HR Execs: Advanced Degrees Lead to Promotions, Higher Salaries

Dallas — Sept. 4

Human resources executives say that advanced academic degrees are important for employees looking to advance in their companies, according to a new survey by Academic Partnerships, or AP, a representative of public universities’ online learning.

The advantages of advanced degrees include upward mobility (89 percent), promotion (86 percent) and increase in salary (71 percent), according to the survey. However, these executives report that only half of their employees hold a bachelor’s degree and less than a third (30 percent) hold a master’s degree or higher.

The survey polled nearly 275 HR executives involved in making decisions regarding continuous learning initiatives within their companies.

Despite the somewhat challenging economic environment, companies are continuing to fund continuous learning in the workplace, with HR executives reporting that their tuition assistance budgets are stable (61 percent) or increasing (30 percent), the survey said. The vast majority (81 percent) of companies are funding all or some tuition for their employees.

Source: Academic Partnerships