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How Language Skill Can Help Students Earn More Money

How Language Skill Can Help Students Earn More Money

Students come to us to learn a new language for many reasons, from easier travel to the ability to enjoy books and films from other cultures. But in addition to this, there are many strong financial reasons why it’s a good idea for them to study. In this article, we’ll introduce some of the ways being bilingual (or even trilingual!) can help learners in their professional lives, which should give them more motivation to study.

Valuable connections

Technology is making the world more and more connected all the time. These connections are not only happening between people, they are also happening between businesses. As more cultures connect and work with each other, people with the ability to speak more languages will naturally be more valuable to companies. Let’s take a closer look at the specific ways it can help.

More job opportunities

Bilingual professionals holding their résumés and waiting for a job interview

You can’t begin working until you’ve first found a job. Most people who search for jobs on the Internet probably only search in their native language. But what if you spoke another language as well? If you searched in that language, how many more jobs would you find?

One of the biggest benefits of being bilingual is that there are simply more jobs available. Additionally, if a job requires someone with skills in multiple languages, there will be less competition for it since fewer people are qualified to do them. So even before any work begins, language skill is a big advantage!

Also, don't forget that people who can speak foreign languages can find jobs in their home country as well as opportunities in a different part of the world. Working remotely has become more common in recent years, so students may even be able to work for a foreign company without needing to move from where they live now. This means more choices for jobs and more freedom in where they can be done.

A stronger résumé

A Human Resources employee looking through the résumés of bilingual candidates

One very important section of a résumé is the part that lists skills. Knowing how to write code or having experience leading a team can help candidates stand out from other people looking for jobs. Similarly, being “proficient,” or highly skilled, in another language is very attractive to companies and offers a big advantage over competitors.

If the company has international clients or partners, they will need people who can help communicate with them smoothly. But there's more: anyone learning a language is also learning about the culture it comes from. So being multilingual not only helps with things like translation and interpretation, it also means gaining cultural knowledge that can help companies market their products and services successfully in different parts of the world. 

Higher pay

An excited bilingual professional pumping her fists under a rain of dollar bills

Research says that professionals who speak additional languages earn a salary that is 10 to 15 percent higher than for people who speak only one language. The amount of extra money someone can earn will depend on the languages they can speak. You probably already know that English and Mandarin Chinese are important languages for international business. However, even though it is spoken by fewer people than languages like French and Spanish, German is also considered especially valuable because of Germany’s powerful economy among European nations. 

However, two is always better than one, so any additional language a student learns will help them earn more money.

Time to study

In addition to all of the points we’ve mentioned above, there are even more benefits. Learning new languages can help keep our brains healthier for longer and gives us a wider view of the world we all share. It can even help us to think more rationally and make better decisions about money and other areas of life. That's a lot of motivation to study, so students struggling to keep their momentum may be encouraged to continue by learning some of these interesting facts.