Want to increase your earning potential?
If youre thinking of asking for a raise, you better show your employer why you deserve one.
One of the best ways of achieving that is by gaining new skills or refining your existing ones.
New skills can make you more competitive and valuable to your boss.
When it comes to upskilling, you dont necessarily need to go back to school.
You just need to commit one or two hours per day to learning them.
Is Your Paycheck Not Going As Far As It Used To?
We get it.Everythingis more expensive than it used to be, but your paycheck hasnt kept up.
When money is tight,these resourceswill help nearly everyone.
In-Demand Skills to Increase Your Earning Potential
Almost any industry can be susceptible to layoffs.
They also can negotiate higher salaries because companies cant afford to lose them.
This section will cover some of the skills you oughta learn to increase your earning potential in 2024.
Learn People Management Skills
Climbing the ranks into a leadership position requires more than just technical skills.
Successful managers and supervisors also have leadership and people management skills.
That can lead to new responsibilities at your workplace.
And in most cases, more responsibilities come with better pay.
This certificate can equip you with skills such as:
Duration:Three to six months.
Where to Learn:
Business Communications
Effective business communication is important for almost any company.
At an external level, it allows for better communication of the brands value to its customers.
Without the right skills, a business will struggle to reach these goals.
This is why good business communicators are invaluable assets.
It benefits anyone looking to enhance their written, verbal and digital communication skills.
Its also recommended if youre thinking of venturing into leadership positions or working with a team.
So a short digital marketing course can get you ahead in many ways.
A digital marketing and e-commerce certificate is an in-demand program that can improve your digital marketing knowledge.
This certificate suits you if youre working in sales or marketing.
Digital marketing is broad.
Ready to find out how some folks effortlessly earn the big bucks?
Millions of Americans ignorethese easy tipsthat could have you padding your wallet in no time.
Product Management Skills
Product managers oversee the development of a companys products.
So they guide the teams that develop and implement a product.
It can also help you understand how to track a products performance after its launch.
A bookkeeping certificate isnt just for accountants or people in the finance industry.
It could benefit project managers, business managers, administrators, etc.
A bookkeeping certification will help you learn orrefine your accounting skillsby equipping you with modern bookkeeping knowledge.
It offers more than 40 certifications across different fields, from commerce and IT to administration and consulting.
The industrys popular Salesforce certifications include Salesforce administrator, marketer, designer, architect, developer and consultant.
Salesforce offers in-depth knowledge and hands-on experience, making the credential proof of expertise that employers consider.
Duration:Depends on the certification level.
But its important to do your research and not jump into it blindly.
The idea is to learn a skill thats in demand in your industry and valuable to employers.
But how do you know which skills are in demand?
Swipe Like a Millionaire No Gold Card Required
Ever wondered how millionaires get to be… millionaires?
So we looked into it.
What we found aresimple, millionaire-approved tipsthat anyone can use to manage their money.
First, make note of how your certifications will benefit your employer.
Exactly how have your new skills upped your earning potential?
Second, research how much other companies are paying for your skillset.
You canuse Glassdoor and Indeedto compare salaries.
Finally, prepare all your talking points and book an appointment.
Ideally, you should negotiate for a raise in person.
But you might write an email or book a video call if you work remotely.
Remember to be flexible with your demands and show confidence.
New York contributor Kiara Taylor specializes in financial literacy and financial technology subjects.