The best-paying jobs in the packaged goods/cosmetics sector include vice president, director, executive director, general counsel, and dermatologist. These roles earn the best salaries due to their level of education, training, expertise, and the high demand for their services. Companies also pay them well for their contributions that make the business successful.
According to the USA Grocery Manufacturers Association, the packaged goods and cosmetics industries support 20.4 million jobs in the United States. The sector will expand at a rate of 4.3% from 2023 to 2033, with a market size of $415.29 billion in 2028. This industry will produce many employment opportunities in the next 10 years.
What Do Packaged Goods/Cosmetics Jobs Pay?
The average annual salary in the packaged goods/cosmetics industry is $40,000. However, there are many careers with different pay available in the sector. For instance, an experienced brand manager working in a large company can earn up to $115,000 annually. On the other hand, an entry-level supply chain analyst earns approximately $70,000 per year.
15 Highest Paying Packaged Goods/Cosmetics Jobs with Good Salaries
Average Annual Salary: $477,444
Vice presidents oversee operations, which include the development and manufacture of cosmetic packaging products. They also lead the growth of the consumer products business and build and grow retail channels. They earn the highest salary because they plan, direct, coordinate, and oversee all activities in a company.
A vice president must know about product strategy development, initiative, high-level product road mapping, and management. Additionally, they must possess strong leadership, analytical, and communication skills with the ability to identify opportunities for process improvement.
Many employers require a bachelor’s degree in business, economics, or a related field. Others prefer a master’s degree in business administration (MBA), product management, or a similar field. The job outlook for this role is positive, with a 10% increase from 2020 to 2030. It will produce many employment opportunities in the next ten years.
Average Annual Salary: $411,597
A general director creates strategies, manages budgets, and leads a team of employees. They manage all marketing tasks, oversee the development of new cosmetic products, and ensure that all legal requirements are met. Additionally, they eliminate impractical and possible underperformers, and they assist beauty companies all over the world in launching exciting new cosmetics.
Directors earn high salaries due to their level of responsibility and the skills they need to perform their responsibilities. To get this role, you must have leadership, strategic thinking, communication, and problem-solving skills.
Educational requirements for a director are a minimum of a bachelor’s degree in business administration, marketing, or a related field. According to the Bureau of Labor Statistics (BLS), this role will grow by 8% from 2021 to 2031. It will produce about 17,500 openings per year for the next 10 years.
3. Executive Director
Average Annual Salary: $349,237
An executive director in the packaged goods/cosmetics industry oversees the supply chain and planning functions for their businesses. They are responsible for the continuous growth and expansion of the company and critical initiatives such as new product launches.
Executive directors earn high salaries due to their extensive experience and expertise in the field. They possess knowledge of the industry, leadership, strategic planning, project management, and analytical abilities.
Many executive directors have a bachelor’s or master’s degree in business administration, marketing, or a related field. Companies prefer individuals with 20 or more years of operational experience. The job outlook for this position is positive, with a growth rate of 5% from 2019 to 2029. This job will provide many employment opportunities in the next few years.
4. General Counsel
Average Annual Salary: $300,000
A general counsel is a senior-level attorney who serves as the chief legal officer of a company. They provide legal advice and guidance to the company’s employees and other stakeholders. Additionally, they serve as a copyright attorney and advisor for one or more product groups and their teams.
General counsel earns high salaries due to their extensive education and experience. To get this role, you need excellent communication skills and professional problem-solving abilities. You must also be knowledgeable about litigation, legal issues, and legal advice.
44.5% of general counsels hold a bachelor’s degree, and 7.8% have higher education. The job outlook for general counsel is positive, with a 10% growth rate from 2021 to 2031. There are currently 50,275 job openings in the US job market. According to the BLS, this role will produce 48,700 openings per year for the next 10 years.
Average Annual Salary: $363,500
A dermatologist diagnoses skin problems, advises on treatment plans, and monitors the progress of said treatment plan. They also specialize in cosmetic dermatology, like treating skin conditions that affect a person’s appearance. Additionally, they perform procedures such as Botox injections, chemical peels, and laser treatments.
Due to their immense education, specialized training, and a great demand for their services, dermatologists are well paid. To get this role, you must possess mental dexterity, clinical and diagnostic skills, communication skills, and problem-solving abilities.
Dermatologists hold a Doctor of Medicine (MD) degree and complete a residency in dermatology with a minimum of 12 years of training. The job outlook for this role is positive. It has a growth rate of 7% from 2020 to 2030 and will produce many work opportunities soon.
6. Chief Financial Officers (CFOs)
Average Annual Salary: $270,000
The Chief Financial Officer manages the financial operations of a company and ensures that it is profitable and financially stable. They are also in charge of revenue, expenses, and investments and work closely with other executives to create and implement strategies for growth and profitability.
CFOs earn high salaries due to the complexity of their role and the importance of financial management in the industry. This role requires strong leadership and management skills, and the ability to analyze financial data and make strategic decisions. They also know about the industry and regulatory requirements like compliance with the Federal Food, Drug, and Cosmetic Act.
Chief financial officers must have a background in accounting or finance and an advanced business degree, such as an MBA. They must also have at least 10 years of professional experience in the packaged goods and cosmetics industries. The job outlook for CFOs is positive, with a growth forecast of 10% from 2020 to 2030. It will produce many jobs in the next few years.
7. Research and Development Director (R&D)
Average Annual Salary: $238,887
A research and development director lead the development of new products, improves existing products, and ensures that products meet regulatory requirements. They work with chemists, engineers, and other developers to create innovative products that meet the needs of consumers.
R&D directors earn high salaries because of their special skills and their role in driving innovation and growth in the company. They possess strong leadership, excellent communication skills, and an eye for detail.
To become an R&D director, you need a bachelor’s degree in chemistry, chemical engineering, or a related field. However, many companies prefer a master’s degree or Ph.D. for advanced positions.
According to the Bureau of Labor Statistics, this role will grow by 5% from 2020 to 2030. This job will also produce many employment opportunities in the next few years.
8. Director of Products
Average Annual Salary: $201,000
The director of products leads the development of products and brands that drive growth and profitability within the cosmetic categories. They also ensure that all legal requirements are met and remove unusable and failing products.
Directors of products earn high salaries due to their expertise in the development and their ability to grow and generate revenue for their companies. You need communication, leadership, and analytical skills to lead product developers and ensure their success.
Many companies require a bachelor’s degree in a related field, like marketing, business, or product development. Few of them prefer individuals with relevant years of experience in the packaged goods/cosmetics sector.
The U.S. Bureau of Labor Statistics projects a 4% growth rate from 2019 to 2029 for this position. This role will also provide many jobs in the next few years.
9. Chief Marketing Officer (CMO)
Average Annual Salary: $200,000
A chief marketing officer (CMO) in the packaged goods/cosmetics industry builds and strengthens the brand and creates and heads global strategic plans. They oversee the overall brand equity and architecture. These individuals are highly creative, strategic, results-driven, and passionate about building cosmetics.
CMOs earn high salaries because they drive revenue growth and increase market share for the company. For this role, you should have excellent analytical skills to develop and execute marketing strategies that align with the company’s goals.
Employers hire candidates with a bachelor’s or master’s degree in marketing, business administration, or a related field. Additionally, companies look for individuals with at least 10 years of experience.
The job outlook for CMOs is positive with an 8% growth rate from 2020 to 2030. This role will produce a substantial number of jobs for the industry.
Average Annual Salary: $155,000
A supply chain director oversees the total supply chain process, from sourcing raw materials to delivering finished products to clients. They ensure that the supply chain is well organized, cost-effective, and meets purchaser demands. They earn high salaries due to the intricacy of the supply chain system and the importance of timely delivery of high-quality products.
This role requires individuals to have a deep understanding of supply chain management, logistics, and procurement processes. Additionally, they should know about financial analysis, budgeting, and cost management.
Supply chain directors need a bachelor’s degree in business, supply chain management, or a related field. Some employers require 10 years of work experience in any relevant sector.
The job outlook for this role is positive. The Bureau of Labor Statistics forecasts a 6% growth rate from 2019 to 2029. It will also produce many employment opportunities.
11. Sales Director
Average Annual Salary: $150,000
A sales director leads and manages the sales team, develops sales strategies, and achieves sales targets. They also build and maintain relationships with clients and customers. Furthermore, they study market trends to know the best sales strategy to employ in selling their products.
Sales directors earn high salaries because they generate revenue for the company. To get this role, you must have strong communication, leadership, and analytical skills, and experience in sales and marketing.
The educational requirement for this role is a bachelor’s degree in business, marketing, or a related field. Some companies require a minimum of 10 years of successful business and knowledge in the cosmetics industry.
The job outlook for this role is positive, with a 5% growth rate from 2020 to 2030. This position will produce approximately 594,400 openings per year, on average, for the next 10 years.
12. Creative Director
Average Annual Salary: $140,000
A creative director develops product, brand, and design languages for packaged goods/cosmetics channels. They create package designs and artwork decorations for products. They also create product imagery that communicates the story behind the products and brings them to life.
Creative directors earn high salaries because of their expertise in developing products, brands, and design languages for the sector. They possess strong written and verbal communication skills for pitches and presentations, along with negotiation, persuasion, and project management abilities.
Many employers require a bachelor’s degree in graphic design, fine arts, or a related field. Additionally, creative directors must have a strong portfolio of work that proves their creativity and design skills.
The job outlook for this role is positive, with a 3% growth rate from 2020 to 2030. This position will produce about 503 jobs in the packaged goods/cosmetics industry.
13. Director of Marketing
Average Annual Salary: $140,000
A director of marketing oversees a company’s advertisements to drive sales and build brand awareness. To determine the values and purchasing practices of their target customers, they do market research and analysis of information they get. They also lead the marketing team and identify guidelines for producing promotional content and interacting with customers.
Directors of marketing earn high salaries due to their experience and expertise in the field. This role requires communication skills, leadership qualities, analytical abilities, and experience in marketing.
To get this role, you need a bachelor’s degree in marketing or business administration. However, some companies prefer candidates with a master’s degree for advanced roles.
The job outlook for this position is positive, with a 10% growth rate from 2020 to 2030. This role will produce many employment opportunities in the next few years.
14. Brand Manager
Average Annual Salary: $115,000
Brand managers develop brand strategies, and oversee branding, communication channels, product development, and promotions. They conduct market research to understand consumer behavior and preferences. They use this information to develop advertising campaigns that resonate with their target audience.
Brand managers earn high salaries because they are responsible for increasing brand awareness for their company. They must possess creativity, strategic thinking, leadership, and project management abilities. A brand manager should hold a bachelor’s degree in marketing, business administration, or a related field. But some employers prefer individuals with a master’s degree in any relevant area.
The job outlook for brand managers will grow by 10% from 2021 to 2031. This job will produce many employment opportunities in the future due to the high demand for branding specialists.
Average Annual Salary: $100,000
A product development manager supervises the introduction of new items to provide a timely supply of profitable, innovative new product lines. They direct the cross-functional team that helps a new cosmetic product reach the market and ensure its success. This role earns high salaries because it requires a high level of expertise and experience.
Product development managers should possess business strategy, cosmetics science, project management, and presentation skills. Additionally, they must have experience in providing how-to knowledge to end-users of their products, be detail-oriented, and know about formula sustainability.
Most employers prefer candidates with a bachelor’s degree or higher in business, chemistry, or a related field. Candidates with a minimum of 5-7 years of beauty industry product development experience.
The Bureau of Labor Statistics projects a 10% growth from 2020 to 2030. Currently, there are 6,445 jobs for cosmetic product development managers available in the United States. This role will produce many employment opportunities in the next 10 years.
5 Highest Paying Entry-Level Packaged Goods/Cosmetics Jobs with Good Salaries
Average Annual Salary: $70,000
A supply chain analyst manages the supply chain effectively to ensure that the right product mix is available in the right distribution channels at the right time. They employ a multi-step logistics function to manage retailer requirements.
They earn high salaries because of the intricacy of their job and the reputation of their role in the success of businesses. To be a supply chain analyst, you must have analytical, communication, problem-solving, and attention-to-detail abilities.
Supply chain analysts must hold a bachelor’s degree in supply chain management, logistics, or a related field. The job outlook for roles is positive, with a growth rate of 7% from 2019 to 2029. There are 671 current job openings for this position.
2. E-commerce Analyst
Average Annual Salary: $65,000
An e-commerce analyst analyzes sales data, monitors trends, and develops strategies to increase online sales. They work closely with the e-commerce channel business lead and support the success of the company.
E-commerce analysts earn high salaries because of the increasing importance of e-commerce in the industry. They possess analytic and data analysis proficiency and excellent communication abilities.
The educational requirements for this role are a bachelor’s degree in business, marketing, or a related field. Few companies require a master’s degree.
The job outlook for e-commerce analysts is positive, with a 19% growth rate from 2021 to 2031. This role will produce many employment opportunities in the next 10 years due to the high demand for e-commerce specialists.
3. Sales Representatives
Average Annual Salary: $65,000
Sales representatives demonstrate and sell beauty-care products and can work from their homes or as employees of a cosmetics company. They promote and sell products to customers, build relationships with clients, and meet sales goals.
A sales representative earns high salaries due to the competitive nature of the industry, which demands they meet sales targets. To get this role, you must possess excellent communication, sales skills, and knowledge of the company’s products.
Many employers request a high school diploma or its equivalent for this position. However, some employers prefer individuals with a bachelor’s degree.
The job outlook for sales representatives in the cosmetics industry is positive, with a growth rate of 2% from 2020 to 2030. There are presently 2,398 job openings for this role in the United States.
4. Product Development Associate
Average Annual Salary: $60,000
A product development associate creates new makeup, skincare, and hair care products. They work with cosmetic chemists to develop compounds and formulas, test and perfect them, and add color and fragrance elements. Additionally, they ensure that the products meet health and safety regulations.
Product development associates earn high salaries because of their skills and knowledge for the job. Individuals in this position have excellent communication, project management, and problem-solving skills.
Hirers need a bachelor’s degree in chemistry, biology, or a related field for this role. The job outlook for product development associates is positive, with a growth rate of 5% from 2020 to 2030. According to the Bureau of Labor Statistics, there are currently 4432 jobs available in this position.
Average Annual Salary: $55,000
Marketing coordinators plan and execute marketing programs for products in the packaged goods/cosmetics industries. They create marketing materials like sell sheets and presentations and perform checks and approvals on all goods.
A marketing coordinator earns a high salary because of the high level of involvement, margin, and growth they bring to companies both online and offline. To get this role, you should have experience with marketing software and tools and knowledge of digital marketing strategies.
Many employers require a bachelor’s degree in business or marketing for this role. The Bureau of Labor Statistics projects a 10% growth rate from 2016 to 2026.
How to Get for a High Paying Job in Packaged Goods/Cosmetics?
Looking for a high-paying job in the packaged goods/cosmetics sector can be confusing and exhausting at the same time. But working in the sector is a good path to follow. You need a guide that will increase your chances of landing jobs with the best salaries.
5 solid steps to get for a high paying job in the packaged goods/cosmetics:
1. Build Your Network
Networking is important in the packaged goods/cosmetics sectors. Attend industry conferences, sign up for trade associations, and establish LinkedIn connections. You can learn about employment openings and gain referrals by developing relationships with industry professionals.
Investigate the company and the position you want before applying for any job. To learn more about the company’s offerings, culture, and principles, search its website, social media pages, and news reports. Look at job listings on career websites like Indeed, Glassdoor, and LinkedIn to determine what credentials are necessary for the role you’re interested in.
3. Tailor Your Application Materials
When applying for a job, customize your CV/resume, cover letter, and other documents to the role and business. To demonstrate that you have the qualifications they are seeking, use words and phrases from the job description.
4. Research Salary Expectations
Find out the normal salary range for the position before applying for a job. If you receive a job offer, it will help you prepare for it and enable you to bargain for a higher wage.
5. Apply for the High-paying Job
Apply for any position in the packaged goods/cosmetics industry that matches your qualifications. Utilize job boards. Make sure you provide accurate information and meet the requirements.
Where to Find the Best Paying Jobs in Packaged Goods/Cosmetics?
Many websites focus on the packaged goods/cosmetics industries and offer access to high-paying job opportunities. Job seekers can increase their chances of finding their dream job in this field by utilizing these top job boards.
Top 5 job boards to find the best-paying jobs in the packaged goods/cosmetics sector:
HAPPI is a job board and publication website that focuses on personal care and household products. They also feature job listings from top companies in the packaged goods/cosmetics industries. Additionally, they share news and trends related to product development, marketing, and sales.
2. Cosmetic Recruitment
Cosmetic Recruitment is a job listing site that specializes in posting job opportunities in the cosmetics industry. The post describes vacancies at top cosmetics companies and offers resources for job seekers and those looking to advance.
3. Beauty Packaging
Beauty Packaging is an online publication and job board showcasing the packaging and design elements of the cosmetics sector. On the website, you can find job openings from leading packaging and design firms as well as industry news and trends.
4. Careers in Cosmetics
Careers in cosmetics focus on employment opportunities in the cosmetics sector. The platform offers information for job seekers wishing to enter or advance in the cosmetics industry. They also feature job ads from leading companies in the sector.
5. The Beauty Guild
The Beauty Guild is an association and job board for the beauty sector. The platform offers materials and advertisements for individuals searching for work in the packaged goods/cosmetics sector of the beauty industry.
What are the Top-Level Skills to Get a High Paying Job in Packaged Goods/Cosmetics?
The packaged goods/cosmetics industry requires a wide range of skills and expertise to succeed. To land the best-paying job, you must possess a combination of skills that are highly relevant to this industry.
5 top-level skills you need to get a high paying job in the packaged goods/cosmetics industry:
1. Innovative and creative skills
Many companies lookout for individuals with the ability to think outside the box and come up with new ideas. Experts must stay on top of emerging trends and use their creativity to develop innovative products that stand out in the competitive market. To work in the packaged goods/cosmetics sector, you must be willing to take risks and try new things.
2. Data analysis and technology skills
Data analysis and technological expertise are becoming more valuable because the goods and cosmetics sectors are becoming more data-driven. To streamline processes, employees must be able to handle databases, evaluate market data, and use technological tools. It is highly necessary for decision-making and helps create successful growth. This is why people with these skills are in high demand.
3. Sales and negotiation
Employers want people with excellent sales and negotiation skills. They are essential for developing and maintaining relationships with customers, negotiating deals, and generating revenue.
4. Customer Service
Excellent customer service is important for building brand loyalty and increasing sales in the packaged goods/cosmetics industries. Employees in this field must be able to communicate effectively with customers and understand their needs. Additionally, they must develop effective strategies for building brand loyalty and promoting sales.
5. Product development
In the packaged goods/cosmetics industries, having the ability to create novel, marketable items is crucial. Developing products that fulfill consumer wants, calls for a combination of creativity, technological expertise, and market research. Successful product designers in this sector keep up with new trends, analyze consumer preferences and demands through market research, and collaborate with cross-functional teams to create products that appeal to the target market.
Top 10 Companies with the Highest-Paying Jobs in Packaged Goods/Cosmetics
The packaged goods/cosmetics industry is a competitive and constantly changing industry that needs many skills, from product development to manufacturing. Leading companies in this sector pay top dollar for individuals with the skills to spur innovation and growth.
Here are the top 10 companies in Packaged Goods/Cosmetics and their highest-paying roles:
|Name of company||Size (No of employees)||Highest paying title||Salary|
|Procter and Gamble||106,000||Senior Director||$398,043|
|Johnson & Johnson||153,00||Director||$355,232|
|Estee Lauder Companies||63,000||Executive Director||$349,237|
|Inter Parfums||527||Vice President||$338,090|
Which Packaged Goods/Cosmetics company pays the highest salary?
Coty pays the highest salary in the packaged goods/cosmetics industry.
What are the Factors Influencing an Employee’s Salary in the Packaged Goods/Cosmetics?
Workers’ salaries in this sector can be influenced by several factors. Knowing these factors is essential for employers to have salary packages that will attract and retain top talent. It will also help job seekers make good decisions.
5 important factors that influence an employee’s salary in the packaged goods/cosmetics industry:
Location is an important factor that determines an employee’s salary because living costs differ from region to region. Companies located in large metropolitan areas with high living costs offer higher salaries to compensate for the higher cost of living. For example, employees working in New York City or Los Angeles get higher salaries than those working in smaller cities or rural areas.
2. Company Size and Reputation
The size and reputation of a company affect its workers’ salaries in the packaged goods/cosmetics industry. Larger and more established companies offer better salaries and benefits packages than smaller or newer companies. This is because they have financial stability and a good reputation in the industry. Additionally, larger companies have more resources to invest in their employees, which results in opportunities for career growth.
3. Education and Experience
Education and experience are the two most important factors that determine an employee’s salary. An individual with higher education and relevant industry experience will earn more than someone with little or no experience in the industry. Also, a Ph.D. holder might earn more than individuals with a bachelor’s degree alone.
4. Job Roles and Responsibilities
The job roles and responsibilities also influence salaries in this sector. For example, executive-level roles that require higher levels of responsibility and decision-making abilities have higher salaries. Entry-level positions collect lower salaries.
5. Market Demand
The demand for particular skills and knowledge also affects workers’ pay. A worker with specialized talents in fields like product development or marketing, which are in great demand, earns higher compensation. Salaries can also rise to entice and keep the best people when there is a shortage of competent individuals.
Conclusion: Best Paying Jobs in Packaged Goods/Cosmetics
The packaged goods/cosmetics industry is a growing field that offers many exciting and best-paying job opportunities. As consumers continue to demand innovative and high-quality products, there will be a continued need for skilled professionals. These experts are the ones who can help companies meet these demands and drive business growth and success. With the right education and skills, you can land a high-paying role in this sector.
Frequently Asked Questions on Best Paying Jobs in Packaged Goods/Cosmetics
What is the highest paying job in Packaged Goods/Cosmetics?
Vice president of operations is the highest paying job with an average annual salary of $477,444.