Is Professional Services A Good Career Path In 2024?

Published October 11, 2022 · · Updated May 19, 2024 · 6 minutes · by Kamerpower ·

Is Professional Services A Good Career Path? The professional service industry is ever-growing, providing many opportunities for professional services careers. The Bureau of Labor Statistics reported that the the industry added over 95,000 jobs. Some of the best paying jobs in professional services include technical consulting, computer design, dentistry and scientific research. 

Professional Services encompass basically anything a business needs to outsource to do their job more efficiently or to do it at all. They’re not tangible goods but services and skills that people who are experts in the field provide to other companies.

Is Professional Services A Good Career Path?

Yes, the field of professional services is a great career path. The professional services industry is a broad term that covers a lot of different jobs; that’s part of what makes it such a great career path. You can follow your interests in a lot of different ways and be employed in the professional services business.

Professional and business services is a high-demand industry with plenty of opportunities for qualified job seekers.

Recommendations 

• Top 16 Best Paying Jobs In Professional Services Industry 
• Is Business Services A Good Career Path?
• 20 Business Services Jobs Paying Well | Best Paying Jobs in Business Services

Why Choose A Career In Professional Services

The best reason to choose a job in professional services is that the options are so incredibly vast. You can pick the field that most interests you and begin working in that field on an outsourcing basis.

1. Opportunity to be hired full-time.

To be honest, some people actually prefer the reliability of a “nine to five office job” and the benefits that come with full-time employment. Working in the service provider industry gets you in the door of a lot of companies and can lead to a full-time job if that’s what you want.

2. Flexibility.

Many professional service jobs allow you the flexibility to pick your own hours and your own days of working. Some don’t, but they usually do have more flexibility than you would have if you were a traditional employee.

3. Income is unlimited.

Many people find that in this business, you can make as much money as you want – as long as you’re willing to work really hard and long hours.

4. Job security.

Why rely on just one employer when you can have several. This means that if one of your customers or clients goes out of business or goes elsewhere for your services, you’ve got others to back you up.

Certification Requirements For A Career In Professional Services

1. On-the-job training.

A huge part of what you do in the professional services field, no matter what your job or education, is going to be based on the training you get specific to your position. The savvy professional will take that knowledge and apply it to other situations so you can expand upon your professional repertoire.

2. Bachelor’s, Master’s, and Doctorate degrees 

Obviously, if you’re choosing a professional services field that requires one of these advanced degrees, then you’re going to need to earn that degree before you can work in the field. But that’s no surprise to you.

3. High school or GED.

The first step is getting your high school degree or a GED. This is a base requirement for many entry-level jobs. After that, you can work in the industry and work your way up, or you can see where you might need some additional training.

4. Associates or tech certifications.

If your chosen field needs these degrees, then that’s something to set your sights on. Not all professional service fields require additional certifications and degrees.

What Do Professional Services Jobs Pay?

The pay fluctuate base on the market demand for your service, as well as your expertise and reputation in the field. According to Glassdoor, the average annual pay for a person in professional services was around $84,889 in July 2022. However, data from the U.S. Bureau of Labor Statistics (BLS) shows the average hourly pay for those working in professional and business services as $38.62 per hour, which is just over $80,000 per year.

Types of Careers in Professional Services

An array of careers are available in professional services, including:

• Consultant. 
• Content marketer. 
• Digital marketer
• IT analyst.
• Project manager
• Real estate appraiser. 
• Engineer. 
• Advertising executive. 
• Architect
• Attorney
• Bookkeeper.
• Financial planner
• Graphic designer.

Best-Paying Jobs in Professional Services 2024

1. Physicians and Surgeons

Physicians and surgeons are highly compensated healthcare professionals that diagnose and treat illnesses and other medical conditions. They work in clinics, hospitals, government agencies, and private companies. Average Salary is $208,000.

2. Airline and Commercial Pilots

Pilots are licensed professionals in charge of operating airplanes or helicopters for airlines, corporations, or governments. Pilots are responsible for the safe departure, journey and arrival of flights. Average Salary is $130,440.

3. Software Developers or Engineers

Software developers offer technical services by creating, designing, and maintaining software applications. They also perform tests to ensure the applications are functioning properly. Average Salary is $110,140.

4. Teachers

Postsecondary teachers are educators who instruct students in various academic and technical subjects. They usually work in colleges, universities, or professional schools, such as law or medical schools. Average Salary is $80,560.

5. Financial Managers/Accountant

Financial managers and accountants aren’t often the same person, but either position helps a company manage its money and is highly paid for doing so. If you have a head for business and finance and have earned the degrees and certifications you need, you can do very well in the world of professional services. Average Annual Salary is $52,000.

6. Administrative Assistant

Most companies that have administrative assistants need them all the time, but this is still a huge business for outsourcing companies because there are times when a temporary employee is needed to fill in, or business is booming, and extra help is needed. Average Annual Salary is $36,000.

7. Actuaries

Actuaries are business professionals that specialize in the mathematical analysis of risk and uncertainty. They use their skills to assess the financial implications of risk and to help businesses and individuals make informed decisions about their money. Average Salary is $111,030.

8. Product Demonstration Expert

You see these professional service experts in grocery stores, at trade shows, conventions, and even fairs. Everywhere you see a product being demonstrated, spotlighted, and even tasting events, it’s probably being managed by someone hired to do just that.

9. Computer and Information Technology Professionals

The world of IT is ever-changing and so complicated for people who aren’t willing to dedicate their lives to stay on top of new tech and trends. That’s why computer specialists and IT professionals are in such high demand, and they’re paid for their experience and knowledge too. Average Annual Salary is $76,000.

The Professional Services Jobs Outlook

Due to the professional services are consistently being in demand, the job outlook for these careers remains strong year over year. According to the BLS – U.S. Bureau Of Labor Statistics, employment in professional and business services has grown by 880,000 jobs since February 2020, including the addition of 74,000 jobs in June 2022.