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02-09-2015, 12:36 AM
(02-08-2015, 11:23 AM)Dutz Wrote:(02-07-2015, 09:50 PM)AcilletaM Wrote:Quote:If a person has the option of going to Harvard or becoming a plumber, he said he would suggest thinking about the plumbing career.
“The Harvard graduate on average will never catch up to a plumber,” Bloomberg said. “Partially because the first four years — instead of spending $60,000, you make $60,000.”
I agree with him on this. I know there are quite a few people on here with computer related jobs and I'm sure you would agree that while you can make decent money the cost of schooling is becoming more and more ridiculous and even after graduating with a Bachelors or Masters you still could have your job outsourced.
One other thing about plumbing, you can't outsource it to India.
The numbers disagree. The last time I looked a Harvard MBA starts on average at $150,000. And over a lifetime total salaried earned is always higher proportionately with more college.
On a personal note, I am programmer, and during the last 6 years my employee downsized and dropped a 10% salary cut across the board. During each layoff I remained when more experienced and more seniority people did not. The primary reason was my master's degree. Not that it made me better, it made me more marketable to clients.
Bloomberg Business puts it little lower but you are correct as far as MBAs. Last I checked though, Harvard offered a lot more than just MBAs.
Dutz, I don't know you or your skills and this is not a comment about them in any way, but I would argue the primary reason you are still there is you provided more value than the others. Your marketability was part of the equation but so were salary costs to the company. I could be wrong but when you mention people with more seniority/experience were let go it makes me think the salary costs were a major factor and they provided less value to the company than you.
(02-08-2015, 11:23 AM)Dutz Wrote:
The numbers disagree. The last time I looked a Harvard MBA starts on average at $150,000. And over a lifetime total salaried earned is always higher proportionately with more college.
On a personal note, I am programmer, and during the last 6 years my employee downsized and dropped a 10% salary cut across the board. During each layoff I remained when more experienced and more seniority people did not. The primary reason was my master's degree. Not that it made me better, it made me more marketable to clients.
Bloomberg Business puts it little lower but you are correct as far as MBAs. Last I checked though, Harvard offered a lot more than just MBAs.
Dutz, I don't know you or your skills and this is not a comment about them in any way, but I would argue the primary reason you are still there is you provided more value than the others. Your marketability was part of the equation but so were salary costs to the company. I could be wrong but when you mention people with more seniority/experience were let go it makes me think the salary costs were a major factor and they provided less value to the company than you.
(02-07-2015, 09:50 PM)AcilletaM Wrote:Quote:If a person has the option of going to Harvard or becoming a plumber, he said he would suggest thinking about the plumbing career.
“The Harvard graduate on average will never catch up to a plumber,” Bloomberg said. “Partially because the first four years — instead of spending $60,000, you make $60,000.”
I agree with him on this. I know there are quite a few people on here with computer related jobs and I'm sure you would agree that while you can make decent money the cost of schooling is becoming more and more ridiculous and even after graduating with a Bachelors or Masters you still could have your job outsourced.
One other thing about plumbing, you can't outsource it to India.
The numbers disagree. The last time I looked a Harvard MBA starts on average at $150,000. And over a lifetime total salaried earned is always higher proportionately with more college.
On a personal note, I am programmer, and during the last 6 years my employee downsized and dropped a 10% salary cut across the board. During each layoff I remained when more experienced and more seniority people did not. The primary reason was my master's degree. Not that it made me better, it made me more marketable to clients.
Bloomberg Business puts it little lower but you are correct as far as MBAs. Last I checked though, Harvard offered a lot more than just MBAs.
Dutz, I don't know you or your skills and this is not a comment about them in any way, but I would argue the primary reason you are still there is you provided more value than the others. Your marketability was part of the equation but so were salary costs to the company. I could be wrong but when you mention people with more seniority/experience were let go it makes me think the salary costs were a major factor and they provided less value to the company than you.