Business Services industry is also known as the “professional, technical and scientific services” industry. This particular industry sector of industry overall employs 19% of the total workforce and 17% of the total worth in GDP for the United States, according to data from the United States International Trade Association. Have you ever questioned is business services a good career path? In this article, we break down if there are any benefits that might suit your needs as well as list out the Best paying jobs in business services industry that should lead you in the right direction, and most important what is business services industry.
What is business services industry?
The business services industry is a wide range of services that are essential to the functioning of businesses. These services include accounting, human resources, marketing, and customer service, among others.
The business services industry is a large and growing sector of the economy. In the United States, it is estimated to be worth $1.3 trillion annually, and it employs over 21 million people.
Business services are critical to the success of businesses of all sizes. They help businesses run smoothly and efficiently, and they enable businesses to grow and thrive.
If you’re looking for a fulfilling career with good job prospects and earning potential, consider a career in business services. Now you might be thinking is business services a good career path or not, keep reading because we are trying to make your decision easier.
Is business services a good career path?
There are many reasons why business services can be a good career path. For starters, business services professionals are in high demand. Companies of all sizes need accounting, marketing, and human resources support, so there are plenty of job opportunities available. Furthermore, business services jobs tend to be well-paying, and they often offer great benefits and perks. Finally, working in business services can be very satisfying; you get to help businesses run smoothly and efficiently, which can make a big difference in the world.
If you’re interested in a career in business services and thinking is business services a good career path or not, there are a few things you should keep in mind. First, you’ll need to have strong analytical and problem-solving skills. You’ll also need to be able to work well under pressure and meet deadlines. Finally, it’s important to have excellent communication and interpersonal skills; you’ll be dealing with clients on a regular basis, so it’s crucial that you’re able to build strong relationships and provide top-notch customer service.
By the way, you can also read : “Is transportation a good career path” to know about this field and the best paying jobs in this career.
9 Best paying jobs in business services + Salary
There are many different types of business services careers, and the pay can vary depending on the type of job. Here are some of the best paying jobs in business services:
- Management consultant:
Management consultants help businesses improve their operations and make strategic decisions. They typically have a bachelor’s degree in business or a related field, and many have an MBA. The median annual salary for management consultants is $85,660.
- Investment banker:
Investment bankers help companies raise money by issuing and selling securities. They typically have a bachelor’s degree in business or economics, and many also have an MBA. The median annual salary for investment bankers is $89,730.
- Financial analyst:
Financial analysts provide insights into investments and help businesses make sound financial decisions. They typically have a bachelor’s degree in finance or accounting, and many also have an MBA. The median annual salary for financial analysts is $81,760.
- Human resources manager:
Human resources managers oversee the recruitment, selection, and training of employees. They typically have a bachelor’s degree in human resources or a related field, and many also have an MBA. The median annual salary for human resources managers is $106,910.
- Marketing manager:
Marketing managers develop and oversee marketing campaigns that promote a company’s products or services. They typically have a bachelor’s degree in marketing or a related field, and many also have an MBA. The median annual salary for marketing managers is $134,290.
- Sales manager:
Sales managers oversee a team of salespeople and are responsible for boosting sales and achieving targets. They typically have a bachelor’s degree in business or a related field, and many also have an MBA. The median annual salary for sales managers is $117,960.
- Public relations manager:
Public relations managers develop and oversee communications strategies that promote a company’s image. They typically have a bachelor’s degree in public relations or a related field, and many also have an MBA. The median annual salary for public relations managers is $114,800.
- Event planner:
Event planners coordinate all aspects of events, from choosing locations and booking vendors to managing budgets and keeping track of RSVPs. They typically have a bachelor’s degree in event management or a related field. The median annual salary for event planners is $50,610.
- Project manager:
Project managers plan, organize, and oversee projects from start to finish. They typically have a bachelor’s degree in business or a related field, and many also have an MBA. The median annual salary for project managers is $93,370.
Now it is time to know that overall, how many jobs are available in business services, and how many options are there to choose from when considering to get one of the Best paying jobs in business services.
How many jobs are available in business services?
The business services sector is one of the largest and fastest growing industries in the United States. It is expected to add nearly 2.5 million jobs by 2026, an annual growth rate of 1.4%. This growth will be driven by increases in demand for business services from both businesses and households.
There are a variety of jobs available in the business services sector, ranging from entry-level positions to highly skilled positions requiring specialized training or experience. Many of these jobs are in high demand and offer good job security and advancement opportunities.
Pros and Cons of Business Services Careers
When it comes to Best paying jobs in business services, there are both pros and cons to consider. On the plus side, business services careers tend to be high-paying and offer a good work-life balance. They also provide opportunities for growth and advancement. On the downside, business services careers can be challenging and stressful, and they may require long hours.
So, is business services a good career path to get into? Ultimately, this decision is up to you and will depend on your own individual preferences and goals. However, if you are looking for a stable career with good earning potential and the opportunity for advancement, business services may be a good option for you.
How to get a job in business services?
In order to get a job in business services, it is important to research and know the answer to is business services a good career path or not and the different types of businesses that exist and identify one or more that align with your skillset and interests. From there, you can start searching for job openings on the company website or through online job boards.
When applying for jobs, be sure to tailor your resume and cover letter to each specific position. In addition, focus on highlighting any relevant experience or skills you have that would make you a good fit for the role.
Finally, don’t forget to network! Connecting with professionals in the field – either in person or online – can help you learn more about available opportunities and make valuable connections.
Now you exactly know what is business services industry and how many jobs are available in business services but there is no definitive answer to is business services a good career path to get into in 2023. However, there are several factors you can consider that may make it a more attractive option than other industries. If you have an interest in business or entrepreneurial ventures, this could be a good field to get into. There are also many different subfields within business services, so you can likely find one of the Best paying jobs in business services or an area that interests you and that has good job prospects.