Are you looking for a job in the capital goods industry? In this article, we will outline the 10 best paying jobs in capital goods.
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However, this is just one of the few articles about career and realistic ways to plan ones earning path.
Definitely, it is another money making page for you to read about.
Ready to know about the paying capital goods jobs, please read on…
What are Capital Goods Jobs?
Capital goods are goods used in the production of other products but are not incorporated into the products.
For instance: After the harvest of rice, processing takes place in the factory.
Those machines used for processing of rice are not incorporated into the rice. Hence, they are capital goods.
What are capital goods industry example?
Aside from the rice processing machines used as example of capital goods, others include:
- Machine tools
- Industrial machinery
- Electrical equipment
- Printing and packaging material
- Construction and mining equipment.
At least with this examples, you should now have an idea what capital goods mean.
Do Capital Goods Jobs Pay?
There are jobs in the capital goods industry, usually requiring machines and machinery expertise.
Capital good jobs are high paying; some having a salary of up to 6 figure monthly income.
On the long run, we will detail the price of each of the capital goods jobs.
What Companies Are In The Capital Goods Field?
Here are the companies you can work with if you are looking to find a career in the capital goods niche:
- Automotive industry
- Chemicals industry
- Electronics industry
- Machinery industry
- Textile industry
How Many Jobs Are Available In Capital Goods?
Hundreds of jobs are available in capital goods. However, just like every industry, there are the high ticket and the low ticket jobs too.
The kind of job you will be getting depends on your career and expertise. Even though you can still be one of the highest paid in the industry.
Best Jobs In The Capital Goods Industry
- 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.
Best Paying Jobs in Capital Goods
Below is a list of the best paying jobs in capital goods and their average yearly salary.
1. Engineering Manager
Engineering Managers are set of people in charge of planning, directing, coordinating and organizing engineering activities.
They have had several experience in the engineering field and ussuaky hold Baschelor in engineering.
Engineering managers make a salary of $103,000 per year on average.
2. Product Development Engineer
Product development engineers are set of people in charge of creating new products. They creates, run and supervise new product manufacturing. And they are manageable of Convert marketing.
They have had several experience in the engineering field and ussually hold Bachelor in engineering.
In the US, Manufacturing managers make a salary of $82,000 per year on average.
3. Mechanical Engineer with a Master’s Degree
The senior Mechanical Engineer with Master’s degree are experts in the products management and creation sector too.
They take on more intensive projects than the product development managers. And like their name, they usually gave a master degree in Engineering.
The average yearly salary of Mechanical Engineer with masters degree is $92,000.
4. Electrical Engineer
These are the set of people in the electrical engineering field. They take on project around current and electrical systems in business in homes and businesses.
They usually have bachelor degree in electrical engineering and have several years of professional experience.
Their average yearly salary is about $84,000 per year.
5. Quality Assurance and Control Manager
Products or projects to be delivered to clients or businesses should be of the best quality and performance.
Quality assurance and control mangers helps to ascertain how quality a product is so that optimum performance would be delivered to clients.
They usually have a bachelors degree in engineering and a relevant, short, professional experience.
Similarly, their average monthly salary is always about $88,000 per year according to pay scale.
6. Industrial Designer
These are designers of products. They ascertain the UI/UX and the conceptual framework of new products.
They often have years of experience in the capital goods industry, plus a bachelor in engineering.
The average yearly earning of industrial managers is about $74,000 per month.
7. Research and Development Manager
From the name of the position, you should be able to depict that this people make extensive research, planning, directing and organizing for proposed projects and activisties un the company.
They usually have Bachelors degree and several years of experience in the research management field.
The average salary for research and development managers are $105,000 per year.
8. Sales Engineer
These set of people are in charge of planning marketing, bringing the products to the market and closing sales if products.
They usually have Bachelors degree in Engineering, plus a certification in sales and marketing. Also, they have several level of professional experience.
Sales Engineers earn an average of about $87,000 per month.
9. Marketing Manager
Now, we are moving out of the engineering realm. No business would have survived without proper selling and marketing.
A marketing manager will be in charge of planning and coordinating marketing activities, campaign and strategies.
They have a bachelor degree in marketing and sales. And must have a viable experience across the same marketing level.
According to pay scale, the average earning of marketing managers are about of $97,000 per year.
10. Business Development Manager
There are business development operations such as networking with other companies in the industry, holding a team seminar etc.
The Business development manager is always behind this development operations and organisation principles.
They usually have a Bachelor’s degree in business or business development. And also an experience around organizational business.
The average salary of Business development manager is about $96,000 per year.
What is the 1 highest paying Job?
If you are a director in any industry you’d be opened to earning the highest salary. Although CEOs can
Which field get paid the most?
As explained earlier, there are many job you can qualify for in Capital goods industry, depending on your qualifications, expertise and experience.
However the likes of Manufacturing director earns about $210,000 salary per year.
What do capital goods jobs pay
Of course, the amount you will be earning depends educational skills, qualifications and experience.
However, on a standard scale, you can earn an average of $50,000 – $90,000 per year as an employee in capital goods.
Do capital goods jobs pay
Yes, capital goods job pay very well.
The best paying jobs in the capital goods industry have been listed in this article. Which would you like to gain expertise in?