• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Maximize Flexible Space Revenue
Home Workforce

Companies Need To Invest In Education To Cultivate New Talent

Various companies, such as IBM, Google, Meta, and others [predominantly in silicon valley] offer educational courses as a path to eligibility for employment in well-paying jobs.

Daniel LehewychbyDaniel Lehewych
July 12, 2022
in Workforce
Reading Time: 6 mins read
A A
Why remote work will win this fall (1)
  • While substandard education does not seal anyone’s fate, it makes it exceedingly likely that its recipients will be far behind those who had received a better education or had excelled to the extent of getting good grades. 
  • Teaching is essential and empowering in creating competent leaders and workers. 
  • When quality education is given, it is taken and used to the benefit of its recipients and eventually becomes the benefit of its investors who have contributed to a more educated society. 

The role that education plays in future success is immense. Earnings and grades are highly correlated at all educational levels. It is not a law that good grades mean future success and bad grades indicate future failure, but instead a high statistical likelihood. 

Education is not the only factor that helps predict future success/failure outcomes. Other factors include parental education levels and systematic institutional problems, among countless others. Something as complex as the cause of bad grades inevitably has a multi-dimensional explanation.  

Advertisements
Disaster Avoidance Experts

One takeaway from this article should not be that getting low grades or a lousy education dooms one to failure; learning never truly has to end.  

While substandard education does not seal anyone’s fate, it makes it exceedingly likely that its recipients will be far behind those who had received a better education or had excelled to the extent of getting good grades. Therefore, teaching is essential and empowering in creating competent leaders and workers.  

Advertisements
Workspaces Run Better On UltraSoftBIS

Given that most Americans do not fit the criteria for having been well-educated (the United States gets a C+ in the future preparedness of students, for instance – not bad, but not good!), it is fair to say that a massive failure on the part of the U.S. education system has occurred that needs fixing. But how?  

Given that the work world is changing rapidly, and the complexity of skill requirements is ever-increasing, it is deeply worrying that so many Americans are not prepared for the future by the education system.  

It is so worrying that historians like Yuval Noah Harari predict that a new class that he coins as “the useless class” will develop out of the working class, in which most of this class will be unable to keep up with the increasingly complex skill demands in the world of work.  

In combination with the education problem, Harari believes that the jobs which compose most working-class jobs are essentially redundant and therefore are easily automatable.  

Advertisements
Workspaces Run Better On UltraSoftBIS

Whether or not this will happen is yet to be seen, but given its intuitive plausibility, Harari’s prediction is something we need to take seriously. The worry is valid, especially considering he is essentially right about the automation of working-class jobs.  

Can corporations help the education crisis?  

Some corporations have taken measures to aid communities disproportionally affected by the flawed U.S. education system. JP Morgan & Chase, for example, have teamed up with Kevin Hart to teach financial literacy in disaffected communities.  

Given that financial literacy is generally not taught in the U.S. education system, this is undoubtedly a good way of going about things.  

More stories for you

Work-related pessimism brings cascading problems. Getty Images. Fortune via Reuters Connect

Toxic Triple Threat Of Pessimism, Uncertainty, And Disconnect Is Crushing The Workforce

1 hour ago
SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

1 hour ago
3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

15 hours ago
Entry-Level Job Market Tightens Further As New Grads Face Rising Rejections

Entry-Level Job Market Tightens Further As New Grads Face Rising Rejections

16 hours ago

Ideally, education reforms should occur to the extent that these materials are widely taught. Still, given the long-term governmental gridlock on the problem of bolstering education, we ought not to expect any such reform anytime soon.  

How many companies are willing to step up to the plate to contribute to furthering the education of the populace? That much is unclear. What is clear, however, is that companies cannot afford a pool of C+ ready workers.  

Various companies, such as IBM, Google, Meta, and others [predominantly in silicon valley], are ahead of the curve in this respect, offering educational courses as a path to eligibility for employment in well-paying jobs.  

Corporations investing in education is a win-win for all 

PwC ranks investing in education as one of its pillars of “maximizing potential” for firms.  

When such investments are made, they do not go to waste. For example, the EYF (Earn Your Future) Program in the U.S. is a multi-million dollar funded program that teaches financial literacy, reaching upwards of 3.5 million American students.  

Advertisements
Workspaces Run Better On UltraSoftBIS

Of its 3.5 million, 78% of students say they have quickly gone on to apply the skills they learned from EYF to their everyday life.   

When quality education is given, it is taken and used to the benefit of its recipients and eventually becomes the benefit of its investors who have contributed to a more educated society.  

The more companies that follow this example or one that is similar – namely, investing in education – the education crisis in the United States will lessen, creating a population – and thereby, a workforce – that goes beyond a C+ for future preparedness.  

How can this not be a win-win for company investors and citizen students? The more educated a workforce is, the more problems companies can solve far into the future. Moreover, companies and society at large will benefit significantly from similarly substantial investments into educating the workforce of all ages.  

Advertisements
Yardi Kube automates flex and coworking operations
Advertisements
Subscribe to the Future of Work Newsletter
Tags: FUTURE OF WORK®LeadershipWorkforce
Share79Tweet50Share14
Daniel Lehewych

Daniel Lehewych

Daniel has been freelance writing for over 3 years now. He cover topics ranging from politics, philosophy, culture, and current events, to health, fitness, medicine, relationships, and mental health. He is currently completing a Master's Degree in Philosophy at the CUNY Graduate Center in New York City, where I specialize in moral psychology, cognitive science, and the philosophy of mind.

Other Stories Recommended For You

Work-related pessimism brings cascading problems. Getty Images. Fortune via Reuters Connect
News

Toxic Triple Threat Of Pessimism, Uncertainty, And Disconnect Is Crushing The Workforce

byFeatured Insights
1 hour ago

Sometimes it feels like the world is on fire—even, if not especially, at work, according to a new report which...

Read more
SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

1 hour ago
3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

15 hours ago
Entry-Level Job Market Tightens Further As New Grads Face Rising Rejections

Entry-Level Job Market Tightens Further As New Grads Face Rising Rejections

16 hours ago
Advertisements
Nexudus - Tech Stack Lovers
Advertisements
Nexudus - Tech Stack Lovers

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00