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The aim of this report was to identify the benefits, in terms of wages, realised by completing a
vocational education and training (VET) qualification. This was achieved by using wage data
from the Student Outcomes Survey conducted by the National Centre for Vocational Education
Research (NCVER). The report builds on the fact that many VET students do not complete full
qualifications and come with varied education and employment backgrounds.
- The analysis finds that there is no universal benefit from completing a VET qualification in
terms of returns in the form of higher wages; some groups benefit, but not all do so.
- Those who already have low-level qualifications (certificate II or below) benefit from
undertaking, and particularly completing, qualifications at around certificate III or IV or
higher.
- Those who already have higher-level qualifications (certificate IV or higher) get no wage
benefit from undertaking or completing a further VET qualification at any level, relative to
the control group of those undertaking only modules at the certificate I or II level (the
closest we have to a ‘no training’ control group).
- By contrast, students perceive wage increases as a result of training, especially those who already
have a higher-level qualification.
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