Searching to find a White collar job: Read it

White collar jobs: Most preferred in employment secotor


People all over the world search for jobs and try to find one of their own choices. Normally they prefer white collar jobs. Everyone is rushing to find it. It is the dream job of every youth. Getting a white color job seems to them as a ticket to heaven. Employers also need white collar employees. White collar job seems to be the best in the employment sector.

Do you also think so?

Please wait for a moment and take some time to read this hub. Calculate if you would be a gainer or loser before rushing an interview for white collar job and to be employed.

White-collar office fashion

Female white-collar office fashion illustrator
Female white-collar office fashion illustrator

How much are you investing on it?


Calculate on an average cost of getting employed in a white collar job and return in terms of money. I am talking of investing money only and not other investments such as time, labor etc. People take a student loan for education and repay the same with interest afterward. Normally they repay the loan in installments. Often they pay for whole life or at least for very long time.

Federal student loan consolidation, best consolidation loan student, refinance with bad credit are some of the top search words in US internet. Do you know why these three phrases federal student loan consolidation, best consolidation loan student, refinance with bad credit are so popular? Why are these top paid keywords?

Because people still love to see their children into white collar job that requires a huge investment. They want to be employed as white collar.The youth force in India, America, European Union or anywhere else are also very much interested in finding a white collar job.

Youngsters in Kerala (India) only looking for white collar jobs

Investment in education: Indian context


One has to invest huge money in educating children to enable him finding a white collar job. This cost is similar everywhere in the world. However, we are discussing Indian context here.

An average English medium school in India costs approximately Rs. twenty-five thousands per Annam. It takes fourteen years of schooling that includes two years in pre-primary, ten years in secondary and two more years for higher secondary to complete basic school education.

Joining a professional course requires this minimum basic education. One has to spend Rupees twenty-five thousands per annum for a period of fourteen years. Thus total cost is Rs. 350 thousand. (This is only the cost of schooling, if one takes tuition or joins a coaching institute, cost escalates enormously). It does not seem much as cost of white collar job, but wait!!!

If you do nothing but put that 25000 every year in a bank, it will be 1.5 million! at the end of fourteen years at an average rate of bank interest in India.

Higher education - investment or waste

Can you believe it?


You have to go to a college or institute teaching professional courses for four more years. Now put this 1.5 million on interest for those four years. It will be 2.3 million approximately. You require another 0.5 million for any professional course that makes you eligible for a white collar job. It will be 0.7 million approximately with interest.

Hence, the total cost of graduation in a professional course comes to three million!!! Is not it a huge amount that needed to get a white collar job? This is only for an average institute. Cost is much higher in elite and renowned institutes. However, I am calculating all costs on an average basis.

White collar workers

The business world vector material
The business world vector material

Lower compensation for white collar job


Compensation for white collar job is not enough. It is much lower in terms of money invested in education.

Unbelievable? Never calculated? Never even thought? Now think for a moment. How much will you get in return in a white collar job??

According to a labor survey conducted by Government of India, only twenty-five percent of the educated engineers and fifteen percent of Management and finance graduates are posted well. So a fair chance of getting a white collar job is twenty percent on an average or only one among five graduates.

If you are lucky enough to get a white collar job and pay package, how much will it be? Normally it will be rupees three to five hundred thousand per Annam. Only very few lucky persons can manage a pay package over half a million.

The pay package of half a million reduces to four hundred thousand after paying income tax.

if you would simply put that three million (you have invested in education) on the interest you could earn anything between three to four hundred thousand per annum. This money is equal to your pay package in a white collar job. A simple calculation shows that either white collars are working free or against a small compensation.

More pain

Generally, employers put their employees far from their own native places. The cost of living in those places are generally higher than that of their native places. This is an added disadvantage.

White collar: US to India

They who want to get a white collar job


They worked hard in their schools, got a good grade. They worked hard to get admission into a good institute; they worked very hard again in the institutes to get good grades and to get a chance in campus placement.After all, they get a white collar job.

They are still working very hard to maintain their white collar job and to please and impress their bosses.They are working hard for a hike, increase or promotion.They think that they are getting good remuneration.

General people envy their salaries or pay packets. However, who are earning actually? Who are the gainers? Obviously the employers, the promoters and business owners and in turn the stockholders but not the white collars. The owners of educational institutes have the last laugh.

White collars are the biggest losers in the industry and business. People believe that they are smart. They themselves, their parents, family, friends and the society at large think them smart. Of course, they are smart in appearance, in education, in dress-up, in lifestyle and of course in their work (Without that employer will not continue them in the job).

Think! Think again!! Before reading the next Para.

Young people prefer white collar jobs in agriculture

Graduate struggles to get white collar jobs in China

Are they financially smart?


They are not financially smart.

I have discussed and calculated all these in the Indian context. However, scenes are not different in America, Europe, Canada, Japan, Australia or in other Asian countries. Pay packages of white collars' are higher than India in many countries but the cost of education is also substantially high. Most of the white collars are the biggest losers whether are Americans, Europeans, Australians or Asians. Do you still like to rush for a white collar job?

Can they ever know it?

They will likely to admit their children again into those schools and institutes dreaming about a white collar job for them. They consider getting a federal student loan or to refinance bad credit. This has become their destiny. Only a few financially smart can get rid of this vicious circle. They will learn the art of investing and enjoy the fruits of it.

Ten most stressful white collar jobs

Do you still prefer a white collar job for yourself or your dependents?

See results without voting

White collar - student loan in Suze Orman show


I saw yesterday in Suze Orman Show:

An American woman is earning $69000 per annum in a white collar job. She asked Suze that she could not save anything out of that because she had a student loan of $ 200,000. It was not specified in the show how much has she repaid and how much she or her parents spent for her. She was asking about federal student loan consolidation, best consolidation loan student and refinance with bad credit despite having a white collar job.

How many people are lucky enough to earn $69000 even in the US? Yet can not save anything!!

Think again!

N. B. The globe was not started facing recession when this hub was written. Now new white collar jobs almost vanish. Pay packages are drying. What will they do who has not yet got a campus placement for a white collar job? How can they repay their loan?

I believe that you have found this information about white collars useful. If it has helped you in any way please feel free to submit it to Digg, Stumble Upon, Mixx, delicious, facebook or wherever you keep your social bookmarking links!

You can also mail it to your friends, family or anyone else you like to send it. They may find it useful and thank you. I will also appreciate your effort.

Updated on 9th June 08

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Comments 35 comments

JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Mohammed,

Thanks for your comment.


Mohammed Sami Ahmed Urooj 6 years ago

Hi All,

First of all thanks to Jyoti for sharing this. Its worth reading. I just had thought about having a green collar jobs where in students can earn while learning .... Those are the jobs where mostly we find NGO's or self help groups does.... these are the ones where it comes to saving environment, utilizing natural resources with optimum use an all ... this is just a thought .....


JYOTI KOTHARI profile image

JYOTI KOTHARI 6 years ago from Jaipur Author

Hi Shivank,

It is better that you will think. Many students have a dream of white collar job without knowing the reality of the same.

Thanks,

Jyoti Kothari


Shivank 6 years ago

Thanks for unique information. I m a student and dreaming for a white collar job. I will rethink my career.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Rajan,

Thanks for your comment.

1. Cost of school education is not exaggerated. I have calculated on an average. Some schools are cheaper but most of them are very costly.

2. Thanks for pointing out two repeated paragraphs. I have removed one.

I agree with you that in most cases parents are liable. They over expect from their children.

Regards,

Jyoti Kothari


C.V.Rajan profile image

C.V.Rajan 7 years ago from Kerala, India

Hi Jyothi,

You have indeed touched a very valid concern. But I would like to comment on a few things:

1) The cost of school education seems highly exaggerated. Not all schools are so costly.

2) The article's readability is affected on account of "key word over-kill".

3) Two paragraphs have been repeated in the article verbatim. Perhaps an editing slip.

In many cases, I would rather blame the parents rather than the students for this sorry state of affairs.

Definitely an eye-opening article.

CVR


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Sunny,

Thanks for your comment. It will worth know insider of a White collar job.

Thanks,

Jyoti Kothari


Sunny 7 years ago

Yes, i agree. Cost of white collar job is much. Compensation is low.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Mohamed,

Thanks for your comment and for passing it to your friends. Please tell me what do you think of this article?

Thanks,

Jyoti Kothari


Mohamed 7 years ago

Very good article. should everyone read.

I already passed this link to my friends circle.

thanks


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Indian lady,

Thanks for your comment. Thanks for compliment.

Jyoti Kothari


Indian lady 7 years ago from India

Excellent hub about white collar job. It is really truth that white collar employees are looser.

Thanks for a good hub.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi Navin,

Yes, I have written this hub about white collar job from different perspective. I wanted to show other side of the coin which people generally ignore while rushing to a white collar job.

Thanks,

Jyoti Kothari


Navin 7 years ago

Jyoti,

Excellent hub about white collar job. This is different from any other article about white collar job.

Thanks,

Navin


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Dear Raj,

Thanks for commenting on White collar job hub.

Jyoti Kothari


raj 7 years ago

This is a goid hubs. it shown me way. I like it hub. i am for white collar job.

now think.

Raj


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Thanks Naveen and Namita for commenting on my hub "Read it before rushing to a white collar job". I hope this will be proved useful for you.

Thanks,

Jyoti Kothari


Namita 7 years ago

Jyoti,

Brain storming article about white collar job. We have never thought about white collar job from this angle.

Excellent and interesting.

Namita


Naveen 7 years ago

Jyoti,

This is a fantastic site about white collar job. I am very much pleased with this article. I will decline to send my wards for white collar job.

Thanks and rated it up.

Naveen


Sunanda 7 years ago

This is a nine one about white collar job. This is thought provoking.

Thanks,

I loved it and rated up.

Sunanda


Yashwant 7 years ago

Jyoti Kothari,

You are right. I am agreed. One of my child is in white collar job i.e. a software engineer and another is a Company Secretary. I am earning much lesser than them but could manage to save a lot. They are unable to save anything.

Most of their earnings go to room rent and other expenses. And of course, in taxes. They are still paying installments of their students loan.

Thanks for an excellent hub.

Thumbs up.

Yashwant


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur Author

Hi David,

Thanks. I appreciate your compliments. I have simply thought and calculated and reached to this conclusion that rushing to a white collar job is crazy. That encouraged me to write this hub.

Thanks,

Jyoti Kothari


David Johnson 7 years ago

Jyoti Kothari,

This hub describes something new. I have not found such angle anywhere else.

One has to think from this angle too. Excellent hub. You are writing mind boggling articles.

Thanks to "Read it before rushing to a white collar job" .

David


Jeniffer 7 years ago

Hi Jyoti,

It is the second of your hub I am reading right now. One, I have read before it was about unemployed youth of India: Problems and solutions. That was very interesting hub but this is per excellence.

Perhaps no one before you thought and written an article about white collar jobs from this angle.

Thanks for an awesome hub. I liked it very much. I love to spread the words.

thanks,

Jennifer


A.Laidlaw 7 years ago

Hi,

This is again a good quality article provoking thought. I am in investor but seeing people rushing for a white color job.

I am agreed with you that white collar employees are not the happiest as oppsite to general belief.

God bless them!

Thanks and thumbs up. I wish to read some more of you.,

A Laidlaw


gaurav lunia 7 years ago

This article presents the truth of the modern era of economic life of an individual.Before investing the potential capacity one should really think what will be it's outcome and i would obviously suggest everybody to read this article and think over carefully.


JYOTI KOTHARI profile image

JYOTI KOTHARI 8 years ago from Jaipur Author

Yes, the issue is for the global community of the white collars.


john schmit 8 years ago

I came here again to look upon the comments.In my opinion some people cannot understand the whole issue. They r thinking it an Indian issue but if I am not wrong u r advocating sdtrongly the misary of white collars globally?

john


JYOTI KOTHARI profile image

JYOTI KOTHARI 8 years ago from Jaipur Author

Free secrets,

I am not talking of India only as i have mentioned that where white collars are paid more like in America, cost of education is also substantially high. I, pointing on the global situation of white collars from a different angle.

I agree that jobs have been transfering from west to east. hence BPO and KPO business is flourishing.


JYOTI KOTHARI profile image

JYOTI KOTHARI 8 years ago from Jaipur Author

Free secrets,

I am not talking of India only as i have mentioned that where white collars are paid more like in America, cost of education is also substantially high. I, pointing on the global situation of white collars from a different angle.

I agree that jobs have been transfering from west to east. hence BPO and KPO business is flourishing.


Cailin Gallagher profile image

Cailin Gallagher 8 years ago from New England

Great Hub. Very interesting thoughts about the current state in India.


freesecrets profile image

freesecrets 8 years ago from USA

Well, since we are on topic of education ...

if investing in education in India is not smart - how about investing in education in US. I don't know about the returns on the money but I do know that more and more high paying jobs are migrating to India now days and US white color workers left with nothing because in India they are willing to work for less...

Interesting huh? I wonder if anyone is thinking about this one....


JYOTI KOTHARI profile image

JYOTI KOTHARI 8 years ago from Jaipur Author

Of course! they should think. But the million dollar question is will they think?'

I am not against education but education should be proper. It should make financially intellegent too.


john schmit 8 years ago

jyoti,

I just forget a thing. Should not we invest less on education? But then scenario may be different. We will live in an illiterate society.


john schmit 8 years ago

This is no doubt the best hub. Extremely thought provoking and mind boggling. Perhaps you are the first one in the world to analyse the topic in this way.

Millions of people are in white collar jobs. They all should rethink.

It is true that employers are getting rich whereas these talented hard workers getting nothing. They should invest in their corporations rather working hard for them.

Invest and sleeeeeep in a beach.

john

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