What are the highest paying manufacturing companies?

In summary, it is difficult to determine the highest paying manufacturing companies for a production engineering master's degree graduate as the market is constantly changing. Previously, petrochemical engineering was a lucrative option, but due to the decline in oil prices, it may not be a wise choice currently. It is important to note that even seemingly stable industries can experience sudden shifts. Ultimately, pursuing a field that aligns with your interests and utilizing your drive and enthusiasm may lead to a successful and high paying career, rather than focusing on a specific industry.
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What are the highest paying manufacturing companies that a production engineering master degree graduate could try and go for? Doesn't matter if it's in states or elsewhere. Let me know your opinion.
 
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You are shooting for a very rapidly moving target. Anything posted by anyone will be very out of date.

For example, until oil prices took a nose dive I would have said go into petrochemical engineering. Today, I would advise you to stay away from that field because they're not hiring.

Furthermore, even if some fields appear to be very stable and sedate, they can change practically overnight.

Do what you want to do. Your enthusiasm and drive will do more to build your job into a high paying position than anyone particular industry.

But if you really want to chase your tail...
 
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1. What factors contribute to a manufacturing company having high salaries?

Some factors that contribute to a manufacturing company having high salaries include the demand for the products they produce, the complexity of the manufacturing process, and the level of skill and education required for their employees. Other factors may include location, industry competition, and company profitability.

2. Are there specific industries within manufacturing that tend to have higher paying companies?

Yes, there are certain industries within manufacturing that tend to have higher paying companies. These include industries such as aerospace and defense, pharmaceuticals, and technology. These industries often require highly skilled and specialized workers, which can lead to higher salaries.

3. Are there differences in salary between large, well-known manufacturing companies and smaller, lesser-known ones?

Yes, there can be differences in salary between large, well-known manufacturing companies and smaller, lesser-known ones. Generally, larger companies have more resources and can offer higher salaries to attract top talent. However, smaller companies may also offer competitive salaries in order to attract skilled workers and remain competitive in the industry.

4. Do manufacturing companies in certain regions or countries tend to have higher salaries than others?

Yes, salaries for manufacturing companies can vary greatly depending on the region or country. In general, developed countries tend to have higher salaries for manufacturing workers due to higher labor and production costs. However, there are also some developing countries that have a strong manufacturing industry and can offer competitive salaries.

5. How can I determine the salary range for a specific manufacturing company?

There are several resources available to determine the salary range for a specific manufacturing company. These include websites such as Glassdoor and Payscale, which provide salary information based on user-submitted data. Additionally, you can research industry salary trends and compare them to the company's size, location, and industry to get a better understanding of their salary range.

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