Best Paying Jobs in Consumer Services

Best Paying Jobs in Consumer Services
 
 
 
 

There are dozens of job positions in the field of consumer services. Most of these jobs offer excellent ways of making money, with job positions available for all experience levels. What’s more, a job in consumer services offers greater opportunities to advance your career and work in almost any industry. Whether you have experience working in consumer services or are planning a career change, here are some of the best paying jobs in consumer services.

What Are Consumer Services?

Consumer services refer to services you can sell to customers. These are intangible products such as an experience, process, or result offered to households rather than businesses. It has a diverse workforce working in sectors like:

  • Health and social services

  • Hospitality

  • Tourism

  • Finance

  • Media

  • Catering

  • Transport

  • Home improvement

  • Education services

Consumer services shouldn't be confused with customer service, which refers to directly connecting with customers to make it easy for them to engage in the purchase and use of your products and services. Customer service also entails offering round-the-clock assistance and answering any questions customers have (after-sales services).

Qualification Requirements to Work in Consumer Services Industry

The consumer services field is a highly competitive one and you’ll require a strong background and exceptional communication skills to find a job that pays well. Luckily, not all job positions require high levels of education. However, a good educational background is a plus, along with work experience.

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7 Best Paying Jobs in Consumer Services in 2022

Here are some of the highest paying jobs in consumer services:

E-Commerce Product Manager

With businesses shifting to the digital platform, the demand for e-Commerce Product Managers is always rising. The manager acts as the link between the business development managers and the technical development team in ensuring that everything runs smoothly.

Their roles include researching the market and analyzing user experience to better streamline the company’s products and services. They also take customers’ feedback into account and maintain a high quality of products and services to satisfy customer needs.

Average salary: $114,000 per year

Chief Financial Officer

A Chief Financial Officer is a six-figure job that carries heavy responsibilities, including monitoring a company’s financial records. You’ll be looked upon by all departments, specifically, top management, to make accurate financial decisions, since all decisions affect the running of the business.

Additionally, budget management, expenditure, and other sensitive aspects of finances fall under your docket. While it's one of the highest-paying jobs in consumer services, you must lead with efficiency since any slight mistake could drive the company into bankruptcy.

Average salary: $140,000 per year

Hedge Fund Manager

A Hedge Fund Manager’s job is highly demanding and will usually require starting your day early and finishing late. It’s not your typical 40-hour-a-week job, but the compensation is rewarding.

Some of your responsibilities include making investment decisions on investing on behalf of their clients, raising investment capital, and rebalancing investments to maintain a specified risk/reward ratio. Your days will also involve constantly monitoring the markets, trading, and investment evaluation.

You’ll require a Bachelor’s degree in Finance, Economics, Quants, and Accounting or a Master’s in Business Administration (BMA).

Average salary: $85,000 - $145,000 per year

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Chief Compliance Officer

The Chief Compliance Officer (COO) is one of the most important members of the management team. One of their primary roles includes ensuring an organization meets consumer-focused compliance requirements. They also ensure compliance with regulatory requirements, laws, procedures, and policies.

Your expertise as the COO makes you the lead person in establishing standards and implementing policies to ensure that compliance programs within the organization are effective and efficient in identifying, preventing, and correcting noncompliance with applicable regulations and laws.

You’ll also be tasked with guiding the compliance teams, offering advice and training, interacting with regulators on compliance issues, monitoring external review processes, and reviewing and updating existing policies and procedures.

Average salary: $120,000 per year

Personal Finance Advisor

A Personal Finance Advisor provides advice on mortgages, investment, estate planning, retirement, and savings to help individuals manage their finances. They also execute trades in the market on behalf of clients.

Personal Financial Advisors assess the financial needs of individuals and advise them on investments (like stocks and bonds), insurance, and tax. They assist clients plan for short- and long-term goals like saving and investing for retirement.

A Personal Financial Advisor requires a bachelor’s degree. A master’s degree improves one’s chances of building a steady clientele base. You’ll also require licenses, certifications, and registrations to offer your services.

Average salary: $87,000 - $110,000 per year

Real Estate Manager

A Real Estate Manager oversees the operational aspects of properties. They are responsible for preparing financial statements, negotiating contractor, supplier, and vendor contracts, as well as supervising maintenance workers.

Some of their roles include resolving complaints from residents and tenants, keeping owners informed about lease expiration dates, occupancy rates, and taxes, and determining rental income.

You’ll require a bachelor’s degree in real estate, business, finance, or project management. Additionally, proficiency in real estate management software like AppFolio and experience in negotiating contracts and determining rental rates is a plus.

Average salary: $60,000 per year

Concierge

A concierge offers personal services and assistance to guests at hotels, people at hospitals, and clients in office buildings. Some of the services they provide include making dinner and tour reservations, arranging transportation, offering suggestions for events, and planning and scheduling special events, meetings, or parties.

Rich people, such as celebrities, hire a personal concierge to handle many of the daily tasks of their busy lives. They run appropriate errands for their employers and fulfill specific (and sometimes unusual) requests, like arranging for adventure experiences, such as hot air balloon rides.

You’ll require at least two years of experience in hotel guest services and a degree in hospitality management or a related field. You will need excellent knowledge of local attractions, be good at multitasking and time management, and have advanced communication skills.

Average salary: From $14.21 per hour ($48,432 per year)

 
 

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