Section 4 Education I CAN Distinguish human capital vs human resources Explain how education plays a role in planning for ALL careers Human Capital vs Human Resources Human Resources just refers to people ID: 389655
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Slide1
Unit 2: Careers and Planning
Section 4: EducationSlide2
I CAN:
Distinguish human capital
vs
human resources
Explain how education plays a role in planning for ALL careersSlide3
Human Capital vs. Human Resources
Human Resources
just refers to people.
If you asked WHS about their human resources, they would probably just give you the number of people who work here
Human Capital
refers to the knowledge, creativity, talents, productivity etc that is brought to the company by their human resources (employees).
One talented, productive employee is better (and cheaper) than lots of uneducated worker bees
This is why you need to BRING IT to get a job!Slide4
Transferable Skills
Skills that will help you in multiple jobs
Typing
Being personable
Mechanics
Writing
Reading
Knowledge of law or policySlide5
Work History
Employers don’t want to train someone with NO knowledge, so…
If you want to be a nurse, make your “teen job” working at a retirement home or hospital, NOT McDonalds
Create a history that promotes TRANSFERABLE SKILLSSlide6
Retraining Networks
As jobs are changed or made obsolete, employees are retrained for new (often related) jobs.
EX: if the secretary is replaced with automated call systems, he/she may be retrained as
a maintenance
tech for the systemSlide7
Education Matters
Form of self-investment
Increases career, occupation, and job opportunities
Generally:
Education
Income Earning Ability
EducationSlide8
Education Matters
Which education level has the
opportunity
to earn the highest income?
Education level
U.S.
median income for each education level (2009)
Examples of occupations that require each education level
housekeeper, cashier
$23,608
bus driver,
home health aide
$32,552
$36,348
cosmetologist
,
fitness instructor
High school graduate
Vocational training- no degree
Not high school graduateSlide9
Education Matters (cont.)
Education level
U.S.
median income for each education level (2009)
Examples of occupations that require each education level
2-Year degree (Associate Degree)
4-Year Degree (Bachelor’s Degree)
Master’s Degree
Professional or Doctorate Degree
paralegal, dental hygienist
teacher, engineer, accountant
physical therapist, psychologist
$39,572
$53,300
$65,364
$79,664
attorney, physician, veterinarianSlide10
CAN I?
Distinguish human capital
vs
human resources
Explain how education plays a role in planning for ALL careers
I can prove this by completing:
Challenge 3A, 3B, 3C, 3D