We will show you the best paying jobs in capital goods
1. Engineering Managers
In the consumer goods and capital goods industries, engineering managers consistently rank among the highest paying jobs in the capital goods sector. The primary responsibilities of a technical director are to plan, direct, and coordinate the many engineering tasks performed within an organization. If a career in the commodities industry has always been your ideal, then you should start preparing for the entry criteria.
This position is very competitive and only open to candidates who have an engineering degree and have worked in the related field for several years.
The responsibilities of the Technical Director include:
- The product design, testing, and manufacturing processes are designed, implemented, and finalized here.
- Manage staff and assign responsibilities to engineering and technical staff.
- Help teams deliver innovative new products, solutions, and processes under their leadership.
- Project logistics management and resource allocation.
The median salary of engineering director in the United States is $139,105 as of May 27, 2022, making it one of the highest paying jobs in capital goods.
2. Manufacturing Engineer
Second on the list of highest paying jobs in capital goods is manufacturing engineer. This is a group of engineers who work in the manufacturing industry and whose main task is to ensure that the activities and processes involved in creating the product run as smoothly as possible.
The role of a production engineer requires a specific set of skills and certifications, including:
- The ability to succeed under adverse conditions.
- Leadership skills.
- Teamwork skills.
- Problem solving skills.
- Capacity to use information technology.
- Knowledge of the commercial market
- Excellent communication skills.
- Become familiar with the different pieces of equipment for purposes such as installation and repair.
The median salary of a production engineer as reported by Payscale is $72,526/year.
3. Senior Mechanical Engineer
This is one of the highest paying jobs in the capital goods industry. However, a candidate must have about ten years of experience to properly practice this profession and absorb the work in it. In the field of mechanical engineering, the duties of a senior mechanical engineer include the creation, design, construction, testing, and inspection of mechanical devices and systems.
These may include machines, tools and engines. Because mechanical engineering is such a broad discipline, those who practice it find work in a variety of industries where they are responsible for designing a wide variety of products.
The typical annual salary for senior mechanical engineers working in the material manufacturing industry is $110,329.
The annual salary of a senior mechanical engineer can exceed $200,000 in some cases. Career opportunities in the field of electromechanical engineering consistently rank among the highest paying jobs in the world.
4. Electrical Engineer
Electrical engineers are responsible for the design, development, testing, and construction supervision of electrical equipment. This type of equipment includes electric motors, radar and navigation systems, communication systems, and power generation equipment. They also participate in the design process of electrical systems used in vehicles and aircraft. A salary of $78,206 is considered the standard for electrical engineers.
However, in some cases the annual limit can go up to $200,000 making it one of the highest paying jobs in capital goods. The electrical engineering career is consistently ranked as one of the most lucrative career opportunities possible, and the capital goods industry is an area where you can find such opportunities.
5. Quality Control Manager
It is the quality control manager’s responsibility to manage the staff and monitor the methods used in product development to ensure that the finished product meets the required level of quality and performance requirements. The quality control manager is also responsible for working closely with the customer to ensure that the final product meets the customer’s standards. An annual salary of $72,175 in the United States is considered the standard for quality management manager positions, making it one of the highest-paying jobs in capital goods.
6. Industrial Designer
Industrial designers are the ones responsible for developing concepts of manufactured objects such as cars, home appliances, toys, and others. They produce aesthetic goods for humans by combining art, business and engineering into one production process.
To be successful in this production of capital goods, you need to have a degree from an accredited university in industrial design along with a number of years of relevant work experience.
As of May 27, 2022, the normal income range for an industrial designer in the United States is between $55,405 and $69,351, with a median salary of $61,445 per year. Their education, certifications, additional talent, and time spent in their field are just some of the key aspects that can have a significant impact on the range of salaries they can expect.
7. Research and Development Manager
One of the highest paying jobs in the capital goods is that of a research and development director. Their primary mission is to manage and lead research and development (R&D) initiatives to meet business requirements while making the most of any potential new products. They also create new R&D methods and techniques and put them into practice.
As of May 27, 2022, the usual compensation range for a research and development manager in the United States is between $127,242 and $167,844; however, the median income for this position is $146,091 per year.
8. Sales Engineer
Companies in the capital goods industry often employ sales engineers who specialize in selling scientifically and technologically complex items to customers. The technical knowledge that sales engineers possess allows them to demonstrate to potential customers how their company’s goods and services are superior to those of competing companies. offer, as well as discuss the benefits of the products or services offered by their company.
An annual payment of $74,690 is considered the norm for sales engineers, making it one of the highest paying jobs in capital goods.
9. Marketing Manager
Marketing manager is one of the highest paying jobs in capital goods. They are responsible for planning, implementing and executing strategic marketing programs for capital goods organizations to attract future consumers and retain current customers. This is done to maximize revenue.
They usually have a degree in marketing or an industry closely related to marketing, in addition to several years’ work experience in the industry. As of May 27, 2022, the typical compensation range for a marketing executive in the United States is between $98,161 and $128,433, with a median income of $111,898.