Top 34 best paying jobs in capital goods

Top 34 best paying jobs in capital goods

Top 34 best paying jobs in capital goods

34 Best Paying Jobs in Capital Goods 2022 | Is capital goods a good career path?

What are capital goods industry examples?

Capital goods are products that are used in the production of other products but are not incorporated into the new product. Some examples of capital goods include machine tools, industrial machinery, process plant equipment, construction and mining equipment, electrical equipment, textile machinery, and printing and packaging machinery.

In this article, we will explain in detail the Top Best paying jobs in capital goods. Employment in capital goods often comes with a high salary. You’ll be pleased to know that there are numerous well-paying positions available in this industry.

What companies are in the capital goods field?

These industries include the following:

  • Automotive industry.
  • Textile industry. 
  • Chemicals industry.
  • Electronics industry.
  • Machinery industry.

If you want to find the best-paying jobs in the capital goods industry, studying command economy ideas may give you an edge.

34 Best Paying Jobs in Capital Goods | Is capital goods a good career path

Do Capital Goods Jobs Pay well?

Depending on your educational qualifications, skills and experience, you can earn an average of $50,000 – $90,000 per year. For example, according to Salary.com, an Engineering Manager in the US earns between $123,330 and $155,054 per year.

What comes under capital goods industry?

Capital goods are products that are used in the production of other products but are not incorporated into the new product. These include machine tools, electrical equipment, textile machinery, printing & packaging machinery, industrial machinery, process plant equipment, construction & mining equipment, etc.

Are stocks capital goods?

A share of stock is not a capital good. In order for something to be considered a capital good, it must be a tangible, man-made item used in the production of another good or service. However, stock shares are not tangible items.

How would a business invest in capital goods?

Capital investment involves businesses purchasing capital goods, which are tangible assets such as buildings, machinery, equipment, vehicles, and tools. These tangible assets are then used to produce goods or services. Capital investment is a means for a company to further its business objectives.

The Best paying Jobs in Capital Goods

1. Senior Mechanical Engineer  

As a senior mechanical engineer, you would be in charge of planning and supervising product production processes. On average, senior mechanical engineers make an annual salary of $92,000. To become a senior mechanical engineer, you usually need to hold a bachelor’s degree in engineering and have several years of experience in the profession.

2. Sales Engineer  

As a sales engineer, you will be responsible for marketing products and services to customers. A bachelor’s degree in engineering or a related discipline is typically required for this role, and employers usually prefer candidates with several years of experience in the field. According to PayScale, the average annual salary for sales engineers is $87,000.

3. Industrial Designer

One of the best-paying jobs in capital goods is that of a 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.

4. Marketing Manager

The average salary for a Marketing Manager is $107,673 per year.

  • A marketing manager in the US receives an average salary of $88,827
  • For a marketing manager, the average additional cash compensation is $7,867
  • The average total compensation received by a marketing manager in the US is $96,694

As a marketing manageryou’ll:

  • Oversee and help create different advertising or merchandising sales campaigns that the business will use to sell itself and its products
  • Work on a sole product, a line of products, a brand, or an entire company
  • Incorporate a variation of input received from creative, research, advertising, and sales teams
  • Supervise one or multiple marketing campaigns
  • Devise a campaign in its entirety
  • See a comprehensive opportunity and enlist members of his or her marketing team to brainstorm potential campaign ideas
  • Orchestrate the necessary organization and timing precision
  • Assist in developing market research studies
  • Analyze market research findings
  • Work in partnership with product managers to implement new and improved initiatives
  • Monitor the performance of marketing programs as a guide to current and future campaigns and strategies

To qualify for one of the best-paying jobs in the capital goods industry in the United States, marketing degree from an accredited university is required, while postgraduate work and management disciplines are encouraged. Professionals in this field typically work regular hours during the week but may need to put in some extra office hours when launching new campaigns.

5. Business Development Manager

how long you have been in the job, what kind of business you work in, and whether you are a manager or not

The average annual salary of a business development manager in the United States is $130,023 as of July 26, 2022. The range of salaries for this position typically falls between $110,709 and $150,013, though this can vary depending on factors such as length of time in the role, type of business, and managerial status.

  • Education
  • Certifications
  • Additional Skills
  • Experience in the profession

The responsibilities of a business development manager may include:

  • Manage a team of business development associates
  • Create business strategies to facilitate the company’s growth
  • Develop strategic relationships with partners and potential customers
  • Work with other departments to ensure alignment of company goals
  • Evaluate information to forecast the return of future business transactions
  • Design and determine terms of business agreement

To be appointed as a business development manager, you’ll need a bachelor’s degree in business, finance, or marketing. Besides your degree, you’ll need at least 5 years of experience in a related area to land one of the best paying jobs in capital goods.

6. Engineering Manager

0-5 years experience: $84,000; 5-10 years experience: $106,000; 10-20 years experience: $131,000; and 20+ years experience: $154,000.

According to Payscale’s research, an engineering manager’s salary is closely connected to the person’s level of experience. The average annual salary for an engineering manager is $119,036, but this figure varies depending on how many years the person has been working in the field. Salaries for engineering managers with 0-5 years of experience average $84,000 per year; those with 5-10 years of experience earn an average of $106,000 annually; and those with 10-20 years of experience make an average of $131,000 per year. Those with more than 20 years of experience in the field earn an average salary of $154,000 annually.

  • An engineering manager in his/her early career (1-4 years of experience) has an average salary of $100,468 (based on 32 salaries)
  • An engineering manager in mid-career (5-9 years of experience) has an average salary of $108,243 (based on 68 salaries)
  • An engineering manager with experienced (10-19 years of experience) has an average salary of $122,403 (based on 142 salaries)
  • An engineering manager in his/her late career (20 years and higher) has an average salary of $125,679
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To see these impressive numbers on your paycheck you’ll have to:

  • Serve as a supervisor and oversee the company’s technical and engineering teams
  • Help in conducting engineering design decisions and implementing projects
  • Oversee the work, maintain schedules and meet deadlines
  • Contact customers (directly or through a customer service department)
  • Create progress reports
  • Produce problem resolution reports
  • Be in charge of setting the team budget and avoid unnecessary costs

To work as an engineering manager, you must have at least a university degree. Many companies may seek post-graduate degrees in management or engineering for the position of engineering manager. Practical experience is always a huge plus. The required education and skillset with experience will get you one of the best paying jobs in capital goods.

7. Computer-Aided Design Technicians

Designers use CAD software to develop and manufacture items. They are responsible for ensuring that the items meet all specifications. Designers typically earn an annual salary of $50,000.

8. Research and Development Manager

Research and development managers are another attractive and lucrative job in the capital goods industry. The primary role is to manage and direct research and development (RD) initiatives in order to meet organizational demands and capitalize on new product opportunities. They also develop and implement RD techniques and procedures.

So, according to Salary.com, as of 2022, the average research and development manager’s pay in the United States is $144,880. It usually falls somewhere between $126,187 and $166,452.

9. Manufacturing Manager

The average gross salary of a manufacturing manager in the US is $120,840, or $58 an hour. A manufacturing manager earns an average bonus of $9,764.

  • A manufacturing manager with one to three years of experience has an average salary of $84,578
  • A manufacturing manager with more than eight years of experience has an average salary of $150,102

After reviewing the manufacturing manager’s payment data, it is estimated that the salary potential will increase by 11% over 5 years. Therefore, if you are planning to become a manufacturing manager, not only is this one of the best-paying jobs in capital goods, but there is also potential for higher growth in the future. Take advantage of this opportunity and fulfill the following duties:

  • Supervise the daily operations of a manufacturing facility
  • Coordinate, plan, and complete the activities that go into the production process
  • Place the machines in a safe production environment
  • Guarantee efficiency
  • Assure quality of produced materials or goods
  • Make sure production goes as planned
  • Make production reports
  • Review production data and improve efficiency
  • Make sure employees and equipment meet performance and safety requests
  • Watch for setbacks in the process, and improve operations
  • Employ, train, and evaluate workers’ performance
  • Oversee staff and assign duties to employees
  • Correspond with other divisions (financial, HR, logistics…)

A bachelor’s degree in manufacturing, engineering, or business is preferred. Work experience in management or manufacturing as well as strong communication, organizational, and interpersonal skills are also required. The ability to build and lead a team is essential.

10. Warehouse Worker 

A warehouse worker is responsible for stocking items, packaging, placing orders, preparing orders for delivery, and a variety of other minor and large jobs. Although the job is full of hustling and hard labor, it is fairly intriguing, even adventurous. Additionally, it is certainly preferable to sitting in a chair from 9 to 5 looking at a computer screen.

11. Director of Manufacturing 

An industrial safety manager’s average annual salary is $200,000. Their responsibilities include hiring, supervising and managing employees, as well as enforcing factory safety requirements.

12. Manufacturing Engineer

Average salary: $77,000

A Manufacturing Engineer uses their scientific, mathematical and technological skills to manufacture various products. Their work includes developing designs based on customer requirements, testing prototypes and then producing the final product. In order to minimize potential risks, a Manufacturing Engineer looks for ways to improve efficiency, reduce costs and increase productivity.

Manufacturing Engineers work with other engineers and scientists to ensure the finished product meets expectations and specifications. They also coordinate their efforts with marketing specialists, sales representatives and human resource personnel.

A Manufacturing Engineer typically needs a combination of manufacturing experience and a bachelor’s degree in engineering to be successful. They also need to be able to collaborate well with others, analyze data and identify risks.

13. Robotics Engineer in Capital Goods

Robots are used to handle very risky tasks in the industry and they act on human instruction. This allows for a degree of automation in the industry which wouldn’t be possible otherwise. Robotics engineers are responsible for creating and programming these robots, and as a result, they are some of the highest-paid employees in the capital goods industry. In fact, the average salary for a robotics engineer in this industry is $93,364 per year.

14. Quality Control Manager 

Manager’s in charge of quality control play an important role in a company by ensuring that all products fulfill the company’s quality requirements. A bachelor’s degree in engineering or a similar discipline is typically required along with several years of experience in the field. The average annual compensation for quality control managers is $88,000.

15. Product Development Engineer

entry-level salaries average $67,000, while experienced salaries average $101,000.

The average salary of a product development engineer is $75,987 according to Payscale.com. Entry-level salaries average $67,000 while experienced salaries average $101,000.

  • Based on 161 salaries a product development engineer with less than 1-year experience can earn an average total pay of $65,666 (Including tips, bonuses, and overtime pay)
  • Based on 1087 salaries an early career product development engineer (1-4 years of experience) earns an average payment of $72,863
  • Based on 563 salaries a mid-career product development engineer (5-9 years of experience) earns $83,198 as an average total payment
  • Based on 169 salaries an experienced product development engineer (10-19 years of experience) earns $91,839
  • Employees with an impressive career of 20 years and more can earn an average total pay of $105,233. No wonder one of the best paying jobs in capital goods is the job of a product development engineer!

If you’re wondering what product development engineers do, they:

  • Manage the design, and test the product’s development
  • Assess the mechanical design properties of the product, and decide whether it meets the necessary standards and functionality
  • Conceptualize ideas
  • Design their ideas in a 3-D modeling program
  • Specify accurate design characteristics
  • Plan the necessary steps from conceptualization to the final product
  • Determine the materials needed to create the product, potential designs, and potential buyers for the product
  • Determine ways in which the product can be marketed
  • Document the current status of the product throughout the production process
  • Work in teams to develop a fully functional, marketable product

To be a product development engineer, most employers require their employees to have a bachelor’s degree or higher in mechanical, industrial design, material science, or manufacturing engineering. They must also be highly experienced in AutoCAD, SolidWorks, or other 3-D modeling software.

16. Machine Learning Scientist

Average salary: $161,000

Machine Learning Scientists also develop marketing strategies, target specific consumers, and track the performance of their models.

As a machine learning scientist, you will help businesses create products or services by developing computer programs that can learn over time. Using these models, you will analyze consumer behavior, identify patterns, and attempt to predict future behavior. You will also develop marketing strategies, target specific consumers, and track the performance of your models.

In order to develop computer models, Machine Learning Scientists must have skills in artificial intelligence (AI), statistics and mathematical modeling. Good interpersonal communication skills are also essential for people with this job title since they work closely with other departments (e.g. executives, marketing, operations, research, sales and product development).

17. Director of Product Management

Average salary: $157,000

A Director of Product Management noun is someone who oversees a team of people who are directly involved in a product’s creation. Product Managers noun –the people a director would direct– are responsible for the entire product lifecycle. They work closely with sales, marketing, manufacturing and customer service teams to ensure everything works correctly.

Most product managers have a bachelor’s degree with many also having a master’s degree related to the field. Skills that are in demand for product managers include data analysis, business development, and communication skills. Product managers typically stay close to the production line to ensure that everything is running smoothly. With regards to capital goods, product managers are likely to have expertise in supply chain logistics, manufacturing, and inventory control.

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18. Director of Research and Development

Average salary: $135,000

A Director of Research & Development (R&D) is responsible for developing or improving products or services to meet unique customer requirements. R&D leaders typically oversee the design, testing, production and marketing of these products. For example, a Director of Research and Development with expertise in clean energy innovation can suggest cost-effective ways to reduce the environmental impact of production.

To reach a director level, an R&D professional needs 10 years of relevant experience, an advanced degree and the ability to manage people. Developing products and services requires close collaboration with engineers, scientists, marketers and sales representatives, so interpersonal skills are imperative. Other useful skills include the ability to accurately forecast sales, conduct interviews and deliver presentations.

19. Metallurgical Engineer

Average salary: $125,000

Metallurgical engineers specialize in the study of metals and their related production processes. Their work is critical to many industries that use metal products, from construction to transportation to appliances. Metallurgists use their knowledge of metals to develop new ways to make them more useful. They also assess existing alloys to see if they are suitable for specific applications.

This career requires an advanced degree in chemical engineering or metallurgy, as well as at least 10 years of experience in the field. Metallurgists often specialize in one particular type of metal or alloy. For example: stainless steel, titanium alloys, aluminum alloys, zinc alloys: or iron alloys. A metallurgist engineer may work in a laboratory setting or in a production facility. In either case, they must understand the fundamentals of thermodynamics, heat treatment, phase diagram, crystal structure, weldability, welding techniques and basic physics.

20. General and Operations Managers

Average annual salary: $120,000

They may also be responsible for developing and implementing policies, procedures and systems to ensure the efficient and effective operation of the organization.

As a General and Operations Manager, you will be responsible for creating, planning and executing business operations. This role is similar to that of a General Manager, Operations Leader or General Operations Manager. Depending on the company, you may manage the day-to-day operations, the entire operation of a company’s people and systems or both. You will also be responsible for developing and implementing policies, procedures and systems to ensure the efficient and effective operation of the organization.

Most general and operations managers have completed a bachelor’s degree program and several years of experience. The right amount and type of experience is essential since business operations can vary greatly. Additionally, the salary for this position varies depending on the industry. According to data from the United States Bureau of Labor Statistics, the average salary for general and operations managers in the “Merchant Wholesalers, Durable Goods” category is $104,690 per year. Furthermore, general and operations managers benefit from having skills such as the ability to make quick decisions, think strategically, lead effectively and stay cool under pressure.

21. Petroleum Geologist

Average salary: $109,000

Petroleum Geologists locate oil reserves using measurements of pressure and temperature. Petroleum Engineers determine where to drill for oil, based on these measurements and also on economic feasibility.

A bachelor’s degree in geology, earth science, physics, chemistry, mathematics, or engineering is generally required for a career as a petroleum geologist. Some petroleum geologists go on to earn graduate degrees. Skills that are necessary for the job include knowledge of geosciences, data collection and analysis, and the ability to make educated decisions based on research.

22. Principal Research Associate

Average salary: $104,000

A Research Associate works with companies to help them understand their market requirements, develop strategies, and create business plans. A Principal Research Associate (PRA) will analyze the information they gather to present the department’s findings. PRAs may specialize in different fields within capital goods, such as chemical manufacturing or energy production.

The ideal candidate for this leadership role should have extensive knowledge of market research techniques and methodologies, including qualitative research methods, quantitative analysis, data mining and statistical modeling. Furthermore, experience with project management tools, such as MS Project or Excel, would be helpful. Although the minimum education requirement for a PRA position is a bachelor’s degree in either a science or social science field, many employers prefer candidates to have a master’s degree.

23. Quality Assurance Manager

Average salary: $100,000

The Quality Assurance Manager sets quality standards and monitors consistency throughout the product lifecycle. QA Managers collect data from internal and external assessments to identify areas for improvement. This role is responsible for setting quality standards, identifying potential problems, implementing solutions, and training personnel to improve quality control processes.

Skills that are useful for QA Managers include an eye for detail and the ability to quickly solve problems. They generally have a bachelor’s degree and may have a master’s degree. In order to reach a manager level, a QA professional should have 3 to 5 years of experience. Some high-level QA leaders earn certifications from Six Sigma or The American Society for Quality.

24. Industrial Engineer

Average salary: $99,000

Industrial Engineers work in areas related to manufacturing, transportation, construction and utilities. They may specialize in areas such as robotics, automation, logistics, operations management or just plain old manufacturing. Among the technical skills required for this job are designing, developing, testing, documenting, analyzing, coordinating and directing the implementation of a wide variety of products, systems and processes related to professional, scientific and technical services. They must also know how to report their discoveries.

Industrial engineers require advanced knowledge of science and mathematics, typically gained through a four-year engineering degree. Depending on experience and education, they may supervise other workers performing similar tasks. Management-level industrial engineers often have master’s degrees and may have Professional Engineering (PE) certifications. Related skills include computer programming, process flow improvement, quality control systems, and problem-solving.

25. Software Developer

If you’re looking for data on some of the best-paying jobs in the capital goods industry, you can check out U.S. News. According to their 2020 data, the average salary for a software developer was $110,140. That puts them in the top 25% of earners, with salaries ranging from $140,470 down to $84,020. The Bureau of Labor Statistics projects that the software development field will see significant growth in both salary and job volume in the coming years, with an estimated 22% increase by 2030 and an additional 409,500 jobs being created by that time.

However, a software developer’s salary is dependent on the place of employment. Software developers with the highest average salary work in the following industries:

  • Inland water transportation ($243,130)
  • Independent artists, writers, and performers ($187,070)
  • Sporting goods, hobby, and musical instrument stores ($146,630)
  • Computer and peripheral equipment manufacturing ($145,800)
  • Electronics and appliance stores ($137,170).

If you aspire to become a software developer, you should be skilled to:

  • Permit users to do specific assignments on computers or other devices
  • Improve existing systems that run devices or control networks
  • Write, adapt, and repair software for client applications
  • Use source debuggers and graphic development environments
  • Examine and file software for client applications
  • Inscribe code to produce single-threaded, multi-threaded, or user interface event-driven applications
  • Be familiar with various computer languages, operating systems, and various databases, that are used widely in different businesses

If you have the required skills and knowledge, you will also need a bachelor’s degree in software engineering, computer science, or a related field, as well as appropriate job experience.

26. Electrical Engineer

According to Career explorer, the average annual salary for an electrical engineer in the US is around$100,420. There are also several salary categories based on seniority:

  • A top-level electrical engineer has an hourly salary of $78.33 and a yearly one of $162,930
  • A senior-level electrical engineer has an hourly salary of $61.81 and a yearly one of $128,560
  • A mid-level electrical engineer has an hourly salary of $48.28 and a yearly one of $100,420
  • A junior-level electrical engineer has an hourly salary of $37.74 and a yearly one of $78,500
  • Starting level electrical engineer has an hourly salary of $29.98 and a yearly one of $62,360

If you want to work in the field of electrical engineering and earn a high salary, then the job of an electrical engineer is perfect for you. As an electrical engineer, you’ll have the chance to:

  • Asses electrical systems, products, components, and applications
  • Create and conduct research programs
  • Apply knowledge of electricity and materials
  • Confirm system’s and components’ abilities
  • Improve electrical products by examining customer requirements
  • Research and test manufacturing
  • Develop manufacturing processes through design and equipment modification
  • Assure the quality of products
  • Test end-products and system potentials
  • Prepare product reports
  • Providing engineering information by answering questions and requests
  • Comply with federal and state regulations to maintain product and company reputation
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Most employers require a bachelor’s degree in electrical engineering. You may also need licenses if you work for a Government or federal contractor. The license requirements depend on the state, but usually include an exam you have to pass to receive the license and a minimum number of years of job experience. For those of you who are fresh graduates, don’t worry! There is an option for pre-licensure certification.

27. Industrial Engineer

The average annual salary of an industrial engineer in the United States was $95,300 in May 2021, with a projected growth of 14% from 2020 to 2030, according to the U.S. Bureau of Labor Statistics.

Once you become an industrial engineer your job will be to:

  • Create job evaluation programs
  • Eliminate production processes’ wastefulness
  • Evaluate production schedules, engineering requirements, and process flows
  • Manufacture parts or products, or provide services, with maximum efficiency
  • Make more efficient financial planning and cost analysis
  • Perform quality control procedures
  • Resolve production problems
  • Minimize costs
  • Ensure that products meet quality criteria
  • Discuss with clients about product requirements, sellers about purchases, management personnel about manufacturing potentials, and staff about the project’s status

To find out which states offer the highest salaries for industrial engineers, consult the Forbes list of the top ten states.

  • Washington- an average salary of $109,200
  • Texas- an average salary of $108,900
  • Wyoming – an average salary of $108,890
  • Montana– an average salary of $108,360
  • California– an average salary of $107,890
  • New Mexico– an average salary of $105,240
  • Massachusetts– an average salary of $103,810
  • Colorado– an average salary of $103,460
  • Rhode Island– an average salary of $101,840
  • Maryland– an average salary of $101,710

The minimum required education for many positions in the capital goods industry is a bachelor’s degree in industrial engineering technologies or industrial engineering. However, there are many positions available for those with a degree in mechanical, electrical, manufacturing, or general engineering.

28. Mechanical Engineer

According to Salary Explorer, the annual average salary of a mechanical engineer in the US is around $86,500, with the lowest salary being $42,400 and the highest at $135,000.

The salary for a position in capital goods varies depending on the person’s experience, skills, and job location. A detailed salary analysis is as follows:

  • Mechanical engineers with 10-15 years of experience earn an annual salary of $110,000
  • Mechanical engineers with 15-20 years of experience earn an annual salary of $118,000
  • Mechanical engineers with more than 20 years of experience earn an annual salary of $126,000

Usually, your duties as a mechanical engineer include:

  • Project requirements assessment
  • Evaluation of the mechanical components’ functioning
  • Authorization of budgets, timetables, and requirements with clients and managers
  • Equipment maintenance and modification, safety ensuring, and efficiency
  • Inspecting, evaluating, adapting, and re-testing products
  • Writing reports and papers
  • Providing technical advice
  • Analyzing and clarifying data

At least a bachelor’s degree in mechanical engineering is required for this position, with an average annual salary of $62,800. Alternatively, a master’s degree can be obtained for an average annual salary of $101,000. Choose the educational path that best suits your needs.

29. Best-Paying Jobs in Capital GoodsManufacturing Engineer

This group of engineers is responsible for ensuring the manufacturing process runs smoothly. A manufacturing engineer oversees all the manufacturing processes in the industry.

As of 2018, the average salary for manufacturing engineers in the United States is $71,980 per year, according to Payscale.

Furthermore, Manufacturing Engineer requires the following set of qualifications and skills as:

  • Ability to work with little or no pressure.
  • Good leadership skills.
  • Teamwork skills.
  • Problem-solving skills
  • Excellent information technology skills.
  • Commercial awareness
  • Good communication skills.
  • Knowledge of equipment for purchase, installation, and repair.

30. Electrical Engineer

Electrical engineers design, develop, test, and supervise the manufacture of electrical equipment. This includes electric motors, radar and navigation systems, communications systems, and power generation equipment. They also work in the development of electrical systems for aircraft and automobiles. The average annual pay for electrical engineers is $78,016; however, the highest limit can be well above $200k per year. Electrical engineering jobs are among the most lucrative, and the capital goods business is one of the best places to look for one.

31. General Manager

The Facilities and Operations sector manages all company facilities and operations, including service activities and relationships with company facilities, team members, government, community, and other industries.

Moreover, the roles of general managers in capital goods industries include:

  • Providing all the reports when needed.
  • coordinating and administering the company’s policies as agreed by the board of management.
  • Training team members by holding daily and weekly meetings, as the case may be.
  • Communicating set goals for the entire team.
  • Implementing and monitoring the budget of the company, they monitor the quality of the finished goods and services rendered to ensure customer satisfaction.

Also, in the United States, it is estimated that the average salary for a general is $87,000 per year.

32. Part Assembler in Capital Goods

Assemblers are responsible for compiling and repairing tools. They are familiar with the instrument’s varied sizes and lengths and make no mistakes in their job.

Assemblers in the capital goods business typically earn $32,592 per year in the United States.

Assemblers of parts are among those who are paid the highest rates in the capital goods industry.

33. Category Manager Capital Expenditures

Capital goods category managers are among the highest-paid professionals in their field. Their primary focus is on the daily management of capital sourcing. Additionally, they are responsible for risk management to ensure that products and services are delivered at a reasonable cost.

Category managers can work remotely or physically. In the United States, the estimated salary for people in this profession is between $150,000 and $240,000 per year.

34. Global Strategic Product Manager

A global strategic product manager is also considered among the best-paying jobs in capital goods. Their work focus is to advise or provide necessary recommendations for capital improvements. By doing so, they ensure adequate supplies of products and equipment.

They also secure and protect the company’s assets. A product strategist identifies new opportunities for the company, which enhances the performance of the products. They also develop a long-term plan that will be useful to the company in the future.

The average salary for this profession is $100,000 to $140,000 annually. The job can be done either remotely or physically.

List of Industries in Capital Goods

  • Machinery Industry
  • Construction Industry
  • Textile Industry
  • Chemicals Industry
  • Steel Industry
  • Automotive Industry
  • Electronics Industry
  • Aerospace and Defense Industry
  • Energy, Mining, and Utility industry

Is capital goods a Good Career Path?

Capital goods are a great career path for anyone interested in economics. They are necessary for the production of consumer goods and therefore have a direct impact on the economy. Capital goods are also a great way to learn about different aspects of the economy and how they interact with each other.Is Capital Goods a Good Career Path? (A 2022 Career Guide)outsidethebadge.com › is-capital-goods-a-good-career-pathAbout Featured Snippets

What is the #1 highest paid position?

TheThe is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. Wikipedia

How many jobs are available in capital goods?

There are 1.3 million jobs available in capital goods in the United States. From assemblers to quality control, working in capital goods offers a wide range of roles and responsibilitiesHow Many Jobs Are Available In Capital Goods? – Zippiawww.zippia.com › advice › how-many-jobs-are-available-in-capital-goodsAbout Featured Snippets

What j9b makes the most money?

The highest-paying job in the world, in a traditional sense, holds the number one spot in this article: anesthesiologist. They are also the only job listed above $300,000 a year.25 Highest Paid Jobs and Occupations in the U.S. – Investopediawww.investopedia.com › Careers › Salaries & CompensationAbout Featured Snippets

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