How postgraduate studies impact salary increases
A master's degree is not just for training scientists! Investing in qualification courses, such as undergraduate and postgraduate courses, can directly impact the salaries of professionals at different hierarchical levels. According to the Masters and Doctors study, carried out by the Center for Management and Strategic Studies (CGEE), linked to the Ministry of Science, Technology and Innovations and Communications (MCTIC), Brazilians with a master's degree earn, on average, four times more than the other workers in the country.
Companies and government organizations are increasingly looking for well-rounded professionals and, in a few years, graduation will be just a prerequisite for those who aim for ambitious professional advancement and a consequent considerable increase in remuneration.
In the last 20 years, following the global trend, the master's degree aligned with theory and practice has grown in Brazil and is a great alternative for those who wish to expand theoretical knowledge through research and, thus, learn to use it at work.
There are variations depending on the position and type of postgraduate degree
Each postgraduate course has a different impact on remuneration, especially considering the positions. Therefore, it is very important that you evaluate your desires and professional goals. This way, you will be able to choose which powder to invest in to have a better chance of return.
Catho Educação, the company responsible for conducting the 54th edition of the Salary Survey, had the participation of more than 2 million professionals from more than 25 thousand companies in just over 4 thousand cities across Brazil. In management positions, for example, the salary difference between those with only a bachelor's degree and those with a postgraduate degree reaches almost 50%. In relation to the assistant and analyst levels, the difference, depending on the segment of activity, can reach 118%. The table below illustrates the percentage of salary difference according to the level of training:
A professional with a master's degree earns, on average, R$9,719.00, while the national average for other workers is R$2,449.00. In other words, the market recognizes better qualified professionals. This reality will be increasingly common and organizations need complete professionals. In addition to your experiences, only qualification will give you this ability. Furthermore, investing in education is an excellent way for professionals to achieve their career goals. The following table shows the average salaries for the different training levels.
In the job market, concepts and processes are constantly evolving, and professionals must keep up with this demand. Investing in postgraduate studies, being present at lectures and workshops and also reading content in your area of expertise are fundamental attitudes. Continuing education guarantees the updating so valued by the market for people who work in all areas and prevents the professional from becoming outdated.
Public servants can also increase their salary
If professional qualification is a differentiator for those looking for space in the competitive job market, among those taking part in public examinations, the diploma can translate into increased income. Academic training is an alternative for public servants to achieve promotions. According to research by FGV, the average income of Brazilians who completed a master's degree is up to 66% higher than that of candidates who only completed their undergraduate degree.
Career progression is provided for in the statutes of municipal, state and federal civil servants. The increase in salary accompanies the payroll after retirement. The additional is taken into retirement, as it is included in the basic salary. Anyone who has already stopped working, but took an academic course above the training required for their position, while working, can apply to receive the additional benefit in the Human Resources department of the secretariat where they worked. You must bring your course completion diploma and academic transcript. The skills achieved during a master's course will strengthen your CV. This way, you will be more likely to get a good position with high income. If the professional is looking for career progression, the best path is to learn new skills and knowledge.