Are you ready to make $15,000 more with skills you already have?
The New Federal Reserve tool shows how workers can earn $15,000 more with skills they already have. Did you know college graduates often out-earn those without a college degree? College graduates earn about 67% more than those that do not go to college.
Lately, there has been a renewed emphasis on helping people without a college degree learn new skills to increase their earnings. This can be done without going back to school full-time. How does this work? It is called upskilling. The Federal Reserve Bank of Philadelphia, which estimates that workers without a bachelor’s degree could earn $15,000 more per year through upskilling.
“What’s truly exciting is that our researchers have found that many workers already possess the skills they need to increase their income — all they might need is a little additional training. For transitions connecting the most similar occupations identified in the study, the average bump in wages was almost $15,000 — real money.”
-Patrick Harker, president and CEO of the Philadelphia Federal Reserve and former president of the University of Delaware
The Fed’s new “Occupational Mobility Explorer” allows workers to search for high-paying job transitions in their metro area and compare skills needed at different jobs.
Some of these transitions may require earning a certificate or credential
“Many skills today are gained through a variety of short-term programs that do not lead to degrees but can provide marketable new skills,” stressed Harker. “These courses can be as short as two months, and students — many of whom are in their mid-career and are looking to retool — gain a marketable new skill.” -Patrick Harker, president and CEO of the Philadelphia Federal Reserve and former president of the University of Delaware
Non-traditional skill training will be an essential part of the country’s economic recovery.
“Now is the time to double down on reskilling, addressing those skills that are needed to get folks into middle-skill jobs that are going to allow for them to have significantly higher wages,” says Ortiz. “And I don’t think there is a better time than ever before for us to really be considering the role that workforce development can play into that, given the fact that we have millions more unemployed than we did than we did this time last year.” -Jose Ortiz Jr., CEO of the NYC Employment and Training Coalition
Are you ready to Upskill?
If you are ready to upskill your cybersecurity career it is time for training. Information technology professionals need to stay up-to-date with all their training. As the latest trends in cybersecurity change, this will allow you to respond to them. Ongoing cyber workforce training will allow you to keep up with the ever-changing demands in information technology and cybersecurity.
The trends and problems in cybersecurity are always changing so it is essential to be skilled, alert, and mindful. Proper security training will help employees not become the weak link when it comes to hacking and phishing. It is essential to remain knowledgeable and understand the significance of data security. Threats are only becoming more advanced so it is vital that everyone is aware of the current cyber landscape so they can be prepared.
The most common include:
- CompTIA Security+
- Certified Ethical Hacker (CEH)
- Certified Information Systems Security Professional (CISSP)
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