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Learning a foreign language will increase your income! Top 5 foreign languages ​​with higher salaries

The benefits of learning a foreign language are many.

One of them is increasing your income. As the global expansion of Japanese companies accelerates, there are more than a few cases where being able to speak a foreign language expands the range of jobs, entrusts you with more responsible positions and roles, and increases your annual income.

The move is similar in the United States, where English is the official language. Learning a foreign language other than English will not only help you get a great job, but it will also increase your income. A survey conducted by careerbuilder CareerBuilder found that 39% of American employers would like to hire bilinguals. Furthermore, about half of the companies said they would prioritize hiring bilinguals if there were candidates with similar skills. “THE MORE YOU LEARN, THE MORE YOU EARN.”

This is a quote by American investor Warren Buffett, and it seems to be true that people who learn a new language earn more.

■ more income

According to EuroLondon, a job information site specializing in languages, learning a foreign language increases income by 10-15%. Learning a foreign language can be a wise investment for anyone.

For example, if your annual income is $45,000 (about 5 million yen), a 2% "language bonus" for 40 years will make more You'll make $67,000 more (about 7.3 million yen).

Additionally, depending on which language you learn, your bonus increases will vary. (Surveyed by The Economist, British newspaper)

Spanish— 1.5% bonus increase French — 2.3% bonus increase German — 3.8% bonus increase

■ The range of work expands

According to the U.S. Bureau of Labor Statistics, interpreters and translators are among the top five fastest growing jobs today. Moreover, it is predicted that business opportunities will increase by 46% over the decade from 2012 to 2022. For example, in the case of US soldiers, it is said that a soldier who can speak a language other than English will get a monthly salary increase of about 100,000 yen.

■ Top 5 foreign languages ​​with higher salaries (other than English)

Let's take a look at the top five foreign languages ​​with higher salaries.

Continue reading this article

【1】 German As I mentioned earlier, the foreign language with the highest annual income is German. In total, it is said to add 125,000 euros. Many people may think that Mandarin (Chinese), Japanese, and Spanish, which are languages ​​of countries with higher GDP than Germany, will lead to higher incomes, but German is a special case. Germany is one of the central countries of Europe. Germany is currently leading the EU economically, so it is more worth learning as a language than China or Japan, which alone have high GDP. [2] French There are 200 million French speakers in the world. It is a language spoken on five different continents. French is often misunderstood as a language used only in France, but it is the second most widely used language in the world after English. Learning French will not only help you get a job at a French company in France, but it will also help you to work in French-speaking countries such as Canada, Switzerland, Belgium and North Africa. Furthermore, France is the world's fifth largest economic market and the world's third largest destination for foreign investment. For students wishing to pursue a master's degree or an MBA, being able to speak French is a huge advantage. Renowned French universities and business schools are highly ranked not only in Europe but also in the world. French-speaking students are eligible for scholarships, which can provide tens of thousands of dollars. [3] Spanish In recent decades, being a Spanish speaker was an advantage for job seekers, but in recent years it has become a requirement. It is often chosen as a second foreign language in the United States and Europe, and is an official language on four continents of the world. No matter what industry you are in, someone who can speak Spanish at work will have an advantage. In addition to the large number of Spanish-speaking countries such as Mexico, Chile and Colombia, these countries are now experiencing increasing economic growth. Furthermore, since it is the easiest language for English speakers, it will be the easiest foreign language for those who can speak English. [4] Mandarin Chinese China's economic growth rate is tremendous. Its influence is worldwide, from Africa to America. For those who want to start a business, China is a treasure trove of opportunities. You can target more than 1 billion people with your business. According to Ascentator, a London-based talent scouting firm, job openings for managers at US and multinational companies in China have increased by 35% year-on-year. This trend is also seen in other recruitment agencies. [5] Arabic The Arab world is known as the richest region in the world, with a GDP of $600 billion. In just five years from 2003 to 2008, the size of the Middle East economy increased by 120%. Given the abundance of market opportunities in the Middle East, Arabic speakers are in high demand, but supply is very low. Arabic speakers have more opportunities for international careers in various fields such as education, finance, media and foreign trade. Conclusion Since the referenced article is information for English speakers, it goes without saying that for Japanese people, learning English first is a shortcut to increasing their income. If you are Japanese and can speak English, you are already bilingual. In addition to this, the five foreign languages ​​listed above are ideal.

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