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Human capital at work: The value of experience | McKinsey

By KESLS RAM
Human capital at work: The value of experience | McKinsey

about half of what people earn during their lifetime is associated with the skills they gain through work. That's a huge number. A lot of previous research has focused on the value of education, qualifications, and credentials as you enter the workplace. Those are important, but the decisions you make regarding the roles, the jobs, and the skills that you acquire through your work life will drive your earnings. That's even more true for people who don't enter the workforce with top credentials. For example, for tile setters or counter workers in the US, the value of the skills they develop at work is more like 65% to 75% of lifetime earnings.

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