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Does Education Pay - Essay Example

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Does Education Pay

The present study “An investigation into the relationship between wage and education in China” has been a journey for the researcher. The significance of the subject can be gauged from its finding that in China, the correlation between educational attainment and wage were though found to be positive, but the strength of relationship was so feeble that it was imperceptible in three out of four companies surveyed. The company whose salary structure and the human resources management system was comparable to that of the west showed much stronger correlation between educational attainment and wage than the other three companies. This finding has many significant implications both at the national level and at the individual level. At the national level, the researcher feels that the human development in China needs to start at removing the anomaly of low positive correlation between educational attainment and wages. The idea is that each individual is accounted and looked into as a potential movable asset for her or himself, the family and for the nation as a whole. The country, the families, and the people must identify ways and means to harness full potential of these movable assets. A question arises here that if these movable assets were in the hands of the developed nations, what they would have done to them and how they would have harnessed the energy and potential packed in each of these assets. The Chinese governments at the national, provincial and at local level need to ingrain the “people first” attitude in all their policies and other manifestations. ...
My evaluator, Dr. __________ has been my lighthouse. In the ocean of knowledge, not knowing where to start and when to stop, without following his direction, I would have been completely lost. I would like to thank him for teaching me how to navigate through the ocean of knowledge. I would also like to thank all of my colleagues for spending their valuable time for the survey. A literary assignment of this nature takes a years to materialise, the foundation for which is laid down early in life and by parents. Their able upbringing, personal sacrifice and high regard for pursuit of knowledge have been the chief factors for my being able to prepare this dissertation. I would like to express my profound gratitude to my parents whose relentless support and encouragement could make me to see this day. Researcher Table of Contents Abstract 4 Acknowledgement 5 Table of Figures 9 List of Tables 10 Photo credit 10 Chapter 1: Introduction 12 1.1 Introduction 12 1.2 Background 12 1.3 Research Significance 13 1.4 Research Statement 17 1.5 Research Aims and objectives 18 1.5.1 Aims 18 1.5.2 Objectives 18 1.6 Research Method 18 Chapter 2: Theory and Hypothesis 20 2.1 Introduction 20 2.1.1 Definition and concept of education 20 2.1.2 Definition and concept of wages 20 2.2 Relationship linking wages and education 21 2.2.1 United States Context 22 2.2.2 The Canadian context 27 2.2.3 The Brazilian Context 28 2.2.4 The UK Context 29 2.2.5 The Sudanese Context 30 2.3 Hypotheses 33 2.4 Conclusion 34 Chapter 3: Research Methodology 36 3.1 Introduction 36 3.2 Research Design 36 3.2.1 Theoretical vs. empirical 38 3.2.2 Nomothetic vs. ideographic 38 3.2.3 Cross-sectional vs. longitudinal study 38 3.3 Research Method 39 3.3.1 Qualitative vs. quantitative study 39 3.3.2 ...Show more

Summary

The research aims to quantify the strength of relationship between wage and education; to make studied recommendations on future course of studies on the subject; to present best available information on various aspects linking wage and education; to enhance the domain of knowledge in the subject. …
Author : bergstromsavann
Does Education Pay essay example
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