how to increase earning potential
2. Learn another language increases earnings potential by around 2% per year. Being bilingual or multilingual in a global business world will increase your earnings power. The Economist examined just how much of an impact learning a foreign language has on an employees's earnings and employment.
MBA Salaries: Increase Your Earning Potential. Those interested in earning an MBA will find the degree can significantly increase their earning potential. An MBA salary is approximately $15,000-$20,000 more per year than those who hold a bachelorâs degree. An average MBA salary is approximately $90,000.
Data published on Monster indicates that negotiation skills can increase earnings by 4% at some jobs, and some companies will pay a 5% higher salary for someone with strategic marketing skills. A data analyst who knows their way around SAS programs, for instance, can earn 17% more than an analyst without that skill.