Business Ideas
August 15, 2024

Master High-Income Skills: Worthwhile Learning for Financial Success

Workplace and technical skills prove to be a pre-requisite for almost every job in the world. You might have gained these skills from what you have studied or your past work experience. 

According to a report from McKinsey & Company, high-income skills are the expertise required to change jobs and even industries easily. Moreover, these skills are highly valued by employers. 

Not only are these skills rare but they are equally important when it comes to running a business successfully.

There are some high-income skills worth learning that would help you land the job of your choice and even set you up for a path with enormous career opportunities.

Let’s have a look at some of the best high-income skills worth learning in 2023.

 high-income skills worth learning

Best High-Income Skills Worth Learning

Best High-Income Skills Worth Learning

Here are some of the most valued and sought-after high-income skills worth learning that help you effectively enhance your potential.

1. Data Analysis

One of the high-income skills in demand is data analysis.

According to the Future of Jobs Report by the World Economic Forum, the most demanded skills in the market today are analytical thinking and innovation. 

In today's world, data-driven decision-making is becoming essential, which in turn creates a growing need for professionals who can gather, understand, and communicate data to address business challenges.

This is what Data Analysis is all about.

To simplify it, as a data analyst, your job would be to identify, collect, clean, analyze, and interpret data to analyze it to make decisions that are backed by data-driven insights. 

Several different tools are used by data analysts including:

  • Microsoft Excel
  • SQL
  • Google Sheets
  • Python or R
  • Statistical Analysis System (SAS)
  • Microsoft Power BI
  • Tableau

As of December 2021, the average income for a data analyst was around $69,517 in the United States. 

In Pakistan, a data analyst may earn up to PKR 180,000 per month with an average salary of PKR 70,000/per month, according to the stats provided by Glassdoor. 

To become a data analyst, you can go for an undergraduate degree in data analysis, opt for professional certification, or even rely on self-study.

2. Software Development

Another high-income skill in demand is software development.

It is another high-income skill that is in great demand in today’s world of unceasing technological advancements. 

Businesses aim to leverage software technologies to utilize and reach the maximum potential of their business. 

Software developers are individuals who design and develop software for different computers and applications. 

They are involved in building, monitoring, and controlling a business’ technology.

If you are someone who has great analytical skills and loves to take on challenges that are based on problem-solving, then a career in software development may be the right choice for you.

Through your job, you can make technology easier for those around you and even turn your own ideas into reality by designing different apps and software. 

The estimated total pay for software engineers in Pakistan is PKR 240,000 per month, with an average salary of PKR 120,000 per month according to Glassdoor findings. 

3. User Experience

A high-income skill worth learning is user experience.

User experience is basically the way users interact with your product. 

Individuals working in user experience need to make sure they leverage the right technologies to enhance the experience users have with their products.

For this purpose, they may carry out market research, design a product, or help sell it by providing demonstrations of its features.

Surely, there is some data involved in the user experience but this field provides more liberty to individuals to showcase their creativity. 

So if you are a people person who has the ability to find creative solutions to unique customer problems, then user experience is the right career for you.

This job requires more soft skills as compared to hard ones. These include:

  • Critical Thinking
  • Problem-Solving
  • Storytelling
  • Presentation skills
  • Communication skills
  • An eye for design and aesthetics

The estimated total pay for user experience professionals in Pakistan is PKR 145,000 per month, with an average salary of PKR 64,000 per month according to Glassdoor findings. 

4. Web Development

Web Development

When it comes to web development, two main aspects need to be considered:

  • Software development
  • User experience

So basically web development takes the technical factor of custom software development and the design and aesthetics of user experience.

If you are going for web development, it is also important to have a grasp of search engine optimization techniques as technical SEO is crucial to design websites that meet unique and specific business needs.

The average salary for a web developer in Pakistan is PKR 422208 as of 2023.

5. Project Management

One of the best high-income skills worth learning is project management. 

There are many organizations worldwide that have different people from different teams working on one product or project.

So the person who is managing the operations of those people working on a single project is known as the project manager. 

The person who is managing the cross-functional team is skilled in project management. 

These members may have the following tasks or responsibilities:

  • Keeping the project on schedule
  • Managing the budget
  • Communicating with everyone who has a stake in the project.

You can also consider project management as an umbrella term that covers everything from leadership to planning schedules and managing and delegating resources.

While these skills are something you can acquire being a part of different jobs with varying responsibilities, you can also solely focus on a career in project management.

The estimated total pay for project management in Pakistan is PKR 350,000 per month, with an average salary of PKR 150,000 per month according to Glassdoor findings. 

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Start Your Reselling Business With Markaz Today

If you are someone who is looking for ways to generate a lucrative side income, then you are at the right place.

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Let’s have a look at all the reasons why you should start reselling with Markaz:

1. No Initial Investment

Markaz allows you to generate a promising income without having to make any upfront investments.

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With no initial investment, you can earn up to PKR 45,000 with us.

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Spread across 90 cities, Markaz is one of the fastest-growing communities in the country with over 2 million downloads and 100,000 plus products.

3. High Quality At Economical Rates

If there is one thing that we are determined to provide to our customers, it is high-quality products. 

The products that we source at wholesale prices are from some of the best suppliers and manufacturers. 

4. Smooth Earning Process

The profits you would want to generate as a reseller are all in your hands. At Markaz, you get to decide the markup you want to set for your products as well as the channels you would want to work on.

Moreover, the rate at which we transfer your payments to you is the quickest.

5. Timely Delivery At Your Customers' Doorsteps

From listing the wholesale products on the app to delivering them to the customers' doorsteps and sending the profits back to the reseller, Markaz takes care of it all. 

All you have to do is promote the products in your social circles and through different social media channels such as Instagram, Whatsapp, TikTok, and Facebook.

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