Tag Archives: benefits

How Important Is Your Education?

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In today’s world, education is often the best tool for getting ahead. It can help you grow in a variety of ways—you can pursue a passion, increase your long-term income, and have the experience of a lifetime. In fact, college graduates earn more than twice as much as high school graduates. Some studies have found that college graduates with a bachelor’s degree earn 80% more per year than those with only a high school degree. According to the Bureau of Labor Statistics, the more education you have, the more your average salary increases.

Although college can be expensive, and the overall student debt has increased to roughly $1 trillion, the pay gap between those with a college degree and those without is increasing yearly. According to the Economic Policy Institute, Americans with four-year college degrees made 98% more an hour on average in 2013 than people without a degree—that’s a number that has consistently increased since the early 1980s when it was at 64%.

Educational & Social Benefits
Making more money in your lifetime isn’t the only benefit to a college degree. There are other educational and social benefits that can be drawn from a college education.  These include:

  • Quality of Life – Individuals who attend college make informed decisions, which can also lead to having more money. Studies have shown that college grads save and make more money and have more assets, including homes, cars, and investments. People who attend college tend to work in white collar jobs, in office buildings, or other facilities with air-conditioning, heating, and conveniences that improve the quality of life. Additionally, the Council on Contemporary Families reported that college graduates are less likely to divorce.
  • Work Productivity & Opportunity – If job satisfaction is important to you, then consider pursuing a college degree. Studies have shown that people who attend college have greater work opportunities, are more satisfied at work, and tend to have skills that can be easily applied in different work settings and different geographic locations. Additionally, those who attend some college are employed at three times a higher rate than those who have not.
  • Longer & Healthier Lifespan – In addition to the income boost that comes with higher education, college grads are healthier and have longer lifespans as well. A survey by the Center for Disease Control indicates that between 1990 and 2008, the life expectancy gap between the most and least educated Americans grew from 13 to 14 years among males and from 8 to 10 years among females. Unfortunately, studies have also shown that those with less education are more likely to have risk factors that predict disease—such as smoking and obesity. Having a higher socioeconomic status (measured by total family income, level of education attained and professional career status) is directly correlated with better physical health and life expectancy.
  • Self-Esteem & Psychological Well-being – When you walk across that stage with a diploma in hand, there is a sense of pride and confidence that no one can take away from you. Not only is it a rite of passage, but you’ve accomplished something that can never be taken away. Additionally, studies conducted by the College Board have found that those who have completed some college are not only more well-equipped to handle mental challenges, but also report a higher level of satisfaction when doing so.
  • Building a Legacy – One of the best parts of a college education is passing the benefits on to your kids. Children of college-educated parents are smarter, more likely to graduate from high school, more likely to attend college, and have a better quality of life.

Diverse Opportunities
Whether it’s a bachelor’s degree from a traditional four-year college or a Career Technical School, higher education has benefits far outside of knowledge and books. Whether or not education plays the most important role in your likelihood of getting hired, there’s no doubt that taking opportunities to learn and grow in your career is a beneficial piece of the puzzle. And, you don’t necessarily have to follow a typical four-year degree path. In fact, according to the Bureau of Labor Statistics, 14 of the 20 fastest-growing occupations in America require an associate’s degree or less. If you’re hoping to further your education without following a four-year plan, check out this article for more information.

 

What other benefits have you seen from attending college? Let us know in the comments section below.

The Results Are In: What Is the Key Factor That Contributes to Your Job Satisfaction?

results_job_satisfaction_webNow that 2015 is well underway, many job seekers are focusing on their goal of finding a job this year. As job search efforts increase, it’s important to recognize and understand the key factors that contribute to job satisfaction so you know that the job you’re trying to get is the right one for you. To help determine the factors that go into job satisfaction, we recently polled Movin’ On Up readers and the results are in!

Keys to Job Satisfaction
The most important factor that contributes to job satisfaction, according to 32% of poll respondents, is “engaging or meaningful work.” “Feeling valued” was a close second with 29% of the votes. “Job security” was the most important factor for 11% of respondents, while “compensation” and “room for advancement” received 10% and 7% of the votes, respectively. Only 4% of people considered “company benefits” to be a key factor in their job satisfaction, along with 2% of those who chose “leadership.”

Additionally, 5% of respondents selected the “Other” option in our poll and left responses including:

  • Efficient communication
  • Pleasant atmosphere
  • Co-workers and managers who are nice to work with
  • Good planning, organization, and control
  • Flexibility
  • Acquiring new skills
  • All of the above

What Leaders Think
Interestingly, it seems there may be a disconnect between a company’s decision makers and those trying to secure a job there. On Refresh Leadership, the Express blog for business leaders, we asked the same question and the results were very different. While 26% of leaders agree with job seekers that “engaging or meaningful work” is the most important factor in job satisfaction, that’s where the similarities end. In fact, while only 2% of Movin’ On Up readers said “leadership” was a key factor, 14% of employers chose this answer. Additionally, 19% of employers chose “compensation,” while only 10% of Movin’ On Up readers agreed, and “company benefits” gained 11% of employer votes, but only 4% of job seeker votes.

Your Job Search
Though there does seem to be a divide between what business leaders and job seekers value most when it comes to job satisfaction, you should keep these results in mind when you’re looking for a job. Were you one of the majority of respondents who selected “engaging or meaningful work” as the key factor to your job satisfaction? If so, try to use this as a determining factor in your job search. For example, if you are interviewing with a company, ask the interviewer what he or she enjoys most about their job. Look for ways that the job can inspire you or help you give back to the community. If you chose “leadership” or “room for advancement,” you can inquire about these elements of the job during an interview by asking questions that show your interest in the position. You may even be able to determine some factors, such as compensation and company benefits, through the job posting. While getting a job is a nice start to the year, ensuring that you’ll be satisfied with your work is even better.

How do you plan to use these results to help with your job search? Let us know in the comments section below!

Movin’ On Up is brought to you by Express Employment Professionals.

Poll: What Is the Key Factor That Contributes to Your Job Satisfaction?

MOV_POLL-ICONThe new year is just around the corner and with it often comes a renewed focus on goals. From losing weight to saving money, many people will create New Year’s resolutions and develop plans to stick with them. As you look toward 2015, you might plan to increase your job search efforts by applying to more jobs, landing more interviews, or even finding that perfect job in the new year.

As your job search efforts increase, it’s important to recognize and understand the key factors that contribute to job satisfaction so you know that the job you’re trying to get is the right one for you.

Movin’ On Up is brought to you by Express Employment Professionals.

What’s Most Important to You in a Career?

Personal incomes were up 0.2% in July, according to the U.S. Commerce Department, which could in part stem from businesses reinstating salary increases and other benefits that were cut or frozen in 2009. As the economy improves and businesses look for more ways to increase employee engagement and retain their key workforce, we want to know what you value most in your job.