I agree. The person who posted his difficult climb, actually is quite fortunate.

Recently a few of my friends with masters complain, after putting in the effort to get masters and sacrificing family time, next job HR tells them that masters add zero value in the calculation of salary. It's just giving you an intangible advantage in terms of boss preferring you, and heighten probability of promotion (CEP if I may borrow this term)

If honours can add 200 dollars minimum, why is Masters disregarded and becomes an intangible advantage? The difficulty to obtain a Masters is not lower than an honours project.

I asked friends in HR, their closest answer is, 'boss says this position don't require' case closed.

Another case of false hopes given by gahmen that we are knowledge based economy?