Earning Percentage Differences
I agree that the differences in earning percentages between university degree graduates and A-level graduates is justified essentially because of the significant differences in the quality of education learned under these separate circumstances. While A-level graduates complete their vocational courses for roughly two years, university degree graduates on the other hand complete their courses for four years on average.
For the most part, the depth of skills acquisition and assessment in the university level gives university degree graduates the competitive advantage over A-level graduates, hence the justified differences in earning percentages. While being an A-level graduate is not something to be entirely downplayed, it does not stand at par with being a university degree graduate in several instances. For example, university students study their courses extensively while paying careful attention to the most relevant and comprehensive academic disciplines that can help them expand their knowledge and skills.
The length of studying in a university can be considered as the summation of all the practical and theoretical lessons taught in the institution. On the other hand, A-level graduates only spend two years on the average to fully absorb the lessons taught in their vocational courses. The seeming haste in the learning process results to a less comprehensive curriculum that may fail to touch on several important aspects of the courses which, in effect, lower the qualifications of students for future employment (Cardoso & Portugal, 2005).
It is justified for university degree graduates to have higher earnings in the workplace because of their better qualifications with respect to the demands of their positions (Belzil, 2000). Bulkley and Miles (1996) once argued that variations in wages serve as modes of motivation in the workplace. Indeed, if employers are to attract the most qualified graduates for the vacant positions in the workplace, they should offer attractive wage packages for deserving applicants who are university degree graduates.
References Belzil, C. (2000). Job Creation and Job Destruction, Worker Reallocation, and Wages. Journal of Labor Economics, 18(2), 183-203. Bulkley, G. , & Myles, G. D. (1996). Trade Unions, Efficiency Wages, and Shirking. Oxford Economic Papers, 48(1), 75-88. Cardoso, A. R. , & Portugal, P. (2005). Contractual Wages and the Wage Cushion under Different Bargaining Settings. Journal of Labor Economics, 23(4), 875-902.
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