Business & Finance News

Archive for October, 2009

Career planning entails choices. This means you have to choose a path you would want to lead your life to. A job or the work you do does not only help you financially but also has a great effect on your personal life-psychologically, emotionally, and physically. which is why it is imperative that you give career planning your full serious attention. This holds true, more so today that many new fields and opportunities are available.

Career planning entails having a good understanding of the terminologies of job and career seeking. Try looking and reading at the following words:

• Employment

• Position

• Job

• Occupation

• Career

Reading them for the first time you’d think that they all mean the same thing. There are, however, slight differences. A manager and a machine operator are both employees in one company but the manager would more often refer to his work as a position, while the machine operator sees himself as an employee. Thinking of getting a career? Then it is also of importance that you familiarize yourself with these terminologies:

• Career development

• Career management

• Career counseling

• Career guidance

These are all steps to a systematic approach at making certain that you find the best career path and to progress satisfactorily. Career planning entails that you gauge your own planning capability. It’s you who will have to figure out and identify your short term and long term goals. You do your own decisions, choose your own options, and evaluate your resilience and flexibility. These factors are going to be very important when it comes to meeting career challenges. In the long run, all you have to rely on are your own personal management skills. Career planning involves life changing decisions, and different survival skills as well as role and work-leisure integration. Career planning would also mean acquiring good marketing skills. Do you know your skills and strengths? How about your weaknesses? Can you conduct an effective and efficient job search? Do you know what image you project and should project? Can you sell yourself to the employers? How do you make yourself more marketable? Career planning means taking your own steps at being aware of the opportunities available out there. You should keenly investigate labor trends and get hold of training opportunities. There is a high probability that you will be taking on more than 1 job in your lifetime, and by means of a well designed career planning system, you have a better chance of succeeding at your chosen career path. Through these, you are able to gain skills and experience, making you an even more productive and marketable employee.

The top money making majors vary every year. These majors though most of the times are the hardest to complete, are usually the most rewarding at the end. I just looked up these statistics because I was curious about my major which is economics. Here I will compile a list of the top college majors to make money; I will then list the types of jobs you can get with that major.

1.)Any type of engineering. This includes Chemical Engineering ($55,900), Electrical Engineering ($52,899), Mechanical Engineering ($50,672), and civil engineering ($45,000). These majors are usually the hardest to complete due to massive homework and projects. They require a lot of mathematical skills which I don’t possess, and many other people don’t. It is not for everybody. The amounts of jobs you can acquire with this are pretty absurd. The employment growth for the majority of engineering jobs is moving at a pace faster than most occupations. The jobs for these majors include: Designing anything from bridges to skyscrapers, to creating medical advancements and much, much more, just google it.

2.)Computer Science ($50,046)- With the endless growth potential of computers and the internet, computer science skills are very important, and because of this, people who have skills in this are paid very well. Believe me when I say, I’ve tried to program on my website and it is pretty impossible for an average joe like me. I tried to outsource some of my work but it would cost a ton. The work load is a ton for this major, but if you are a fan of computers and believe in the future growth of computers and the internet, then this major is for you. Jobs for this major include: Database manager, Systems analyst, Applications programmer, Computer programmer.

3.)Accounting ($45,723) – If you like numbers, this is for you. As for me, I like numbers, but only on my pay checks. This major can be EXTREMELY boring, but it could be worth it for your post college opportunities. I always assume people are lazy, and people will remain lazy and don’t have the knowledge to do their taxes, accountants will always be in great demand. This job has after than average growth.These jobs include: Management accountants, Government accountants, Public accountants, Auditors

4.)Economics/Finance($45,200)- Finally, we get to my major Economics. Let me tell you about Econ. It can be fun, I mean if you are a complete loser like me. With economics you can analyze anything from tacos with computers to clowns and dynamite. It can be very interesting. But on the other hand, with the wrong professor you can have an awfully boring time. If you have an interest in this major, I recommend reading the book “Freakonomics”. This book really opened up my mind to economics. Job growth is very strong for finance and economics. These jobs include: Economists in government, business, academic fields.

More majors you can choose: Business Administration-$40,000, Marketing $37,500, and Liberal Arts at roughly $31,000

A wage garnishment is a legal procedure through which a percentage of a person’s earnings are withheld by an employer for the payment of a debt. Most wage garnishments are made by court order. Other types of wage garnishments are of legal or open procedures made by the IRS or state tax collection agency levies for unpaid taxes and federal agency administrative garnishments for non-tax debts owed to the federal government.

Wage garnishments do not include voluntary wage garnishments. Some debtor’s may voluntarily consort with their employers to turn over a specified amount of their earnings to a creditor to absolve the debt voluntarily, without the use of a court order.

The Wage and Hour Division of the Department of Labor’s Employment Standards Administration has dispensed Title III of the Consumer Credit Protection Act (CCPA) to limit the amount of an employee’s earnings that are garnished and protects employee’s from losing their jobs if their wages are garnished for only one debt.

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Importance of a good college education is inestimable; its profit is incalculable. Although college tuition can cost you a few thousand dollars, not going can cost much more in your lifetime. In fact, there are plenty of available financial aid options to help you face the cost of your college tuition. From federal to private organization, if you are interested in finding financial aid to continue your education, you will surely find an institution to help you. This article explains the importance of a college education and steps to take to find financial aid.

Education aims to provide every individual the physical, intellectual and moral development they need. It allows you to manage your lives and face the demands of the society in which you live. Education has always been essential in human life. From the beginning of time, humankind has sought to invent new technologies to better meet their needs. However, with the advancement of science, higher education is becoming increasingly more important. In developed countries like the United States and Canada, a degree in college is “necessary” to live a life more or less modest.

Not long ago while I was in hospital, I met a pretty woman who was working in the hospital as a Registered Nurse. She seems so happy that I asked questions about the job she was doing and why she is so happy. She started telling me the reason of her joy. Before becoming a RN, she used to work in a restaurant as a dishwasher. When she realized that she was going to lose her fingers by water/sanitizer solution, she decided to get a part time job and went to college. Now, being a RN, she works less, and makes much more money. She told me, “That’s the greatest decision I ever made in my life.”

I am not telling you there is no success in life without a college education, but the chances are slim. Even those who are, because of their talents, succeed without an education are often full of social gap; although money seems to talk in this society. Truly, if he were not educated, Obama would never break the barrier of racism to become the first black president in the US, which for many remains unbelievable. You are not Obama and you will never be; however, you can be a professional in a branch. Nothing is more rewarding than a good professional education.

According to a study published by U.S. Department of Labor, nearly 90 percent of the fastest growing job (mostly in computer and medical fields) require a college education or technical school training. In addition, there is a big difference between college and high school graduates salaries. A college graduate employee in the U.S. earns nearly twice as much as an employee with just a high school diploma. It is estimated that college graduates will earn $ 1 million dollars more than those with only a high school diploma, according to University of Wisconsin-River Falls. If life becomes harder day by day, college education becomes more necessary to cope with the exigencies of the society.

As jobs continue to decline, it becomes more difficult for high school graduates to obtain a “medium-paying job” that was once available. The benefits of a good education are unlimited; having it is as precious as gold and silver. The question is how to pay for that education? If you do not want to take student loans, it may be difficult for you to go college. Find grant is difficult but not impossible. You can find a list of top colleges in the US and all information you need to find financial aid to pursue your education. For details, Visit continuingeducationcollege.com, or visit the link in the resource box below.