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Fast Company
10 hours ago
- Business
- Fast Company
Is a master's degree worth it? A new survey of hiring managers casts doubt
Hiring managers aren't convinced that master's degree holders perform better than candidates with two years of work experience, but they are still willing to pay them more. That's according to a recent survey of 1,000 U.S. hiring managers conducted by Resume Genius. Fifty-two percent of respondents said the performance of those who earn the credential is the same as those with a bachelor's degree plus two years of work experience. Another 10% believe it's worse. 'A master's degree simply isn't experience; it's knowledge,' explains Resume Genius career expert Nathan Soto. 'So much practical know-how can only be learned by doing the job, and higher education doesn't prepare people for work. It prepares them for even higher levels of academic study.' The survey also suggests a significant discrepancy in how different generations view the degree, with more than double the proportion of Gen Z hiring managers—29% in total—suggesting it leads to stronger performance, compared with just 13% of Boomers. 'As Baby Boomers age out of the workforce, it suggests that the proportion of hiring managers who value master's degrees is growing,' Soto says.
CNBC
a day ago
- Business
- CNBC
Having a master's degree doesn't make you a better worker, say hiring managers—but you'll still get paid more
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. Of those hiring managers, 64% would offer a 10% salary increase, 20% would offer a 15% increase, and 23% would offer a 20% or higher salary increase. So why does a master's degree still command a higher salary? "I think we're in a transition where the symbolic value of degrees still affects salary decisions, even if employers don't actually think the performance of master's degree holders matched the credentials," says Eva Chan, senior PR expert at Resume Genius. According to Chan, having a master's degree is often perceived as a sign of potential by hiring managers. "Even if it doesn't guarantee better performance, it can show that you're very driven, you're disciplined, you're committed, and that you've given your time, money and effort into accomplishing a goal," she says. However, she says, the survey results demonstrated that "more and more employers are realizing experience can show a lot of these same qualities." Skills-based hiring has become increasingly common: JP Morgan Chase has eliminated degree requirements for most jobs at the bank, prioritizing work experience over credentials. Walmart is also moving towards skills-based hiring for their corporate roles by adjusting job descriptions to "factor in the skills people possess, alongside any degrees they hold." Chan says that she and her team were surprised to find that Gen Z hiring managers were twice as likely as Boomer hiring managers to perceive master's degree holders as stronger performers. In her view, this could be because Gen Z may be more familiar with the school system than the workplace. "Some younger managers may still be fresh from school, or they just finished their degree so it's fresh in their minds," she says. "Maybe they view advanced degrees as more relevant or even aspirational." Around 25 million American adults hold master's degrees, according to statistics from the Education Data Initiative, and the number of people pursuing a master's degree doubled between 2000 and 2019. In addition to higher salaries, having a master's degree can provide several potential benefits for employees, such as opportunities career advancement. However, those boosts come at a hefty price: on average, getting a master's degree costs more than $62,000, and the average federal loan debt balance for graduate students is over $94,000. According to Chan, whether or not a master's degree will help your career depends on your individual situation. Having a master's degree can be helpful in professions like education and urban planning that are "heavily tied to pay scales, promotions or credentials," Chan says. However, for fast-moving industries such as tech, media and marketing, prioritizing real-world experience may be a better choice.
Forbes
2 days ago
- Business
- Forbes
10 New-Collar Jobs Paying $100,000+ Without A Degree In 2025
New-collar jobs offer six-figure salaries without a college degree. The traditional pathway to a six-figure salary through a four-year college degree isn't the only route to financial success. A growing category of new-collar jobs, roles that prioritize skills and practical experience over formal education, offer lucrative career opportunities for professionals willing to develop in-demand skills through training. These positions demonstrate that expertise gained through certifications, apprenticeships and hands-on experience can be just as valuable as a bachelor's degree in securing high-paying employment. The demand for skilled workers is urgent and growing. "There are more than 500,000 technology jobs open right now in the U.S., and it is becoming more difficult for organizations to find candidates with the right skills to fill them," said Kelli Jordan, IBM's talent leader for New Collar Initiatives. "Schools are just not producing the number of students that we need to fill those roles. While IT work often requires very specific skills and knowledge, many roles do not require a four-year degree." Based on research from Resume Genius, here are 10 new-collar jobs that offer median annual salaries exceeding $100,000, along with tips on how to break into these roles. Driving business growth through strategic campaigns, marketing managers orchestrate initiatives that establish connections between companies and their target audiences. Beyond overseeing budgets and managing creative teams, they develop data-driven strategies across digital platforms while continuously analyzing performance metrics to optimize results and maximize ROI. HR managers oversee a wide range of responsibilities, including talent acquisition, employee development and implementing workplace policies. These strategic business partners navigate complex employment regulations while designing compensation structures and creating programs that boost employee engagement and retention across diverse teams. These leaders set performance targets, coach team members and develop strategies that drive business growth while analyzing market trends and managing client relationships. Success in this role demands balancing individual contributor expertise with the leadership skills needed to motivate and guide sales teams toward achieving ambitious company objectives. Behind every digital communication system lies the expertise of network architects who design and implement technological infrastructure that enables organizations to share data effectively. From planning network layouts to evaluating hardware requirements, they ensure systems can handle both current demands and future growth while maintaining robust security standards, representing a prime example of new-collar jobs that prioritize technical expertise over formal education. Organizational efficiency flows from the strategic oversight provided by general and operations managers. These versatile leaders coordinate resources across multiple departments, make critical decisions about resource allocation and identify opportunities for operational improvements while maintaining focus on both immediate performance goals and long-term organizational objectives. In an era of escalating cyber threats, security analysts serve as digital guardians who protect organizational assets by identifying vulnerabilities and implementing comprehensive security protocols. These professionals monitor network activity, investigate security incidents and develop policies that prevent cyberattacks while ensuring business operations continue without disruption, making cybersecurity one of the fastest-growing new-collar jobs in technology. Technical expertise meets customer relations in the role of sales engineers who bridge the gap between complex products and customer needs. Working closely with sales teams and clients throughout lengthy buying processes, these professionals excel at explaining technical specifications, demonstrating product capabilities and addressing implementation concerns while translating complex information into clear business benefits. Health services managers handle operational complexities while maintaining compliance with ever-changing healthcare regulations. From coordinating departmental schedules to managing administrative staff, these professionals implement systems that support quality patient care while controlling costs and understanding both healthcare delivery and business management principles. Art directors establish visual direction for projects while managing design teams and ensuring deliverables align with client objectives and brand standards. These creative leaders oversee campaigns across various media platforms, provide strategic guidance to designers and collaborate with clients to translate abstract concepts into compelling visual communications that resonate with target audiences. From blueprint to completion, construction managers orchestrate building projects by coordinating timelines, budgets and safety protocols while ensuring that all work meets quality standards. These project leaders manage complex relationships with contractors, suppliers and regulatory agencies while solving problems that inevitably arise during the construction process. Research from Harvard Business School and Accenture shows that companies removing unnecessary degree requirements saw no decrease in productivity when hiring workers without college degrees. For professionals considering new-collar jobs, the key lies in developing relevant skills through alternative learning methods and demonstrating your capabilities through practical application. Whether through industry certifications, apprenticeship programs or progressive work experience, you can build the expertise necessary to compete for these high-paying positions while avoiding the time and financial investment required for traditional four-year degrees.
Yahoo
5 days ago
- Business
- Yahoo
From $150K Tech Salary To DoorDash: Software Engineer Applies To 800 Jobs And Gets Rejected By AI
Shawn K, a 42-year-old software engineer with two decades of experience and a computer science degree, is no stranger to tech layoffs. He's been through the downturns of 2008 and the COVID-19 pandemic and bounced back each time. But after losing his job last April, he found himself shut out of the industry — not by people, but by algorithms. As Fortune reports, Shawn's job at a metaverse-focused company disappeared as the industry pivoted toward AI. Despite sending out more than 800 job applications, he's landed fewer than 10 interviews — some conducted entirely by artificial intelligence. "I feel super invisible," Shawn told Fortune. "I feel unseen. I feel like I'm filtered out before a human is even in the chain." Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Shawn's experience reflects a broader shift in hiring practices. According to a Resume Genius survey, 48% of hiring managers now use AI to screen resumes, and 30% even use it to conduct AI-assisted interviews. Among Gen Z hiring managers, more than half say they screen resumes with AI before looking at applications themselves. That shift creates a new barrier for job seekers. Harvard Business Review notes that many companies now use AI-powered applicant tracking systems like Workday and Oracle HCM to scan for keywords and rank candidates by fit. Resumes that don't contain specific language from the job posting may never be seen. Shawn has had to adjust his lifestyle drastically. He now lives in a small RV trailer in central New York and makes deliveries for DoorDash. He supplements this income by selling items on eBay, but it adds up to only a fraction of his previous $150,000 salary. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — He told Fortune that he considered going back to school for a technical certificate or commercial truck driving license, but the cost made both options unattainable. While his financial situation is uncertain, Shawn still considers himself an "AI maximalist." He doesn't resent AI for doing his job better, if that's what is happening. But what does frustrate him, he says, is how companies are choosing to cut talent rather than amplify it. "I think there's this problem where people are stuck in the old world business mindset of, well, if I can do the same work that 10 developers were doing with one developer, let's just cut the developer team instead of saying, oh, well, we've got a 10 developer team, let's do 1,000x the work that we were doing before," he said to 2024, more than 150,000 tech workers lost their jobs, and that trend has continued into 2025 with another 60,000 layoffs so far, according to Anthropic CEO Dario Amodei recently told the Council on Foreign Relations that AI will be writing 90% of code by September — and may soon handle nearly all of it. For engineers like Shawn, the shift is not a distant threat but a present challenge. Shawn calls it "The Great Displacement." He believes his experience is a preview of what's coming for many other professions. "It's coming for basically everyone in due time," he wrote on his Substack. Experts suggest that job seekers prepare by identifying tasks AI can't easily replicate — like those involving empathy, persuasion, or creativity. As HBR notes, creating a resume that highlights "AI-resistant" capabilities is one key to navigating this new job market. At the same time, many hiring managers are also looking for employees with skills in AI that can help propel their businesses forward. Read Next: The team behind $6B+ in licensing deals is now building the next billion-dollar IP empire — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article From $150K Tech Salary To DoorDash: Software Engineer Applies To 800 Jobs And Gets Rejected By AI originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Forbes
15-05-2025
- Business
- Forbes
Highest-Paying Green Jobs In 2025 Earning As Much As $165K
Discover the most lucrative green jobs that offer competitive salaries while contributing to ... More environmental sustainability efforts. Summer is just around the corner, and you may have noticed, depending on where you live, that your environment is turning greener. And speaking of summer and green, summer quick cash side hustles are available here. Eco-friendly green jobs also are becoming more and more popular, and they are offering lucrative salaries in six figures. The Resume Genius 2025 Highest-Paying Green Jobs Report has been updated from last year, with a new list of the 10 green jobs that offer competitive salaries while contributing to environmental sustainability efforts. Researchers at Resume Genius sought to identify the 10 best-paying green occupations, growing at a higher-than-average rate and expected to grow over the next decade. They sourced the latest U.S. Bureau of Labor Statistics' median annual earnings and O*NET's Green Occupation's database. They then conducted an in-depth analysis and selection of jobs that are growing at a higher-than-average rate. For each of the 10 green occupations showcased here, the researchers included the latest 2023 median annual earnings, estimated job growth through 2033 and education requirements. Each entry is ranked from highest-to-lowest salary, although all ten yield six figure incomes. ($165,370), six percent estimated job growth, Bachelor's degree. ($157,740), eight percent estimated job growth, Bachelor's degree. (156,580), eight percent estimated job growth, Bachelor's degree. ($130,720), six percent job growth, Bachelor's degree. ($130,160), 17% estimated job growth, Bachelor's degree. ($116,970), three percent estimated job growth, Bachelor's degree. ($112,100), 10% estimated job growth, Bachelor's degree. ($109,010), nine percent estimated job growth, Bachelor's degree. ($104,900), nine percent estimated job growth, Bachelor's degree. ($103,690), five percent estimated job growth, Bachelor's degree. The Resume Genius researchers note that engineering, marketing and tech roles continue to top the list of six-figure salaries. They include four tips on how to secure positions in the green economy, as well as an analysis of trends in green jobs and green skills based on reports from LinkedIn and the World Economic Forum. You probably notice that all of the jobs on the list require at least a bachelor's degree, but do not require a specific degree or certification to enter the green job sector. Still, the experts at Resume Genius point out that having one can significantly enhance your qualifications and improve your chances of landing a job. As an example, they say that obtaining a Bachelor's or Master's in Environmental Science can greatly enhance your job prospects. If you have already have earned a degree or are making a career transition, professional certifications like the Certified Environmental Professional (CEP) or LEED Green Associate can demonstrate specialized knowledge and commitment to the field and help you build a qualified profile in the growing sustainability sector. The researchers cite the 2024 LinkedIn Global Green Skills Report that shows a sharp increase in demand for green skills, with 23.1% of job postings requiring them. However, they indicate that the supply of qualified candidates hasn't kept up. Instead, the demand for green talent is increasing twice as fast as the supply. They advise that to adapt to these job market changes, you should develop a combination of hard skills tied to their specific sustainable field, as well as transferable soft skills like analytical thinking, leadership and communication. 'Networking can lead to meeting more like-minded professionals, gaining access to valuable learning opportunities, and potentially even securing a green job,' the experts advise. 'Effective ways to network include joining professional associations, attending industry workshops and conferences and interacting with local green businesses.' They add that participating in online communities focused on green initiatives such as BSR, and Work on Climate can further support your career development in the sustainability industry. Resume Genius Career Expert Eva Chan recommends engaging with online communities focused on sustainable careers. 'Sustainability is a fast-growing field and many opportunities are emerging through communities of like-minded individuals,' she suggests. "For the best career growth, green upskilling is a must, and staying connected with others ensures you're always in the loop about the latest trends and new job possibilities." The researchers mention that platforms like LinkedIn, Facebook, Instagram and X are great for learning about companies working in sustainability, as well as discovering job openings and making professional connections. To effectively use social media for job hunting, they suggest that you customize your profile with relevant keywords and hashtags such as #greenjobs, follow companies offering green jobs and engage with content in their desired career field by commenting and re-posting. They recommend that you connect with other employees and participate in climate-focused initiatives to boost your visibility and increase your chances of getting a job through employee referrals and professional networking. Nathan Soto, a career expert at Resume Genius, summarizes the 2025 report. 'Climate change remains a pressing global issue with significant implications across many career fields,' he explains. 'Companies and governments have set ambitious sustainability goals, which has created a huge need for workers with green skills.' He acknowledges that the green skill gap is accelerating. If you're looking for secure growth opportunities and some of the highest-paying green jobs,, you have the chance to up-skill and enter lucrative positions in various fields focused on creating a green future.
