Although there are many options open in the business world, seeking the best-paying jobs in business services is more rewarding.
If you are looking at making a career in business that is surely a good idea because there are many job opportunities here ranging from finance, marketing, education, sales, health care, and lots more.
Due to the increase in economic diversification and market globalization, the need for business professionals has increased tremendously.
Business service is a broad field with many opportunities for qualified candidates. All you need to do is to broaden your knowledge by applying for business courses.
Remember the best-paying jobs in this sector requires years of education, experience, and extreme commitment.
Below, you will get a glimpse of the best paying jobs in business services, the duties of each of them, their average salary, the benefits of working in the sector, and lots more.
What Is Business Service?
This is a general term that describes the activities that support a business goal and facilitate the ability of the company to be profitable but does not produce a single product or commodity.
Those activities that benefit a company without them selling a physical product are what are known as business services. Examples are banking, insurance, warehousing, communication services, etc.
Types Of Business Services
Below are the different types of business services;
- Management services
- Software services
- Consulting services
- Training Services
- Financial services
- Marketing Services
- Travel services
- Catering services
- Distribution and supply chain Services
- Construction Services
- Waste Management Services
- Security Services
- Personal Services
Is Business Services A Good Career Path?
Yes, business services is a good career path because there are a lot of skill sets and careers to choose from in this sector.
Whether you are interested in interstate marketing, sales, finance, or management there is something for you and most of these career attracts huge paychecks and advancements in your career ladder.
Another reason it is a good career path is it gives you an opportunity to be your own boss. Yes, contracting is a widely accepted career In business service.
With that, you will be solely in charge of your decision without having to wait for a decision from the higher authorities in your company.
Also, check out the best-paying jobs in railroads.
Top Benefits Of Having A Career In Business Service
With so many opportunities out there it can be difficult for you to narrow down your search or what to choose in your career search.
Below are some of the benefits of working in business service and why it is the best;
Easy To Start Up
It is relatively easy to start a career in this path compared to other business industries. All you need is an offered skill, license, a phone, and expertise in the business.
Working in the service industry allows you to have flexible hours and allows you to work at your own pace.
This allows you to have time to develop more on your skill and education for more opportunities when it comes to your job, have time for your family, and also have time to relax.
Since the product you are selling is your own and your skill, you don’t need to have a warehouse stacked up with goods.
You only need the equipment that will help you do your job.
Your Job Is Always Available
While other industries lay off some of their workers during hard times or during economic hardship, workers in the service industry are hard to let go of.
Because their services are needed always and are in demand at all times.
You will not need someone to tell you to sit up because you are working on your own time. Your success in this field depends on your ability to complete tasks, manage your schedule, and the successful output you return to your clients.
10 Best Paying Jobs In Business Services
A career in business service is an exciting one with many opportunities to choose from. But if you want the best you need a degree in business management or business studies.
Below are some of the best-paying jobs in business service in no order, their salary yearly, and their duties.
- Product Marketing Manager
- Chief Information Officer
- Sales Manager
- Supply Chain Manager
- General Counsel
- System Administrator
- Human Resource Managers
- Market Research Analyst
Product Marketing Manager
The product marketing manager is in charge of developing a campaign strategy that is suitable for promoting a company’s or client’s product.
They run most of the marketing part of the company therefore they must have strong leadership skills and in-depth knowledge of different marketing strategies.
They earn an average of $121,000 a year.(1)
Chief Information Officer
Chief Information Officer is one of the highest paying business careers. They are mostly in charge of the company’s information and communication equipment and computer systems.
Their duties include assessing current processes, recommending software upgrades, and directing the executive team on the best processes. They are also known as information technology (IT) directors.
A CIO must be familiar with different information and technology gadgets and learn how to operate new ones when they are launched.
A degree in computer studies or information and technology is needed to get a job in this field. They earn an average of$90,000-$150,000 a year. (2)
This is one of the highest-paying jobs in business and finance. A statistician practices the science of using collected data to make decisions.
They are in charge of deciding the type of data needed and how to collect them, design experiments, collect data, analyze and interpret data, and report conclusions.
Unlike other jobs in this sector, a statistician is needed in many fields. They earn an estimated average salary of $92,270 a year.(3)
They are professionals who oversee the affairs of the sales department. They are in charge of researching sales statistics, devising means of increasing sales potential, and also finding means of improving organization sales.
The sales manager does not function alone. They work closely with dealers and distributors to monitor sales performance, gain insight into sales potential, and cultivate knowledge of customer preference to assure maximized profits and assist in the development of products.
They earn an average of $54,560 to $125,130 annually.(4)
This is one of the best-paying jobs in business service. Entrepreneurs are owners or operators of businesses.
They are in charge of setting the direction and establishing the desired image for the business and also seeking new directions and ways to improve and grow the company.
They take care of the decision-making, strategic planning, and management operations of the company. To get employment in this field you need a license.
Their earnings are dependent on the success of the company. They earn between $10,000-$1 million a year.(5)
Supply Chain Manager
The Supply Chain Manager coordinates organize and oversee all activities involved in the identification, acquisition, production, and distribution of the company’s goods.
They make sure that the supply chains are correct and that the company receives the right products from the right companies.
You need a minimum bachelor’s degree in supply chain management, sales, logistics, or business administration to be successful in this field. They earn an average of $105,000 a year.(6)
This is another one of the best-paying jobs in business service. A general counsel is in charge of reviewing, researching, interpreting, and preparing both written and oral opinions on a wide variety of legal issues for an organization.
They are responsible for advising the business and taking care of any legal issues the business may have. You need to have a degree in business law to be in this field.
They earn an average of $103,000 annually.(7)(8)
A system administrator is in charge of organizing, installing, and supporting an organization’s computer systems.
They upgrade the company’s computer systems and make sure they are a good fit for use. A bachelor’s degree in computer-related courses is needed for employment in this field.
They earn an average of $80,000 a year.(9)
Human Resource Managers
Human resource managers are one of the best business careers. They are in charge of training, retaining, cultivating, and compensating talent.
They offer strategic ways of improving the company’s efficiency and overall productivity of the organization. Most HR managers handle employee benefit programs, incentive programs, and attendance issues.
A human resource manager with a master’s in business administration in human resources earns about $73,480 to $126,050 yearly.(10)
Market Research Analyst
Knowing what products customers want is very essential to the growth of a company and this is exactly what a market research analyst does.
They are in charge of communicating with stakeholders and participating in meetings, analyzing data and creating visualizations, ensuring project timelines are met, and monitoring sales trends.
For this field, a bachelor’s degree in a business-related course is needed and they earn an average of $65,000 annually.(11)
Summary Of The Best Paying Jobs In Business Services
Below is a tabled summary of the highest paying jobs in business service, their average salary, and minimum education;
Business Service Jobs
|Product Marketing Manager||$103,000||Bachelor’s degree in marketing, business, or communications|
|Chief Information Officer||$100,000||Bachelor’s degree in computer studies or information technology.|
|Statistician||$92,000||Bachelor’s degree in statistics.|
|Sales Manager||$80,000||Bachelor’s degree in business administration.|
|Entrepreneur||$60,000||No minimum education is needed.|
|Supply Chain Manager||$105,000||bachelor’s degree in supply chain management, sales, logistics, or business administration|
|General Counsel||$103,000||Bachelor’s Degree in Business law.|
|System Administrator||$80,000||Bachelor’s degree in computer-related courses|
|Human Resource Manager||$90,000||Master’s degree in business administration.|
|Market Research Analyst||$65,000||Bachelor’s degree in a business-related course.|
With just a business degree you can enter a wide range of occupations. The business service sector is another one of the service areas that has a lot to offer in the economy.
With this article on the best paying jobs in business services, you will be able to reduce your confusion on which job is best for you.
And also remember that excelling in the business sector requires commitment, hard work, and patience. And as such, the best-paying jobs do not always come easy.