Exploring the Importance of Low Wage, High Social Value Careers

Autor/inn/en	Baum, Sandy; Espinosa, Lorelle
Institution	Postsecondary Value Commission
Titel	Exploring the Importance of Low Wage, High Social Value Careers
Quelle	(2021), (15 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	College Graduates; Career Choice; Race; Ethnicity; Social Responsibility; Educational Attainment; Employment Qualifications; Salary Wage Differentials; Gender Differences; Socioeconomic Status; Majors (Students); Compensation (Remuneration); Social Attitudes; Social Values; Females; Minority Groups; Disproportionate Representation; Bachelors Degrees + Suchen Sie Ihr Suchwort? Hochschulabsolvent; Hochschulabsolventin; Rasse; Abstammung; Ethnizität; Soziale Verantwortung; Bildungsabschluss; Bildungsgut; Employment qualification; Vocational qualification; Vocational qualifications; Berufliche Qualifikation; Geschlechterkonflikt; Socio-economic status; Sozioökonomischer Status; Abfindung; Kompensation; Lohnausgleich; Social attidude; Soziale Einstellung; Sozialer Wert; Weibliches Geschlecht; Ethnische Minderheit; 'Bachelor''s degrees'; Bachelor-Studiengang
Abstract	Many college graduates who earn less than their peers are employed in occupations that bring significant benefits to society, as well as high levels of personal satisfaction. It is not easy--nor is there agreement on how--to precisely define the social value of these occupations or to measure the magnitude and distribution of their benefits--but understanding this issue is critical to considering the payoff to higher education. This paper explores these low wage, high social value occupations in the context of defining and measuring postsecondary value. It begins by outlining variations in wages for occupations that require similar levels of education and then discusses the relationship between college major, gender, race/ethnicity, socioeconomic status, and occupation choice, as well as the importance of examining the total compensation associated with these occupations. The paper concludes with recommendations for how to measure the value of these low-wage, high social value careers as well as how to incorporate the value of these careers into the Postsecondary Value Framework. (ERIC).
Anmerkungen	Postsecondary Value Commission. Available from: Bill & Melinda Gates Foundation. e-mail: ValueCommission@IHEP.org; Website: https://www.postsecondaryvalue.org/
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01