Business services can be defined as a subset of economic services, sharing many characteristics. Both types of services are concerned with building service systems and delivering value to their customers. Unlike the consumer, however, businesses do not provide the goods or services themselves. They purchase them from other organizations. Hence, business services are often viewed as a form of social contract, with both parties benefiting from them.
Careers in business services
A career in business services can provide you with an exciting mix of challenges and rewards. As a growing sector of the economy, it provides employment opportunities for millions of people around the world. Many of these jobs can be performed remotely, offering flexibility and minimal commute time. These positions also require a high level of analytical thinking and problem-solving skills.
There are a variety of career paths in this field, and some require an advanced degree. However, others can be obtained with a bachelor’s degree or associate’s degree. While some careers require a high level of education, others can be a great fit for people with a passion for sociability. Working with other people is a necessary skill in nearly every job.
Job outlook
The job outlook for business services professionals is a great one. This career field is growing faster than average, and employment opportunities are expanding as well. Business services professionals are in demand as the world economy becomes more globalized. The Bureau of Labor Statistics (BLS) projects that the number of jobs in this sector will increase by 9 percent over the next decade.
Business services are activities that companies perform for other businesses. They may include banking, insurance, warehousing, and communication. These businesses are comprised of teams of professionals who provide assistance and support to their customers. Because of their importance to businesses, these jobs tend to pay well and offer many career opportunities.
Career opportunities
The business services industry offers a range of career opportunities for people with diverse backgrounds. Many jobs in the field require just a high school diploma, although others may require a bachelor’s or graduate degree. In general, these jobs offer great job security and flexible hours, with excellent earning potential. The average salary for a business services worker is $36,412, with a wide range of possibilities for higher salaries.
Whether you’re interested in warehousing, computer systems integration, or security systems, there’s a position for you in business services. In this highly competitive field, positions typically require a high level of technical knowledge, and can range from simple administrative tasks to complex technical processes. Business services professionals can work at their client’s sites or remotely through an internet connection. Many business service companies promote a positive work culture and provide excellent training.
Salary ranges
Business services salaries vary greatly from one region to another, so it’s important to find out exactly what you should expect in your region. For example, an engineering or corporate management employee may make an average annual salary of $101,546 compared to a retail employee’s salary of $36,412. There are also many job titles and specialties in this industry, and the ranges that apply to each job type will likely differ from one location to another.
Business services are a recognized subset of economic services, but they’re different from economic services in that they focus on building service systems for businesses. Business services professionals are both service providers and consumers, so their salary ranges are often higher than those for other professionals.
