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CBS News

Looking for a pay bump? A "nondegree credential" can help.

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Looking for a pay bump? A "nondegree credential" can help.
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U.S. Census Bureau research suggests workers can often boost earnings without switching jobs or earning a traditional college degree by using nondegree credentials (NDCs), including professional certifications and licenses. The data shows that NDC holders earned a median 16% more than workers at the same level who lacked such credentials. Stacie Haller, chief career adviser at ResumeBuilder.com, said some employers are dropping degree requirements and that NDCs signal specific skills that can set candidates apart. NDCs can include technical-school certificates and exam-based certifications that typically expire and require renewal, ranging from food service to healthcare. The article notes about 40% of healthcare support, food service, and construction/repair workers hold NDCs.

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