subject: Do Bilingual Jobs Offer More Pay? [print this page] Statistics show that thirty-one percent of executives these days are bilingual. Now that more and more businesses are targeting international operations rather than localizing their scope, it has become more imperative for people in the industry to have a good grasp of at least one more language other than their own. In fact, even during the peak of the financial crisis when unemployment has reached an all-time low, those who were bilingual found it easier to get a job. Bilingual jobs generally pay higher than other jobs due to the fact that they are highly in demand.
The advent of the Internet has significantly raised the demand for these kinds of jobs. Increased migration to other countries has also made it imperative for those wishing to try their luck abroad to have a good grasp of the receiving country's language. Multinational companies pay significantly larger salaries than those that are locally based, making it important for those who wish to seek employment with these companies to learn another language. The reason why bilingual jobs pay higher than others is because there is a high demand for it but there are only a few people who are capable. If these people were to land other jobs, companies would be left without the necessary manpower to do the job properly, which is why incentives should be high.
From high executive positions to basic clerical positions, there are certainly a lot of opportunities for bilingual people. Even taking on a job as a translator can pay so much higher than other jobs that pretty much require the same level of expertise. Bilingual people will always have the edge over other employees because they are capable of handling international accounts. If a company did not invest on employees that have a good grasp of multiple languages, a lot of accounts can be lost due to the language barrier.
A good number of companies these days offer bilingual jobs. Having the necessary manpower to take on international accounts greatly reflect on the company's progress. A company that is able to understand a customer despite of the language he speaks will always have a competitive edge over other companies that only communicate in one language. Having bilingual employees can have a lot of positive impact on the company, as it shows that they are opening their doors to everyone, regardless of language.
Language is a very powerful business tool that should not be taken for granted. Language barriers can break a business, no matter how great the potential of the deal is. All companies recognize how great an asset bilingual employees are. It is for this reason, among others, that bilingual jobs pay higher than the average position. It is also because of this that more and more people are seeking mastery of other languages such as Spanish, Chinese, German, French and other such languages necessary for trade and international relations.
Regardless of the state of the economy, bilingual jobs will always be in demand and would therefore pay higher than others. This is especially true now, when businesses are branching out to other countries.
