by Seb Murray, Business Because
Additional qualifications such as MBA and masters degrees may be the key to unlocking a pay rise and promotion. Nearly half of employers surveyed by the Open University say work-related qualifications gained through additional education are the number one reason they would offer a salary increase or a higher-level position. The OU, a distance learning specialist, polled 1,000 UK employers and 1,000 employees last year. Completing work-related training programs was the second most desired attribute among these employers when offering pay rises and promotions, flagged by 33% of poll respondents. In a fillip for the OU, gaining work-related knowledge through free online courses or by reading relevant books or articles was the third most common thing employers looked for when offering salary increases and career advancements.
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