After being employed in an organization for several years, you will already be familiar with corporate policies and trends. It is natural to expect a higher position as you improve in experience, technical and human skills over time.
On the other hand, getting a bachelor’s or even master’s degree is a massive investment in time and money. A feasible option is to enroll in an online college or university while working. This way, you can continue earning while pursuing your academic goals.
An online degree can be paced and planned with your work schedule. With your current paycheck coming in, you can undoubtedly reduce reliance on student loans.
Now, how will a degree help you get promoted or a raise? Here are some points you can consider.
Company policies and practices
Unfortunately, companies that do not offer senior management positions to people without a degree exist. Whether the individual has over 20 years’ experience or is already performing leadership roles, some Director and higher posts still require a degree.
In this scenario, your degree will help you get that position and raise in pay in any organization.
When companies put job candidates side by side, academic qualification plays a vital role in pushing the resume forward. The public sector and large organizations also tend to have salary scales according to credentials.
A relevant degree will undeniably put you in a position to qualify for new posts and pay.
What a degree says about you
A degree can send signals about you as a person such as:
- You are coachable.
- In-depth knowledge of your area of study.
- Team player.
- Your attitude towards academic excellence.
Many people can hold the above traits. Having a degree shows you have gone through the system, which can take the guesswork out of employers. Moreover, employers are assured that you have had the right training to perform the job with an accredited degree.
Without a degree, you will have to prove your commitment and loyalty to the organization. All these take time to show while you continue to work without recognition.
Therefore, with a degree, you can get noticed quicker and stand out from a pool of job candidates. With so many online colleges to choose from, you can get qualified and promoted much faster than others who do not have a degree.