College Education - Is it Worth it in Todays Economic Climate

College Education - Is it Worth it in Todays Economic Climate With many college graduates unable to find full time employment and a new crop ready to come up, many of them are starting to wonder where they will find a job. It wasnt long ago that a college degree all but guaranteed you a stable career and higher earning potential. Now, many are not seeing the same returns they once did. So is a college degree worth it in todays economic terms? How do you quantify who earns more? One area to look at is recent graduates from the past 5 years when the Great Recession began. The data shows that of those people who graduated college â€" nearly 90% were employed â€" when compared to people who did not graduate college who were employed at 64%. These figures do not show whether these graduates were employed in a field related to their degree or not. But, another telling fact is that college graduates are earning almost double that of people without college degrees. This advantage will likely stick with them throughout their working careers. Another Option Another way that we assess the value of receiving a college degree is to compare the rate of return from investing in a college degree versus using the same amount of money for investment opportunities. College degrees are obviously expensive. Tuition, books and housing all add up to well over $100,000 for a four year degree. This is only average as some colleges cost considerable more. So lets say you have a recent high school graduate who has $100,000 to invest in their future. Is college the right option or would you use that money for something else? Would investments such as stocks and bonds outweigh the lifetime earnings that a college degree would bring? The correct answer is, technically speaking, investing in a college degree. A college degree has a rate of return of 15% a year for $100,000 invested. Compare this with the average returns on the stock market   at 6.5%, along with the rate of corporate bonds at 3% and other stable investments and youre not even close. Higher Rates of Return A better rate of return translates into higher lifetime earnings as well. Over their lifetime, the average diploma holder will earn over $550,000 more than the average person with a high school diploma. So the incentive to receive a college education is high. Some high school students would do well to invest in technical or trade schools that offer specialized skills which will keep them employed throughout any recession. There are opportunities out there for everyone and remember â€" many people who never graduated college have become successful in different fields. Think of the Bill Gates, the Paul Allens and the Larry Ellisons of the world. Not having a college degree never stopped them and it should not deter anyone from achieving their dreams.

Resume and Linkedin Profile Writing Services Canada Fundamentals Explained

Resume and Linkedin Profile Writing Services Canada Fundamentals Explained LinkedIn requires three recommendations to finish your profile. When you haven't joined LinkedIn by this time, you should. LinkedIn is the very best social media marketing tool for virtually any small business. LinkedIn only offers one particular sort of profile. The Ugly Side of Resume and Linkedin Profile Writing Services Canada Likewise LinkedIn pays the considerable portion of employees' compensation as stock alternatives. LinkedIn is a networking tool which demands the cultivation of relationships in order to work. LinkedIn has become more than simply a social network but a very important tool to attach with recruiters, hiring managers, and your professional contacts which you already have. LinkedIn is among the best strategies to develop your professional network with people online. LinkedIn offers you a good chance to showcase the worth of your features without advertising. In order to make the most of the ability of LinkedIn, your profile has to be well-constructed. Summary The summary component of your LinkedIn profile is an all important portion of your profile, meaning that it's something you need to pay attention to. Adding your LinkedIn page to your resume can be a good idea so long as you have covered all your bases in the procedure. Writing about oneself is quite a personal thing. Or, it can sound like you're writing a biography which is not so personal or interesting. You can begin by running paid ads to boost your reach and boost your followers. After almost 9 years LinkedIn acquisition can be considered a success for Microsoft in obtaining a share of the social networking pie. A good way to promote yourself in a professional way, if you aren't already on LinkedIn then you should get yourself on there. It's possible to utilize LinkedIn to reach out to people which you have worked with previously and connect with them online.

The Importance Of Mirroring In Your Cover Letter - Work It Daily

The Importance Of ‘Mirroring’ In Your Cover Letter - Work It Daily When a company advertises a job vacancy, they are effectively saying, “We don’t have someone to do this role â€" we have a problem!” What is vital is for you to achieve in both your resume and cover letter is the impression that you are the solution. As well as a professional CV, your will need a targeted cover letter. Related: 7 Cover Letter Mistakes You Make When Applying Via E-mail A recruitment colleague of mine recently completed an analysis of the quality of cover letters sent to his consultancy. Out of every 100 candidates, on average: 73% of applicants supplied no cover letter or a brief introduction in the email of one to two lines 16% supplied poor quality cover letters with spelling mistakes and highlighting no relevance to the specific role being advertised 11% provided a professional cover letter highlighting the key aspects from the advertisement and their relevance to the appointment Therefore, by just creating a professional cover letter, you can immediately position yourself in the top 11% of candidate’s right from the start. This is where “mirroring” the job description is pivotal. In most job advertisements and position descriptions, there is a section highlighting specific characteristics and skills that would be effective in the position. Read through the documentation and summarize what the ideal person would look like. Write your cover letter that shows how your skills, achievements, qualifications and experiences can meet these requirements. Use the keywords in the job description to make sure the parallels are obvious even to someone hurriedly skimming your resume. To be effective in a world of global recruitment, create a “brochure” that sells your skills and makes it clear to hiring managers that you are the solution to their problem. Watch This Webinar! Are you ready to get a job? In this engaging webinar, we will delve further into marketing and selling yourself professionally. Do this right, and you will see a real upswing in your application/interview rate! Join us for this special presentation on selling yourself to employers. Presenter: Tom O'Neil, international author, award winning motivational speaker and regular contributor in personal and career achievement. Cost: Free!   WATCH NOW ?   Photo Credit: Shutterstock   About The Presenter Featured in the Economist and Harvard Business Review, Tom O’Neil is an international author, award winning motivational speaker and regular contributor in personal and career achievement. He is international author of both the ‘1% Principle’ and ‘Selling Yourself to Employers’, and is also an international contributor (2008 â€" 2014) to the world’s best-selling personal development guide ‘What Color is Your Parachute?’     Have you joined our career growth club?Join Us Today!