Print

Education >> Browse Articles >> Education Information and News

+1

How Your Education Level Directly Affects Your Salary (It's Bigger Than You Think)

How Your Education Level Directly Affects Your Salary (It's Bigger Than You Think)

Putting in money now could mean hundreds of thousands more later. It's not a gamble, it's an investment in your future, your family

AdminSecret

You’ve heard that your base salary is largely determined by your education level – but did you ever wonder exactly how much education matters? If you’ve got enough smarts, it shouldn’t matter whether or not you have formal training – right?

Wrong. At least, it might not be so simple. As job scarcity continues to drive more competition to each open position, administrative office support professionals with strong educational backgrounds are the ones scoring high-paying jobs. Because employees with formal training are increasingly preferred, the relationship between compensation and education is becoming even more prominent across different sectors of the economy.

The Big Picture: Why Degrees Matter

• Depending on industry and specialty, pay increase per degree will range from 10% – 300%!

• Return on investment of tuition within 3 to 5 years

Education is an essential ingredient on the path to professional success. Employers have increasingly used diplomas and degrees as a way to screen applicants. And once you’ve landed the job you want, your salary will reflect your credentials. Experts say that a bachelor’s degree is a good idea no matter what the major because earnings tend to rise as education levels increase.

According to the U.S. Department of Education’s National Center for Education Statistics, between 1980 and 2005 “young adults with at least a bachelor’s degree consistently had higher median earnings than those with less education.” In 2005, male workers ages 25-34 with a high school diploma or GED had a median income of $29,600, while those with a bachelor’s degree or higher earned $48,400. Among women with the same characteristics, those with a high school diploma or GED made $23,500, and their counterparts with bachelor’s degrees or higher earned $39,500.

Focus: How Does This Effect Admin Professionals?

It is plain and simple: the higher your degree, the more you prove your knowledge and skills. The more you can prove your knowledge and skills, the more employers want to hire you. The more employers want you, the more responsibility and status they give you. This snowballs your career, accelerating it to where ever you want to go within a company.

Even we at AdminSecret, experts in the office support career field, might not be able to convince you of this. But maybe the numbers can…

Below are a series a graphs that prove how education directly effects your position in an organization and your pay. It’s about advancing your career. It is about having the skills and knowledge to move you up the ladder. Without a college degree, the chance of this are slim – especially in today’s tight economy.

Study the graphs below that compare:

Median Salary by Job – Degree: Associate of Arts (AA), Business
Median Salary by Job – Degree: Bachelor of Business Administration (BBA)
Median Salary by Job – Degree: Master of Business Administration (MBA)

Envision a better career, a better future, a better life – all from earning your degree.





+1
  • Photo_user_blank_big

    jiemo

    almost 4 years ago

    612 comments

    MBT Shoes to maintain the same position for too long after walking the main useful function ofstructure. And many common shoes may aggravate the situation. But now,cheap Anti Shoes the main battle tank in your shoes can eliminate these problems and cheap cheap mbt can help you maintain your health.
    When do you usually wear Womens MBT Shoes , yainless leisure and Cultural Services Department to accept. so shoes and bresk interpretation of daylight saving time, a pair of mens MBT Shoes feet relax and rest.

  • Photo_user_blank_big

    wstoneman

    almost 4 years ago

    22 comments

    I noticed that there aren't too many Administrative Assistants with Bachelor's or Master's degrees in the graphs shown. (Nor do I think Bachelor's and certainly not Master's degrees are necessary to be an effective Admin - even thought I have a Bachelor's myself.)

    I would've liked the article to tell me, as an Admin, how education (maybe certifications or specialist courses) could provide me with the same jump in salary.

  • Photo_user_blank_big

    clunsford

    almost 4 years ago

    2 comments

    I find it ridiculous that any employer would find that someone who has just graduated from college with a degree would consider that a degree in whatever would be more beneficial to their business to someone who has been doing the job for over 20 years without a degree. It’s almost like discrimination against someone who languished in school for 4-6 years to someone who has actually been doing the job for 5x that time. Who would you rather hire? I know who I’d like to be the go-to person in a pinch!

Adminsecret School Finder

Save time in your search for a degree program. Use AdminSecret's School Finder to locate schools online and in your area.

Get Info

* In the event that we cannot find a program from one of our partner schools that matches your specific area of interest, we may show schools with similar or unrelated programs.