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Monday, February 20, 2017
Although the U.S. unemployment rate is near a 10-year low, not all jobs are created equal in the post-recession economy. Some professions and industries are pulling ahead of the pack when it comes to compensation and benefits, while millions of Americans continue to struggle with stagnant pay and limited job prospects.
So how does one find a lucrative job with plenty of career prospects? It helps to focus on three industries, according to a new study from employment site Glassdoor.
About half the jobs with the best prospects for 2017 tend to be found in technology, health care and finance, the study found. These careers are highly skilled professions that typically require college degrees or specialized training, which emphasizes the increasing opportunity divide between Americans with college degrees and those who didn’t progress beyond high school.
And because these jobs are resistant to automation, they’re likely to continue providing a good income and career prospects for years to come.
“These positions won’t be automated anytime soon,” said Glassdoor spokeswoman Allison Berry. “They’re all very highly skilled and require people to dig into what they are working in, whether that’s a data scientist or a pharmacy manager.”
Less-skilled occupations are increasingly feeling the impact of automation as companies turn to robots for manufacturing work, for instance. That trend is likely to expand into other industries. The World Economic Forum predicted last year that automation will cause 5.1 million job losses over the next five years.
Monday, February 13, 2017
While there’s still a stigma against for-profits, the quality of education varies widely within the sector, experts say.
To some students, a for-profit online degree program seems like a risky option.
“I’ve seen a lot of reports for a lot of years about how for-profit schools have pretty much based their incomes on the ability for students to get federal financial aid,” says 30-year-old Matt Warner, a cybersecurity and information assurance master’s student at the nonprofit, online Western Governors University.
Though he’s personally hesitant about for-profits, he suggests prospective students focus more on factors such as cost and the degrees offered.
For California resident Carlos Ramirez, enrolling in an online doctoral program in health administration at the for-profit University of Phoenix was a no-brainer. Ramirez previously earned his bachelor’s and master’s at the school and was satisfied with its flexibility and student support.
Experts say in online education, a school’s classification as a for-profit versus nonprofit tells prospective online students little about overall quality.
“I think it’s less about the sector and more on how attentive the institution is to meeting the needs of students, to understanding best practices, to preparing their faculty for this robust learning experience,” says Karen Pedersen, chief knowledge officer for the Online Learning Consortium, an organization aiming to improve online higher education.
For-profit institutions have faced criticism in recent years for questionable recruitment practices, low graduation rates and high student debt. Though employers today are becoming more receptive to accepting candidates with for-profit, online degrees, there’s still a stigma around them, experts say.
[Discover how employers view for-profit online bachelor’s degrees.]
“It’s a distinction that has gotten a lot of press over the last many years, and I’m not sure that it’s warranted,” says Betty Vandenbosch, president of the for-profit Kaplan University, which delivers many degrees online.
When for-profit online degree programs started becoming more prevalent around 1999, they accepted almost anybody who applied, including those who weren’t sufficiently prepared for college, says Kathleen Ives, OLC’s CEO and executive director, who has served as faculty for both for-profits and nonprofits. That, she says, contributed to low graduation rates and high debt for those who dropped out.
That initial focus primarily on corporate profits “has tainted much of the for-profit sector. And not fairly, because the for-profit institutions are just as diverse as the nonprofit institutions,” says David Schejbal, dean of continuing education, outreach and e-learning at the University of Wisconsin—Extension, which coordinates continuing education and online programs across 26 statewide campuses.
Read full article here.
Monday, October 17, 2016
Engineering and technology are among the most challenging fields of study in college, but all of that hard work apparently is paying off, as many of the top-earning entry-level jobs are tied to related majors, according to a Glassdoor study released Monday.
The job search engine analyzed more than 500,000 resumes and self-reported salaries to determine which majors pay the most during the first five years after graduation. Eight of the 10 most-bankable majors are tied to engineering or technology, such as computer science, electrical engineering and information technology. Nearly half of the majors listed are in science, technology, engineering and math (STEM) fields, though business-related majors, such as accounting and marketing, crack the top half of the 50 majors listed.
Monday, October 17, 2016
It’s good to be an engineer.
The average starting salary for new college graduates for 2016 is $52,569, according to the National Association of Colleges and Employers‘ annual survey of starting salaries.
If you want to pull down bigger bucks than that, you’d better like math: Engineering fields comprise 16 of the top-paying 35 job titles, according to an analysis provided to MONEY by Payscale, which looked at salaries for employees with bachelor’s degrees and two years’ experience or less.
Wednesday, October 12, 2016
Conversations about the advancement of women at work are now so commonplace that it can seem like a foregone conclusion that, someday soon, women will have equal opportunities and pay.
But then you start wading through the comments under news articles on gender diversity and you realise there is a very angry, resentful undertow from some (mostly men) who demonstrate a fear that when women win, men and families will lose.
Monday, August 29, 2016
When choosing a college major, students take several elements into account, including what they’re most interested in and which fields complement their natural skills. But it’s important not to overlook an important factor: future job opportunities. With classes resuming for the fall, job-posting site Indeed compiled a list of majors that lead to “jobs of the future” — positions that pay $57,700 per year or more and saw at least 25% wage growth between 2004 and 2014.
When choosing a college major, students take several elements into account, including what they’re most interested in and which fields complement their natural skills. But it’s important not to overlook an important factor: future job opportunities.
With classes resuming for the fall, job-posting site Indeed compiled a list of majors that lead to “jobs of the future” — positions that pay $57,700 per year or more and saw at least 25% wage growth between 2004 and 2014.
Indeed found that these jobs represent positions that are at a low risk for automation, utilize transferable skills, and are in high demand by employers. Computer and information sciences earned the top spot on the list, thanks to high average annual salaries and skill sets that can be applied across industries.
Read on to see more jobs of the future, along with the majors that will help you get there.
Monday, August 29, 2016
I’VE GIVEN STUDENT advice before, so some of this might not be completely new. However, it’s a new year with new students, so it might be useful to give some ideas to this year’s collegiate freshmen. Actually, here are four things for students to consider.
Monday, August 29, 2016
Students on their way to university sometimes think ahead to what kind of future they’d like their education to provide. Are they zeroing in on a specific career they’d like to pursue upon graduation? Do they have a specific job in mind they’d like to shoot for? Or, do they have only a vague notion of what they want, hoping that their interests will direct them toward opportunity?
Regardless of a student’s level of focus, certain fields of study can yield great jobs—ones that are in high demand among employers and that bring healthy salaries.
Recently, mammoth jobs platform, Indeed.com, released a study on job opportunities of the future. In it, the Texas-based company discovered that 92% of all jobs that bring salaries of over $57,700 and grow to keep up with inflation can be attained most easily through only a small handful of fields of college study. We highlight them in a slideshow, which you can view below.
Wednesday, August 24, 2016
Women business leaders are about twice as likely as their male counterparts to say their company should put more effort into increasing gender diversity, a new poll said.
One-quarter of the women polled said their employer should be doing more to advance female employees compared to about 12 percent of the men, according to the latest CohnReznick-New Jersey Chamber of Commerce Business Climate Survey, released Wednesday.
The survey, which focused on women in the workplace, revealed “a disconnect” in men’s and women’s perceptions of gender diversity, said Philip Mandel, regional managing partner at CohnReznick, a New York City-based accounting firm.
Thursday, August 18, 2016
The recent shootings of Black men throughout our country and police officers in Dallas and Baton Rouge have ignited discussions about diversity in the community as well as the workforce.
What is the meaning of diversity? Most Americans would say diversity incorporates race, gender and ethnicity and stops there. But I believe diversity involves much more than that.
Though I agree the above three components represent some of the primary dimensions of diversity, we must also include age, sexual orientation and physical and mental ability. And there are secondary dimensions: religion, lifestyle, style of dress, language, communication style, personality style, geographic location, learning style and even military service. All of these components of diversity are part of today’s workplace.
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