Paying Jobs in Capital Goods
In today’s global economy, companies looking to make inroads into the business equipment and database marketing sectors have turned to a new strategy: pay for jobs in capital goods.
The term “capital goods” is not a catchall for everything produced by companies that don’t generate revenues from operations. On the contrary, capital goods is a broad category that encompasses everything from computers and microphones to household appliances and lighting fixtures.
As such, it’s a great place for companies that produce bespoke products or services — like those looking to build their brand or grow their business — to find talent who can then be trained in durability, maintenance, and upkeep of company assets. According to an article on the website U.S. News & World Report , there are more than 150 different paying jobs in capital goods — which makes it one of the fastest growing job categories over the past few years .
The opportunities are many and varied: construction site manager , assembly line worker , interior decoration decorator , warehouse operator , temporary staff position in a manufacturing company with permanent employees … you name it, there’s an opportunity here!
Why is paying in capital goods so hot right now?
First and foremost, the job market for capital goods is booming. According to a survey from 2017, the number of job openings in the industry was at its highest level in five years — and that’s before the Great Recession officially came to an end!
The job market has been particularly strong in the last year or so, with more than a dozen states plus the District of Columbia seeing increases in job openings and annual employment increases.
As a result, it’s not just companies that are taking advantage of this great job opportunity. More than a dozen different industries are now looking to tap into the lucrative market for paid jobs in capital goods.
Forecasting a5-year forecast for the job market for capital goods, a survey from 2015 found that 40 percent of employers said the job market was too tight and they were extending their hiring periods to accommodate an increase in job opportunities.
What’s the job market like for capital goods workers?
The job market for capital goods workers is great — and it’s growing — all right. According to a survey, there were more than as many job openings as there were job candidates in the country. Additionally, the percentage of full-time, year-round workers who said they were working in a particular industry or profession has nearly doubled over the last decade. In other words, the job market for capital goods workers is pretty solid — especially considering the economic uncertainty in the country and the fact that many people are just beginning to find their way into the job market.
What are the requirements for a paying job in capital goods?
To be considered for a paying job in capital goods, your project or service must meet a few basic qualifications. Ideally, you’ll have at least an associate’s degree from a college that offers classes in business or a related field. You also need to be willing and able to work in a very competitive market — for example, in your location where production is concentrated. While you don’t have to be a general manager to work in a manufacturing company, you do need to be able to think like one — which can be challenging in a world of rising manufacturing costs. This can be challenging for people of all skill sets, which is why the job market for capital goods workers is improving.
What to Know Before you Apply
If you’re interested in being a part of the paying job market in capital goods, here are a few things to keep in mind:
- Be prepared to work in a variety of weather conditions. often. As a result, it’s important to have a well-rounded understanding of each weather condition that may affect your work — from heat and humidity to heavy downpour.
- Find work that requires some exposure to new technology.ex. You can’t expect to get a good job in a world where robots are taking over our jobs. It’s important to understand how technology is changing your industry, so you can be prepared when a new technology comes into play.
- Don’t overexert yourself. Overworking yourself can make you more susceptible to overtraining, making you more likely to burnout, and decreasing your work-life balance.
How to Apply for a Paying Job in Capital Goods
To get a foot in the door for paying jobs in capital goods, you can either apply directly to the industry (which is relatively easy) or try an employer-mentor program . Employer-mentorship programs typically require candidates to sign a confidentiality agreement before taking the plunge. You also need to be prepared to sign a contract that is legally binding.
If you’re looking for a paying job in capital goods, there are a few minimum requirements that you need to meet in order to apply. The first is that you must have a valid law degree. While many companies are starting to consider offering degrees in business or related fields, it’s important to remember that most law firms would prefer to handle employment matters bylaw degree.
The second minimum requirement is that you must have some experience in the industry. While there are a few programs that will train you in the basics of running a company, most companies prefer to find employees who have experience in the field — and who are comfortable with the work. Experience is everything, and as a result, most companies will look and treat you as if you’ve been with them for a while.
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How to Find a Gig in Capital Goods
To find a gig in capital goods, you need to know where to look. To start, you’ll need to identify the specific sector you’re interested in — and find a company that offers that sector cover. Next, you’ll need to find a company that is willing to hire you. These usually come in the form of a contract position — which usually pays a significantly greater amount than a traditional full-time job.
After a contract position, you’ll need to shop around to different companies to find the perfect fit. Once you find a good fit, you’ll need to sign a contract and start wearing an industry-standard hat (often called a “toque”) while working in that specific industry. Once you’ve gotten a feel for the industry and your ideal job, you’ll need to shop around for work in that industry. This may appear to be a long way to start, but it’s a great way to find work in a specific industry and for a decent amount of money.
List of the Best Paying Jobs in Capital Goods & Their Yearly Estimated Income
- Research and Development Manager – $144,880
- Engineering Managers – $137,956
- Senior Mechanical Engineer – $110,000
- Marketing Manager – $109,831
- Electrical Engineer – $76,016
- Sales Engineer $74,250
- Quality Control Manager – $72,175
- Manufacturing Engineer – $71,980
- Industrial Designer – $68,653
- Business Development Manager $75,544