The Importance of Being Bilingual in the Workforce
Did you know that there are over 60 million people who speak another language in the United States? The statics show that 1 out of 5 residents in the United States are bilingual or speak another language other than English. Those who are already fluent have a significant advantage in this competitive job market in comparison to those who only speak English.
Here are five reasons why:
1.) Being fluent in another language will help you stand out amongst prospective employers in comparison to those without foreign language skills. Hence, you are more marketable. In today’s global economy, the ability to communicate is crucial in order to make business deals, transactions, and connections worldwide. As more companies expand internationally, speaking a foreign language has become an asset and quality desired by many employers.
2.) Workers that are bilingual have higher salaries in comparison to their monolingual coworkers. Research that has been conducted by Rosetta Stone found that people who speak at least one foreign language have an average annual household income that’s $10,000 higher than the household income of those who only speak English. And about 17 percent of those who speak at least one foreign language earn more than $100,000 a year.
3.) The need for bilingual workers will increase over the next ten years. As the foreign population continues to grow, and as the job market becomes more competitive, learning another language will almost be necessary. Spanish is the primary language spoken at home by 38.3 million people. This is figure that has doubled since 1990. This figure will only continue to grow at a more rapid rate. Bilingual Spanish speakers greatly appeal to domestic and international employers.
4.) If you want your business to expand internationally, it is essential to not only understand and know other countries’ culture and customs, but to be able to speak to your international clients and partners with mutual understanding. To maximize your potential in today’s global economy, you have to know and understand how the international business market works. Knowing a second language is crucial in accomplishing all these requirements needed in order to be successful in the international market.
5.) The more languages you know, the more potential clients you will have domestically and internationally. Not only will you be able to attract English speaking clients, but you will also attract a vast array of foreign speaking clients. Not only will they want your services, but they will respect you and appreciate your ability to speak a foreign language, which will lead to more referrals.