How to boost earnings in your career?

3 big insights from a report by McKinsey (source at the end) on how to boost earnings in your career:

1. Your earnings depend more on your 'work experience' than your knowledge or attributes. Your work experience depends on the type of roles you get in your career. The 'bolder' the role, the better your experience and your chances to earn more.

2. A way to get bolder roles is to have access to a strong professional 'network'. Your current employer can also give you a chance to get into a bolder role, but only if they see future 'potential' in you.

3. One way to showcase your future potential is to demonstrate high proficiency on 'transferrable skills'. One such type of transferrable skills are the 'human' / 'power' skills that technology cannot automate: the ability to think, solve, communicate, collaborate and lead.

So to earn more, don't just grow your knowledge. Grow your network and improve your work experience by taking on a bolder role with more risk, while building / showcasing the skills that make you uniquely human!

Source: https://www.mckinsey.com/business-functions/people-and-organizational-performance/our-insights/human-capital-at-work-the-value-of-experience

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