College Majors, Starting Salaries and Job Growth
The National Association for Colleges and Employers recently released a report that shows job growth and starting salaries by major. Salaries increased the most for business and computer science majors and barely budged in math and sciences. What does this say about the presumed shortages STEM professions (Science, Technology, Engineering, Math.)
Separately, the Bureau of Labor Statistics released data last week about job growth between 2010-2020 and anticipates much of the growth will be in health professions and education. And the report gives credence to education beyond a B.A. or B.S. with jobs requiring a Master’s degree are expected to grow over 21% faster than for any other education category.
Tags: Careers, college graduates, job creation
Jeffrey Immelt GE CEO and Jobs Czar
On Sunday night Lesley Stahl interviewed Jeffrey Immelt, the CEO of GE on 6o Minutes. It was a wide ranging interview that touched on jobs creation, corporate taxes, and the increasingly international stance of many U.S. corporations. Read the rest of this entry »
Tags: 60 Minutes, corporate executives, GE, Jeffrey Immelt, job creation, leadership, Lesley Stahl, management
Celebrity Boards, Super Star CEO’s
The New York Times Dealbook today had a story entitled Handicapping the Investment of IAC in Chelsea Clinton by Steven M. Davidoff, former corporate lawyer who is a professor at Ohio State University. Read the rest of this entry »
Tags: Chelsea Clinton, corporate boards, corporate executives, female executives, IAC, leadership, management, McKinsey and Company, New York Times
The Big Payout
Eric Dash has an intriguing story in The New York Times today Outsize Severance Continues for Executives Even After Failed Tenures. Read the rest of this entry »
The Consequences of Being Overpaid
How much are your worth? And do you consider yourself overpaid or underpaid? And what does that mean for compensation throughout a career? University of Notre Dame professor, Adam Wowak, at the Mendoza College of Business, has new research that shows CEOs who have been overpaid earlier in their tenures continue to receive the largest raises or smallest pay cuts. Read the rest of this entry »
What kind of week is it for Women Executives?
What kind of week has it been so far for women executives? It has been decidedly mixed. Read the rest of this entry »
Tags: All Things D, Bank of America, career transitions, Carol Bartz, female executives, Jill Abramson, management, New York Times, Sallie Krawcheck, severance, Susan Chira, Yahoo
What’s Important to New Graduates?
Are graduates of the class 2011 throwbacks? In a recent survey released by the National Association of Colleges and Employers recent graduates sought personal development and job security as the most important factors in choosing a job. The top five factors in order are
1. Opportunity for personal development
2. Job security
3. Good insurance benefits
4. Friendly co-workers
5. High starting salary
Opportunities for advancement aren’t a consideration.
All of which asks the question will the aftermath of the recession may have a lasting effect on how young adults view their careers?
Tags: benefits, friendly co-workers, high starting salary, job security, oppprtunity for personal development
Pay Gap Persists for Female Undergraduates and MBA’s
It’s graduation season. And those lucky graduates who have landed jobs, may have some disappointing news if they are female. The wage gap is alive and well. Read the rest of this entry »
Tags: college graduates, difference in lifetime earnings, employee attitudes, gender parity, M.B.A. first jobs, pay equity
Equal Pay
Yesterday was Equal Pay Day which comes from the amount of time women need to work into the following year to make the equivalent men made the year before. Read the rest of this entry »
Tags: college graduates, equal pay, equal pay for equal work, female executives, gender parity, Huffington Post, McKinsey and Company, Wall Street Journal, women in business
CEO Children and Gender Wage Gap
If you’re a woman interested in equal pay in the workplace it might be helpful to learn the sex of any children your CEO has. Your workplace pay parity may be influenced by the answer. Read the rest of this entry »