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The more educated you are, the more you'll earn – SCB’s EIC

The more educated you are, the more you'll earn – SCB’s EIC

13 Sept 20:00 Key points summarised by AI
  • SCB’s EIC research confirms a direct correlation between higher education levels and increased salaries, with advanced degrees fetching significantly more income.
  • Academic performance, specifically a higher GPA, positively impacts initial earnings, with top-performing graduates earning more for at least 10 years.
  • Strategic job changes, up to three times in two years, can substantially boost salaries by 20-40% compared to starting pay.
  • Conversely, overly frequent job changes (four or more times in two years) result in diminishing returns, leading to only about a 10% salary increase.
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