Best Paying Jobs in Capital Goods

Updated on February 5, 2024

The capital goods sector is a vital component of the global economy, encompassing a wide range of professions. This industry, pivotal in manufacturing and production, offers some of the best paying jobs. Here’s a look at the top ten roles within this field.

1. Engineering Manager

  • Average Salary: $149,530
  • Job Description: Engineering managers oversee and direct engineering projects in capital goods companies.
  • Responsibilities: Planning, coordinating, and managing engineering tasks and teams.
  • Education: Bachelor’s Degree in Engineering.

2. Marketing Manager

  • Average Salary: $141,490
  • Job Description: These professionals create interest in a firm’s products within the capital goods sector.
  • Responsibilities: Working with sales teams and determining market prices.
  • Education: Bachelor’s Degree in Marketing or Advertising.

3. Sales Manager

  • Average Salary: $132,290
  • Job Description: Sales managers lead sales teams to sell capital goods products effectively.
  • Responsibilities: Understanding production processes and evaluating product costs.
  • Education: Bachelor’s Degree in Economics, Business, or a technical field.

4. Training and Development Manager

  • Average Salary: $115,640
  • Job Description: They are responsible for training and developing employees in capital goods companies.
  • Responsibilities: Overseeing staff training programs.
  • Education: Bachelor’s or master’s degree.

5. Software Developers

  • Average Salary: $110,140
  • Job Description: Software developers create and maintain software for various applications in the capital goods sector.
  • Responsibilities: Designing and testing software.
  • Education: Bachelor’s Degree in Computer Science.

6. Electrical Engineers

  • Average Salary: $103,390
  • Job Description: Electrical engineers design and develop electrical systems for various applications.
  • Responsibilities: Researching and ensuring the safety and sustainability of systems.
  • Education: Bachelor’s Degree in Electrical Engineering.

7. Mechanical Engineer

  • Average Salary: $90,160
  • Job Description: Mechanical engineers design machinery and tools used in manufacturing other goods.
  • Responsibilities: Developing and testing mechanical equipment.
  • Education: Bachelor’s Degree in Mechanical Engineering.

8. Industrial Engineer

  • Average Salary: $88,950
  • Job Description: Industrial engineers optimize manufacturing processes.
  • Responsibilities: Designing industrial machinery and systems.
  • Education: Bachelor’s Degree in Engineering.

9. Management Analyst

  • Average Salary: $87,660
  • Job Description: Management analysts study organizational processes to identify improvement areas.
  • Responsibilities: Recommending solutions to enhance efficiency and productivity.
  • Education: Bachelor’s Degree in Business or Engineering.

10. Quality Control Inspector

  • Average Salary: $40,460
  • Job Description: These professionals ensure that products meet quality standards.
  • Responsibilities: Inspecting products and reporting on quality.
  • Education: High school diploma or GED.

Final Thoughts

The capital goods industry offers a diverse array of lucrative career opportunities. These roles not only provide competitive salaries but also the chance to be at the forefront of technological and industrial innovation. Whether your expertise lies in engineering, management, or development, the capital goods sector offers a path to a fulfilling and financially rewarding career.

Other Jobs in Industrial and Manufacturing Sectors

Sources

The information for this blog post on the best paying jobs in the capital goods sector was gathered from the following sources:

  1. Career Karma: For detailed insights on capital goods job outlook, job satisfaction, and specific job roles like Engineering Manager, Marketing Manager, Sales Manager, etc., with their respective salaries and educational requirements. Career Karma
  2. Digital Phablet: Provided information on various roles such as Manufacturing Engineer, Industrial Engineers, Mechanical Engineer, etc., along with their job descriptions and average salaries. Digital Phablet
  3. CareerCloud: Offered insights into job duties and salaries for roles such as Management Analyst, Manufacturing Director, Warehouse Worker, etc. CareerCloud
  4. Career Entity: Shared general advice on how to get the best paying jobs in capital goods, types of goods in industries, and an overview of what capital goods are. Career Entity
  5. Moneymint: Contributed information on a range of roles including Training and Development Manager, Warehouse Worker, Electrical Engineer, and more, along with their salaries and skills required. Moneymint
  6. Teal HQ: Provided a comprehensive list of top paying jobs in capital goods and their importance in the global economy. Teal HQ
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Frank Gogol

I’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more.