An Online Business Marketing Degree provides many job prospects and a good income. In fact, this field can lead to the highest paying jobs with an online degree. Like all professions, your salary will depend on several factors. Of course, Federal and State Laws factors into salaries, as does the region of the country, even the state, that you live in. But you probably know these things and are more concerned with how your specific chosen job, the requirements of that job, and your degree will impact your salary. Let's take a look.
Job Requirements
A rule of thumb to remember is that jobs that require repetitive activities and little original thought to perform, pay less. Jobs that require creative thinking, or application of knowledge in unique ways, take more energy and qualifications and therefore earn higher wages. Additionally, the more responsibility, the higher the pay. Higher wage jobs might involve managing the work of others, or require higher levels of education or more experience.
Industry Differences
The industry for which you are a marketer will impact your salary. A marketing job in the computer science industry might pay more than a job performing the same activities for a non-profit charitable foundation.
Beyond the Paycheck
Don't forget that your total compensation is greater than your salary. While money is the most important compensation factor for most people, there is great value in other elements of compensation such as the following:
Show Me the Money
There are many sources available to help you determine the applicable wages in your region for marketing positions. Professional associations are perhaps the best sources for this information. Many associations conduct salary surveys nationwide or within their specific region. An internet search for an association in your region should point you to a good resource.
Below are samples of salaries for various job titles that benefit from an online business marketing degree within the United States as reported by salary.com. These should be used as guidelines since these are national averages and the variables described previously will have an impact.
$10,000 - 30,000
$30,000 - 50,000
$50,000 - 80,000
$80,000 - 100,000
Over $100,000
Thus, when it comes to making a living with your online business marketing degree, it can be wise to arm yourself with some knowledge on what jobs are available in your geographic region, what job duties interest you, and how much money you need to make to be satisfied with your career choice.
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