Think You Need A Degree To Secure A High Pay Job In 2024? Think Again
In the modern workplace, both hard and soft talents are being highlighted to an increasing degree in job advertisements for positions with annual incomes of more than $200,000.
According to recent findings published by the job search engine Adzuna, the field of logistics and warehouse, which is predominantly one in which workers do not sit at desks, is the sector that has the biggest number of job openings advertising high-paying wages of more than $200,000.
Know to Think You Need A Degree To Secure A High Pay Job In 2024
According to the statistics, “energetic” and “invoicing” are the top two soft skills and hard talents that are highlighted in job adverts for positions that pay more than $200,000 annually.
The data from Adzuna highlight the fact that abilities are continuing to become more of a priority than degrees when it comes to getting a top paycheck in a given field.
According to the findings of the study, there are a range of positions that give wages of more than $200,000 to individuals who are looking for work, and these high-paying jobs do not require a degree.
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According to the statistics, the legal industry had the biggest proportion of jobs (4.3% of them), advertising incomes of more than $200,000, and also had the most job openings (165 of them) in this wage bracket.
Next in line was information technology (3.2%), with 503 openings in the same salary range.
5,849 job openings are currently available with incomes in the range of $200,000 or more in the field of logistics and warehouse, which accounts for three percent of all job openings in the country.
According to the research, there is a greater demand for individuals to fill higher-paying roles in these businesses compared to the fields of public relations, advertising and marketing, healthcare and nursing, and engineering, respectively.
This opens up doors of opportunity for individuals who are looking to develop their careers and transition into professions that pay a higher salary.
The value of skills has surpassed that of degrees
According to data that LinkedIn just published, recruiters who use the company’s recruitment function are five times more likely to search and filter candidates based on skills and competencies stated within the job description than they are to search based on degrees.
This finding was made public by LinkedIn. In point of fact, the percentage of job openings posted on LinkedIn that require a degree has dropped by a substantial margin; the ratio has dropped from 21 percent in 2019 to slightly under 20 percent in 2024.
Additionally, nearly 90 percent of the job ads that Adzuna evaluated did not identify any degree requirements, and only 9.5 percent made any reference to applicants needing to have a degree in any way, shape, or form.
Although some occupations do not indicate a degree requirement because it is assumed, the data reveals that employers in certain areas are increasingly valuing years of experience and talents equally to formal college degrees. Of course, certain jobs do not state a degree required because it is assumed.
For example, there is a greater proportion of roles advertising salaries over $200,000 in public relations, advertising and marketing, and human resources.
This is in comparison to the proportion of roles advertising salaries over $200,000 in engineering and the healthcare and nursing industries, which are two fields that typically require many years of schooling and credentials and that are commonly assumed to offer high salaries.
This can be ascribed to the fact that in just the past year alone, we have seen how rapidly developing technologies are developing and transforming, which has made a degree of less value than hands-on experience and expertise.
In addition, firms are under increased pressure to make the shift toward employing candidates based on their talents, which will enable them to diversify their talent pool and alleviate labor shortages.
“Energetic” is the most cited soft skill, accounting for 23.5% of job ads for roles with high-paying wages, according to the study published by Adzuna.
When considering the top 10 soft skills mentioned in job ads providing over $200,000, “Energetic” is the most cited soft talent. After this comes “Communication” with 12.2% of the vote, “Planning” with 6.4%, and “Leadership” with 6.3%.
In terms of hard skills, “Invoicing” is in the lead and is mentioned in 26.9% of advertisements for jobs with high-paying wages.
This is followed by “Operations” (4.1%), “Dispatching” (4.1%), “Research” (3.8%), and “Budgets” (3.2%), and don’t forget “Project Management” (2%).
In recent years, there has been a significant rise in burnout and a decrease in employee engagement, both of which have led to an ultimate “quiet” resignation among workers.
As a consequence of this, companies are placing a greater emphasis on the employment of individuals who demonstrate a high level of engagement and exhibit good communication skills.
This is done in the hopes that these candidates will assist in driving higher levels of involvement and productivity within their employees.
This presents an opportunity for potential candidates to concentrate on developing and refining their new unique selling point, which consists of their soft and hard skills.
This will open the door to more collaboration, confidence, and creativity, all of which will result in a fulfilling work experience and allow them to thrive within the organization.
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How can you get hired for a job that focuses on your skills?
The process consists of multiple steps, one of which is the discovery of these possibilities. The second question that naturally arises is, “How can you differentiate yourself from other professionals and keep a competitive edge over other candidates?”
Make the most of opportunities to improve your skills and learn new ones
“Businesses are shifting their priorities when it comes to hiring talent and placing greater value on the years of experience, technical knowledge, and soft skills workers have, regardless of whether or not they went to college,” says James Neave, head of data science at the job search engine Adzuna.
Job seekers need to take advantage of possibilities for upskilling and reskilling so that they may differentiate themselves from other candidates and be evaluated for roles that require their specific expertise. Skills continue to stand out as a key competitive differentiator.
If you are currently employed, you may be eligible for a number of paid, low-cost, or even free possibilities to increase your level of expertise that are available online.
You can take advantage of well-known sites like Udemy, Coursera, Allison, and LinkedIn Learning, and you can even find specialized sites that are geared specifically toward your sector and enroll in the training courses that they provide.
Also, many colleges that typically give professional degrees also provide shorter courses, certificates, and diplomas that occasionally contribute towards a degree and are highly convenient for upskilling in a short amount of time and at a cheaper cost than a traditional degree would be. This is because some courses can be completed in as little as a single semester.
Make sure these talents are highlighted on your LinkedIn profile
Because it was stated earlier that recruiters who are headhunting and filtering candidates on LinkedIn are more likely to search based on skills criteria than on degree criteria, your top priority should be to ensure that you include these fundamental skills, which are also known as “keywords,” in your LinkedIn headline and throughout your “about” and “experience” sections.
It is vital to keep your profile current in line with your professional experience so that you are well-positioned for any opportunities that may come your way and won’t need to panic at the last minute should you lose or be laid off from your job.
This applies whether you are working or not since it is necessary to keep your profile current in line with your professional experience.
If you don’t do this, it’s possible that you won’t be considered for some possibilities; this won’t be because you lack the necessary abilities but rather because you failed to make any mention of them in your application.
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Show proof that you have the skills
At the time of this writing, LinkedIn possesses a variety of features that, when combined, enable users to demonstrate their talents in a variety of innovative ways.
These features include a “demonstrate your skills” section, the capability to attribute skills to their experiences, and endorsements from their coworkers and other people with whom they have worked.
Beyond LinkedIn, however, Neave, head of data science at Adzuna, recommends that candidates “highlight these in-demand skills at the very top of their resume and share examples during interviews of how they used these skills in their everyday work to achieve results, both from a project and team building perspective.”
Neave points out that he recommends “candidates highlight these in-demand skills at the very top of their resume.”
Throughout the past few years, it has become increasingly clear that skills are the new golden key to getting eye-popping compensation.
This new normal provides you, as a professional, with an exciting opportunity to grow as you progress along the path of your career.
You should make the most of the opportunity to utilize the skill set you already have, make the most of the training options that are offered to you, and demonstrate proof of these things throughout your work portfolio and in interviews. This will ensure that you are in a strong position to acquire the pay of your dreams.
