The 15 Best Paying Jobs in Consumer Services [Updated 2022]

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The Consumer Services industry has a large and diverse workforce, with some of the most popular careers being retail salespersons, cashiers, and customer service representatives.

There are also many jobs in this industry that require advanced degrees, such as financial analysts and accountants.

The consumer services industry includes activities like accommodation, tourism, and travel, as well as financial and insurance services.

This means there are many different types of jobs available within this industry.

Consumer services jobs are often high-paying positions that can help you secure a comfortable retirement after years of hard work.


Related: Top 16 Best Paying Jobs In Energy


What are consumer services?

Consumer services are the products and services that consumers spend money on.

Consumer goods are goods that are used by individuals for personal consumption, rather than business or investment purposes.

Consumer goods include food, clothing, entertainment and recreation services, and housing.

But they don’t include products that are not intended to be used by individuals (such as capital goods).

This category also includes various service industries that provide goods and services to households, such as insurance companies and health care providers.

Consumer services are a subgroup of consumer goods that do not fall into any other category of goods.

They include travel agencies, dry cleaners, and lawn mowing services.

Things to Consider when Looking for a Job in Consumer Services?

When looking for a job in the consumer services field, it’s important to consider all of your options and choose the best one for you.

Here are some things to consider:

Skills and Qualifications

The first thing to consider when looking for a job in consumer services is your qualifications and skills.

It is important that you have the necessary knowledge and skills required for the position you are applying for.

You should also determine whether these skills match up with what is required by the job description.

Your Education Level

The more education you have, the more opportunities you will have when it comes to finding a job.

If you don’t have a college education, there are still plenty of jobs available in this field.

However, if you are looking for something more specialized or higher-paying, then having an education may be helpful.

Your Field of Study

If you studied business or marketing in school, then that will give you an advantage when it comes to getting a job in consumer services.

However, if you studied another field like accounting or engineering, those skills may not be as useful when looking for employment opportunities within this industry.

Try to find out what types of skills companies look for when hiring employees before applying so that you can position yourself as someone who has what they need before submitting your resume.

Personality Traits

The second thing to consider when looking for a job in consumer services is your personality traits.

This includes things like your attitude towards work, how you interact with others etc.

It also includes how your personality fits with the company culture and environment.

For example, if you are looking to work in customer service, you need to have excellent interpersonal skills so that you can easily connect with customers and make them feel comfortable talking with you about their problems or complaints, etc.

Location

Most companies would prefer to hire someone closer to home so that they can save money on travel expenses and also reduce their carbon footprint by not having their employees drive as much.

Salary and Benefits

The main factors you should consider when choosing a job are salary and benefits.

What is the salary? How much can you expect to earn each year? Does the company offer health insurance?

Do they offer other types of benefits, such as vacation time, sick days, and paid holidays?

Work Environment

How does your potential employer treat their employees?

Do you like their policies about promotions and raises?

Are there opportunities for growth within the company or do they stick with you until retirement?

Are there opportunities for advancement within the company?

How does an employee’s workload compare to other employees’?

Is there enough work to keep busy but not too much so that it becomes overwhelming?


Related: The 18 Best Paying Jobs In Consumer Non-Durables


Top 15 Highest Paying Jobs in Consumer Services

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In the world of business, there are many different job types. Some jobs are high paying, while others are not so much.

The highest paying jobs in consumer services include positions as financial analysts, insurance agents and brokers, insurance sales agents, and personal financial advisors.

Because consumer services are so large, it can be difficult to find specific statistics on pay rates and job growth by occupation within this industry.

Instead, we’ve compiled data on some of the highest paying jobs in consumer services according to the Bureau of Labor Statistics (BLS).

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

1. Chief Financial Officer

A chief financial officer (CFO) is a high-level executive position in many companies.

CFOs are responsible for managing the company’s financial resources, including developing and implementing budgets and managing cash flow, and financing activities.

They also oversee accounting and finance departments, including hiring staff and reviewing their performance.

A chief financial officer is generally considered an expert in money management and has extensive experience managing budgets, and developing policies and procedures.

They also oversee financial reporting systems, analyzing data, developing strategies to improve efficiency and profitability, and motivating employees.

The average annual salary for a CFO was $393,377 as of May 2022, according to Investopedia survey data.

2. Insurance Agents

Insurance agents have the potential to earn a respectable salary.

According to the Bureau of Labor Statistics, insurance sales agents and brokers earned an average annual income of $69,340 in 2021.

That’s a pretty good wage, but it’s even better when you consider that some companies offer bonuses and commissions that can push your earnings even higher.

Insurance agents often work on commission, which means they get paid based on what they sell rather than working hourly or getting a salary.

As such, the amount you make depends on how much business you generate for your employer.

The benefits from this job go beyond the paycheck: Insurance agents tend to have flexible schedules so they can spend time with their families during off-hours

They also receive benefits such as health insurance and 401(k) plans (which allow them to save money.

3. Technical Support

With a median pay of $62,760 per year, Technical Support professionals are employed by companies of all sizes and in virtually every industry.

The nature of this job varies greatly depending on the company and its needs.

In some cases, Technical Support professionals may be responsible for answering questions about how to use software or troubleshooting problems that users run into.

They may also be expected to provide support via phone or email requests from customers and internal employees.

In other cases, Technical Support could mean working as part of an IT department and using your technical expertise to troubleshoot issues with computers or networks.

As a Technical Support professional, you’ll need strong communication skills and an ability to communicate effectively across different platforms (i.e., phone).

You should also have a good sense of customer service so that you can respond to customers’ needs in a timely manner while also building positive relationships with them.

4. Hedge Fund Manager

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Hedge fund managers are the top earners in consumer services, with an average annual salary of $130,230.

They may work with large corporations or wealthy individuals and manage money for investment purposes.

According to the Bureau of Labor Statistics, hedge fund managers were paid $54 billion in 2021.

The BLS also reports that there are currently over 92,742 people employed as hedge fund managers across the country.

This is a small number compared to more than 1 million people who work as registered nurses or registered dietitians/nutritionists.

However, it’s still a very lucrative job with high pay and low unemployment rates due to its relatively small size compared to other industries like healthcare.

5. Customer Support

Customer Support is one of the best-paying jobs in Consumer Services, with an average salary of $36,920.

Many companies offer this job as a full-time position and the workday consists of dealing with customers over the phone, via email, or chat, and ensuring that their issues are resolved.

You will often be required to document your interactions with customers so that you can build up a history of interactions.

Customer service representatives often have to deal with irate customers who are upset by poor service or product quality.

Your job will be to keep them calm until someone else can take over their case.

This can be done through communication skills and empathy towards others.

You could also consider working as a travel agent if you have an interest in travel, as well as a passion for helping others plan their trips.

If you have experience in this field already then this is an excellent way to earn money on a part-time basis while still having plenty of time for yourself!

6. Private Equity Associate

A private equity associate is a job that has to do with the buying, selling, and distribution of companies.

It’s one of the best jobs in Consumer Services because it pays extremely well and is relatively easy to find.

A private equity associate is responsible for researching new investments, analyzing financial statements, and assessing company performance.

They also need to communicate with other associates, clients, and employees at their company.

7. Financial Software Developer

If you’re looking for a job in consumer services, a financial software developer may be the best option.

The Bureau of Labor Statistics (BLS) says that the average annual salary for a financial software developer is $110,140, which is an hourly wage of $12.57.

Financial Software Developers are responsible for developing and implementing software to manage the financial records of a company or organization.

They work with internal and external customers to determine what services will be provided, design applications and databases, build software solutions, and test their products.

They may also work as part of a team on projects, using their knowledge of computer programming languages and business requirements to create programs that improve efficiency within an organization.

8. Compliance Officer

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Compliance officers are part of the Consumer Protection Agency and help protect consumers from fraud and deception.

They work for companies, law firms, or as independent consultants.

Compliance officers review contracts, policies, and procedures to determine if they comply with laws and regulations.

They also investigate violations to ensure that businesses meet their legal obligations.

Compliance officers can earn anywhere from $35,000 to $100,000 per year depending on their experience level and employer.

If you’re interested in becoming a compliance officer, you should have at least a bachelor’s degree in a relevant field such as business administration or criminal justice.

You’ll also need excellent communication skills and an understanding of business practices.

9. Personal Finance Advisor

Personal Finance Advisor is one of the best paying jobs in Consumer Services, according to the Bureau of Labor Statistics.

Personal Finance Advisors help clients manage their money, investments, and insurance.

Personal Finance Advisors help people plan, manage and save for their financial future.

They’re often seen as a trusted source of advice on investments, savings, and retirement planning.

They also offer advice on other financial products such as life insurance, credit cards, and mortgages.

Personal Finance Advisors work in a wide range of industries including banks, building societies, and other financial organizations.

Some are self-employed or work for an independent financial adviser (IFA).

Personal Finance Advisors can earn between $20,000 and $94,170 per year depending on experience and qualifications.

10. Sales Representative

If you’re looking to earn a good salary while working with people, consider becoming a sales representative.

Sales representatives are one of the best-paid jobs in consumer services.

Sales representatives sell goods for wholesalers or manufacturers and work to ensure customer satisfaction.

Sales Representatives need to listen well to customers’ needs and wants, and then recommend products or services that will satisfy them.

They also need to negotiate prices with customers.

Sales reps can also be found selling financial services, real estate, and insurance products and services, along with industrial goods and consumer packaged goods.

The median annual wage for sales representatives was $62,890 in May 2021 according to the Bureau of Labor Statistics (BLS).

11. Accountant

Accountants, who help companies and individuals with their financial records, are one of the best-paying jobs in consumer services.

The median annual wage for accountants was $77,250 in May 2021.

Accountants are responsible for keeping track of all financial transactions that take place within a company or organization.

They prepare reports and statements to determine if the company is making or losing money and if it is meeting its goals.

Accountants also make sure that taxes are being paid correctly by both individuals and businesses.

Accounting jobs are expected to grow by 15 percent from 2016 to 2026, much faster than average for all occupations.

This growth will be driven by increasing demand for accounting services as more businesses seek professional advice about their finances.

This favorable job market makes now an excellent time to consider pursuing an accounting degree online.

12. Financial Analysts

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Financial Analysts is one of the best paying jobs in Consumer Services, with a median yearly wage of $83,660.

Financial Analysts work in a variety of industries, including Health Care and Social Assistance, Professional, Scientific and Technical Services, Public Administration, Transportation and Warehousing, and Information.

Financial Analysts are employed in the broader category of Financial Planning & Analysis which is itself part of the larger field of Accounting & Auditing Jobs.

Financial Planning & Analysis includes all financial planning and analysis positions that relate to corporate finance and accounting activities, including budgeting, forecasting, financial statement preparation, and presentation.

Financial analysts conduct research and prepare reports on economic trends and company performance.

They also develop strategies for increasing profitability and market share for their employers.

13. Human Resources Specialists

Human Resources Specialists is one of the best paying jobs in Consumer Services, with a median annual wage of $113,300.

The Human Resources Specialists industry includes all employees who perform administrative, clerical, and record-keeping support activities for human resources staff.

These workers typically process payroll data and benefits information, develop training programs, and conduct employee surveys.

A bachelor’s degree in human resources administration or business administration is the most common educational requirement for a Human Resources Specialist position.

14. Travel Agent

Travel agents sell vacation packages to clients who want to travel on their own but don’t want the hassle of doing it themselves.

They work with airlines and cruise lines to find good deals on flights and cruises that include hotels, car rentals, or other extras.

In addition to selling tickets, travel agents may also plan itineraries for their clients’ trips and help them make reservations at resorts or other sites they plan on visiting.

Travel agents may work from home or from an office setting where they can meet clients face-to-face.

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