Money For Lunch – How a Degree Will Enhance Your Career

How a Degree Will Enhance Your Career

October 5, 2016 8:26 AM0 commentsViews: 28

 

How a Degree Will Enhance Your Career

You might already have a degree or perhaps you went to work right after high school, but there is no question that earning an additional degree can enhance your career and grow your income potential. A degree will make you more valuable as an employee and an attractive candidate for businesses.

This is good news even if you already have a stable career. If you improve your qualifications, you employer will be reluctant to face the prospect of your being hired away from your current company, and you may receive incentives, such as a promotion, to encourage you to stay. This possibility is more likely if you have a degree, so going back to school is a win-win situation whether you are looking for a job or already have a career.

What to Consider Before Applying

The first question you may ask when faced with the prospect of earning a degree is if you have the time and money to go back to school. The answer to this question depends on various factors, including your financial situation your time restrictions and what kind, of course, you are thinking about pursuing. Fortunately, there are many part-time and online options for education nowadays, and earning an additional degree has never been easier. At the same time, you want to make sure that you don’t end up in financial difficulties because of tuition or compromising your current position because of the time you spend on your studies.

Learning While Working

When you are thinking about earning a degree, whether it is an MBA or a USC MMLIS, it is important to see whether it is available as a part-time option. Take a look at how many hours are involved a week and how long the course is designed to last. Many courses today have full-time and part-time options, with the part-time versions requiring a longer period time for completion but a lower annual tuition. Budget your time as realistically as you would your money and be honest about how much extra time you actually have.

Many people keep the information that they are working on a degree a secret from their employers or co-workers because they fear that they will seem to be compromised regarding time commitment, and they don’t want to give the impression that they are shopping around for a new position. Far from hiding the fact that you are going to school, you should consider whether it is a good idea to share the information with your employer because it could provide an advantage.

If the topic of your degree is relevant to the work you’re currently doing, your employer could see that you are potentially adding value to the company. In addition, the notion that you will be a more attractive applicant once you finished the degree may encourage your employer to create more incentives to keep you. This could include a raise or a promotion. In fact, a number of companies finance degrees for employees who have been working for the company for a long time to reward their loyalty and to enable them to increase their value as employees. In these arrangements, the employee may agree to remain with the company for certain of a number of years in return for tuition payment.

Enhance your value

There is no question that an educated employee is an asset to a company and is an attractive candidate in the job market. Whether you plan to take time off receive your degree before returning to the workforce or continue holding your current position while you study, there are many opportunities that can allow you to learn at home online work part time in the evenings after work. If your course is relevant to your current career, your employer may be more likely to welcome the information that you are pursuing the degree than see it as an impediment.

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