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Which Medical Degree Jobs Pay the Most

Last Updated: August 30, 2024

Medicine is considered a noble profession globally and many students opt for different domains every year. Medical studies enable you to serve people directly by saving lives while being a well-paid professional simultaneously.

Medical professions are among the highest-paying careers with numerous options. You may choose to be a surgeon, anesthesiologist, nurse, pharmacist, veterinarian, radiation therapist, or any other – the choices are endless.

What’s better than choosing a profession of your interest that also pays well?

We have compiled the highest-paying medical degree jobs to make it easy for you to decide. Read till the end to not miss any important detail.

High-Paying Medical Degree Jobs

Job	Annual Salary
Anesthesiologist	$331,190
Surgeon and Physician	$206,800
Pediatrician	$198,420
Dentist	$163,220
Pharmacist	$128,500
Nurse Practitioner	$123,780
Physician Assistant	$121,500
Nurse Midwife	$114,210
Veterinarian	$117,000
Physical Therapist	$95,000
Speech Language Pathologist	$80,480

Anesthesiologist

Anesthesiologists are physicians and surgeons who specialize in administering anesthesia to patients during a medical procedure. They are also responsible for injecting pain-management analgesics into the patients. Administering anesthesia is not easy as it may seem. It requires in-depth knowledge of the subject and experience to ensure adequate insertion.

Being an anesthesiologist is one of the most demanded fields of specialization in medicine. Anesthesiologists typically work in operating rooms, hospitals, and outpatient surgery centers. BLS projecting also predicts a 15% career growth for anesthesiologists by 2026. They are believed to be among the highest-paying medical jobs.

How to Become an Anesthesiologist?

You have to obtain the following education to be an anesthesiologist:

4-year undergraduate education
4-year medical school program to earn an MD qualification
4-year specialization postgraduate residency in anesthesia
Licensing Exam

How Much Do Anesthesiologists Earn?

Anesthesiologists in the US earn $160 per hour or $331,200 per year on average.

Surgeons and Physicians

Most medical students aspire to be physicians and surgeons when stepping into healthcare. The job choices for physicians are wide as they can work at hospitals, clinics, operating rooms, and medical schools as professors. Surgeons and physicians take presenting complaints and history, diagnose the disease and prescribe medication to the patient. Surgeons also take part in operative surgeries.

How to Become a Physician or Surgeon?

You have to take the following education and specialization to become a surgeon or physician in the USA. It may take around 13 years after high school to get your specialization.

4-year bachelor degree
4-year medical degree
Internship and residency
Specialization (4 – 9 years)
Licensing Exam

How Much Do Physicians and Surgeons Earn?

The average income for a surgeon or physician in the USA is $206,800 annually or $100 per hour.

Pediatrician

Pediatrics is a medicine specialization that deals with the healthcare of young children and teens. Pediatricians typically diagnose and treat patients under 18 years of age. The treatment and medicine administration regimen is often different for children, which requires a specialized person. You can find a pediatrician in almost every hospital. They also work in schools and community health centers.

How to Become a Pediatrician?

Becoming a pediatrician is rewarding but requires extensive hard work and years of education. Here’s what you need to do to become a pediatrician.

Bachelor’s degree
4-year medical school degree
3-year pediatric residency
Licensing

How Much Do Pediatricians Earn?

Pediatricians earn around $198,420 on average in the United States of America.

Dentist

Dentistry and pharmacy are considered to be among the medical degrees that pay the most besides physician specialization (anesthesiologists, pediatricians, etc.) Dentists are responsible for educating and taking care of people’s oral healthcare. They assess oral health and diagnose and treat conditions affecting teeth’ health and aesthetics. Besides the general practitioner dentists, you may opt to be an orthodontist or prosthodontist. Depending on the region, you may make much more than the average income.

How to Become a Dentist?

Here’s all it takes to become a dentist and start practicing.

4-year bachelor program
4-year dental education (DDM/DDS)
Licensing after written and clinical assessment

How Much Do Dentists Earn?

Dentists in the USA earn $163,220 per year or $78.47 per hour. However, this is the average income for dentists, and the highest income may vary.

Pharmacist

Pharmacists are often known as the backbone of healthcare as they ensure rational use of medicine and provide adequate treatment to the patients. They are responsible for researching new drugs, manufacturing effective and safe medication, and ensuring adequate administration. They also counsel the patients about the usage and side effects of the medicine. The scope for pharmacists is wide, from retail/ community pharmacies to hospitals, retirement facilities, pharmaceutical industries, and physician offices.

How to Become a Pharmacist?

Pharmacists do not require as much extensive clinical practice as surgeons and anesthesiologists before securing a job. However, a pharmacist must have adequate knowledge and obtain the following education.

Undergraduate degree from a medical college
On-site internship
Licensing exam

How Much Do Pharmacists Earn?

You can earn $128,500 annually or $61 per hour on average in the USA.

Nurse Practitioner

Nurse practitioners (NPs) are authorized to perform certain procedures general registered nurses cannot. NPS are APRNs (Advanced Practice Registered Nurses) who can treat several health conditions besides physicians and surgeons. Nurse practitioners are anticipated as a highly growing profession with a 45% growth forecast from the Bureau of Labor. They also rank as the second-best job in healthcare per the World Report and US news. Many nurse practitioners work in emergency care, outpatient, inpatient, surgery, nursing homes, community hospitals, and physician offices.

How to Become a Nurse Practitioner?

Nurse practitioners get their license by taking the NCLEX exam after your bachelor’s degree. You can study further after your bachelor’s degree to get better opportunities.

2-4 year Master’s program after 2 years of experience
6-year doctorate after bachelor’s

How Much Do Nurse Practitioners Earn?

Many people think nurses do not make good money, but it is one of the best medical degrees with the highest pay. You can earn $123,780 annually and work closely with physicians and surgeons.

Physician Assistant

Physician assistants are not the same as physicians, yet they perform many similar tasks. Physician assistants are medical professionals licensed to work with a physician or surgeon. They have a similar role in healthcare to that of a physician. They assess the condition, diagnose the disease, write prescriptions and assist in surgery. They work in physician’s offices and hospitals primarily. However, physician assistants are also a part of nursing homes, surgery centers, and outpatient care.

How to Become a Physician Assistant?

Physician assistants assist the physician in medical tasks that require them to have top-notch knowledge of the field. You can become a physician assistant by:

Bachelor’s degree in a medical field
Pass the PANCE licensing after graduation

How Much Do Physician Assistants Earn?

Physician Assistants make around $121,500 per year or $58 per hour in the US. You may earn more or less as this salary is an average of varying wages.

Nurse Midwives

Nurse midwifery is one of the demanded APRN careers essential to gynae and obstetrics. Nurse midwives help women through pregnancy and childbirth. Most women request a midwife during childbirth to assist and comfort them through the process. Nurse midwives are properly educated about birth and its complications. Thus they also help with medical care. Midwives can also diagnose and treat medical conditions in women during other phases of life. They work at public health clinics, hospitals, and birthing centers or practice privately.

How to Become a Nurse Midwife?

Unlike common belief, nurse midwives obtain extensive education and experience to help people with their birthing experience. To be a nurse midwife:

Bachelor’s degree in nursing
Master’s program with a specialization in nurse-midwifery
Licensing

How Much Do Nursing Midwives Earn?

According to the Bureau of Labor Statistics, midwives earn $114,210 annually on average.

Veterinarian

Being a veterinarian is one of the most in-demand medical degrees that pay the most. It is the best choice for animal lovers especially. Veterinarians are commonly known as animal doctors or vets. They specialize in animal healthcare and wellbeing. Veterinarians also specialize in surgery, dentistry, surgery, etc., to provide the best care to animals. They usually work in animal hospitals, veterinary clinics, farms, and zoos.

How to Become a Veterinarian?

Unlike other medical careers, Veterinarians do not necessarily require a bachelor’s degree to apply to a veterinary school. However, getting a bachelor’s degree in a medical or science field is recommended. It allows you to tick all the boxes, such as internships. The necessary requirements for becoming a veterinarian include:

Internship
4-year veterinary education
Clinical exposure
NAVLE Licensing Exam

How Much do Veterinarians Earn?

Veterinary doctors make $100,000+ on average annually in the USA.

Physical Therapist

Physical therapists, also known as physiotherapists, are medical professionals licensed to treat musculoskeletal injuries. They work with patients to help them recover after a musculoskeletal system injury. They majorly contribute to improving movement, regaining mobility, and pain management. Physical therapists are a part of a wide range of healthcare systems, from hospitals to rehabilitation centers, sports facilities, and schools.

How to Become a Physical Therapist?

The path to becoming a physical therapist is similar to other high-paying medical professions. They all require a bachelor’s degree in medicine, so you have the basic skills and understanding. After your bachelor’s, you need the following education and experience.

Doctor of physical therapy (DPT) program
Clinical experience
NPTE Licensing Exam

How Much do Physical Therapists Earn?

Physical Therapists earn $95,000 per year.

Speech Language Pathologist

Did people around you tell you not to opt for speech therapy as it does not pay as much as other medical professions?

Well, it is among the top 20 medical degrees that pay the most. Speech pathologists help people with speech issues such as stammering, stuttering, delayed speech, etc. They also assist patients with swallowing disorders. Speech-language pathologists are licensed to diagnose patients and help improve communication. They usually work in hospitals and rehabilitation centers.

How to Become a Speech Language Pathologist?

The degree of speech-language pathologists does not require education in a medical field prior to the program. To become a Speech Language Pathologist, you need:

Bachelor’s in Communication Sciences and Disorders
Master’s degree in Communicative Sciences and Disorders or Speech-Language Pathology
Postgraduate fellowship
Speech Pathology national exam and license

How Much do Speech-Language Pathologists Earn?

Speech-language pathologists make around $80,480 annually in the USA.

The Bottom Line

Medicine is a vast field with numerous options to choose from. Many of these professions pay more than $100,000 annually, which is considered a fairly good income. You can choose from being a physician, psychologist, pharmacist, optometrist, pediatrician, nurse midwife, nutritionist, and many more. Some medical jobs that pay the most include physicians, surgeons, anesthesiologists, pharmacists, physician assistants, nurse practitioners, speech-language pathologists, etc. You can choose the one that interests you the most and follow your passion.

When you follow your passion, money comes along effortlessly!

Methew Harbor

Matthew is a Co-Founder at BusinessFinanceArticles.org. Matthew was a floor manager at a local restaurant in Wales. He lost his job after the pandemic and took initiative to make a team and start the project.

Difference Between PCT and CNA

Last Updated: August 30, 2024

The healthcare industry is so vast, with so many career options to choose from. If you are looking for an option to start your healthcare career as soon as possible then Patient Care Technician (PCT) and Certified Nursing Assistant (CAN) are two great career options. As these professions do not require spending many years in schools you can start your professional career as PCT and CNA very soon.

Doctors and nurses work in collaboration with PCTs and CNAs to provide the best care to patients. Now, most people think that the two are the same however there are some differences between the two and their duties may vary from state to state. Continue reading this article to find out about the major differences between these two healthcare professions.

Who is a Patient Care Technician (PCT)?

A patient care technician is responsible for providing basic care and assistance to patients in hospitals and other healthcare settings such as rehabilitation centers, cancer centers, etc. They are comparatively more trained and skilled than the CNAs. In addition to providing care to patients, they can also perform some simple medical procedures. The duties of PCTs are independent however they still need to report to doctors and nurses.

Who is a Certified Nursing Assistant (CNA)?

A certified nursing assistant is considered to be an entry-level caregiver. They also provide basic care to patients in nursing homes and other healthcare facilities. They help the patients to perform everyday tasks such as bathing, dressing, etc. Most of their time is spent with the patients and they are supposed to observe their progress, provide them the emotional support they need, and report everything to the nurses or supervisors.

healthcare worker checking blood pressure

CNA vs PCT – Primary Differences between the Two!

Here we shall talk about all the differences between the two professions, their job descriptions, duties, educational requirements, salaries, and more.

Difference Between PCT and CNA

These two terms, PCT and CNA often overlap and there is some confusion about the difference between the two professions. But it should be noted that there is a major difference between the two depending upon their duties and the levels of patient care they provide.

PCTs are more skilled and trained than CNAs and are responsible for performing some specialized tasks as well in addition to providing basic patient care. These specialized tasks include performing ECG, inserting catheters, administering IVs, etc. Whereas CNAs are in contact with the patients much more than the PCTs. Their main task is to provide basic care and comfort to the patient. They are supposed to improve the quality of life of the patients. Their tasks are much simpler than PCTs such as measuring the vital signs, changing the bandages, etc.

Responsibilities

PCT AND CNA differ in terms of their duties and responsibilities. The duties of both of them are described here in detail.

Duties of PCT

The following are the duties and responsibilities of a patient care technician:

The duty of PCT involves administering medications to patients.
They are authorized to perform advanced procedures such as inserting catheters and removing stitches.
They can draw blood which is called phlebotomy.
PCTs can insert IVs.
They can provide first aid.
They are trained to perform CPR.
A PCT is also responsible for collecting specimens for diagnostic testing.
PCTs are also able to perform ECGs.

Duties of CNA

The following are the duties and responsibilities of a certified nursing assistant:

They are responsible for measuring patients’ heart rate and blood pressure.
They monitor patients’ diets and help them to eat.
CNAs also assist patients while bathing and using the washroom.
They make sure that the patient is comfortable and help them to move around safely.
A CNA also helps the patients get dressed and helps them with different exercises.
They also change the dressings or bandages.
CNAs are supposed to answer patient call bells.
Entering billing information is also the task of a CNA.

Educational Requirements

The basic education requirement is the same for both professions however one has to get specialized training and diploma to be a certified PCT or CNA. The educational requirements for both the professions are mentioned here.

Educational Requirements for PCT

You will need a high school diploma or a general education development (GED) equivalent to enroll in a certified PCT program. First, you need to get a high school diploma with courses like:

Medical terminology
Biology
Anatomy
Physiology
Introduction to Healthcare

After getting the high school diploma, you can apply for the Certified Patient Care Technician exam through the National HealthCareer Association’s website. This exam includes 100 questions and passing this exam shows that you can provide basic patient care and qualify as a patient care technician. The questions are related to the following five categories:

Patient care
Compliance, safety, and professional responsibility
Infection Control
Phlebotomy
EKG

Earning a PCT diploma takes longer than getting the certification for nursing assistants. The training of a PCT is more extensive than a CNA. Although different allied healthcare programs take a year to complete you can get a PCT diploma in almost 34 weeks.

Educational Requirements for CNA

The requirements for becoming a certified nursing assistant include passing the GED or getting a high school diploma. After that, you can take the nurse aide license exam by applying through the state agency. Passing this exam will qualify you as a certified nursing assistant. The exam includes written and clinical portions to judge skills such as:

Hand washing
Taking and recording patients’ vital signs
Demonstrating positive interaction with patients
Daily living activities
Anatomy and physiology
Communication

The CNA training programs are usually 4 to 8 weeks long and becoming a certified nursing assistant is considered to be the quickest way to enter the healthcare profession. If you plan to work in higher-level nursing roles then you will need to get some other certifications which will require more time. You can learn more about time required to be a CNA in this article.

Salaries

Both professions offer good salary packages however there is a little difference between the income of a PCT and a CNA. Read below to find out about the average annual salaries for both professions.

Salary of PCT

According to Indeed, an average patient care technician earns more than $17 per hour which makes an average salary of $46,000 per year. However, with more experience PCTs can earn higher salaries. A PCT with over 6 years of experience can earn up to $50,898 per year.

Salary of CNA

According to Indeed and the Bureau of Labor Statistics (BLS), an average certified nursing assistant earns more than $15 per hour which makes an average annual salary of $32,000. More than 10% of highly experienced CNAs can earn up to $45,071 per year.

Career Options

There are several career options after getting a diploma for PCT and CNA. We have shared here a variety of career options for both professions individually.

Career Options for PCT

There are many career options to choose from after getting a PCT diploma. These include:

Phlebotomy Technician
Medical Assistant
Surgical Technologist
Dental Assistant
Medical Billing Specialist
Sterile Processing Technician
Surgical Nurse
Clinical Specialist
Dialysis Technician
Intensive Care Nurse
Home Health Aide

Career Options for CNA

Similarly, with a CNA diploma, there are plenty of career options in different healthcare sectors. These include:

Licensed practical nurses (LPNs)
Registered nurses (RNs)
Healthcare specialists in related fields
Nursing Home Administrator
Geriatric Care Manager
Nurse Educator or Professor
Nursing Technician
Nursing Assistant
Nursing Unit Clerk
Nursing Attendant
Nurse Aide Evaluator

Tips for Choosing Between PCT and CNA

Choosing a healthcare career can get confusing with so many options. However, which career you want to pursue depends entirely on your personal preferences, goals, and situations. Here are some important factors to consider before choosing between PCT and CNA.

Salary Preference

Firstly, it depends upon how much salary you are hoping to earn. CNAs usually earn less than PCT, so make sure to choose between the two after considering their incomes or salaries.

Healthcare Setting Preference

Make sure you know in which healthcare setting you want to work. CNAs mostly work in nursing homes and hospitals whereas PCTs are likely to work in clinics and doctor’s offices.

Training Preference

PCTs have to go through extensive training as compared to CNAs, make sure you know what level of training you are ready to get.

Level of Care Preference

Before choosing between PCT and CNA, the most important thing to consider is what level and nature of care you are ready to provide to the patient. CNAs provide more hands-on care to the patients such as bathing them and dressing them. Whereas PCTs also provide basic care but their main tasks involve administering procedures and maintaining records.

The Bottom Line

The healthcare industry offers many career options for everyone. The two main entry-level healthcare professions include patient care technician (PCT) and certified nursing assistant (CNA). Many people get confused between the two professions as both of them collaborate with doctors and nurses to provide basic healthcare. But the major difference between the two is that PCTs are authorized and trained to perform some basic medical procedures such as administering the catheter, IVs, and performing ECGs. On the other hand, CNAs are involved in providing more hands-on care to patients such as helping them with their everyday tasks. Both of these professions are extremely important in the healthcare system, make sure to choose the correct profession after reading this article.

Methew Harbor

How Much Money Does a Lawyer Make?

Last Updated: June 7, 2023

You might have seen lawyers in different fictional shows and always admired them by their personalities and lifestyle. These fictional depictions may not be completely accurate. Although they do have a great lifestyle for that, they have to work hard and have huge responsibilities. Without them, the law might not withhold in any country and they play a significant role to uphold this law and order. He or she is a licensed individual with a law degree who advises and represents others in their legal matters.

While watching all these law shows and even looking at the lawyers in person, one question might have come across your mind, ‘’How much money does a lawyer make?’’ Well, the answer to this may vary depending upon factors, such as their location, the firm they are working for, the type of law they practice, and the type of industry they choose to practice. According to the Bureau of Labor Statistics, lawyers have a mean annual wage of $163,770. This is almost three times more than the average annual wage in the United States which is $51,960.

In this article, we will delve into all the information about this respectable and highly paid profession. We hope this article will prove helpful for you to decide whether this profession is worth it or not.

How to Become a Lawyer?

Some professional requirements must be fulfilled before practicing law in any state or country. The person has to go enroll in a Law school to earn a proper law degree. The requirements to become a lawyer are mentioned here:

You must have a Bachelor’s Degree
You must complete three years of education from an ABA-accredited law school
You must pass the bar examination. The exam tests the knowledge of law, ethics, and responsibility
You must pass a character and fitness review
You shall have to take an oath, swearing to support the law and constitution
Then you will receive a license from the state’s supreme court

After fulfilling all these requirements, you will be able to practice law and start making money from it. It should be noted that after getting a license from one state you may not be able to practice law in other states. You might have to pass that state’s bar admission requirements to practice law there.

How Much Money Does a Lawyer Make?

The amount of money a lawyer makes depends on many factors including their experience, their location, the type of law they practice, and where they work. According to the Bureau of Labor Statistics, the median salary for this profession is $127,990. Nevertheless, not every lawyer needs to earn a six-digit salary. A lawyer who is just starting his career might not earn so much. He or she will have to be trained first and gain experience to earn the highest salary. At the entry level, the median annual salary is $59,700. But after getting an experience of 10 to 15 years, the salaries can increase up to $100,500. The highest-earning lawyer has a median annual salary of $208,000.

The amount of money they make also differs with whether they are working in public or private sector. The lawyers working in the public sector have comparatively lower wages. On the other hand, lawyers in the private sector earn more if they are working on their own or with a big private law firm. Their salaries depend on the size of the law firm, for example, a law firm with more than 700 lawyers will offer a median salary of $190,000 to their first-year associates.

What are the Duties of a Lawyer?

The lawyer advises and guides their clients regarding legal and judicial matters. They help them to reach a settlement in the case he represents them. They perform several duties that are mentioned below:

They analyze and research legal matters.
They advise and represent their clients in courts and all private legal matters.
Communicates effectively with clients, judges, and other attorneys.
They interpret and understand the laws and rules applicable to a certain matter.
They argue on behalf of their clients in front of the judge and also present facts in court.
They also prepare and file legal documents such as contracts, wills, lawsuits, and appeals.
Lawyers advise and counsel their clients about legal matters and help them to choose the right course of action for any personal or legal matter.
Lawyers are also responsible to manage other staff including legal assistants, paralegals, and legal secretaries.

What are the Highest Paying Industries for Lawyers?

The amount of money a lawyer makes depends on the industry they choose to practice law. According to the Bureau of Labor Statistics, lawyers working with the Federal Executive Branch of the government have an average annual salary of $147,100 whereas lawyers working for state governments have an average annual salary of $101,110. Different industries have different wages for lawyers. Some of the highest-paying industries for lawyers include:

Industries	Salaries
Scientific Research and Development Services	$230,330
Information Services	$235,280
Aerospace Product and Parts Manufacturing	$220,720
Computer and Peripheral Equipment Manufacturing	$227,290
Engine, Turbine, and Power Transmission Equipment Manufacturing	$220,270
Newspaper Publishers	$235,630
Audio and Video Equipment Manufacturing	$214,330
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing	$208,690
Monetary Authorities-Central Bank	$206,160
Electronic Shopping and Mail-Order Houses	$207,200
Oil and Gas Extraction	$206,470
Petroleum and Coal Products Manufacturing	$204,600
Merchant Wholesalers, Nondurable Goods	$202,020
Specialty hospitals – State government-owned	$201,620
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures	$201,180

Which Type of Lawyers Earn More?

The amount of money a lawyer makes also depends on what type of law he practices. Different types of lawyers make different amounts. Here are some of the types of lawyers who earn the highest according to ZipRecruiter data:

Type of Lawyers	Salaries
Environmental lawyer	$100,000 to $134,500
Chief legal officer	$89,000 to $232,500
Tax lawyer	$84,000 to $143,500
Health care lawyer	$79,000 to $193,500
Contract lawyer	$72,500 to $152,500
Patent attorney	$95,500 to $179,000
Corporate Counsel	$111,000 to $174,500
Employment Attorney	$101,000 to $152,000

Highest Paying States in the USA for Lawyers

Apart from the firm size and experience of the lawyer, the location where the lawyer practices law also has a great impact on his earnings. Different states offer different wages to lawyers. Some of the highest-paying states in the USA are:

City, State	Salary
San Jose, CA	$231,200
Oxnard, CA	$163,560
San Francisco, CA	$191,460
Midland, MI	$164,430
New York, NY	$183,870
San Diego, CA	$165,480
Los Angeles, CA	$177,550
Bridgeport, CT	$171,100
Boston, MA	$171,660

Other States Paying High Wages

Here is a list of some other states in the United States that pay well to the lawyers:

Other States	Salary
Virginia	$123,047
Arizona	$145,750
Texas	$150,250
New Jersey	$139,020
Connecticut	$153,640
Massachusetts	$165,610
Colorado	$147,560

So, if you are planning to get rich with your law degree, you should get settled in one of these states. These states pay high salaries to lawyers as compared to other states in the United States.

What are Other Career Options for Lawyers and Law Students?

After getting a law degree, there are plenty of career options for you other than being a lawyer. Many of you may choose other careers that will also pay well. Here are some other career options according to Indeed that you can choose after getting a law degree along with their national average salaries.

Career Options	National Average Salay/Year
Law Professor	$53,706
Judge	$78,041
Private investigator	$43,905
Journalist	$45,612
Special agent	$71,833
Management consultant	$73,801
General Counsel	$123,813
Diplomatic agent	$97,444
Real estate agent	$94,100
Contract manager	$82,537
Policy Analyst	$78,653
Paralegals and Legal Assistants	$58,330
Political Scientists	$120,430
Legal Support Workers	$73,000
Bailiffs	$52,340
Arbitrators, Mediators, and Conciliators	$62,350

Is it Worth it to be a Lawyer?

Being a lawyer or getting a degree in law sure seems to be very attractive, but before considering getting into it, it is important that you first consider all the possible facts. Whether such a huge investment in law school is worth it or not, whether your salary as a lawyer will outweigh the cost of your education. It all depends on you, which law school you choose, which type of law you choose to practice, whether you stay in the public sector or private, or whether you have the time and dedication that this profession requires. Thus, there is so much to consider before getting enrolled in a law school. Make sure that you have thought about all these things before you get admission to a law school.

Conclusion

Lawyers have a great reputation in any state or country. They play a role in advising and representing their clients in legal matters in front of the court. They help them to settle for their issues whether they are private or legal. Lawyers make a lot of money depending on their experience, location, the type of law they practice, the industry they choose to practice, and whether they are working in the public or private sector. According to BLS, these individuals have a mean annual wage of $163,770. Apart from being a lawyer, people with a law degree can opt for other careers, including professors, private investigators, paralegals, etc. But make sure to consider all the facts and costs required to get a law degree before you get into law school.

Methew Harbor

How Does Mistplay Make Money?

Last Updated: May 27, 2023

With the advancement in technology and the development of the internet, there have been so many activities that you can do online. From watching movies, to playing games, to shopping online there is so much to do on the internet. People now earn money online. Isn’t that great? Although there are many ways to earn money online, have you ever heard of making money just by playing some games on your phone?

Mistplay is such an app that allows its users to make money online for free just by playing games on their phones. Isn’t that a dream job for a kid or even for an adult? But when it comes to such apps that give money to their users, one common question arises, how does such an app make money that provides money to its users for free? This article will help you get all the answers about this mysterious and useful app and how it makes money? Moreover, you will learn ways to make money from it and a lot more! So, without further ado, let us get started on the complete review of Mistplay.

What is Mistplay?

Mistplay is a mobile app that allows you to earn money by playing games on your phone. By playing these games, you will earn points that can be redeemed later for gift cards, cash rewards, steam credit, and other prizes. Gamers can choose any game from the collection of games available in Mistplay. In 2017, Henri-Charles Machalani launched Mistplay. The headquarters of Mistplay is in Montreal, Canada.

To earn points, it is important to remain active in the game, you cannot just leave the screen on. Mistplay became highly popular and by the end of 2021, it ranked among the top 3 fastest growing companies in Canada. There were over 10 million users who accessed the app every month. Over 150 people are employed at Mistplay and the app is downloaded more than 21 million times.

How Does it Work?

Mistplay works by simply installing the app into your phone from the Google Play Store. You will have to create an account on the app, for this choose the option of ‘’signup.’’ After signing up, you would need to make a few changes in your phone settings. These changes include disabling the power-saving mode of your phone and allowing Mistplay to run while other apps are on. This will calculate your time spent on each game and Mistplay can reward you accordingly. Mistplay has a collection of games for you to choose from, once you select a game it will be downloaded from the Google Play Store and you can start playing and earning.

How Does Mistplay Make Money?

The question that comes to mind is how can an app make money that pays its user without charging them any fees. Well, the answer is quite simple, Mistplay makes money from referral fees that they earn from game developers, publishers, and marketers.

Referral Fees from Publishers

Mistplay makes money every time a user installs any game from Mistplay. More than 65,000 games are installed every day for which Mistplay earns a referral fee. This fee is charged by the publishing partners. Each time a user purchases any item in the game, a referral fee will be collected by the app. They also earn money each time they complete a task in a game. So basically, they get paid for all your activities in the game.

Fees from Game Developers

Mistplay also builds a connection between the game developers and the gamers. It is used as a platform for testing games. Game developers make a game and pay Mistplay to include it in their collection. So, whenever the user plays that game, game developers can learn the glitches of the game or anything that can be improved. There is also the option to give feedback after some games, this can help the game developers to make their game even better.

Fees from Advertisers or Marketers

Mistplay is paid by advertisers to promote a certain game, you will see ads for that specific game on the app. These ads are shown only to the users that are most likely to play that certain game. This strategy allows more users to download that specific game and thus Mistplay can earn money from this.

How can you Make Money from Mistplay?

You can make money from Mistplay by playing games on your phone. You just have to install different games that are available in the Mistplay library and start playing. The points that you will earn while playing the games can be redeemed for different rewards. Different games have different time durations and their number of points depends on that as well. There are different tasks that you need to complete to earn more points. Points are also earned through in-app purchases. After you complete a goal or finish a game, the total points you earned will be displayed. After some games, there is an option of submitting a review or your opinion. By submitting an opinion, the user can earn more points.

What is Mistplay’s Points System?

There are different requirements for each different game that determines the number of points earned. These requirements can be such as how much time you spend on a game, and how many levels have you cleared of a specific game. To earn the highest rewards, you must go through these requirements and understand the points system of this app. There are three types of points GXP, PXP, and units. Let’s go through these:

GXP (Game Experience Points)

These types of points represent the time you spend on a game. You will earn more GXP points if you have spent more time playing a game. It does not depend on how good you are at the game; it only depends on the time you spend to earn the rewards in the form of GXP.

PXP (Player Experience Points)

These points represent the overall experience of the player. By leveling up in a game that you play through Mistplay, you will be able to earn more PXP. These PXPs help you earn units that can be redeemed later on. You can gain PXP through in-app purchases as well.

Units

Units are the combination of your PXP and GXP. You receive units whenever your profile levels up in the game. These units can help you redeem different prizes such as gift cards or even cash through your VISA or MasterCard.

How much Money can you Make from Mistplay?

The amount of money you can make from Mistplay depends mostly on two factors, the time you spend playing the game (GXP) and the levels you clear in the game (PXP).

Different games offer different points to their players depending on the time they spend playing it. The more you play or the more time you invest in a game, the more reward you will earn. Similarly, if you are at a higher place when it comes to the overall experience of the game, you will be rewarded with more points. So, how much you earn depends only on you.

Mistplay also has a referral program for the players. According to this, if you refer Mistplay to your other friends then both of you will earn reward points. This referral program also has different levels and once you reach level 4 of this, you will earn additional 100 points as a bonus. Isn’t that wonderful?

Does Mistplay Pay in Real Cash?

It depends on your definition of ”real cash.” Mistplay does not offer real hard cash but it does offer gift cards that can also be used for purchasing stuff. There is also an option for PayPal cash rewards, through this, you will get the money in your PayPal account after a specific criteria or threshold is achieved. Then you can get take out the cash from your account. But if you are only looking for getting cash in hand then Mistplay might not be the best place for you to make money.

Which Devices Support Mistplay?

This app is available only on the Google Play Store so only Android users can use it. The iOS version of the app has not been launched yet but the company plans to do it sooner or later.

Advantages and Disadvantages of Mistplay

Any app, game, service, or tool has its pros and cons. Similarly, Mistplay has many advantages but it also has some disadvantages. It is better to know all of them before deciding if you want to use the app or not.

Advantages of Mistplay

The first and most important advantage is that this app is legit.
You receive gift cards only by playing games on your phone. These gift cards are $0.50 to $50.00 in value.
Most of you will be doing something that you enjoy. Playing games is an ideal time pass and if you are getting paid to do it then it just gets better.
Mistplay is free of cost. You do not need to pay any fees and you do not even need to provide your credit card information. You can simply log in through Google or Facebook account.
The best thing about Mistplay is there are no ads to bother you while you play.
Youngsters can start earning with this app as there is no age limit of 18 years, you can start to make money at the age of 13.

Disadvantages of Mistplay

Earnings are not that high; you cannot expect to become millionaires with this app.
It is accessible to only Android users. iOS users cannot use the app.
You cannot earn cash in hand instead you get points that you can redeem for prizes.
Only some specific games are available in the Mistplay collection. You cannot get all the games from the Play Store here.
As you get to the higher levels your earning pace will slow down. The higher levels are challenging and it becomes difficult to earn more points that easily.

What Types of Games Mistplay Offers?

The games offered by Mistplay depend on your location or region from where you are playing. The options are limited and vary from region to region. However, there are a variety of games for you to choose from including war games, word games, strategy games, board games, arcade games, and much more. You will find something according to your choice on this platform.

What are Mistplay Units and How can you Exchange Them for Rewards?

Mistplay units are like the in-game currency. These are the points that you obtain after playing the games. These units can be exchanged for rewards. Different games offer different numbers of points so it is wiser to choose the games that offer higher points and in turn higher rewards. Once a specific number of units are earned, you will be able to exchange those points for prizes. The prizes include gift cards from Facebook, Amazon, PlayStation, Xbox, and Google Play. You will not get direct cash from the app but you can only get these gift cards that you can redeem to get whatever you want.

When do you Get a Gift Card from Mistplay?

You will get a gift card when you have earned the points specified for that specific gift card. Once you have earned a gift card you can redeem it for Amazon, Xbox, Visa, etc. Just click on the option ”buy” and you will receive the gift card in your email. Gift cards are expected to be received within 48 hours after placing the order. Keep yourself updated by checking emails.

Is Mistplay Legit?

An app that pays its users for playing games and that too for free, it all seems too good to be true. But it is true. Mistplay is a completely legit app. You can earn money in the form of these redeemable gift cards. You can use these redeemable gift cards at some of your favorite retailers to get what you want, without paying any fees.

In case of any queries, you can contact Mistplay through their customer service or you can fill in the ‘’contact us’’ form available on their website. You can send your questions here the Mistplay team will surely answer your queries and resolve your issues.

Final Thoughts

Mistplay offers a great opportunity to earn money by playing games. But don’t expect that you can leave your full-time job for this. You can use your spare time to earn a little money. The more you play the more you can earn. By playing these games you earn points that can be redeemed for gift cards that you can use to shop at your favorite retailers. Mistplay generates its revenue by using referral fees from game developers, publishers, and advertisers. The best thing about Mistplay is that it is free, you do not have to pay for downloading it and using it. Most of you already enjoy gaming and it comes with the perk of earning money, who would want to miss this opportunity? So, what are you waiting for? Download the app, start playing and enjoy your rewards!

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What are the Three Sets of Factors that Influence the Standards of Behavior in an Organization?

Last Updated: August 30, 2024

The professional environment in a company is a product of the conduct rules and a person’s behavior. Individual and organizational behavior of employees in an organization contributes significantly to working efficiency. A trustful, respectful, and socially connected workplace improves the functioning of departments.

Individual, opportunity and social factors are the three sets of factors that influence the standards of behavior in an organization.

Let us tell you about these three factors influencing the standards of behavior in an organization.

Individual

An individual is the most critical component of an organization. The behavior in an organization cannot be improved when the individual lacks the primary traits for better behavior.

Personality

One of the most primary aspects of an individual in an organization is their personality. Their personality plays a significant role in their contribution to the company. Is your employee open to constructive criticism? Are they team players? Do they communicate well? These all matter a lot in organizational behavior.

Values

Values affect an individual’s ethical behavior and judgment regarding a specific matter. They may be crucial, especially when you are building a team. It helps you understand people with similar values as you will be a better part of your team. A person who lacks values may resort to unethical ways of business and harm his name.

Morals

Morals refer to the set of rules people set for themselves and the people around them. Morals depend on a person’s cultural norms and values. Morals affect a person’s behavior (good or bad). A person with good morals tells the truth, does not cheat, does not judge, and is dependable. Employees with bad moral values will decrease the standards of behavior in an organization.

Opportunity

Besides an employee’s conduct, the opportunities they get in a company are highly important. Sometimes the best employees might not perform their best because they are not given the right opportunities. Offering a chance to your team member does not only mean allotting them a project. It also involves how you allow them to present a suggestion that complies with ethics and morals. If the employees are permitted to make ethical decisions, it helps improve the standards of organizational behavior.

Social

The behavior of a company and its employees must be social. It is important to be a social organization to grow in business. Social employees also bring more people to your company by building relationships. Many customers think that companies need to think socially also in terms of providing products to a wide range of customers. Teammates that think from a social perspective contribute to improved company behavior standards.

The Bottom Line

An organization’s standards of behavior depend on the individual, opportunity, and social factors. They include morals, ethics, values, personal conduct, opportunities, environment, conflict, etc. Incorporating high morals and values in the company can elevate the standards of behavior. On the other hand, ignoring these factors can negatively influence the standards of behavior in an organization.

FAQs

What are the Three Core Ethical Values?

According to research, the three core ethical values include justice, goodwill, and respect for persons. The relationship between individuals in a company is usually based on their ethical values.

What are the Factors that Influence a Person’s Moral Behavior?

Culture, family, and peers significantly influence a person’s morals. These interpersonal factors are the base of a person’s personality and moral development.

What Factors Influence Unethical Behavior?

While many factors contribute to a better workplace environment and high behavioral standards in the company, some lead to unethical behavior. Common factors include a lack of a code of ethics, lacking values, and setting a bad example for the team.

Methew Harbor

Advantages and Disadvantages of Coercive Leadership

Last Updated: August 30, 2024

Coercive leadership might not be the most preferred choice for modern leadership structures. Yet, it is often essential for an organization. It ensures that all the employees work according to the commands with no innovation.

The advantages and disadvantages of coercive leadership go hand in hand. Coercive leaders are rigid in their rules and instructions and expect everyone in the company to abide by them. This kind of leadership style helps build decorum within the organization. Moreover, it requires micromanagement and leaves no room for diversity. Read the article to know everything about coercive leadership.

What is Coercive Leadership

Coercive leadership is an authoritarian style of leadership. It is built on providing instructions to the employees about each process. It includes all information like what to do, how to do it, protective measures, regulatory compliance, etc. Coercive leadership pushes the employees to stick to the given guidelines without any changes.

Coercive leaders are strict in their conduct. They do not allow room for mistakes or modification. This leadership style is usually adapted in manufacturing facilities, especially pharmaceuticals, chemical plants, and food industries. Negligence from the workers can be life-threatening to the consumers. Small businesses that need proper functioning may also opt for coercive leadership.

The role of a coercive leader is not restricted to commanding the employees only. They work hard to find out problems and think of suitable solutions. Such leaders are responsible for making decisions for the whole department or company. Coercive leaders have complete control over the processes. They utilize authoritarian and dictating approaches to get work done correctly.

Advantages of Coercive Leadership

Increased Productivity

Increased productivity is one of the most fundamental benefits of authoritarian leadership styles like Coercive. When the employees comply with the instructions provided by the company, they do not waste their time innovating products. They stick to the process methods passed down from their leaders. The team understands the managers’ expectations well and works to come up with the expectations. It also eliminates the need to wait for multiple leaders to continue working.

Better Control

The coercive leadership style offers better control over the workers by setting boundaries. It allows the leaders to train and coach the employees per the system’s needs. The employees are aware that they must come up to the expectations of the managers. They are responsible for their actions and must act according to the provided layout.

Easy Management

When companies implement coercive leadership in a company, le chances of deviation are less. It reduces the culture of working casually or bending the rules by the employees. Strict enforcement of coercive leadership ensures each person performs the assigned task. Coercive leaders do not alter the rules for anyone. The managers do not need to supervise the employees once they understand the system directly.

Improved Compliance

Coercive leaders understand the related rules and regulations deeply to ensure the proper functioning of the organization. They can better implement these regulations through strict actions than soft leadership methods. It also ensures better compliance with company policies like harassment and attendance.

Motivates Employees

This leadership style is most suited for organizations where employees have a laid-back or free-style working approach. It might provide comfort to the workers. Yet, sometimes it may damage the company in the long run. The coercive style motivates and pushes employees to achieve their assigned goals efficiently. It improves productivity and enables the employees to contribute better to the company’s success.

Better Workplace Safety

Proper implementation of safety rules and measures within the company ensures better safety. The employees must adhere to the rules to avoid accidents during different processes. Sticking to safety precautions keeps the employees safe and other coworkers.

Better Judgement

While all leaders choose the best for their organization, coercive leaders are better at it. They assess each employee’s performance within the given role. If the worker is not fit for that particular place, the manager may shift them to another department or role. Coercive leaders can also include or exclude policies that do not go well with their leadership system.

Disadvantages of Coercive Leadership

No Room for Diversity

Many emerging leadership styles appreciate the diversity of opinions. But coercive leadership is not one of them. Coercive leaders do not ask for opinions or suggestions from their team. They believe in a top-down hierarchy and give instructions only. The workers have to work according to the guidelines whether they like it or not.

No Room for Innovation

Just like the lack of diversity, these leaders do not appreciate innovation as well. Workers might think of performing a task smartly to wind it up early. Nevertheless, coercive leaders would not like this freedom of innovation. They improve workplace safety by ensuring compliance with regulations. Therefore there is no space for innovation in this leadership style.

Leaders Need to be Vigilant

Coercive leadership does not require keeping a close eye on their employees all the time. Yet, your workers must know that you are monitoring them closely. If any employee gets away with misconduct regarding any process, they will feel free to do it again. Coercive leaders need to be vigilant while managing a huge team to avoid problems in the workplace.

Short-Term Productivity

As we mentioned, this style of leadership improves productivity. However, productivity is long-term. People often get tired of working under a strict boss performing the same tasks every day. The boost in productivity is short-lived under coercive leadership. Continuously working under pressure will eventually diminish the employee’s motivation and reduce productivity.

Dislike of the Leader

Today, nobody wants to work in a slave-master system. People look for workplaces that offer diversity and innovation. When the workers do not feel comfortable talking to the leaders, they keep a safe distance from them. Employees understand that the manager is in power and they have to work according to his style to stay in the office.

Increased Employee Turnover Rate

Unsatisfied and demotivated employees work in such an atmosphere only for a short period. They do not want to stick around with cruel bosses for a long time and find an escape. More workers tend to leave the company and move to another better workplace. It increases the burden on other workers timely and increases the company’s cost of recruitment.

Characteristics of Coercive Leadership

We have discussed the advantages and disadvantages of coercive leadership. But, do you know what comprises coercive leadership? Here’s a brief description of the characteristics of coercive leadership.

Top-Down System

Coercive leadership is an authoritative leadership style with top-down communication. The top hierarchy (managers) only communicates the guidelines to the down (workers) hierarchy. It is not two-way, as workers do not give any input. This system eliminates creativity from the organization, and everyone works on the instructed pattern.

Rigid Rules

This leadership style not only shuns innovation at the team level but also at the managerial level. Mostly the leaders work on the same rules and regulations as before. They might introduce or eliminate new policies for the benefit of the company. However, it is quite less likely to happen, and the company follows a rigid set of rules throughout.

Rewards

Employees who understand and follow the instructions of their leaders are rewarded according to their performance. The reward criteria are also strict in this leadership style. Any mistake or change in the working procedures can reduce the chances of rewards.

The Bottom Line

Coercive leadership is autocratic leadership, where the manager orders the employees. A similar number of advantages and disadvantages of coercive leadership makes it difficult to decide. It improves productivity and reduces hazards in the organization. However, it also results in job dissatisfaction and demotivates employees in the long run. The dissatisfied workers often look for better places to work, resulting in a high turnover rate.

Methew Harbor

How does Fetch Rewards Make Money?

Last Updated: May 12, 2023

The circle of selling and buying products has been going on for decades, but this process is made much easier through online shopping. From purchasing clothes to doing groceries, everything is just a click away. Customers no longer have to travel to physical stores or wait long checkout lines; instead, they can easily browse what they want and compare prices online. However, keeping track of your purchases and loyalty programs is difficult with multiple online retailers available. It is where Fetch Rewards jumps in.

It is a successful mobile app that helps users spend and save money by earning points for their online and in-store purchases. Customers can happily redeem the points at any time and get merchandise, gift cards, or even cash. If you want to know everything about Fetch Rewards, how it works, and how to make money, this platform is of great help! So, without wasting another minute, let’s delve into the article below.

What is Fetch Rewards?

Fetch Rewards is a retail website allowing customers to win loyalty points on every online purchase that can be in the form of cashback. It has collaborated with hundreds of brands, including top niches like baby, baking, beauty, cleaning and home improvements, grocery, health and wellness, personal care, etc. A user must scan his receipt, either typed or handwritten, after making a purchase. The points will be added to your account that can later be redeemed. Just make sure that the scanned receipt is clearly readable, or else the system will not detect it.

Fetch Rewards is free to use and available on iOS and Android devices. This user-friendly app is also easy to navigate, so anyone wishing to save money through shopping finds it accessible.

How Does Fetch Work?

The working of this app is made pretty simple for everyone to use it and get benefits. Start with downloading the app on your mobile phone. You can find the app on both Google Play and Apple Store. Just create an account with the required credentials; once done, you can start earning rewards. Choose the desired brand you want to shop items from. There’s an option to discover the brands in the app if you are unsure of their availability.

After you’ve made your purchase, you’ll need to scan your receipt using the app. Make sure the receipt is clear and readable before you scan it. The app will automatically detect the brands and products you bought and award you points accordingly. Depending on the brand and product, you can earn anywhere from 5 to 10,000 points per item. A minimum of 3,000 points is necessary to claim your reward from the app. It has many prizes, including bonus cards from popular retailers like Amazon and Walmart. You can also contest to win rewards like groceries or vacations.

How Do Fetch Rewards Make Money?

They have made it very simple to make money that benefits both – the app and the partner retailers. Fetch Rewards makes most of its money by charging affiliate commissions to its associated brands, called the “referral fee.” The company also started making money through interchange fees in late 2020.

Let’s look into the business models through which Fetch Rewards makes money and understand them in detail.

Affiliate Commissions

Fetch Rewards successfully partners with over 350+ America’s most popular brands, including major names like Pepsi, Baby Dove, Mountain Dew, Fresh Step, etc. Whenever a customer comes to scan his receipt and earns rewards from the attached brands, Fetch Rewards earns a good commission. This process is called affiliate commission. It is a common way of generating revenue where platforms like Fetch Rewards act as middlemen between the customers and the brands.

Both get benefits, thus promoting the brand’s sales by offering its users a specific prize on each purchase. In most instances, or typically speaking, users get 1000 points on every $1 purchase. The more users buy a brand’s products, the more affiliate commissions Fetch Rewards earns. It’s a win-win situation: users earn rewards for their purchases, while Fetch Rewards earns money for promoting the brands.

Interchange Fees

Fetch launched its very own MasterCard in late 2020. Customers can use this MasterCard debit card wherever purchasing with MasterCard is allowed, and the process is called “Fetch Pay.” This program enables users to earn rewards for purchases outside the app simply by using their Fetch Rewards debit card. But how exactly does the app generate its revenue from this program? The answer lies in interchange fees.

The merchant pays a significant interchange fee to the partnered bank whenever a user makes a purchase with its Fetch Rewards debit card. The platform, in return, gets a portion of this fee for every transaction, which is still publically not disclosed. The leading app has collaborated with “One,” which handles compliance and customer service.

Through Referral Code

As one of the biggest cashback platforms, Fetch Rewards also grows by distributing referral codes. It allows first-time users to win rewards right after they sign in to the app and scan their first receipt. It is another way of affiliating with the customers. When someone signs up for the first time using a referral code, both parties get bonus points. It greatly helps Fetch Rewards to grow its user base and reach more potential customers.

How Much Money Does Fetch Rewards Make?

Fetch Rewards has not publicly disclosed its revenue yet. Still, some clues give us a rough idea that the online platform is significantly making millions of dollars. According to different resources, the company reached over 5 million users. If we roughly assume and calculate that one person is averagely scanning three receipts a week, the annual revenue from affiliate commissions alone reaches to million dollars. Isn’t it huge?

But, of course, it is just an estimate, and we cannot give a pet statement on how much money Fetch Rewards make. However, it’s worth noting that the company recently raised a venture capital funding of $240 million in equity and debt at a valuation of more than $2.5 billion.

Brief History of Fetch Rewards

Schroll and Tyler Kennedy were students at the University of Wisconsin-Madison who devised a unique idea of designing an online cashback app in 2013. The thought appeared from Schroll’s frustration with the typical loyalty programs where customers have to jump to the stores to earn rewards. He thought of why not make something simple that also stays convenient for the locals.

This determination had him and his fellow worker arrange meetings with different organizations to secure funding. After presenting his business plan, many companies provided funds, making him decide to quit university to focus on his aim. At that time, Schroll was pursuing a degree in Entrepreneurial Studies. Finally, the efforts resulted in the Fetch Rewards mobile app in the summer of 2013.

Initially, Fetch Rewards was only available on iOS and in a few select markets. However, the app quickly gained popularity and expanded to new markets across the United States. After a couple of years, the app raised funding in a million dollars, promoting the company to further develop. Now, you can see that Fetch Rewards has partnered with hundreds of renowned brands, allowing users to choose the rewards that best suit their needs.

What Do Fetch Rewards Do with Your Receipts?

As we have already discussed, the business model of Fetch Rewards is meant to pay you. Yes, you heard it right. On every receipt scan with the online application, you will get points that can later be redeemed. You can collect the points to buy something big from the store, get gift cards, or even make purchases from your favorite online platforms like Target, Amazon, Instacart, Walmart, etc.

How to Get 10000 Points on Fetch Rewards?

You can earn from as low as 1,000 to even 10,000 points on Fetch Rewards, and the process is pretty straightforward. Simply upload the receipt with the participating item to get extra points. For every $1 purchase, a user receives 1,000 points. This way, you can make a collective purchase of $10 or buy different items worth $10 to get 10,000 points on the app.

Why Does Fetch Want Receipts?

The entire rewarding process depends on your scanned receipt, so uploading it is critical to getting points on Fetch Rewards. Right after you make a purchase from the partnered brands at Fetch Rewards, upload its receipt and earn points.

Fetch Rewards Competitors

Like any other successful business, Fetch Rewards has numerous competitors entertaining customers online. The top of them are:

Rakuten Rewards

It is a similar and popular cashback app like Fetch Rewards. Customers can earn a significant percentage of cashback through Rakuten Rewards on every purchase. The company is one of the largest free loyalty programs in the U.S.

Swagbucks

Swagbucks make sure to offer you free gift cards and a set cashback percentage for every purchase you make online. With over 20 million registered users, Swagbucks is one of the most popular rewards programs in the market.

Honey

This popular setup has partnered with more than 30,000 retailers and earns the same way Fetch Rewards do. This browser extension automatically finds and applies coupon codes at checkout. Honey also offers a rewards program helping users achieve Honey Gold for their purchases, which can be redeemed for gift cards at popular retailers.

Shopkick

This app came to the market in 2009 and now has almost 30 million users online. It is a rewarding retail app that lets the users enjoy prizes for walking into participating stores, scanning barcodes, making purchases, and watching videos. The collected points are called kicks that can later be redeemed for gift cards at the affiliated shops.

Is Fetch Rewards Worth it? – Final Takeaway

Now is the time to ask yourself if Fetch Rewards is worth downloading or not. In my opinion, this huge rewarding platform is worth downloading as you easily get points on everyday purchases. What do you want more?

You can redeem a collected amount of points when they reach a big number or get gift cards side by side. It’s completely up to the user if he’s a good online shopper. Just don’t miss snapping your receipt so that everything written is clear. Happy shopping!

Methew Harbor

How to Deal with Passive-Aggressive Coworkers

Last Updated: August 30, 2024

Working in a company requires interaction with people in your department and others. Most employees prefer a friendly relationship with their coworkers. Yet, sometimes you come across a passive-aggressive teammate who makes survival difficult for you. Spotting passive-aggressive workers within an organization can be challenging. If you do not understand this behavior early, it can cause grave trouble for you in the long run.

Passive-aggressive employees can be dangerous for your peace of mind and workplace integrity. They often exhibit their behavior by giving you a shoulder, ignoring your suggestions, or saying wrong things about you to the boss. Finding out and nipping this behavior in the bud is critical, or it may cost you your job or respect in the workplace. Here are a few ways to deal with passive-aggressive coworkers.

Understand their Behavior

Passive-aggressive people do not feel comfortable communicating directly with people. Instead, they work passively, whether for good or bad. Passive-aggressive people may be understood better as being angry as a person wholly. They might not feel bad about a particular matter but resent their life or workplace. Usually, these behaviors are embedded in the roots of employees over a long time. It may be due to their family environment or working in a passive-aggressive company. A survey by Booz Allen Hamilton shows that 1/4th of the 30,000 global participants think that they work in a passive-aggressive organization.

There are two types of passive-aggressive coworkers in any space:

Disengaged

These coworkers do not mean harm to an individual or company though they are just disengaged. They want to get along with people in the company like everyone else. Yet, they find it difficult to engage in conversations or activities. Researches show that disengaged workers unintentionally harm the company because of their improper communication.

Manipulative

The other passive-aggressive coworkers realize that they are causing problems for others but do not care about it. They want to manipulate your situation and convey wrong information to others. They know exactly what they are doing.

Identify Underlying Reasons

Once you understand if your coworkers exhibit disengaged or manipulative, passive-aggressive behavior, it is easy to devise a solution. Though identifying their triggers can be of immense help as well. For example, one of your coworkers is uncommunicative and avoids conversations, leading to problems in the department. On the other hand, some workers may exhibit this behavior for a potential promotion. Both these behaviors need to be handled differently, emphasizing the importance of identifying underlying causes.

Do Not Overreact

If you walk into the office and hope not to see that coworker having passive-aggressive behavior, we don’t blame you.

It is quite natural to feel angry at coworkers who often create problems for you. Overreacting may give you immediate peace of mind. Alternatively, you may choose not to overreact and rule out the problem eventually.

Passive-aggressive people work in a particular manner often to push you to react to the situation. Thus, it is vital not to lose your temper and overreact. Make sure to handle their behavior with due emotional intelligence not to affect your performance. A simple yet helpful approach is to feel like you are not a part of the setting directly. Detach yourself from the drama and communicate with team members clearly to avoid doubts.

Assess your Behavior

Passive-aggressive behavior cannot be justified by any means. But, sometimes, the person might not be able to express their hurt towards you. You might have said or done something they did not find good for them. The inability of passive-aggressive coworkers to communicate their reservations to you can elevate the problems. You can do your part by avoiding conflicts for your own peace. Talk to them to understand the issues. And if they are not a consequence of your wrongdoing, you know you will have to reason with them in another way.

Be Firm

If the passive-aggressive behavior does not go away after asking them about the problem, it is time to be straightforward. Giving in to your coworker’s behavior will only strengthen them. Try this three-step approach to tell them to mend their behavior.

Communicate the problem softly to them. Tell them how their passive-aggressive behavior is causing problems in the department.
Propose solutions that may help solve the issue. Suggest direct communication to the relevant person through email if they are not comfortable with face-to-face conversations.
Warn them of possible consequences. Be firm and inform them of the consequences they will face if they do not improve their acts.

Implement an Open-Door Policy

Coworkers often build such behavior when they think you find yourself superior to them. They also avoid talking to you, following their beliefs about you. You can prevent passive aggression in the department by implementing an open-door policy. Encourage people to talk to you without the need for formalities. Building trust will push them to get out of their bubble and communicate their concerns better.

Do Not Adopt their Behavior

You might wonder, “Why would I?” But, sometimes people think that it is best to handle a person’s behavior by offering them the same. While you may try it for a short period, it is not ideal for a workplace. It will just add to the number of passive-aggressive employees in an organization.

Look Deep

Often you find your coworkers passive-aggressive. This behavior might not always be personal. Employees may adopt passive aggression from their environment when their management behaves the same way. Workers give back the same attitude when the leaders do not care to communicate with their employees. You can help your coworkers by motivating them and pointing the issues to HR for rectification.

The Bottom Line

Passive-aggressive behavior is common in workplaces. Yet, it is important to eliminate it to promote a healthy environment in the organization. Dealing with passive-aggressive coworkers requires understanding the root cause and triggers and being firm about the situation. You must not give in to their behavior and warn them of the consequences. However, remember that sometimes they might be trying but need help. Look deep into the problem to find a suitable solution.

Methew Harbor

How Does Bail Bondsman Make Money

Last Updated: May 6, 2023

You might have sometimes heard, “Mr. ABC has been released on $30,000 bail” when the judge releases someone. As it seems, the bail amount is paid to the court on release. But what if someone does not have the money to pay the court?

They will have to stay in jail until the date court has set for the trial; a bail bondsman can help them release them even if they do not have enough money. So, how does a bail bondsman make money when helping defendants release from jail?

Let’s tell you everything about bail money, bail bondsmen, and how they make money.

What is Bail or Bail Money?

When a person is arrested for a crime or fraudulent activity, they are kept in jail until presented in court. Even after the initial presentation in front of the judge, they might set a different date for the trial.

To ensure the defendant does not have to stay in jail through this period, the court allows them to pay a bail amount. It works as a security deposit returned to the defendant if they stay compliant throughout the case proceeding.

The cash bail is forfeited if the defendant fails to appear in court for the trial.

How do Bail Bondsmen Work?

When a person is arrested and the court orders bail, they can submit it in cash, use a credit card to get a cash advance, or get help from a bail bondsman or bail bond agency.

While it might seem like you only require paperwork knowledge to become a bail bondsman, it requires you to be immensely vigilant. If your client does not appear in court during trial, it might be difficult to track them down.

Thus, bail bondsmen and agencies must run a thorough background check to ensure their record and the authenticity of collateral to avoid trouble.

How Does Bail Bondsman Make Money?

When a defendant has to pay a particular bail amount in court and they do not have enough cash, they ask a bail bondsman or agency to post the bail bond on their behalf.

A bail bond is a surety bond provided by the agency or bail agent to secure the defendant’s release from jail. The bail bondsman may prepare a criminal or civil bail bond per need.

A bail bondsman earns money by charging a fee on the bail bond, which is usually 10% of the bail amount ordered by the court.

For Example:

Let’s say the court has set the bail to $50,000 to release John. If John does not have $50,000 to pay to the court, as it is a high amount, he will contact a bail bondsman or agency to post the bail bond on his behalf.

The bail bondsman will ask John for $5,000 (ten percent of the total amount) to post the bond. However, the percentage may vary from state to state.

They secure the rest of the bail amount as collateral, including a car, home, or jewelry. The bondsman may also ask the defendant’s relatives if they do not have enough assets to present to the court.

Moreover, a few states, including Indiana, Kentucky, Maine, Massachusetts, Oregon, Tennessee, and Wisconsin, do not allow bail bondsmen to offer services to defendants. Instead, the court receives ten percent of the bail money through bail bonds.

Do Bail Bondsmen Make Good Money?

The average annual income of a bail bondsman in the US is around $43,400. Emerging bail bondsmen may earn as low as $25,000, which increases as they gain experience. Highly skilled and experienced bail bondsmen make up to $150,000 per year.

At the same time, the annual salary may vary depending on the state, education, certification, experience, etc. Most bail bondsmen make between $39,489 and $48,483 yearly.

As an agency, you can make significant money as the latest data shows the bail bond industry valuing around $1.9 billion in the US. Besides making money from usual cases like felony arrests that give you $1000 as profit per case, serious crimes with high bail amounts can add to the annual income significantly. The premium in cases with high bail amounts, such as a million dollars, have a lower premium, typically 1%; it still comes to around $10,000 for just one case.

How to Start a Bail Bondsman Business?

Start with researching to see if you can be a bail bondsman. Ensure you meet the requirements and take the pre-licensing course before taking the bail bonding license exam. Once you pass the exam, apply for the state license and register your bail bondsman business.

When dealing with new clients, check their background and criminal, employment, and financial history. As a beginner, working with first-time offenders with a high reputation is better as they are more promising.

How do Bail Bondsmen Get Their Money Back?

When the Defendant Does not Appear in Court

In some cases, defendants opt for a bail bondsman to get away with court proceedings and not have to stay in jail.

But what do you do as a bail bondsman if your client does not present in court?

The defendants who fail to appear in court owe the bondsman the full bail amount. They will also have the right to the collateral securing the bail bond.

Yet, most bondsmen stay in touch with their clients and remind them about the trial dates to ensure they visit the court. In case of missing the court date, the judge can issue an arrest warrant for the defendant.

When the Defendant Appears in Court

Well, if the defendant complies with the court orders and attends the proceedings, they will receive the full bail amount posted by the bail bondsman. However, the fee paid to the bondsman is nonrefundable.

Do All Defendants Need a Bail Bondsman?

No, defendants do not need a bail bondsman if they can arrange the money on their own. They may use their credit card given that they can pay back in time. Alternatively, asking relatives to loan money can prevent them from giving extra money to the bail bondsman or agency. However, as most people cannot arrange that sum for the court, they connect to a bail bondsman or agency; some defendants decide to stay in jail until their trial.

Do all Defendants have to Pay Bail?

Every defendant the court orders to pay bail has to. Nonetheless, they can request a bail reduction to the court within five days of the order. The duration may vary for different states and regions.

The Bottom Line

Being a bondsman requires passing a licensing exam to obtain your license. But you can make good money once you are in the business. A bail bondsman earns $43,400 on average in the US, with salaries ranging between $39,489 and $48,483. Beginners usually make between $25,000 and $30,000, whereas the experienced earn up to $150,000. Bail bondsmen earn by taking 10 to 15% of the total bail amount as their fees. The fee percentage may vary in different states.

FAQs

How much do bail bondsmen make an hour?

The hourly pay for a bail bondsman in the US is between $19 and $23, depending on location, qualification, skills, and expertise. However, the average hourly wage is around $21 for bail bondsmen.

How much does a bail agent make in California?

California is one of the highest-paying locations for bail bondsmen. The average salary of a bail bondsman in California is $48,619, while the pay ranges between $44,239 and $54,312.

How much do bail bondsmen charge?

The standard fee of a bail bondsman is 10% of the total bail money, but the amount varies for states. For example, some states do not allow bail agents to charge more than 8%. In other regions, they may charge up to 15%.

Do you get the bail money back?

Yes, the defendant gets the bail money back even if found guilty. However, the court might impose heavy fines depending on the charges.

Methew Harbor

How Does Credit Karma Make Money?

Last Updated: May 6, 2023

The world of finances has significantly changed in the past two decades, creating a direct effect on the community. Nowadays, personal finances are a critical aspect of everyone’s daily life, and companies are progressing to make money with this. One such organization is the Credit Karma. It offers services to help people manage their finances. Credit Karma has gained immense popularity over the time through free credit reports and free credit score services. The company has a user base of over 100 million and it continues to grow. There are no charges for any service, which raises a question: how does Credit Karma generate its revenue?

There are several ways that the company utilizes to make money, including interchange fees, interest on cash, and referral fees. In this article, we will delve into credit karma’s different revenue streams, how it works, its history, future, and its competitors. By the end of this post, you will get an insight into the financial industry and how companies like Credit Karma generate their revenue.

What is Credit Karma and How does it Work?

Credit Karma is a personal finance company that gained popularity by providing free credit scores to its consumers. Customers can access their credit data at any time, without registering to any credit card. As its credit bureau partners, Credit Karma uses TransUnion and Equifax. The credit information is based on the Vanguard 3.0 model and not on the FICO model. It is a leading fintech company that mainly focuses on making credit data transparent for its clients. Users can sign up for its services by visiting its official website or through its official mobile app on their phones.

After the account setup is complete, users can access their credit scores at any time without any cost. An individual’s credit score indicates if he or she is eligible to access other products and services such as credit cards and loans. Apart from providing credit scores, Credit Karma also displays free credit reports and credit monitoring.

The credit reports include information such as accounts standing on good terms and what percentage of payments are made on time. The report can also notify when an identity theft or fraud is being committed. On the other hand, credit monitoring helps users to stay on top of their scores and monitor any changes that occur in their credit scores.

History of Credit Karma

The company was founded in 2007 and is headquartered in San Francisco. Kenneth Lin founded the company as its CEO along with his partners, Nichole Mustard (CRO) and Ryan Graciano (CTO). Lin got a degree in economics and was always coming up with different business ideas. In 2007, he introduced the idea of developing a personal finance company. Although there were plenty of companies offering the same services as Credit Karma, they had a poor reputation.

In March 2008, Credit Karma was officially launched and gained popularity as it is a platform that provides credit scores for free. Credit Karma continued to expand by assisting in other ways, such as tax calculators, credit monitoring, and personalized financial advice. Today, the company employs more than 2000 people across the United States, the United Kingdom, and Canada. Almost half of the United States uses this platform including over 100 million users.

How Does Credit Karma Make Money?

The company operates on an affiliate business model. Credit Karma makes money through various revenue-generating streams such as referral fees, interchange fees, and interest on cash. Each of these revenue streams is explained in detail below:

Referral Fees

The primary source of the company’s revenue is the referral fees. Although it provides free services, Credit Karma is partnered with an advertising partner that offers financial services such as credit cards and loans. The advertising partner provides credit karma with a referral fee each time the user takes action on any offer. Credit Karma kept working with the same model even though people complained about not liking the in-app advertising feature. Credit Karma keeps its customers satisfied by offering them a collection of free services, including a handy tax calculator and a dispute response. These features enable the users to file complaints in case they feel that the credit bureau devalues their credit score.

Interchange Fees

Credit Karma introduces a brand-new feature of checking accounts for its users in September 2020. This feature is also called ”credit karma money.” This feature issues a debit card to the account holder. This debit card is issued by Visa. Whenever the cardholder pays for something using that debit card an interchange fee is earned by Credit Karma. Visa’s interchange fees usually range between 1.4 to 2.5%. This revenue is shared between Credit Karma and Visa.

Interest On Cash

Like other financial firms and banks, Credit Karma also operates a similar interest-on-cash model. The company uses the cash of its users and lends it to other larger financial institutions such as banks. In return for facilitating the loan, Credit Karma collects a net interest from these financial institutions. In 2019, the company earned approximately $3 billion by using this financial model. It protects its users’ accounts for up to $5 million with FDIC insurance.

Credit Karma’s Future

The company hopes to lead the market with the financial services that it provides. The company processes millions of data points of its users which they can use to improve their market position in the financial industry. Credit Karma aims to introduce new innovative features and financial tools for their users to help them effectively manage their finances.

Who are the Competitors of Credit Karma?

As being the leading fintech company, exclusively known for providing financial services to its customers, Credit Karma has some competitors too. Here are the top companies mentioned that are considered the competitors of Credit Karma:

Bankrate: This finance company offers financial services similar to Credit Karma.
Credit Sesame: This company provides loans and savings on credit applications for its users. In addition to that, it also offers its users to utilize free personal finance tools.
NerdWallet: This is an online platform through which users can get information about their financial status.
Mint: Users can manage their bills and budget through this personal finance app.

Conclusion

Credit Karma has become a famous personal finance company with over 100 million users. It provides financial services that are free of cost but has other ways to make money, including receiving referral fees from advertising partners, interchange fees by using debit cards, and receiving interest on the cash lent to larger financial institutions. Credit Karma’s ability to collect and analyze financial data has become a valuable asset in the financial industry. Despite having major competitors such as NerdWallet, Mint, Bankrate, and Credit Sesame, Credit Karma hopes to remain the leading personal finance setup in the future.

Methew Harbor