Quote:
Originally Posted by Unregistered
I think you misunderstood my statement. I was not saying only 20% of grad are women and only 20% of all women drop out. I said assume 20% of 20% (of the cohort) are woman who drop out, it will be 4% of the cohort.
For example; If out of 100 person only 20% made it to local U. And out of 20%, assume half (10%) are men and half(10%) are women, 4% of cohort would means 40% of women drop out. That is more than enough as I don't think 40% of grad women drop out of workforce. So if majority (say 80%) of remaining 16% still makes more than $10K/month, the % will be 13% just for grad alone. But MOM stats is showing 9% for all in the age group of 35-39 which include grad and non grad.
I don't refute the fact that many grad in their 30s makes more than $10K/month, I just don't believe they are the majority. I have many local graduates in their mid 30s applying for jobs in my companies and their existing and asking salaries are in the $6-8K, even from large MNCs.
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I appreciate your sharing of realistic numbers.
You mentioned your company receives job applications with asking salaries in the 6-8k range. Do you have applicants coming from banking and financial services background? In general, do these finance professionals command higher salaries?