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Job Futures. Western Quebec School Board. Kelly Butler – Career Education Consultant.

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Presentation on theme: "Job Futures. Western Quebec School Board. Kelly Butler – Career Education Consultant."— Presentation transcript:

1 Job Futures. Western Quebec School Board. Kelly Butler – Career Education Consultant

2 So What Are Your Options? High School Diploma College Vocational Education Apprenticeship Training Cegep – University Voluntary work Work/Travel abroad

3 Financial Facts: Straight after High School Average full time wage $9.00 an hour After graduating: Full-Time hours = 35 hours/week Full-Time hours = 35 hours/week Monthly Salary = $1260.00 Monthly Deductions = $172.66 income tax $34.04 EI $30.98 PP Net Salary = $255.74 per week $1022.98 per month $12,275.76 per year

4 Income Breakdown Hours P/week Hourly Rate Income p/week Income p/month Income p/year 35: 9am -5pm $7-10 G: $245-350 N: $198-284 G: $980-1400 N: $792-1136 G: $11,760-16,800 N: $9,504-13,632 40:8am-5pm$7-10 G: $280-400 N: $227-324 G: $1120-1600 N: $908-1296 G: $13,440-19,200 N: $10,896-15,552 45:8am-6pm$7-10 G: $315-450 N: $255-365 G: $1260-1800 N: $1020-1460 G: $15,129-21,600 N: $12,240-17,520 50: 6 days $7-10 G: $350-500 N: $284-415 G: $1400-2000 N: $1136-1660 G: $16,800-24,000 N: $13,632-19,920 58 hour week $7-10 G: $406-584 N: $329-461 G: $1624-2,334 N: $1316-1844 G: $19,488-28,000 N: $15,792-22,120

5 Typical Individual Budget. A Net Monthly Income of $1,300 would allow you to budget like this.

6 Allowance for one person not including personal luxuries. Cost Per Month – One Person Cost Per Month – Two People sharing Housing$575.00$287.50 Telephone$30.00$15.00 Transportation$100-300.00$100-300.00 Hygiene/Laundry$50.00$50.00 Food$200.00$200.00 Utilities$120.00$60.00 Misc$100.00$100.00 Total amount needed per month $1175-1375 $1585-1685 divided by two = $812.50-1012.50

7 Average Earnings by Level of Education (all ages)

8 Income Breakdown with Voc. Ed. Diploma Hours P/week Average Hourly Rate Income p/week Income p/month Income p/year 35: 9am -5pm $15 G: $525 N: $414.75 G: $2100 N: $1659 G: $25,200 N: $19,908 40:8am-5pm$15 G: $600 N: $450 G: $2400 N: $1800 G: $28,800 N: $21,600 45:8am-6pm$15 G: $675 N: $486 G: $2700 N: $1944 G: $32,400 N: $23,328 50: 6 days $15 G: $750 N: $542.25 G: $3000 N: $2169 G: $36,000 N: $26,028

9 Income Breakdown with a Salary does not include benefits and union deductions Hours P/week Salary Income p/week Income p/month Income p/year 9am -5pm 9am -5pm$35,000 G: $729.25 N: $527.25 G: $2917 N: $2109 G: $35,000 N: $25,308 $40,000 G: $833.33 N: $602.50 G: $3333.30 N: $2410 G: $40,000 N: $28,919.88 $45,000 G: $937.50 N: $677.81 G: $3750 N: $2711.24 G: $45,000 N: $32,534.88 $50,000 G: $1041.67 N: $753.13 G: $4166.67 N: $3012.51 G: $50,000 N: $36,150.12

10 How Education Affects Lifetime Earnings

11 Employment Growth by Level of Education

12 Facts about Vocational and University Education Vocational Programs have a drop out rate of 15% compared to nearly 50% from Cegep. Cegep dropouts are the largest number of new applicants coming into Voc. Ed. A Voc. Ed Diploma plus Sec. V English & French will also give you a High School Diploma!

13 Cont. Most of the Voc. Ed. Programs provide training for companies with the greatest need for trained workers. Going to University does not necessarily guarantee you a great well paid job at the end of your studies.

14 Facts About University/College Costs: *(all estimated averages) Annual Cost Quebec University Ontario University Quebec College Ontario College Tuition etc $2,500 - $3,700 $3,900 - $4,500 $45 $2,500 - $4,000 Books$700 $1000 - $1500 $300 - $1000 $700 Living$6,000 $6,000 - $7,000 $6,000$6,200 Total $9,200 - $10,400 $10,900 - $13,000 $6,345 - $7,045 $9,400 - $10,900 Savings in Quebec $1,700-$2,600$3,045-$3,855

15 Conclusion For further information about Post Secondary Education please contact: Kelly Butler Career Education Consultant kbutler@wqsb.qc.ca


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