How to Increase your Salary Potential
- Feb 25, 2016
- Written by Ken
4 ways to increase your salary potential
How much money do you earn each year? As of 2013, Labor Statistics report the median annual earnings for someone with less than a high school diploma at $24,544, while someone with a professional degree earned $89,128. Everyone else fell somewhere in between.
- High school diploma holders: $33,852
- Associate’s degree holders: $40,404
- Bachelor’s degree holders: $57,616
- Master’s degree holders: $69,108
- Doctoral degree holders: $84,396
- Some college, but no degree: $37,804
Of course, we all know obtaining a degree requires a substantial amount of time and money, and these are resources that many people don’t have in excess. There are other things you can do to increase your earnings power, however, that do not necessarily require such a lengthy time commitment or a hefty financial investment.
- Certification; potential earnings increase of $5,000 to upward of $20,000 annually
These days, virtually everyone has basic computer skills. Most employers expect educated candidates to understand how to use Windows, operate Word, and create basic spreadsheets. You can increase your value to an employer by proving your skills through certification.