The Right Degree to Become a Billionaire

What degree should we study to become a billionaire?

A business-to-business buying platform called Approved Index has studied the list of 100 richest people in the world published by the Forbes magazine.

Based from the data they gathered, they found out that engineering graduates are the richest with an average wealth of 25.8 Billion US Dollars. They are followed by those who didn’t have a degree and their average net worth is 24 Billion US Dollars and the third spot was taken by those who studied finance with an average net worth of 22.5 Billion US Dollars.

Bill Gates, the richest person in the world whose fortune is around $79bn, is a known drop out of Harvard as well as the founder of Facebook, Mark Zuckerberg, the youngest person to be included in Forbes’ top 100 with a $33.4bn net worth.

Here’s the list of average wealth by degree published by Approved Index:

  1. Engineering ($25.77bn)
  2. None ($24.03bn)
  3. Business ($22.5bn)
  4. Economics ($22.1bn)
  5. Arts ($20.51bn)
  6. Other ($19.66bn)
  7. Math ($17.75bn)
  8. Finance ($15.83bn)
  9. Law($13.2bn)
  10. Science ($12.08bn)
Contributed by: TEACHER NATSU
Vocabulary Enhancement:

  1. Gather – come together; assemble or accumulate
  2. Wealth – an abundance of valuable possessions or money
  3. Net worth – is the total assets minus total outside liabilities of an individual or a company
  4. Fortune – a large amount of money or assets
  5. Drop out – abandon a course of study
Perspective Exchange:

  1. Which degrees are currently in demand in your country? Why do you think they are in demand now?
  2. Should we measure someone’s wealth through his/her education? Why or why not?
  3. Some people say that education is not only the key to success, the behaviour and personality of a person also affects his/her success. Please state your opinion and give reasons.

What degree should we study to become a billionaire? A business-to-business buying platform called Approved Index has studied the list […]


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Level:

Intermediate

Lowest Paying Jobs in USA

 

 

Do you know which jobs in USA have the lowest pay?

The Bureau of Labour Statistics has revealed that more than 22% of Americans have the lowest paying job. According to their statistics, 6 out of ten worst paying jobs are different kinds of jobs within the food service industry.

Here is the list of ten lowest-paid workers in United States ($ per year):

  1. Shampooers ($18, 500)
  2. Food preparation and serving workers ($18, 720)
  3. Fast Food Cooks ($18, 780)
  4. Dishwashers ($18, 930)
  5. Counter attendants, cafeteria, and coffee shop ($19, 430)
  6. Hosts, hostess, and servers ($19, 570)
  7. Dining room, cafeteria attendants and bartender helpers ($19, 600)
  8. Farmworkers and Labourers ($19, 990)
  9. Amusement park attendants ($20, 020)
  10. Ushers, lobby attendants and ticket takers ($20, 320)
Contributed by: TEACHER NATSU

 

Vocabulary Enhancement:

  1. Statistics – collection of data based from the estimated population count
  2. Shampooers – people who works in hair salons where they shampoos the hair of the customers
  3. Ushers – someone who is stationed at the entrance of a building and give seats
  4. Living wage – salary; earnings; the minimum wage in US at the moment is $7.25 an hour

 

Perspective Exchange:

  1. What is the standard living wage in your country? Do you think it’s enough? Why or why not?
  2. What do you think about the lowest-paying jobs in the US?
  3. What do you think are the lowest paying jobs in your country?

    Do you know which jobs in USA have the lowest pay? The Bureau of Labour Statistics has revealed […]


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Level:

Intermediate

Lowest Paying Jobs in UK

 

 

Do you know which jobs in UK have the lowest pay?

Trades Union Congress (TUC) did a research where they found out that more than 5 million workers in Britain are earning less than £9.15 an hour in London and £7.85 an hour outside London.

Based from their research, more than half of the workers from Birmingham Northfield, Kingswood and the Northern Wales are underpaid compared to workers from other cities.

Jobs from the retail, cleaning and hospitality industries are included in the list. TUC added that low-pay workers are more likely to become unemployed and they will find it more difficult to find a better job.

Here are the lowest-paid jobs in UK (£ per year):

  1. Waiters and waitresses (£12, 507)
  2. Bar staff (£12, 948)
  3. Hairdressers and barbers (£13, 373)
  4. Kitchen and catering assistants (£13, 396)
  5. Launderers, dry cleaners and pressers (£13, 767)
  6. Retail cashiers and check-out operators (£13, 911)
  7. Playworkers (£14, 023)
  8. Cleaners and domestics (£14, 164)
  9. Nursery nurses and assistants (£14, 305)
  10. Other elementary services occupations (£14, 575)
Contributed by: TEACHER NATSU

 

Vocabulary Enhancement:

  1. Trades Union Congress – an organisation created in Manchester, currently they are campaigning for workers’ rights and safety of workers
  2. Underpaid – pay too little
  3. Retail – the selling of goods to consumers; usually in small quantities and not for resale
  4. Hospitality – kindndess in welcoming guests or strangers
  5. Playworkers – people who work to create and maintain spaces for children to play
  6. Elementary services occupations – simple jobs for example, selling of products in the streets and public spaces, door-to-door selling, providing street services like cleaning, washing, etc., taking care of houses, hotels, offices and other buildings, etc.
  7. Living wage – salary; earnings

 

Perspective Exchange:

  1. What is the standard living wage in your country? Do you think it’s enough? Why or why not?
  2. What do you think about the lowest-paying jobs in UK?
  3. What do you think are the lowest paying jobs in your country?

    Do you know which jobs in UK have the lowest pay? Trades Union Congress (TUC) did a research […]


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Level:

Intermediate

Merry Christmas Traditions: The Colours of Christmas – Part 2

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Why do we use certain colours during Christmas?

Red. Like the colour green, the colour red was also used in the past for the apples of the paradise tree. Additionally, it is the colour of Holly berries which is said to represent Jesus’s blood when he died on the cross. It has become Santa’s uniform as well.

Gold. It is the colour of the Sun and light which is very important in the dark winter. Gold was also one of the presents given to baby Jesus by one of the three wise men and traditionally the colour used to show the star that the wise men followed to see baby Jesus.

Contributed by: TEACHER NATSU

 

Vocabulary Enhancement:

  1. Paradise tree – talks about the tree in which Adam and Eve (the first people in the bible) ate the forbidden apple
  2. Holly – any tree or shrub that has red berries and shiny evergreen leaves
  3. Three wise men – according to the bible, these were the group of foreigners who visited Jesus and gave various gifts. They have an important part in the Christian tradition

 

Perspective Exchange:

  1. Do you often see these colours in your country during Christmas season?  If not, please tell us what colours you often see then.
  2. Do these colours have different meaning in your country? If so please explain.
  3. What are the other colours used in your country to decorate Christmas?

    Why do we use certain colours during Christmas? Red. Like the colour green, the colour red was also […]


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Level:

Beginner

Merry Christmas Traditions: Christmas Bells

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Why do people use bells on Christmas?

Bells, more specifically Church bells have long been associated with Christmas. Anglican and Catholic Churches start their church day at sunset. They use bells to signal the start of the church service.

In UK, churches traditionally rung the largest bell in the Church four times in the hour before midnight and then all the bells are rung at midnight for the celebration.

In the Catholic Church, however, Mass is allowed to be held at midnight only in Christmas Eve (December 24). The reason why is because the early Christians believed that Jesus was born at midnight.

Some Catholic countries such as France, Spain and Italy, the midnight service is very important and everyone tries to go to a service as much as possible.

In Victorian times, people go carol singing with small hand bells. Sometimes there would be no singing and they would only play the hand bells. Even nowadays, the bells are still popular.

Contributed by: TEACHER NATSU

 

Vocabulary Enhancement:

  1. Associate – make a connection
  2. Anglican – pertaining to the National Church of England which has different practices and beliefs compared to the Catholic Churches
  3. Signal – communicate by signals or signs
  4. Carol – joyful religious songs celebrating the birth of Jesus

 

Perspective Exchange:

  1. Do people in your country go to church to celebrate Christmas?
  2. Does your country use bells during Christmas? Why?
  3. What kind of items does your country use during Christmas?

    Why do people use bells on Christmas? Bells, more specifically Church bells have long been associated with Christmas. […]


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Level:

Beginner

2014’s Most Stressful Jobs – Part 2

DEC. 02 435-illust_(nov30)2014's Most Stressful Jobs2

 

 

Is your job stressful? What is the most stressful job in the world?
  1. Public Relations Executive.

They help the people from the government, businesses and others to keep a positive image with the public.

  1. Corporate Executive (Senior)

They don’t have job securities and they create new policies and manage the operation of the business. If the company is not doing well, they are the ones who are usually being blamed.

  1. Newspaper reporter.

They search relentlessly for news and events which they think are worthy to be printed by the newspaper company.

  1. Police Officer

To put it simply as well, they protect us from crime and they deal with dangerous people almost every day of their lives.

  1. Taxi Driver

They are always out on the road and they face traffic all day and night.

Contributed by: TEACHER NATSU
Vocabulary Enhancement:

  1. Security – freedom from risk or danger; safety
  2. Blame – to hold responsible; to find fault with
  3. Relentlessly – steady and persistent; refusing to give up
  4. Worthy – having value or importance

 

Perspective Exchange:

  1. Is your job stressful? How so? Please describe.
  2. Do you think these jobs listed in the article are stressful? Why or why not?
  3. What are the other jobs that you think are stressful?

    Is your job stressful? What is the most stressful job in the world? Public Relations Executive. They help […]


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Level:

Beginner

2014’s Most Stressful Jobs – Part 1

DEC. 01 435-illust_(nov25)2014's Most Stressful Jobs

 

 

Is your job stressful? What is the most stressful job in the world?

We all face work-related responsibilities in our jobs that come with challenges. Often, these challenges are unpredictable and sometimes dangerous. Fire fighters, military personnel, police officers are among those who are working in a dangerous environment, therefore, their stress is no laughing matter. Of course, not all stress comes from danger. There are other jobs such as public relation, newspaper reporting and event coordinating which are also stressful.

In this article, we list the 10 most stressful jobs of 2014 reported by CareerCast.com.

  1. Military Personnel.

They have a very different level of responsibility. They have to fight a battle on the front line, avoid landmines and save civilians who are caught in the middle of a war.

  1. Military General

They do the planning during combat and their plans will have an impact on both the success of military operations and the safety of their soldiers. Try to imagine being responsible for someone else’s life.

  1. Fire Fighter

To put it simply, they protect people and save lives and property from the damages of fire.

  1. Airline Pilot.

They feel pressured to transport people and cargo on a fixed schedule even though they don’t have control of the weather.

  1. Event Coordinator.

They are responsible for planning all activities related to the event. They have to talk to countless of people and organization and without them there will be no event at all.

Contributed by: TEACHER NATSU

 

Vocabulary Enhancement:

  1. Unpredictable – difficult to foretell (guess) or foresee
  2. No laughing matter – a serious issue or problem
  3. Front line – the visible forefront in any action, activity, or field
  4. Civilians – non-military citizen
  5. Combat – a battle; a fight
  6. Impact – the effect or impression of one thing on another
  7. Cargo – goods carried by a large vehicle such as ships, planes and trucks
  8. Countless – too many to count

 

Perspective Exchange:

  1. Is your job stressful? How so? Please describe.
  2. Do you think these jobs listed in the article are stressful? Why or why not?
  3. What are the other jobs that you think are stressful?

    Is your job stressful? What is the most stressful job in the world? We all face work-related responsibilities […]


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Level:

Beginner

How Does Employee Turnover Affect A Company? – Part 3

431-illust_(nov19)How does Employee Turnover Affect A Company – Part 1

 

 

What are the effects of employee turnover? 
  • Overworked employees. There are some employees who need to work extra hours to complete the work of those who left. Even if they are paid for overtime, it will have a negative effect on their quality of work and job satisfaction. The longer they have to do overtime job, the more difficult it will be for the company to get the employees’ goodwill even after a replacement has joined.
  • Cultural impact. When an employee quits, others wonder why and how it happened and they may become depressed about it. If you add this to their unhappiness because of their additional responsibilities, it can cause other employees to look for jobs elsewhere.
  • Customer service and mistakes. Since they are new in the company, they will require more time to get used to their jobs. This will result in expensive errors (like in the healthcare industry). Additionally, it can cause customer dissatisfaction and complaints if they didn’t deliver a good customer service.
  • Contributed by: TEACHER NATSU

     

    Vocabulary Enhancement:

    1. Satisfaction – the state of being satisfied or contentment
    2. Goodwill – a tendency to kindness and compassion (sympathy for others)
    3. Errors – faults or mistakes
    4. Dissatisfaction – the feeling of being displeased and discontent; opposite of satisfaction

     

    Perspective Exchange:

    1. How long do you think a new employee needs to get used to his new job?
    2. Does it affect you when a co-worker leaves your company? How does it affect you?
    3. Can you give other elements or factors of employee turnover?

     

        What are the effects of employee turnover?  Overworked employees. There are some employees who need to work extra […]


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    Level:

    Advance

    How Does Employee Turnover Affect A Company? – Part 2

    432-illust_(nov20)How does Employee Turnover Affect A Company – Part 1

     

     

    What are the effects of employee turnover?
    • Hiring, recruitment and advertising. The recruiting staff, HR or hiring manager have to devote time and expense to advertising job vacancies, screening resume, and interviewing. Additionally, it would cost more if the company hire an external recruiting firm.
    • Training for the new hire. It involves expenses to training and management’s lost time. Sometimes there are some newly hired employees who only last a few months.
    • Training expenses. For the first 2 or 3 years of training, the company has to spend at least 10-20% of salary for the employee. Additionally, someone would have to check the new employee’s work even after the training to know if the employee has proven himself. So the trainers are losing their time out instead of using that to their specific tasks.
    • Loss of motivation and engagement of other employees. If a company has a high turnover rate, the remaining employees will feel less motivated and less engaged which would mean, production will be less as well.
    Contributed by: TEACHER NATSU

     

    Contributed by: TEACHER NATSU

     

    Vocabulary Enhancement:

    1. HR – Human Resource; a department in a company that is responsible for hiring people and managing employee and employer related issues
    2. Devote – use entirely for a specific person, activity, or cause
    3. Vacancies – an unoccupied position or job
    4. Screening – testing objects or persons in order to identify those with particular characteristics
    5. Expenses – money spent paid for goods and services
    6. Prove – provide evidence for
    7. Losing (something) out – to waste something; to cause or result in the loss of;
    8. Engage – carry out or participate in an activity; be involved in
    9. Production – the act and process of producing something

     

    Perspective Exchange:

    1. Do you think employee turnover is harmful to a company? Why or why not?
    2. They said that a new employee needs at least 2 years to get used to the job and do it effectively. Do you agree? Why or why not?
    3. Can you give other elements or factors of employee turnover?

        What are the effects of employee turnover? Hiring, recruitment and advertising. The recruiting staff, HR or hiring manager […]


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    Level:

    Advance

    How Does Employee Turnover Affect A Company? – Part 1

    431-illust_(nov19)How does Employee Turnover Affect A Company – Part 1

     

     

    What is Employee Turnover?

    Let’s define Employee Turnover first. According to Wikipedia, Turnover, staff turnover or labour turnover is the measurement in which an employer loses and gains employees. In simple terms, it describes how long an employee tends to stay in the company. The cost for employee turnover is difficult to imagine and a high turnover can be harmful to a company’s profit.

    What are the effects of employee turnover? Below are the lists of factors that determine the costs an employer encounters when employees leave the company.

    • Lost productivity. If someone leaves, there might be no one to take the position for some time. Even if another employee covers for that job, some tasks will be left undone. Even if there is an immediate replacement for the lost employee, it might take him up to 2 years to be efficient and effective on his job.
    • Lost knowledge. Employers might hire someone who can perform the responsibilities better than the previous employee; they might even perform the job better. However, they lack in knowledge the lost employee had in terms of things like: passwords, traditions, where relevant information is located, boss’s preference, knowing people, and other information that comes from doing the job.
    Contributed by: TEACHER NATSU

     

    Vocabulary Enhancement:

    1. Employer – a person or firm that hires workers
    2. Employee – a worker who is hired to perform a job
    3. Harmful – causing or capable of causing harm or damage
    4. Factors – anything that adds to a result; elements or components
    5. Encounter – come upon; meet with; as if by accident
    6. Efficient – doing the job properly without wasting time, expense and effort
    7. Effective – able to finish a job or accomplish a purpose; doing the job properly
    8. Relevant – having connection with the subject or issue; applicable
    9. Preference – a strong liking

     

    Perspective Exchange:

    1. Do you think employee turnover is harmful to a company? Why or why not?
    2. They said that a new employee needs at least 2 years to get used to the job and do it effectively. Do you agree? Why or why not?
    3. Can you give other elements or factors of employee turnover?

        What is Employee Turnover? Let’s define Employee Turnover first. According to Wikipedia, Turnover, staff turnover or labour turnover […]


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    Level:

    Advance