Best Paying Jobs In Consumer Durables

Published on: 23 February 2023 Last Updated on: 11 September 2024

Get ready for a fulfilling, steady, as well as challenging career if you are looking for a job in the industry. Before you find out what are the best paying jobs in consumer durables, you will need to understand the characteristics, requirements, and eligibility of the industry.

In this article, we will discuss jobs in consumer durables and why consumer durables is a good career option. Furthermore, we will also talk about what a job in the industry requires an applicant to be. Read through to the end of the article to learn about the pay grade of jobs in consumer durables, as well as the best paying jobs in consumer durables.

Consumer Durables – Why Is It A Good Career Path?

Consumer durables mainly include products and goods that people use on a daily basis, and they have a long life. On the other hand, consumer non-durables are the ones that do not have a long life, and people need to consume them in less amount of time. Consumer durables include appliances, furniture, electronics, cleaning, culinary, motorized vehicles, and others.

Although a job in the industry might not appear quite profitable in the first instance, as you build your experience in the industry, you start getting paid really well. If you are a graduate or someone who wants to start a career, then a job in consumer durables can be an excellent option for you.

Why The Consumer Durables Industry Is A Great Career Option?

Although everyone has their own reasons for joining a particular job industry of their choice. However, the consumer durables industry is one of the best options if you want to do something interesting and you like working through diverse options. The following are the major reasons why you must consider working in the consumer durables industry:

1. Better Compensation

Although employees in every industry always seek better-paying jobs, there are still jobs in certain industries that do not have a good pay structure in return for the work. However, in the industry, there are many career options that come with a good salary structure. Hence, any job in the consumer durables industry is appealing to someone who wants a better salary structure from the start.

2. Ability To Work In Diverse Jobs

Since there is a variety of product options in consumer durables, there are diverse job options as well. Due to diverse job options, the opportunities for jobs have increased a lot in this industry. Furthermore, if you want to gain experience and skills after graduate school, a job in consumer durables is a great option. This is because of the fact that consumer durable products are available in large numbers, simple to use, and are greatly profitable as well.

3. Flexible Working Shifts

If you do not like flexible working shifts and want a more scheduled job, then this industry is not a great option for you. However, by working according to flexible hours, you will be able to get more time for yourself. Employees working in the industry find flexible working schedules better.

What Are The Best Paying Jobs In Consumer Durables?

Below given are the best paying jobs in the consumer durables industry that you must aim for now:

1. Sales Manager

In this job, you will need to supervise and manage the sales activities and the sales personnel. Apart from that, you will also need to focus on the sales activities of the corporation on a daily basis. You will also need to make a sales strategy and sales objectives and monitor their performance.

2. Retail Manager

Retail managers have the responsibility to run and manage retail stores. Apart from managing the employees, you will need to keep a track of the inventories as well.

3. Social Media Manager

Here, you will need to promote the products and offers of the brand with the help of social media platforms. Furthermore, you will also be responsible for organizing campaigns, developing campaigns, and messaging people.

4. Finance Manager

You will be concerned about the finance of the business if you work as a finance manager. You will need to make financial reports, create financial strategies, and monitor investment activities. In addition, you will be in charge of managing the company’s revenue and expenses.

5. Product Designer

If you are a product designer, you will have a lot of demand in the industry. The average salary of product designers is $100K. You will also need to monitor the entire designing process of the consumer durable products that the company you are working for. To design products, you will have to work with product managers and engineers.

Best Paying Jobs In Consumer Durables- Scale Of Payment

The different jobs in consumer durables have different salaries since the responsibilities of the jobs are different in every case. A job in the industry will allow you to work in the area of your interest. Whether you are interested in household durability or you have more knowledge of technology and electronic appliances, you will still get decent pay if you have good knowledge of the sector that you are working in.

As a starter, you will get a decent pay of about $15,000. This is a great number for someone who is starting out in the consumer durables industry. As you rise through the ladder in the industry, once you become a marketing manager, you will be able to earn $143K on average. However, a business analyst in the industry earns an average salary of $78K in the USA.

Summing Up

In the field of consumer durables, you will be able to come across a wide range of opportunities, in addition to a large number of benefits. The reason behind this fact is that consumer durable products are available everywhere, and also, they are always in high demand. Apart from that, these products are easy to use and also have a high cost, which enables companies and workers to make a good profit.

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how many jobs are available in other consumer services

Soumava Goswami

A passionate writer and an avid reader, Soumava is academically inclined and loves writing on topics requiring deep research. Having 3+ years of experience, Soumava also loves writing blogs in other domains, including digital marketing, business, technology, travel, and sports.

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How Many Jobs Are Available In Real Estate Investment Trusts?

How many jobs are available in real estate investment trusts? What are the best paying jobs in real estate investment trusts? Is real estate investment trusts a good career path? If you are searching for these queries, then you are at the right place! Real estate investment trusts are firms that hold finance producing real estate across many areas. This company is situated in almost every state of the United States. However, there are various conditions or requirements for a company to fulfill the basic terms and conditions of Real Estate Investment Trusts (REITs). Keep reading this article till the end to learn more about the same... Keep reading this article till the end to learn more about the same... How Many Jobs Are Available In Real Estate Investment Trusts? According to Indeed and LinkedIn, there are more than two thousand jobs available in real estate investment trusts. However, this number can increase or decrease as per the vacancy available in various sectors. REITs are a rapidly growing industry where many investors are willing to invest more and more due to their investing benefits. On the other hand, ranging from the back office to customer support, there are many jobs available in real estate investment trusts (REITs) but the United States is not hiring all individuals. You can apply for the post of real estate investment trusts (REITs jobs). The latest update shows that the total number of jobs in real estate investment trusts is as follows: New York - 130 Jobs Ashburn - 14 Jobs Scottsdale - 12 Jobs Milwaukee - 12 Jobs Virginia Beach - 12 Jobs Tampa - 13 Jobs Philadelphia - 16 Jobs Toledo - 17 Jobs San Diego - 18 Jobs Glendale - 13 Jobs Jersey - 20 Jobs Newark - 26 Jobs Austin - 26 Jobs San Francisco - 27 Jobs Washington - 28 Jobs Denver - 32 Jobs Atlanta - 42 Jobs Houston - 50 Jobs Los Angeles - 50 Jobs Dallas - 72 Jobs Chicago - 74 Jobs Is Real Estate Investment Trusts A Good Career Path? There are many queries regarding the opportunities of real estate investment trusts that it offers to its investors. REITs are a good career path but qualifying all the requirements of REITs may not be possible for every firm or individual. Real estate investment trusts are a good career path, and one of the main reasons is a high return on investment. On the other hand, there are some basic factors that you need to consider before choosing REITs as your career path. According to sources, in recent years, there has been a relatively steady increase in the number of real estate investment trusts (REITs) in the United States. There were 206 REITs in 2022, down from 217 the year before. The market cap increased significantly despite the decrease in the number of REITs. What Are The Best Paying Jobs in Real Estate Investment Trusts? To know how many jobs are available in real estate investment trusts, first, you need to know what are the best paying jobs in REITs. According to our research, the best paying jobs in real estate investment trusts (REITs) are salespeople, leasing agents, broker jobs, fund managers, and much more. The descriptions of all jobs differ and you need to understand the basics of each and then you can proceed to know the best ones for yourself. The benefits will increase more when you own your own real estate investments. Now, let’s discuss the top departments that get the highest salary in the real estate investment trusts. 1. Asset Manager Within REITs, the Asset Management function is responsible for the financial and operational performance of the portfolio. They manage client assets according to investment goals and preferences. Moreover, these managers develop, organize and maintain client portfolios. It is one of the highest-paying jobs, with salaries ranging from $70,000 to $1,000,000. They must monitor the financial and operational success of the business. In addition, they are in charge of marketing, locating investors, and verifying returns. Asset management can be a good career, especially for investment banking, finance students, and high-performing economics. At the end of 2019, BlackRock was the largest asset management firm all over the world, with managed assets of around 7043 trillion US dollars. Thus, this is really a huge amount! 2. Property Manager It will surprise you to learn that approximately 15,000 property managers are employed in the United States at the moment, and this number is growing. Engaging with clients and selling or renting property at the best prices are the responsibilities of a property manager. From leasing to collections and property upkeep, they take care of everything. The best part is that no minimum qualifications are required to apply for this position. The compensation for this occupation goes from $55,000 to $65,000 every year, and the featuring part is that the vocation development is very great. 3. Acquisitions Working for this job profile necessitates a significant amount of analysis because they must identify and evaluate potential acquisition targets. This industry offers a lot of job opportunities, and the good news is that it pays well—about $80,000 per year. They must be able to solve problems well and be aware of new investment opportunities to increase revenue. One of the best jobs in the real estate investment trust industry is this one. Acquisition departments provide paying jobs in real estate investment trusts. However, this is a pretty finance-heavy role within the real estate industry. 4. Investor Relations This department of real estate investment management manages all outward-facing communication with REIT shareholders. An average management investor earns up to $150,000. This is truly huge, and this is regarded as the best paying job role in REITs. If you're looking for a position in the finance and accounts department, this is it. The best part is that it pays very well and has good growth potential. The job of investor relations also includes organizing and preparing for the annual meeting, which includes writing a proxy statement and an annual report for the company. Now, to get this job role, you need an undergraduate degree with a background in finance or accounting. 5. Real Estate Investor This is one of the best jobs in the real estate investment trust industry because, in addition to the high salary, there are good chances of advancement in this industry. Their primary function is to assist individuals in achieving financial independence through real estate investments. This job requires extensive market research before investing and trading, which takes time. You will be required to perform a variety of tasks, including checking, maintaining, flipping, purchasing, and rehabilitating the properties, making it not only mentally but also physically demanding. All of this helps them increase the value of their investments. You need a degree in accounting, finance, or business to become a real investor because you need to come up with ways to make better investments for yourself and your clients. A real estate investor earns anywhere from $15,000 to $15,000 per year. How Many Jobs Are Available In Real Estate Investment Trusts? According to Indeed, there are more than two thousand jobs available in real estate investment trusts. However, this number can increase or decrease as per the vacancies available in various sectors. REITs are a rapidly growing industry where many investors are willing to invest more and more due to their investing benefits. On the other hand, ranging from the back office to customer support, there are many jobs available in real estate investment trusts (REITs). According to sources, in recent years, there has been a relatively steady increase in the number of real estate investment trusts (REITs) in the United States. There were 206 REITs in 2022, down from 217 the year before. The market cap increased significantly despite the decrease in the number of REITs Wrapping It Up! The above discussed are the best paying jobs in real estate investment trusts that you must know before investing in this asset. Besides, I have tried my best to provide you the detailed information about how many jobs are available in real estate investment trusts. Still, if you have any doubts, you can mention them in the comment section below. Read Also About: Is Energy A Good Career Path Is Business Services A Good Career Path Is Other Consumer Services A Good Career Path

How To Make 360 Degree Performance Review Work For You!

Many organizations have different methods for assessing employees' performance. 360 Degree Performance Review is essential for your company. Are you considering if you should ditch the annual review model and use another type of performance review model? One concept to consider is a 360 degree performance review. This performance review allows extensive feedback and not just the managers’ feedback. If done correctly, it can render insightful results, thus improving overall employee engagement. It's an intensive type of assessment which involves collating a lot of data, which is purely subjective. This performance review allows employees to receive performance feedback not only from their managers but also from colleagues, vendor customers, among other people in the organization. If they are shying away from using 360 performance due to post about mangled performance reviews, here are a few tips on how to make it work for you. Different Ways 360 Degree Performance Review Can Work Well For You 1. Don’t evaluate jobs, evaluate how it’s done: To make 360 reviews work for you, you need to assess staff based on how they make their career within the organization and not based on the outcome. Assessing how jobs get done reflects the amount of effort used to get work done. You need to identify the core skills and competencies that you would like the employees to own and access them accordingly. 2. Constructive criticism is key: The purpose of 360 reviews is to aid staff members to grow in their career. Criticism is a vital part of a performance review which shouldn't be taken lightly. If poorly handled it’s one of the places where performance review tends to go wrong. Each employee is entitled to their own opinion. However, before beginning the review process, lay down the ground rules on what counts as fair criticism and what doesn’t. 3. Review regularly: To make 360-degree performance reviews work, you need to review your employees’ work often. Considering staff less frequently makes them assume that their work doesn't need improvement or the organization is happy with the current productivity. This review enables you to where things are not as per with organizational goals and objectives often. 4. Give supportive end review: Performance reviews can lead to the achievement of the organizational goals. However, it possesses a potential danger of disengagement in staff members. It's your duty as a manager to become supportive and helpful despite the result of the performance review. For this review to become effective in your organization, you need to come together with your employees to hash out a plan on an agreement that's beneficial and motivating. This will make the employees work better as it will make them not feel demoralized or hurt 5. Managers shouldn’t be exempted from the review: Nobody is exempt from the analysis. High-level executives, managers, and CEOs are part of the organization. They offer their input and work towards achieving the organizational goals and objectives. If they don't get a performance review, it’s had to know they understand how to lead people better. Conclusion: While using this review model, be aware that it has potential risks. It's basically about gathering opinions which doesn't equate to reliable data. It's less detailed than the supervisor's feedback and its gamed-the more consequential the input the more a problem is likely to arise. However, it can help people become more aware of undesirable behavior patterns if grievances are that have nothing to do with work performance don't enter the process. Despite the downsize, there are some upsides to consider. The tips stated above one can make 360-degree performance reviews work for their organization. Read Also: Employee Monitoring Linked To Business Growth Is Your Company Offering Enough To Potential Employees?

Career Development Plan: What Is It And How To Create One?

A career development plan is essential to create specific and measurable goals for your career. However, creating a career roadmap can take time for a beginner and requires significant work. Even so, by creating one, you can better understand where you want to take your career forward. In this article, you will learn about career development plans in general and how to create one. Apart from that, this article will also explain the benefits of creating such a plan. Finally, you will learn how to create such a plan according to the demands of your career outcomes. Hence, to learn more, read on to the end of the article. Career Development Plan: A General Overview If you are reading this article, it is evident that you have certain career aspirations. Perhaps you want to rise the corporate ladder, or you are looking for ways to change industries. On the other hand, you might want to work for a business giant. No matter what your career target is, a career development plan will give you a roadmap on which to focus. Basically, it is a document that consists of a description of your goals and your pathway. For instance, it includes descriptions of how to achieve a particular skill, prepare for a job, reach out to a recruiter on LinkedIn, etc. How Does A Career Development Plan Work? Generally, career development plans vary depending on your chosen career and what you need to go forward with. However, there are some things common in every plan. These include summary statements, short-term goals, long-term goals, current skills, developing skills, conceptual skills, resources, etc. Here is a general outline of a career development plan: Starting Point Your current point in your career. Destination The point up to which you want to go in your career. Gap Hurdles/Obstacles you must overcome to reach your Career Destination. Route Steps to take if you want to close the gap between your Starting Point and Destination. Basically, it would help if you had a personalized plan for yourself. This will help you identify specific goals for your career that you can achieve. Then, you need to design and implement the right strategies to achieve your career goals. Benefits Of Having A Career Development Plan The following are the major advantages of a career development plan you will benefit from: A. Getting A Future Roadmap Once you start creating your plan, you will have your end goals in mind. Hence, you will end up finding out how to achieve your goals. However, you will make random career decisions if you do not have a plan. This will take you further from your career goal. B. Skill Gap Identification You must definitely have some strengths that will help you in your career. However, it would help if you had some weaknesses as well. In this case, with the help of a career development plan, you can turn them into opportunities. Basically, the plan will help you to fill gaps in your career. Thereby, you can become a strong employee for your organization and gain new skills. For instance, if you are strong in coding, you can start developing your oral communication networking skills. For example, being good at soft skills can help you in interview prep. C. Motivation If you are happy with your plan, you can motivate yourself daily to push towards your goals and work harder. On the other hand, if you lack such a plan, you will not have a plan to focus on, and you can easily give up in no time. Here, you must understand that motivation is key no matter what type of goals you have. Steps To Create A Career Development Plan When you are about to create a career development plan, you are the one who is in complete control. Hence, you can choose how you want to proceed with the plan. Since you are using the plan per your unique needs, you must decide what you want to include or remove. The following are the steps you must follow if you want to create your career development plan effectively: 1. Have A Good Idea Of Your Current Situation Firstly, you must determine where you stand in your career at the current moment. Hence, it would help if you determine answers to these aspects: Previous experiences (employment and learning) What do you enjoy? Your likes and dislikes. What is your life’s calling or aim? Do you like to work independently or in a group? Things that motivate or excite you the most. In this case, you must consider your current situation or employment position. Then, you must compare it with your past experiences, education, strengths, skills, desires, and values. As a result, this will serve as the basis of your future career potential. 2. What Are Your Goals? The next step to consider when you are creating your career development plan is what your career goal is. Basically, it is what you want to accomplish with the plan. This will give you a sense of purpose and direction. Additionally, when you break down your goals into smaller objectives, it will be easier for you to accomplish them. Moreover, ensure your goals follow the SMART (Specific, Measurable, Achievable, Realistic, and Timely) framework. Furthermore, it would help if you also break down your goals into long-term and short-term goals. Here, long-term goals are the ones that you will achieve in the next five to ten years. On the other hand, short-term goals are the ones that you can achieve in one or two years or a few months. 3. Determine Your Current Skills You know what skills you have or what you are good at. Hence, once you determine your current skills, you can find out what skills you lack but are important if you want to achieve your goals. How do you find out which skills to develop? - Read job postings that you want to achieve and those that are dependent on your current position. Here, you can find out the skills that those job positions need. This way, you can develop your skills and prepare for those positions. For example, say you are a marketing manager and good at search engine optimization. However, you know that you have to be strong in content marketing. Hence, you can look for skills a content marketer needs to develop. Thereby, you can learn those skills accordingly to make a career leap. 4. Gather Your Resources You can take advantage of many resources if you want to achieve your career goals. Understand that you do not need to meet your career goals alone. For instance, you can start by determining whether your current employer offers a career development program. Moreover, you can explore various opportunities to meet mentors from your field. For instance, many companies/organizations offer mentorship programs for their employees. Apart from that, you can also consider participating in career development classes or workshops. In such cases, you must not be afraid to ask questions since you learn from other experts. 5. Start Working No matter how many plans you make, you must be willing to put in the work to make progress toward your goals. On the other hand, consider involving your supervisors and managers in checking in with them daily. Here, you can ask them to share their perspectives as well. Hence, as you start working towards your goals, seek guidance. Moreover, do not shy away from trying something new along the way. 6. Track Your Progress Working on your career goals and focusing on professional development are difficult. Hence, you need to keep track of your milestones. Once you keep track of your milestones, you can achieve them one by one. Furthermore, celebrate once you achieve a milestone. This will motivate you from time to time and keep you going. You do not need to go too hard on yourself. Understand that you can develop your career and have fun simultaneously. 7. Revisit Your Plan Refrain from expecting your plan to be foolproof. Hence, you must make your plan flexible enough to adapt to new situations. For instance, as your circumstances change, your goals might evolve. Hence, in such situations, you must modify your career plan. Additionally, review your plan every four months and revise it as needed. Creating Your Plan: The Way Forward When you create your career development plan, it will be unique to you. However, no one can deny that some career goals are difficult to meet. Hence, you must stay disciplined and persistent no matter how good your plan is. The best way to achieve such goals is to break down the goals into smaller objectives. Once you accomplish each objective, try to reward yourself. This will keep you excited in the long run. Do you have more suggestions on creating a plan for a successful career? Please share your ideas and opinions in the comments section below. Read Also: The Secret To Finding A Career That You’ll Actually Love How To Tailor Your Resume To Get That Dream Job? How Do I Qualify for High Paying Remote Jobs?

Best Paying Jobs In Consumer Durables

Consumer Durables – Why Is It A Good Career Path?