What’s the cost of your chosen job?

I don’t know about you but when I was growing up my parents had a very clear idea about which jobs would allow me to be financially comfortable (namely, lawyer, doctor, engineer) and which ones wouldn’t (writer, artist anything creative). Unfortunately for them I displayed more creative qualities from an early age than I did the scientific.

Some thirty or so years on and they are shocked to learn how much some professions can make. A creative designer, photographer etc.. and how society has started valuing certain professions differently. 

There are numerous sources showing the average salary of a variety of jobs, some can be found in the resources for this blog. However a key discussion we do need to have with students is around cost benefit. For instance does the average salary of a pharmacist justify the years of training? Does the average salary of a CEO justify the risk? It’s easy for students to look at average salaries and think ‘I want that!’, but are they willing to put in the work? And that’s a serious discussion we need to have rather than assuming they should be. Some people don’t want to take risks of entrepreneurship, others don’t want to spend 5 years training for a job and all of that is ok. 

The other catch is that sometimes jobs can seem cooler than they are. Job Descriptions are valuable here. Get students to look at Job descriptions online to understand what a job involves. The every day tasks, the responsibilities. 

I was surprised to see when I googled ‘Factors to consider when choosing a career’ none of the lists considered this in any detail. Let me repeat that. When I googled ‘Factors to consider when choosing a career’ many of them didn’t tell you to look at a job description and many more failed to suggest we consider the cost of entering a profession. How does that make sense?

In order to set our students up for success in their chosen careers they have to have a good understanding of themselves. What is their attitude to risk? How would they feel about sitting in lectures for 3-5 years? Do they have the discipline to study for exams for another 3 years? Or longer? Do they want to be in a profession where they have to be requalify? 

I’ve put together some materials to help with these discussions.

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