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. ...Show more


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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