Relationship Between Wage and Education Level Dissertation

Relationship Between Wage and Education Level - Dissertation Example This paper approves in view of the above, it was observed that although a direct correlation between education and wages could not be established; yet, there is enough peripheral evidence to generalise that the Chinese population, hold education in the right earnest. However, the return to education as documented in many labour studies such as the US Bureau of Labour Statistics (2010); Canadian HRSDC (2008) and US College Board (2007), needs to be investigated. In the subsequent chapter, the researcher intends to draw conclusions from the study discussing the limitations and the recommendations for future works on this subject. This paper analyzes the discussion on the relation between educational and earning which reflected the research undertaken in the western world; most of which have been a strong positive relationship. In the present study involving the four Chinese companies located in four geographic locations spread over China, provided no direct evidence or a very weak positive correlation between educational attainment and wages earned in all the companies except that of China Mobile, a wholly owned subsidiary of China Telecommunications Limited, one of the largest companies in the World, known for its high wage structure and employee benefit programmes. The reasons for this anomaly could be many folds. It recommends Based on the critical review of the literatures and critical analysis of the findings of the primary and secondary study, the researcher recommends that further researcher need to be carried out to ascertain the degree of association with educational attainment and wages earned. As by establishing these facts, more and more children can be persuaded to be educated and as Edward Everett once said, â€Å"Education is a better safeguard of liberty than a standing army.†... 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 S ignificance 13 1.4 Problem Statement 17 1.5 Research Aims and objectives 17 1.5.1 Aims 17 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 21 2.2 Relationship linking wages and education 21 2.2.1 United States Context 23 2.2.2 The Canadian context 28 2.2.3 The Brazilian Context 29 2.2.4 The UK Context 30 2.2.5 The Sudanese Context 31 2.3 Hypotheses 34 2.4 Conclusion 35 Chapter 3: Research Methodology 37 3.1 Introduction 37 3.2 Research Design 37 3.2.1 Theoretical vs. empirical 39 3.2.2 Nomothetic vs. ideographic 39 3.2.3 Cross-sectional vs. longitudinal study 39 3.3 Research Method 40 3.3.1 Qualitative vs. quantitative study 40 3.3.2 Types