Sorry because this deviates a little from the main topic.

What is the difference between a Masters of Science Engineering holder (completed in 2 years) with a Degree holder with 2 years job experience in terms of job prospect, salary, ....etc?

How would the employers view you as a MSc holder and as a Degree holder? (assuming Degree holder have 2 years job experience)

Is it advisable to go for Phd upon completion of Masters? Or is it better to work first?