Capital goods jobs cover a wide range of roles, so salaries can vary quite a bit depending on the specific job, industry, location, and level of experience.
Here’s a breakdown of what you can typically expect in terms of pay for various roles in the capital goods sector:
1. Engineers
- Mechanical Engineer: $70,000 – $100,000 annually
- Electrical Engineer: $75,000 – $105,000 annually
- Industrial Engineer: $65,000 – $95,000 annually
- Civil Engineer: $70,000 – $115,000 annually
2. Manufacturing and Production
- Manufacturing Technician: $35,000 – $55,000 annually
- Production Supervisor: $55,000 – $80,000 annually
- CNC Machinist: $45,000 – $70,000 annually
- Assembly Line Worker: $30,000 – $50,000 annually
3. Management Roles
- Plant Manager: $90,000 – $130,000 annually
- Operations Manager: $80,000 – $120,000 annually
- Supply Chain Manager: $85,000 – $110,000 annually
- Project Manager: $75,000 – $115,000 annually
4. Sales and Marketing
- Sales Engineer: $70,000 – $120,000 annually
- Business Development Manager: $80,000 – $120,000 annually
- Account Manager: $60,000 – $90,000 annually
5. Skilled Trades
- Welder: $35,000 – $60,000 annually
- Electrician: $40,000 – $75,000 annually
- Machinist: $40,000 – $65,000 annually
- Plumber: $40,000 – $75,000 annually
Factors That Impact Pay:
- Experience: Entry-level positions tend to be on the lower end, while senior roles and managers can earn significantly more.
- Location: Pay can be higher in areas with a strong demand for skilled workers or in places with a higher cost of living.
- Industry: Capital goods span industries like automotive, aerospace, heavy machinery, and electronics, and pay rates may vary accordingly.
In short, capital goods jobs can pay anywhere from $30,000 for entry-level positions to over $100,000 for more specialized or managerial roles. The sector offers diverse opportunities, with competitive pay across the board.
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