Showing posts with label employment. Show all posts
Showing posts with label employment. Show all posts

Can I pay in bushels of corn?

Early on in my search for a graduate program my wife and I had that discussion that every couple has about continuing education -- what's it going to cost us?

She's just finished up her second degree and is getting ready to re-enter the workforce. I've been working for several years, making my way up the ladder. But bills are bills and there's no such thing as a free education, right?

Indeed. My tuition for the MAB program will should be a total of $22,000 (books included) plus whatever extra costs I accumulate in travel, housing and my elective course during the second year. All in all, it's pretty affordable compared to other programs, especially when you look at business programs.

I'm fortunate that my employer will reimburse me 50% of the tuition and 100% of books and fees. I just have to promise I won't take my degree and skip town for a new gig. They see it as an investment and I see it as a perk.

According to an article on HR Management, 75% of all companies with more than twenty employees and almost all large employers offer some type of reimbursement benefit. Companies are spending anywhere from $16 billion to $55 billion for employee development.

I'll be curious to see how many of my classmates are benefiting from this type of opportunity. For a professional program like MAB, I'd think an employer's nuts not to chip in if possible.

A future in agribusiness.

One of the things that bodes well for having an advanced degree in agribusiness is the number of job opportunities available.

I'm not job hunting, but if I were, I think it wouldn't be too hard to find employment in any agri-industry right now.

I was fishing around on AgCareers.com in search of some stats on the employment outlook for the industry. They do a comprehensive report each year, but I'm too cheap to buy the data. Plus, as I don't work in human resources, I don't know what I do with it all once I was done reading.

Regardless, here are a few interesting tid-bits they share free-of-charge on the site:
  • Greater than 95% of companies experienced an increase in salaries of greater than 2.1% in the last twelve months
  • More than 30% of agribusinesses experienced employee turnover greater than 20%
  • 74.4% of companies estimate they will have 1 to 5% of employees expected to retire in the next 2 years

If you do work in H.R., or if you're not as cheap as me, you can buy all of the 2007 data here for $295.