10 Best Paying Jobs In Capital Goods Sector in 2022
Do you know why we answered in our previous article that, Yes, a capital Good career is a path? This is because there are a lot of well-paying positions that are available in that sector. The pay workers in this sector get way more than average than what others get in different sectors.
Therefore, this article will highlight the top 10 best-paying jobs in capital goods. Just chill and continue to read below to see the full details.
What are Capital Goods?
I know this question above is running through your mind. But we will take our time to explain everything to you here. The capital goods jobs are the jobs in the industrial sector.
You have to know that the capital goods sector is an important part of the economy. Because it provides the tools and resources needed for businesses to operate in any working economy.
This sector includes companies that manufacture machinery used to create capital goods, electrical equipment, aerospace and defense, engineering, and construction projects.
Is Capital Goods A Good Career Path?
The answer is Yes, capital goods is a good career path that you should choose. Although the recent state of the economy determines a lot in this section as it is in other sectors. Many statistical firms carried out research to know if this is really a good career job. But according to statistics from the Bureau of Labor Statistics, there are over 1.3 million jobs available in this sector.
Top 5 Capital Goods Company
- Manufacturing, materials science, and data analytics.
- Honeywell International: is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions.
- United Rentals Inc.: United Rentals is the largest equipment rental company in the world, with a store network nearly three times the size of any other provider and locations in 49 states and ten Canadian provinces.
- Boeing: It is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide.
- Union Pacific: The company engages in shipping food, forest products, automobiles, agricultural products, coal, and chemicals – safely and on time
10 Best Paying Jobs In Capital Goods in 2022
There are several top jobs in the capital goods industry but, we will only highlight the top 10.
1. Manufacturing Engineer
These are the ones in charge of production in the industry. For instance, the production engineers are tasked to plan and manage a product’s manufacturing process. But, in this section, you must hold a bachelor’s degree in engineering and with lots of experience. A manufacturing engineer earns an average of $82,000 annually.
2. Senior Mechanical Engineer
These are mechanical engineers, who are in charge of planning and supervising product production processes done by the manufacturing section in the industry.
He or she must hold a bachelor’s degree in Mechanical engineering with at least 5 years of working experience. Senior mechanical engineers earn around $92,000 yearly. This pay varies from company to company.
3. Electrical Engineer
The sole role of Electrical engineers is to maintain and supervise a company’s electrical systems. A bachelor’s degree in electrical engineering is a must and a good working experience too. The pay is also good, as he or she earns an average of $84,000 yearly.
4. Robotics Engineer:
Their sole role is to design automation tools and electromechanical robots. They always undergo a lot of training before being given this job in capital goods industries. They earn around $95,000 every year.
5. Manufacturing Manager:
Someone in this position has a big responsibility, which is on equipment layout and process flow. They have a very high annual salary of $100,000 yearly. This is one of the most difficult jobs to get because it needs 10 years of working experience.
6. Software Designers
They use CAD software to develop and manufacture items. They hold a degree in computer science. They have an annual salary of $60,000.
7. Marketing Manager
This is a very difficult role and job to get. The Marketing manager’s roles are to plan, direct, and coordinate a company’s marketing efforts. They must have a bachelor’s degree in marketing or a similar discipline and earn around $100,000 yearly.
8. Industrial Designer
The Industrial designers are in charge of product development and plan on how to implement those products. The average annual income for industrial designers is $82,000 yearly
9. Engineering Manager
The Engineering managers’ roles are to plan, direct, and coordinate a company’s engineering activities daily. It is a tough job to get because it requires a lot of experience in managing They earn around $110,000
10. Research Manager
Research managers’ roles are to plan, lead, and coordinate a company’s research and development efforts.
The research and development managers of a company earn around $120,000 yearly.
Top best paying Jobs in Captial Goods Sectors are numerous in 2022. This is because this sector doesn’t lack jobs at all. A career in this sector is so nice and enjoyable because of the high pay.