Should I get an Master Degree to get paid more here?
11 replies (most recent on top)
First, to OP: If you do get a Masters' degree, get an MBA, which in turn better positions you to move up into management at a competent company that isn't Fiserv, or to start your own business (you know, so you no longer have to work for any soulless shizahole run by brainless amoral lizards - that is, for places like Fiserv).
Second, to @1gqc+1l345VBF : College isn't a scam if you majored in a STEM degree. College is a scam if you majored in some underwater basket-weaving ideological degree like "media studies" or some similar claptrap. Learn the difference, please.
You couldn't have done your job "right out of high school", since a bare high school graduate typically has zero experience in how to keep infrastructure running, and is guaranteed to break nearly everything he touches until he does learn. If you were an actual competent sysadmin, you would have known that.
College is a scam. I could have done my current job right out of high school (systems administrator)
The info in here isn't exactly accurate. You "sign" a 12 month agreement with the company for every term you complete. They do not ask for anything further back than 12 months that's been paid out. If you are doing a compressed 12 month degree, then yes, you'd owe it all. If you are doing a 2-3 year program then you only owe what's been paid in the most recent 12 months.
Also, the fine print of the agreement says that they will withhold any tuition paid that you have to pay back from your last check. They'll ask you for the remaining balance of the 12 months, and they could try to take you to court for it I suppose, but I highly doubt they'd ever do that. Not worth their effort. They will, however, put you on a list that may make you ineligible for rehire. I personally would never go back so I dont care about that but others might I suppose.
If Fiserv pays for it you will be required to stay for 2 years after you graduate otherwise you’ll have to repay the cost of your tuition. So add that to the 1.5- - 2 years for the program and you’re looking at close to another 4 years there. Also, the degree won’t get you a Fiserv raise but it might help you land a better job in 4 years. Bottom line: if you want to make more now then leave.
Don’t count on a single penny
The most likely way to get paid more is to find a new job, asking for a 10-20% increase over your existing pay will get you laughed at at your existing company but is entirely feasible to negotiate when hired somewhere new. A masters degree may or may not help you stand out against other candidates when interviewing, but no it’s not going to increase your pay in your existing job
You won’t get paid more. Find another place.
Don't you have to stay a certain period of time to get your tuition covered?
How long you stay is not up to you.
The cyber-security CIISP degree is the gold plate industry standard. And yet I saw one employee with that cert be sent packing. A degree looks good on the resume and framed but these days it means zip on job retention. Don't bank on it, or anything, at Fiserv.
mater is useless, get phd
Unless you're having Fiserv pay for it and then going somewhere else then don't bother. They don't care about what degrees or licenses you receive while working there. For example you get a CPA license they will tell you good job and that's it... get the education and leave.