An associate’s degree is generally a two year program that can enhance your career and salary potential upon successful completion. There are a variety of associate programs, but those that complete a science program may have higher salaries than those that complete others. The type of degree may also determine what type of job you have as well as the industry that you work in. This all partially determines how much you earn.
There are a variety of associate’s degrees that you may acquire. Those with an Associate's degree in Nursing (AND) have a median salary of $57,500 according to PayScale.com. Those with an Associate of Science (AS) have a median salary of $48,900 while those with an Associate of Applied Science (AAS) have a median salary of $46,000. Those with an Associate of Arts (AA) have a median salary of $45,300 and those with an Associate of Business Administration (ABA) have a reported median salary of $42,300 as of May 2010.
Salaries for people with associate’s degrees vary much differ based on the type of job in which the person works. for example, those working as the Director of Nursing have a median salary of $68,900 while those working as registered nurses have a median salary of $53,000. According to PayScale, executive assistants ($45,300) generally earn more than office managers (median salary $38,300) and administrative assistants (median salary $34,000) as of May 2010. People with associate’s degrees may also work as executive chefs and have a median salary of $53,600.
No matter what degree you have, your level of experience may greatly affect your salary. According to PayScale, those with an associate’s degree and 20 plus years of an experience have a reported median salary of $58,400 while those with 10 to 19 years of experience have a median salary of $52,200 as of May 2010. those with an associate’s degree and less than a year of experience have a median salary of $35,700 whereas with a little more experience (one to four years), their median salary is $38,200.
People with associate's degrees work for several different types of employers. Those working for hospitals have some of the highest salaries with a reported median salary of $53,700. Those working in contract positions have higher salaries as well with a median of $52,700 as of May 2010. They also may work for the government. Those working for the federal government have a median salary of $50,600 while those who work for the state and local governments have a median salary of $45,000 according to PayScale.
There are a variety of industries that employ people with associate’s degrees. Those with a two year degree working in health care or home health care have some of the highest salaries with reported medians of $54,700 and $54,100 according to PayScale. Those working in manufacturing and distribution have a median salary of $49,600 while those working in banking have a median salary of $42,400. As of May 2010, those with an associate’s degree working in law firms have a median salary of $38,700.
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