Published on: 18 June 2023
Last Updated on: 14 March 2024
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.
Ankita Tripathy loves to write about food and the Hallyu Wave in particular. During her free time, she enjoys looking at the sky or reading books while sipping a cup of hot coffee. Her favourite niches are food, music, lifestyle, travel, and Korean Pop music and drama.
Imagine this: you have been working in a big tech company for years. You are an experienced professional with great qualifications. Suddenly, one fine day you get to know after reaching your office or through a mail that the company has decided to lay you off!
If this hypothetical scenario has given you a deja vu, then welcome to reality! You are not the only one who has gone through this.
After the hiring spree that the tech industry went through during the pandemic, they are now resorting to mass layoffs.
Now, naturally, these experienced individuals are now in search of other career options and job opportunities. Additionally, they both men and women are even considering entering the blue collar industry to earn their livelihood.
However, which field should you go to? What to do next? If these are some of the things that you have been searching for, then I have you covered! Therefore, keep on reading this blog till the end to learn more…
The Saga of Big Tech Layoffs?
Large number of significant companies like Microsoft, Amazon, and Google have been terminating workers for a variety of reasons in recent years.
As I have already mentioned, due to people working from home and doing online shopping during the pandemic, there was an unexpected demand for digital services. To accommodate this need, tech companies soon hired a large number of workers.
For instance, in order to accommodate additional people, Google extended its video conferencing offerings. Now that things are getting back to normal, there is a stable demand for these services, which means businesses don't require as many personnel.
The world economy is changing. Money is moving less freely, and investors are being more frugal with their investments. Thus, there is pressure on tech companies to reduce their spending and increase their efficiency.
And what does this mean? Lay offs!
Investors are looking for tech companies to grow quickly. They pressure businesses to reduce expenses when growth slows, which frequently results in layoffs. They want businesses to eliminate anything that isn't absolutely necessary and concentrate on the most vital projects.
Employers may fire workers because other employers are doing the same thing. Even though it's not the ideal choice, it's like a trend that gains traction. This phenomenon is known as "social contagion," and it may result in needless layoffs.
“The job cuts surpassed 150,000 in 2022 and continue in 2023, with over 13,900 new ones as of March,” according to 365 Data Science.
Tech companies are constantly striving to maintain their competitive edge. They may need to rearrange their teams in order to do this and concentrate on the most important tasks. As a result, employment may be eliminated when the business attempts to simplify its processes.
What are Blue Collared Jobs?
Blue-collar jobs are those that usually require specialized trades or manual labor. These are the types of jobs, such as factory worker, mechanic, or electrician, where employees may wear protective clothes or a uniform.
There has been a discernible trend in favour of these positions recently. Let me tell you why, in case you were wondering: there are a number of reasons!
First and foremost, physical strength is no longer sufficient for blue-collar jobs due to technological advancements. Today's workforce is more competent and specialized since they must learn to use sophisticated machinery and adjust to new technologies.
Apart from this, the world economy is always evolving. There are more blue-collar occupations like manufacturing and construction in some areas due to the increased demand for commodities and construction.
Additionally, particularly in hard economic times, a lot of individuals believe that jobs in the blue collar sector are safer. These positions offer a certain amount of job stability because they are less susceptible to automation or outsourcing than some office jobs.
Vocational education and training, on the other hand, that prepares individuals for careers in the blue-collar industries is on the rise. People can more easily acquire the skills required for these employment as a result of this.
Lastly, certain blue-collar jobs pay exceptionally well, particularly if they call for a particular skill set. The opportunity for earning a good salary rises with the demand for certain skills.
All these are the reasons why the perception of manual labour is evolving. It is now viewed as a realistic career path with prospects for progress and fulfilment rather than a last resort.
Why are People Shifting to Blue Collar Jobs After Tech Lay Offs?
The shift from white-collar tech jobs to blue-collar work is influenced by several factors. During economic downturns, tech companies often reduce their workforce to cut costs, leading to layoffs.
These layoffs can prompt former tech employees to seek more stable employment opportunities, and blue-collar jobs can offer that stability.
Blue-collar jobs are less susceptible to automation and outsourcing compared to some tech positions. Trades like electricians, plumbers, and mechanics provide essential services that require a physical presence and can't be easily replaced by technology.
Additionally, there's a growing appreciation for the skilled labour involved in these trades, which can also offer competitive salaries.
The rise of e-commerce and online services has also increased demand for blue-collar workers in logistics, warehousing, and transportation.
Moreover, with the focus on sustainability and renewable energy, jobs like solar panel installers and wind turbine technicians are becoming more prevalent and lucrative.
For those laid off from tech, retraining for blue-collar work can be a pathway to a new career. Vocational schools and community colleges offer programs to quickly learn the necessary skills, making the transition feasible.
The combination of job security, competitive pay, and the satisfaction of hands-on work makes blue-collar jobs an attractive option for many, especially people after getting laid off from big tech companies.
Are Blue Collared Jobs a Good Career Path?
According to most experts, professions in blue-collar employment can be quite fulfilling, especially in the current period. Demand and salaries for these jobs have been rising, according to the Bureau of Labor Statistics (BLS).
The BLS reports that the average hourly salary for blue-collar employment has increased. In 2022, the average hourly wage for jobs in the construction and extraction industries, for example, was $21.38 for intermediate-level workers and $38.45 for experienced workers. This illustrates how experience can lead to a significant boost in a worker's income.
The manufacturing, mining, construction, and logging industries are examples of blue-collar businesses that are vital to the economy. The BLS monitors employment growth in these industries, suggesting a consistent need for blue-collar workers.
The number of new jobs anticipated over the next ten years is also disclosed by the BLS. These forecasts frequently include blue-collar jobs, indicating that they will remain a source of employment prospects.
Because of technological improvements, blue-collar professions increasingly require a combination of technical abilities and physical labour. This combination may open up more profitable and specialized employment options.
Blue-collar employment comes in a variety of forms, ranging from more conventional occupations like electricians and plumbers to more contemporary roles utilizing cutting-edge gear. Because of this diversity, there are numerous career options in the blue-collar industry.
Additionally, the average wages of blue collar jobs have increased since 1990. “Not only does it reflect potential improvements in the quality of life and purchasing power among the blue-collar demographic, but it also indicates possible shifts in the societal value placed on skilled manual labour over the past few decades,” according to Gitnux.
How Many Jobs are Available in Blue Collared Industry?
Now that you are aware of what blue collared jobs are and why has there been a rise in the number of these jobs, it is time for you to know how many jobs are available in this field.
When it comes to the United States, we can see that the number of vacancies in this field has increased rapidly over the past few years.
For instance, the manufacturing industry, which is a key blue collar sector, employed near about 12.1 million people in the year 2020. This sector is popular for producing goods. Since the beginning of this industry, the manufacturing sector has been providing employment to a sizable workforce.
Between 2016 and 2019, the number of manufacturing jobs in the US increased by 454,000. Manufacturing jobs make up a large portion of the blue-collar employment sector. Therefore, this growth implies that manpower is required in this industry.
Additionally, in 2019, almost 16% of all blue-collar workers in the US were employed in the construction industry. This is yet another widely popular blue collar sector.
Now, according to several reports, there is a scarcity of the blue collar workers in the industry. This deficit is expected to persist until at least 2030.
Because of this shortage, there are more job openings in these areas than there are workers, which is helpful for people looking for work in these sectors.
A research suggests that there may be 2.4 million unfilled manufacturing jobs in the US between 2018 and 2028. This suggests that the blue-collar sector has a large number of available jobs.
Best Blue Collar Jobs to Take After Getting Laid Off from Big Tech Companies
If you are planning to get a complete career switch, and do something else that also comes with stability and its own share of benefits, it is time for you to think about getting into blue collared jobs!
Wondering which ones to choose? I have you sorted!
Here is a complete list of some of the best blue collar jobs that you can try if your big tech company had laid you off!
1. Electrician
Electricians install, maintain, and repair electrical power systems in homes and businesses.
Average Salary: $56,900
Skill Set: Electrical knowledge, problem-solving, safety awareness.
2. Plumber
Plumbers work on piping systems for water, gas, and waste, ensuring they are functional and leak-free.
Average Salary: $55,160
Skill Set: Manual dexterity, understanding of plumbing systems, and customer service.
3. Welder
Welders join metal parts using various welding techniques, often for construction or manufacturing.
Average Salary: $44,190
Skill Set: Precision, steady hands, knowledge of welding methods.
4. Carpenter
Carpenters build and repair building frameworks and structures, such as stairways and doorframes.
Average Salary: $49,520
Skill Set: Math skills, physical strength, attention to detail.
5. HVAC Technician
HVAC technicians install and repair heating, air conditioning, and refrigeration systems.
Average Salary: $50,590
Skill Set: Mechanical skills, troubleshooting, customer service.
6. Construction Worker
Construction workers perform various tasks at construction sites, from operating machinery to laying bricks.
Average Salary: $37,890
Skill Set: Physical stamina, teamwork, basic construction knowledge.
7. Automotive Mechanic
Mechanics inspect, maintain, and repair cars and trucks.
Average Salary: $44,050
Skill Set: Problem-solving, automotive knowledge, customer service.
8. Machinist
Machinists operate machine tools to produce precision metal parts.
Average Salary: $45,840
Skill Set: Technical skills, attention to detail, stamina.
9. Painter
Painters apply paint, stain, and coatings to walls, buildings, bridges, and other structures.
Average Salary: $41,540
Skill Set: Aesthetic sense, precision, physical endurance.
10. Truck Driver
Truck drivers transport goods over short or long distances.
Average Salary: $47,130
Skill Set: Driving skills, time management, stress tolerance.
11. Landscaper
Landscapers create and maintain outdoor spaces, planting flowers, and trimming hedges.
Average Salary: $32,220
Skill Set: Creativity, physical fitness, plant knowledge.
12. Boilermaker
Boilermakers assemble, install, and repair boilers and other large containers holding liquids and gases.
Average Salary: $63,100
Skill Set: Welding, blueprint reading, physical strength.
13. Sheet Metal Worker
These workers fabricate or install products made from thin metal sheets.
Average Salary: $51,370
Skill Set: Dexterity, spatial skills, reading blueprints.
14. Ironworker
Ironworkers install iron elements for buildings and bridges.
Average Salary: $53,650
Skill Set: Balance, strength, fearlessness at heights.
15. Bricklayer
Bricklayers lay bricks, concrete blocks, and other types of building blocks in mortar.
Average Salary: $53,100
Skill Set: Hand-eye coordination, physical strength, precision.
16. Pipefitter
Pipefitters install and repair high-pressure piping systems.
Average Salary: $58,150
Skill Set: Math skills, problem-solving, physical strength.
17. Crane Operator
Crane operators use cranes to lift, move, or place equipment and materials.
Average Salary: $60,530
Skill Set: Attention to detail, hand-eye coordination, patience.
18. Roofer
Roofers repair and install roofs using various materials.
Average Salary: $42,100
Skill Set: Balance, no fear of heights, physical strength.
19. Tile and Marble Setter
These workers lay and finish tile and marble floors and walls.
Average Salary: $43,050
Skill Set: Detail-oriented, artistic skills, physical stamina.
20. Elevator Installer and Repairer
They install, fix, and maintain elevators, escalators, and other lifts.
Average Salary: $84,990
Skill Set: Mechanical skills, troubleshooting, precision.
21. Wind Turbine Technician
Technicians install, maintain, and repair wind turbines.
Average Salary: $56,230
Skill Set: Technical skills, no fear of heights, problem-solving.
22. Solar Photovoltaic Installer
Installers set up and maintain solar panels.
Average Salary: $44,890
Skill Set: Electrical skills, strength, balance.
23. Insulation Worker
Insulation workers install and replace materials used to insulate buildings.
Average Salary: $45,320
Skill Set: Dexterity, reading blueprints, measuring skills.
24. Heavy Equipment Operator
Operators control heavy machinery used in construction.
Average Salary: $49,100
Skill Set: Coordination, machine operation, attention to safety.
25. Railroad Worker
Railroad workers maintain and operate train systems.
Average Salary: $64,210
Skill Set: Mechanical skills, strength, alertness.
26. Telecommunications Line Installer
These workers install and repair telecommunications cables, including fibre optics.
Average Salary: $58,280
Skill Set: Technical knowledge, climbing skills, problem-solving.
Best Career Options to Take After Getting Laid Off from Big Tech Companies
Coming back to what I had mentioned earlier in this blog. It has been seen that most of the people who have been laid off by the big tech companies are experienced, professionals.
They have years of experience and that is the reason it is only natural that these lay offs feel like getting thrown under the bus out of nowhere.
However, if you are planning to stay in the tech industry, it is possible for you to get a new job and make a career shift. Here are the top 25 carer options to try out after getting laid off from big tech companies:
1. Data Scientist
Average Salary: $120,000/year.
As a data scientist, you will be responsible for analyzing complex data to help companies make better decisions. You would need to interpret huge amounts of data from several sources, using data mining, algorithmic, machine learning and artificial intelligence, as well as statistical tools, and make it accessible to businesses.
Skill Set: Proficiency in programming languages like Python or R, statistical analysis, and machine learning.
2. Cybersecurity Analyst
Average Salary: $99,000/year.
The primary task of a Cybersecurity Analyst is to protect company networks and systems from cyber threats. They are responsible for monitoring security incidents and responding to them as and when required. If you are planning to take up this career, you need to analyze security alerts and scrutinize potential threats. Additionally, you will have to take action in order to mitigate the risks.
Skill Set: Knowledge of security protocols, risk analysis, and familiarity with hacking techniques.
3. Software Developer
Average Salary: $107,000/year.
If you are planning to become a software developer, you have chosen a great career path. They are programmers who use their skills for creating new software. Additionally, they are responsible for improving software applications which already exist. You will need to design and code for building operating systems and/or mobile apps. In short, software developers create software to solve problems or fulfil user needs.
Skill Set: Strong coding skills in languages like Java, C++, or Python, and an understanding of software development methodologies.
4. UI/UX Designer
Average Salary: $85,000/year.
Just in case you did not know, UI stands for User Interface and UX stands for User Experience. These designers are responsible for improving user experience and interface design for better usability. If you are planning to be one, you will need to gather the user requirements, evaluate and analyze them, and collaborate with the product managers and the engineers who are equally responsible for launching the product.
Skill Set: Design tools like Sketch or Adobe XD, user research, and prototyping.
5. Web Developer
Average Salary: $75,000/year.
The task of a web developer is to build and maintain websites. They are responsible for ensuring that the website they are creating is visually appealing and that the interface is easy to navigate. Additionally, the web developers are also responsible for ensuring that the website’s performance goes smoothly and it works at full capacity.
Skill Set: HTML, CSS, JavaScript, and knowledge of web frameworks.
6. Software QA Tester
Average Salary: $70,000/year.
While the software developers create and design the software applications, the task of the software QA tester is to check the quality of the software through manual and automated testing. They are responsible forchecking the software before it is launched and report the defects that need to be rectified.
Skill Set: Testing tools, attention to detail, and analytical skills.
7. IT Director
Average Salary: $140,000/year.
Just as the name suggests, IT directors oversee technology strategies and operations within a company. They are responsible and in charge of the technology in the organization. Additionally, if you are planning to be an IT director, you need to research as well as purchase all the hardware and software for any updates when required.
Skill Set: Leadership, strategic planning, and a broad understanding of IT infrastructure.
8. Database Architect
Average Salary: $115,000/year.
Database architects design and manage complex databases for companies to store and organize data. As a database architect, you will be responsible for working with firms which provide design services for computers.
Skill Set: SQL, database management systems, and data modelling.
9. Cloud Engineer
Average Salary: $120,000/year.
Cloud engineers are professionals in the IT industry who are are responsible for anything and everything that is related to cloud computing. They manage cloud-based systems and services. Additionally, you will be responsible for ensuring that you follow systematic approaches to solve the issues that your organization faces.
Skill Set: Cloud platforms like AWS or Azure, networking, and security.
10. AI Specialist
Average Salary: $130,000/year.
An AI specialist is a professional who is responsible for developing intelligent systems and applications for their organization. Their primary role is to ensure that they design and create the automated software that mimic human intelligence which will help their organization.
Skill Set: Machine learning, neural networks, and programming skills.
11. Product Manager
Average Salary: $109,000/year.
The role of a product manager is to guide the development and strategy of a product. They are responsible for identifying the needs of a customer and the objectives of businesses about the product. In short, if you are planning to be a product manager, you will need to ensure that you are in total control of everything that a particular product needs to be, from scratch!
Skill Set: Market analysis, project management, and communication.
12. Technical Writer
Average Salary: $72,000/year.
The task of a technical writer is to create documentation for technical products. Consider that a product is in the making. The task of you as a technical writer would be to ensure that you document each and every step that was taken to create the product. You are required to create a technical user manual using the right tools to be able to collaborate with the designers and other professionals.
Skill Set: Writing skills, technical knowledge, and ability to explain complex concepts simply.
13. Business Analyst
Average Salary: $82,000/year.
If you are planning to become a business analyst, you will be responsible for analyzing the data related to the specific business. Your goal would be to ensure that you are able to help the organization achieve its goals with the help of the data that you have.
Skill Set: Analytical thinking, problem-solving, and knowledge of business software.
14. Network Engineer
Average Salary: $85,000/year.
The next one on the list of career options that you can take if you get laid off from big tech companies is to be a network engineer. They are professionals who design and maintain computer networks. They are also responsible for implementing as well as troubleshooting the computer network of an organization.
Skill Set: Networking protocols, hardware, and troubleshooting skills.
15. Systems Analyst
Average Salary: $88,000/year.
Last but not least, systems analysts play a role in assessing and improving computer systems for businesses. They are closely related to modifying and integrating new features to improve business efficiency.
Skill Set: Systems design, problem-solving, and technical communication.
Other Career Options After Getting Laid Off!
Did you think that the list was over? Hell no!
Here are some often other career options that you can tube about if you are planning to stay in the tech industry while getting laid off from the big tech companies:
16. DevOps Engineer
DevOps engineers work on system deployment and network operations.
Average Salary: $115,000/year.
Skill Set: Automation tools, coding, and system administration.
17. Digital Marketing Specialist
They create and manage online marketing campaigns.
Average Salary: $67,000/year.
Skill Set: SEO, content marketing, and analytics tools.
18. Sales Engineer
Sales engineers combine technical knowledge with sales skills to sell complex products.
Average Salary: $103,000/year.
Skill Set: Technical expertise, sales experience, and communication skills.
19. Data Analyst
Data analysts interpret data to help businesses make informed decisions.
Average Salary: $68,000/year.
Skill Set: Data visualization, statistical software, and database querying.
20. HR Specialist
HR specialists manage employee relations and company policies.
Average Salary: $61,000/year.
Skill Set: Knowledge of HR practices, communication, and organizational skills.
21. Customer Success Manager
They ensure customers are satisfied and engaged with the product.
Average Salary: $90,000/year.
Skill Set: Customer service, project management, and interpersonal skills.
22. Technical Support Specialist
Technical support specialists help users with technical issues.
Average Salary: $50,000/year.
Skill Set: Troubleshooting, knowledge of hardware/software, and customer service.
23. Research Scientist
Research scientists conduct experiments to develop new products or knowledge.
Average Salary: $99,000/year.
Skill Set: Scientific research, data analysis, and critical thinking.
24. Consultant
Consultants provide expert advice to improve business performance.
Average Salary: $85,000/year.
Skill Set: Industry knowledge, problem-solving, and communication.
25. Entrepreneur
Entrepreneurs start their own businesses or ventures.
Average Salary: Variable.
Skill Set: Creativity, risk-taking, and business acumen.
Wrapping It Up!
Considering the fact that there has been a rise in layoffs by big tech companies like Microsoft and Google, employees who have years of experience have been losing their jobs. Hence, there is absolutely no doubt that people are in utter shock.
However, if you are someone who is planning to switch your career or even start your career in blue collar industry, it is possible.
As an experienced professional, you will be able to easily get hatred by other tech companies in the same niche. On the other hand, if you are planning to start your career in blue collar industry, you will be.
In case you were searching about the career options that you can take after getting laid off by big tech companies, I hope that this blog has been of help to you, If there are any other questions that you might have related to the same, please feel free to let me know.
All that you need to do is scroll down till you reach the bottom of the page. Then leave your comments and suggestions in the box below. And I will be there to help you out with the same
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Searching for the answer of how many jobs are available in telecommunications equipment? Then I must say you are not alone in this search line! There are many more people from the United States Of America who would like to know the answer. Therefore many more want to start their careers in the Telecommunication equipment department. The employees also get a pretty promising salary hike and learning opportunities.
We all know almost every person wants to have these two in their professional life. And the telecommunication equipment department is the perfect selection for those who have a great passion for pursuing their career in the telecommunication department.
What Does Telecommunication Equipment Mean?
The telecommunication department refers to the hardware used for the telecommunication sectors. This hardware use transmission lines, multiplexers, and transceiver stations.
Telecommunication technologies like radios and computers are everywhere, hence this telecommunication equipment is slowly taking over all communication mediums.
Since the 1990s, two separate departments have come under a single umbrella. It encompasses different types of communication technology which include telephones, radios, and computers.
At that time, the telecommunication department’s data transfer work increased. And the telecommunication department works to become more versatile and create multiple jobs for freshers and experienced telecom sector employees.
Now let’s proceed to the main answer for how many jobs are available in telecommunications equipment.
Is Telecommunications Equipment A Good Career Path?
Yes, telecom equipment manufacturing is an excellent career choice. The telecom equipment market will reach a staggering US$ 967.9 billion by 2030, according to a report from Acumen.
In any case, what does it imply concerning development? The market was worth US$ 538 billion in 2021. Therefore, the growth rate between 2022 and 2030 stands at a respectable 6.9%. So, is a career in telecommunications equipment a good one? Here we let you know the details and the reasons it is.
On the off chance that we take a gander at the measurements we have begun with, the response is a reverberating yes. But a career isn't just about numbers, right?
Yes, we are completely in agreement with you. All aspects of working in this industry will be examined in detail in this article. After all, you need to make a well-informed decision about your career.
The telephone, television, internet, and other communication services that people utilize make up the entirety of the telecommunications sector. The majority of people and corporations view this enormous industry as necessary. Work in telecommunications equipment is an excellent concept because it requires a lot of equipment due to its size and complexity.
There are many different professions that fall under the category of working with telecommunications equipment, ranging from those who are entry-level and don't require any special training to those who are in charge of operating the business, developing new telecom technology, and revolutionizing global communication.
What Types Of Jobs Are Available In The Telecommunication Equipment?
Before digging for the answer to how many jobs are available in telecommunications equipment. Hence the job types are different. And the telecommunication equipment department is maintaining continuous growth.
21,510 jobs are available in the telecommunication departments, and more than 195,823 employees are working in this department. Hence if you are a passionate person and want to strive in the changing work in the telecommunication department.
Then this is the right place where you will get all of your answers related to your job search. And find the most relevant jobs for you in telecommunication equipment.
Telecommunication Equipment Engineer And Manager.
Tower And Telecommunication Technician.
Cable line Installer.
Telecommunication Equipment Engineer.
Salesperson for Telecommunication.
Senior Telecommunication Analyst.
Network Engineer.
Computer Technician.
Telecommunication Analyst.
Telecommunication Specialist.
Jobs & Career Opportunities In The Telecommunications Equipment Departement
Before thriving your career in the telecommunication equipment department, you must know
how many jobs are available in telecommunications equipment. This answer holding the information will guide you just in the right direction.
Here are the types and job profiles of the ten highest paying jobs in the telecommunication department.
1. Telecommunication Equipment Manager
Now you know how many jobs are available in telecommunications equipment. But which among these jobs are the highest paying? Every work in the telecommunication equipment looks after by the managers. Usually, the project’s estimation and budgeting everything is looked after by them.
The telecommunication equipment managers communicate with all the senior executives, colleagues, and workers to execute the projects. Every project is running under the screening of the telecommunication manager.
Salary Structure: The structure falls between $113,263 - $142,473.
2. Telecommunication Technician
The telecommunication technician is another promising career option in the telecommunications department. The telecommunication technician is responsible for every type of maintenance, repair, and installation of telecom equipment.
The challenge of this job profile is that many times the telecommunication technicians have to carry forward the work outside of their comfortable working environments. But the right knowledge and skills can ensure promising growth in this department.
Salary Structure: The telecommunication technician's salary structure falls between $50,940 - $66,217.
3. System Manager
System manager jobs are another great selection for telecommunication job seekers. If you want to know how many jobs are available in telecommunications equipment. Therefore it means you are already showing interest in this sector. And job profiles of the system managers are very similar to the IT department employees.
The job roles of system managers are to maintain and repair telecommunication equipment. Hence to excel in this department, you have to understand the telecommunication department's functions. And know the right strategy to resolve telecommunication issues.
Salary Structure: The system manager’s salary structure falls between $78,217 - $86479.
4. Cable Installer
The cable installer is another telecommunication equipment job that is created to handle all works related to cable installations and repair. The main job roles of the cable installers are to take care of the new cable installation works and repair the old works if required.
The cable installations are more like tower maintenance work. Hence people often have to climb up the poles and install the cables in the place. This is not a desk job. To get this job, you have to be fit and knowledgeable about using handheld equipment. Therefore when you want to know how many jobs are available in telecommunications equipment. You should always know what is the expected physical eligibility you required to have.
Salary Structure: The cable installer’s salary structure falls between $48,063 - $57,899.
5. VOIP Engineer
VOIP systems look after by VOIP engineers. This is a system that is a communication medium. This is a replacement for the traditional phone network system. The VOIP system installations and maintenance are the common work areas of the engineers.
The VOIP engineers are responsible for the design, installation, and maintenance of voice communications. Hence their job is associated with the company's in-house IP telephone communications.
Salary Structure: The VOIP Engineer’s salary structure falls between $82,348 - $100,295.
6. Telecommunication Operator
Everything in the telecommunication sector looks after by the telecommunication operators. The job responsibility of the telecommunication operators is to install, monitor, and repair mobile phone networks. Now you almost get the idea of how many jobs are available in telecommunications equipment. And these job types are also going to ensure you a better career graph.
Therefore, every individual company has licensed telecommunication operators who can operate their TCP/IP networks. Therefore they are eligible to provide the right services to the customers. Hence from installations to repairs, every job responsibility carries forward by these telecommunication operators.
Salary Structure: The telecommunication operator’s salary structure falls between $38,248 - $42,978.
7. Telecom Sector Customer Service Executive
The telecom sector business link with the customers. And customer service executives look after all types of customer queries. The telecom sector’s customers are seeking help for troubleshoots.
Hence that is the reason often the telecom sector companies are hiring customer service executives for better customer responses. Hence apart from the customer’s query responses, billing and selling all come under their responsibilities.
Salary Structure: The telecom sector customer care service executive’s salary fall between $107,370 - $146,000.
8. Computer Programmer
Often when people are asked how many jobs are available in telecommunications equipment. They are becoming a little confused after hearing that computer programming also comes under telecommunication jobs. Yes! Do not confuse. Now everything is becoming automatic.
Computer programmers’ jobs are also available in the telecom sectors. The job responsibility of the programmers in the telecom sector is to look after the complexity of computer programming and the telecom sector. Hence the system is complex, computer programmers can only sort out these complex structures.
Salary Structure: The computer programmer’s annual salary is $73,007 in the telecom sector.
9. Telecommunication Equipment Specialist
The telecom equipment specialist’s job responsibilities are to establish the communication systems and set up data telecommunication network circuits. From network installation to data telecommunications, everything is taken care of by these telecom equipment specialists.
From the inventory to the data network maintenance, everything is taken care of by these telecommunication equipment specialists. Hence the whole telecommunication field comes under their responsibility. The error-finding solutions are the common job responsibility of the telecommunication equipment specialist.
Salary Structure: The telecommunication equipment specialist's annual salary lies between $50,940 - $66,217.
10. Data Analyst
Data analyst jobs are another selection that is a little bit different from the rest of the telecommunication profile jobs. So the data analyst jobs count under other telecommunication jobs, Hence why it comes under the answer to how many jobs are available in telecommunications equipment.
Data analysts are responsible for data interpretations and other types of information responses. The main job profiles of the data analysts are to interpret the data information and gather the right information after analyzing the data.
Salary Structure: The telecommunication equipment data analyst's annual salary lies between $82,326 - $106,500.
Why Should You Choose The Telecommunications Equipment Industry?
There are a number of reasons why you should be choosing the telecommunication sector. Here are some of the that you bed to take a look at:
1. Career Growth
The majority of professionals aim to advance in their careers. Fortunately, this is a market where you can make a lot of money. After all, working with smartphones and the internet is a part of telecommunications equipment.
And all it takes to comprehend how significant these things are for our world is a single thought. As a result, the industry will never run out of jobs.
In the event that you will earn a college education in a connected field and buckle down, there are sufficient chances.
Thus, regardless of whether you start with a passage level work, there is a great deal of chance to fill in the business.
2. Job Security
We cannot emphasize this point strongly enough. After all, every professional seeks job security in their work. Therefore, working in a field that will see constant growth in demand is a huge plus for anyone.
This explains why there are so many people looking for work in the sector. Therefore, if you think you have the necessary talents, a job in telecom equipment is ideal. The last thing you should be concerned about is losing your job due to a lack of demand.
3. Variety Of Sectors
One benefit of this industry is how simple it is to move sectors. After all, within the industry, you might begin with manufacturing and move on to sales. You could work in installation as well if you're technically inclined.
In a word, you don't need certain talents to start in this industry. You can start off slowly and learn on the job to advance your career in a variety of ways with entry-level positions.
So, now that you are aware of the numerous benefits of a job in the sector, let's look at the requirements for entry.
3. Technological Growth
This sector of the economy is the most current with fresh developments. You will always be up to date, whether it's with operating systems or cellphones. As a result, when working with telecommunications equipment, you will constantly be informed.
You will be the first to learn about everything new. Consequently, you can continually advance your skills and boost your professional value. You can eventually apply for positions with better compensation.
After all, this is a dynamic, ever-evolving industry. It is always preferable to continue developing your communication skill set.
Frequently Asked Questions (FAQs):
Q1: Is The Telecommunications Sector A Good Career in 2022? Working in the telecommunication sector has already proved to be a promising career in 2022. As the world is turning to a small space and to survive in this world, every industry has to adopt a faster communications medium, which is only telecommunications. Q2: What Qualifications Does Every Jobseeker Want To Have In Telecommunication? Every job types are different. And to pursue a career in this industry. The best education qualifications are:1. 0+2 level examination in Mathematics, Physics, or Chemistry.2. Engineering degree in electronics and communications.3. Post-graduation science degree from any recognized university. Q3: What Types Of Skills Do The Telecommunication Employers Require? Here is the subject every telecommunications employee should know.Computer networking and ideas about LAN, WAN, and MAN.1. TCP and IP protocols.2. Ideas about Network routers, switches, and gateways functions.3. ETSI, TIA, EIA, ITU Cabling ideas.4. Knowledge of the OSI model.5. Cloud computing.
Wish You A Great Career Ahead! In Telecommunication Sector
I think you get the whole answer for how many jobs are available in telecommunications equipment. Every type of job requires different eligibility, hence managerial-level jobs require expert knowledge and project execution experience. But at the starting level, only science graduate degrees are enough. What is your opinion?
Are we missing out on any of the points? Then let us know through the comment sections and share your opinion.
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Is Precious Metals A Good Career Path?
How Many Jobs Are Available In Real Estate Investment Trusts?
Considering the fact that millions across the world lost their jobs that paid them a hefty amount, people have been seeking jobs that would help them sustain themselves. And this is true across all fields of work. People have also searched for the best paying jobs in property-casualty insurers or similar fields.
If you are someone who is looking for the answer to that topic, then you have come to the destination. So keep on reading this article till the end to learn more…
What Are The Best Paying Jobs In Property - Casualty Insurers?
In case you were searching for the best paying jobs in the line of property-casualty insurers, you have reached the right place.
Well, you see, property-casualty insurers are responsible for protecting their clients or customers from incurring losses. That is the reason why many jobs are available in this field of line. And most of them pay a lot of money as a salary.
Here are the top jobs with the best payments that you can get in this line of work:
1. Insurance Entrepreneur
Estimated Salary: $95,000 – $105,000
If you are someone who wants to help people who are starting their own small ventures, then you can think about becoming an insurance entrepreneur. An insurance entrepreneur is someone who is associated with lather companies, and they help them create links and partnerships with smaller local companies.
2. Claim Examiners
Estimated Salary: $60,000 – $75,000
The task of a claim examiner is to ensure that they review the claims that are made against any insurance policy. In that way, they are responsible for denying or approving claims. So, to pity it simply, claim examiners are responsible for examining claims and their validity.
3. Landlord Insurance Agent
Estimated Salary: $80,000 – $95,000
Want to work with landlords and help them rent out their spaces? Then it might be a great idea for you to become a Landlord Insurance Agent. The task of these agents is to ensure that the interests of the landlords are protected at all costs. And thereby, they help the renters to minimize their losses.
4. Life Insurance Agent
Estimated Salary: $75,000 – $95,000
This is one of the best paying jobs in the property-casualty insurers line. The task of the life insurance agent is not unknown. They are professionals who are responsible for selling policies that would insure their life. They can either work for an insurance company or be independent.
5. Property Casualty Agent
Estimated Salary: $90,000 – $105,000
While the task of the life insurance agent is to insure the life of an individual, the task of the property Casualty Agent is to insure properties. The property can be of any type, from cars to homes and other personal property.
6. Claim Adjuster
Estimated Salary: $100,000 – $120,000
The job of the claim adjuster is to assess the value that is associated with the claims. It is one of the most important as well as one of the highest paid jobs in the line of property-casualty insurers. They assess the amount and determine the exact compensation that has to be paid to the customer.
7. Insurance Broker
Estimated Salary: $65,000 – $80,000
The job of the insurance broker is to help the clients to meet the right policy according to their needs. These brokers work with a number of clients, which can be individuals or businesses. And there is no doubt that it is one of the best paying jobs in property-casualty insurers.
8. Condo Insurance Agent
Estimated Salary: $80,000 – $95,000
If there is something that many people do not know, then it is about the existence of the job of a condo insurance agent. The task of these insurers is simple and similar to that of other insurance agents. Their job is to sell the insurance policies to the customers who are willing to or are looking to insure their condos.
9. Financial Analyst
Estimated Salary: $75,000 – $95,000
Several companies need Financial Analysts to help them make their business decisions rational and profitable. In addition, they analyze and advise the companies about what their next move should be.
A financial analyst, in simple words, has the task of helping companies or businesses make money that will increase their profit.
10. Underwriter
Estimated Salary: $80,000 – $100,000
The underwriter, also known as the insurance underwriter, is someone who evaluates the risks of investing. The main task of the underwriter is to fix the price of the investment that is going to be safe. And will also be able to minimize the loss.
How Many Jobs Are There
Due to the fact that they provide both individuals and businesses with a wide range of services, property-casualty insurers are crucial to the economy. They guard against mishaps and other losses for both people and property.
Property and liability insurers employ a wide range of workers, from underwriters to claims adjusters. There are also a few positions in accounting and actuarial work. If your goal is to work in the insurance business, property and casualty insurers are an excellent place to start.
Marketing Jobs for Property-Casualty Insurance
Companies that provide property and liability insurance provide a variety of fascinating and demanding marketing roles. Companies that sell insurance to shield individuals and companies against monetary losses brought on by events like fires, theft, and auto accidents are known as property and casualty insurers.
These insurance companies need to identify their target markets and develop messaging that resonate with them in order to effectively market their products. They also need to create effective plans for pricing and distribution. They must also monitor the actions of their rivals in order to stay ahead of the game.
Executive Management Jobs
Executive management positions in the property and casualty insurance sector supervise the various departments within the organization to assist it in achieving its objectives. This entails creating and carrying out plans, managing staff, and maintaining steady finances.
The executive management team is typically composed of the CEO, COO, and CFO. They collaborate to ensure that the business is operating profitably and efficiently. It is the responsibility of the executive management to make difficult choices that could impact the company's future during times of crisis.
Frequently Asked Questions (FAQs):
Now that you have almost reached the end of the article, I would advise you to go through some of these questions that users frequently ask about best paying jobs in property-casualty insurers. You might want to go through these for better clarity.
1. How Are Property Casualty Insurers Different From Life Insurers? While life insurers aim to insure the life of an individual, the task of the property casualty insurer is to insure the properties. 2. How Do Insurance Companies Make A Profit? The only way in which insurance companies can make a profit is to ensure that they are able to market their policies in a much better way. These companies make a profit by investing in insurance premiums. 3. What Are The Risks That Cannot Be Insured? While most things in the world can be insured, there are many risks that cannot be insured. Some of them are:1. Natural disasters2. Pandemic3. Political risks4. Reputational issues
Wrapping It Up!
The task of property-casualty insurers is widely popular and very much in demand in this world. One of the main reasons for that to happen is because there is absolutely no one who would not want to protect their properties in case there is an accident. But what is not to most people is the fact that there are a lot of different types of jobs and roles in this field.
In case you were searching for the answers to best paying jobs in property-casualty insurers, I hope that you found this article to be of help. In addition, if there are any other queries related to the same, feel free to write them down in the comment section below.
Read Also:
Is Precious Metals A Good Career Path?
Is Capital Goods A Good Career Path?
How Many Jobs Are Available In Real Estate Investment Trusts?
All Comments
Lot Balonem Koszt
Your ability to convey complex ideas in such a simple way is truly a gift. Thank you for this great post!
Ile Kosztuje Lot Balonem
This post was a great mix of information and readability. You have a real talent for writing.