Written by Kelly Koermer
In today’s job market, where the unemployment rate is low and employers are struggling to find qualified employees, the value of a degree or workforce credential is more significant than ever.
These qualifications, sometimes referred to as credentials of value, not only benefit employees by enhancing their skills and career prospects but also improve their effectiveness in business dealings. In some instances, the knowledge represented by a degree is essential for the job. However, in other instances, the mastered skills represented by an industry recognized credential are more important. Overall, the credential is valuable because it demonstrates competency mastery.
Employers tend to favor candidates with formal education and training, viewing them as more qualified and capable because they have the knowledge, skills and abilities for the job. For instance, a degree in computer science equips an individual with programming skills and an understanding of software development, which are essential in the tech industry. Similarly, an industry certification in project management enables an individual to employ tools and methodologies that improve efficiency and effectiveness in managing projects. This specialized knowledge makes employees more competent and confident in their roles.
In terms of business dealings and performance, employees with workforce credentials bring enhanced communication skills to the table. They are often better at professional writing and speaking, which are crucial in business settings. Effective communication is key to successful negotiations and building strong relationships with clients and coworkers. Additionally, educated employees tend to have superior problem-solving abilities. Their education equips them with analytical thinking skills, enabling them to tackle complex problems and make informed decisions.
Not only will credentials of value help someone get the job, but these qualifications often lead to higher earning potential and career advancement. According to various studies, individuals with higher education levels tend to earn significantly more over time than those without. Plus, those with formal credentials are better positioned for promotion. Beyond professional skills and career advancement, credentials of value also contribute to personal growth. They boost an individual’s confidence and self-esteem, because they have demonstrated to the world their competency by earning their credential. Furthermore, the process of obtaining these qualifications encourages lifelong learning and continuous personal and professional development.
In a labor market where qualified employees are in high demand, investing in education and training is a wise decision for both employees and employers.