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By Chico Mies
If you find yourself at a stage in your professional journey where you acknowledge the importance of enhancing your skills, aspire to increase your earnings, and seek a career with significant potential, it is essential to explore high-income skills.
High-income skills refer to specialized abilities that you can acquire, which offer substantial value to employers in traditional employment settings and to corporate clients in freelance capacities. These skills are sought after on a global scale and can be seamlessly applied across various industries, contributing to their unique appeal.
One of the primary reasons high-income skills are particularly attractive to acquire is that they can often be learned and cultivated online, from the comfort of one's home, and typically do not require a formal degree. Currently, numerous accessible pathways exist for mastering these skills, including certificates, workshops, boot camps, and various training programs, which have gained popularity through distance learning and career development platforms like Coursera, Udemy, and LinkedIn Learning.
Although numerous high-income skills are available, three in particular emerge this year as possessing remarkable potential.
1. Artificial Intelligence (AI)
AI is a talent that is absolutely necessary to learn this year, if there ever was one. The University of Oxford claims that you can increase your income by as much as 40% with artificial intelligence. Learning generative AI abilities can result in a 40% pay increase, according to the Indeed job website, making it a profitable skill to have in 2024. Employers are demonstrating how highly they value AI expertise by attempting to incorporate it into their workflows and processes.
Free resources for acquiring AI skills include:
- AI for Everyone, offered by DeepLearning.
- Introduction to Generative AI provided by Google Cloud.
- Generative AI with Large Language Models available through AWS on Coursera
2. Data Analysis
Data analytics is the next topic. According to Springboard's State of the Workforce Abilities Gap 2024 report, organisations are most in need of data analysis abilities, followed by project management skills.
Given that both are required for the deployment of AI, there is an intriguing overlap between data analytical and AI skills. In as little as six months, you may master data science and analysis skills for free online through platforms like Coursera. Data science professionals may expect to earn up to $150,000 a year, based on salary analyses conducted on Glassdoor and Salary.com.
Given that both are required for the deployment of AI, there is an intriguing overlap between data analytical and AI skills. In as little as six months, you may master data science and analysis skills for free online through platforms like Coursera. Data science professionals may expect to earn up to $150,000 a year, based on salary analyses conducted on Glassdoor and Salary.com.
The following programs are available for free learning opportunities:
- Google Data Analytics Professional
- Certificate Harvard's Data Science
- Professional Certificate AWS Data Analytics.
3. Strategic/Critical Thinking Skills
High-income skills are often associated with specific technical abilities, such as those previously mentioned. However, advancing in your career and achieving substantial financial success also requires the development of soft skills.
According to the same Springboard report, strategic and critical thinking skills, categorized as soft skills, are currently in high demand among employers.
According to the same Springboard report, strategic and critical thinking skills, categorized as soft skills, are currently in high demand among employers.
More than half of the 510 business leaders surveyed indicated that their teams are deficient in these areas. Possessing strong strategic thinking capabilities can significantly enhance your career prospects, distinguishing you as a leader in your field.
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