible to you once you leave the profession.
How Many Jobs Are Available In Capital Goods Sector?
For those interested in a career in this sector, there are numerous job opportunities accessible. Manufacturing, engineering, and construction positions can all be found in the capital goods sector. There are lots of employment openings in the capital goods industry, and since there are so many employers, you can find a position that matches your skills and interests.
In conclusion, there are approximately 1.3 million job openings in capital goods sector.
Capital Goods Salaries
The table below shows the best-paying jobs and their salaries in the capital goods industry in no particular order.
| Position | Salary per anum |
| Manufacturing Director | $210,000 |
| Director of Finance | $120,000 |
| Research Methodology Manager | $135,000 |
| Mechanical Engineer | $93,000 |
| Industrial Designer | $75,000 |
| Sales Engineer | $86,000 |
| Training and Development Manager | $120,000 |
| Supply Chain Manager | $120,000 |
| Quality Assurance and Control Manager | $88,000 |
| Chief Risk Officer | $150,000 |
| Research and Development Manager | $125,000 |
| Project Manager | $89,000 |
| Engineering Manager | $110,000 |
| Software Engineer | $120,000 |
| Credit Controller | $200,000 |
| Business Development Manager | $95,000 |
| Marketing Manager | $98,000 |
| Customer Service Representative | $87,000 |
Top 20 Best Paying Jobs In Capital Goods
- Engineering Manager.
- Product Development Engineer.
- Mechanical Engineer with a Master’s Degree.
- Electrical Engineer.
- Quality Assurance and Control Manager.
- Industrial Designer.
- Research and Development Manager.
- Sales Engineer.
- Marketing Manager.
- Computer-Aided Design Technicians.
- Robotics Engineer.
- Manufacturing Manager.
- Director of Manufacturing.
- Director of Finance
- Manufacturing Engineer.
- Senior Mechanical Engineer.
- Business Development Manager.
- Chief Risk Officer
- Warehouse Worker.
- Supply Chain Manager
1. Engineering Manager
Do you need one of the best paying jobs in Capital goods? the go for Engineering manager. Management of engineering activities in a corporation is the responsibility of engineering managers, who plan, direct, and coordinate engineering activities. They often hold a bachelor’s degree in engineering and have several years of professional experience in the industry. Typically, engineering managers make a salary of $103,000 per year on average.
2. Product Development Engineer
Manufacturing engineers are in charge of the design and supervision of the manufacturing process for a product’s manufacture. They often hold a bachelor’s degree in engineering and have several years of professional experience in the industry. In the United States, manufacturing engineers earn an average annual salary of $82,000. You may need to have a knowledge of convert marketing.
3. Mechanical Engineer with a Master’s Degree
Senior mechanical engineers are in charge of the design of products as well as the supervision of the product’s manufacturing process. They often hold a bachelor’s degree in engineering and have several years of professional experience in the industry. In the United States, senior mechanical engineers earn an average annual salary of $92,000.
4. Electrical Engineer is a professional who works in the electrical field.
Electrical engineers are in charge of the design and supervision of the electrical systems in a business organization. They often hold a bachelor’s degree in engineering and have several years of professional experience in the industry. A salary of $84,000 per year is the average annual income for electrical engineers.
5. Quality Assurance and Control Manager
Quality control managers are in charge of ensuring that products satisfy the high standards set by the company in which they work. They often hold a bachelor’s degree in engineering or a closely related subject, as well as several years of relevant experience. Quality control managers earn an annual income of $88,000 on average, according to Payscale.
6. Industrial Designer
One of the best paying jobs in capital goods is product designer, A product designer’s job entails conceptualizing and developing goods. They normally have a bachelor’s degree in industrial design as well as several years of experience in the field of industrial design. In the United States, an industrial designer earns an average annual pay of $74,000.
7. Research and Development Manager
Research and development managers are in charge of the planning, directing, and coordinating of research and development activities inside a company’s organization. They often hold a bachelor’s degree in engineering or a closely related subject, as well as several years of relevant experience. In the United States, research and development managers earn an average annual income of $115,000.
8. Sales Engineer
Sales engineers are in charge of bringing products to market and closing sales. They often hold a bachelor’s degree in engineering or a closely related subject, as well as several years of relevant experience. In the United States, sales engineers earn an average annual salary of $87,000.
Find out more about covert marketing here: What Is Covert Marketing?
9. Marketing Manager
The planning, direction, and coordination of marketing activities within a company are the responsibilities of marketing managers. They often have a bachelor’s degree in marketing or a similar subject, as well as several years of relevant work experience. Marketing managers make an average of $97,000 per year in pay, according to Payscale.
10. Business Development Manager
Managing business development operations in a corporation is the responsibility of business development managers, who plan, direct, and coordinate business development efforts in the organization. They often have a bachelor’s degree in business or a closely related subject, as well as several years of relevant work experience. In the United States, business development managers earn an average annual compensation of $96,000.
These are the highest-paying occupations in the capital goods industry.
