Master's degree doesn't make

“A master's degree may not lead to better job performance, but employers are still willing to pay extra for employees who have one, according to a new survey.

In a survey of 1,000 hiring managers in the U.S., Resume Genius found that 62% of hiring managers say that employees with master's degrees perform the same — or worse — at work as employees with a bachelor's degree and two years of experience.

Despite this, 72% of hiring managers still say they would offer higher salaries to a job candidate with a master's degree than one without.”

https://www.nbcwashington.com/news/business/money-report/having-a-masters-degree-doesnt-make-you-a-better-worker-say-hiring-managers-but-youll-still-get-paid-more/3924923/

 

Interesting info.
While trends change, it's a big plus if the manager holds a relevant master’s degree.
Side note, Master’s degree makes a difference in other fields.

 

My experience is that it has been that way for a very long time, at least a few decades. I've even suggested to some employees that if they earned a Master's degree that they would need to quit their current job and hire on to a new company to take best advantage of it.

 

It's hard to say for sure, though. I THINK my Masters had something to do with a promotion and large pay increase but it was just one of several factors.

 

In the Air Force, almost no one makes major without having a master's degree. It is de rigueur. Also, a lot of assignments required it, even at lower grades. When I applied to become an AFROTC instructor, it was mandatory.

Interestingly, our Army and Navy ROTC compatriots didn't have the same requirement. In fact, most of them did their master's degrees while serving as instructors. At SDSU, they were given lecturer rank while we were given assistant professor rank because of this distinction.

None of my post-military jobs explicitly required a master's degree, but I'm sure it was a factor in hiring.

 

I could not have my current job without my Masters in Library Science. On the opposite side, my Masters and subsequent Doctorate in History has not paid financial dividends, but I did not get them for that.

 

One of my kids is a teacher. He earns extra pay because he has a master's degree, which he earned at the same time he completed his teacher credential program.
My wife’s work is similar in some ways — certain positions require a master’s degree in a relevant field along with professional accreditations.
So, it’s definitely a mixed situation. Some of my coworkers also have MBAs or other master’s degrees that they earned while employed, and they say it hasn’t really helped to advance in their current roles, even if they feel it made them better professionals. However, they feel it might open more doors or make them more competitive for senior-level positions if they decide to look elsewhere as few did make such moves successfully.