News PHD SALARIES IN US HAVE GROWN MUCH FASTER THAN IN CANADA

PhD Salaries in US have grown much faster than in Canada

24 November, 2015

Study PhD in USA or Canada
A new report suggests, many students expect getting PhD in Canada is unlikely to provide the return in money and time. The study estimates only two percent of jobs require a doctoral degree and low starting salaries.

Jessica Edge, one of the co-authors of the report from the conference board of Canada said, Most PhDs would say $50000 is low for where they are. In early 30s with years of education.  Only about 20% of students who are graduated with higher degree end up with full time teaching jobs in post secondary education.


Even now a lot of employers donít know the skills of PhD graduate. So they donít know what to do with them said, Dr.Edge.


Over the past decade across the country the number of PhDs has grown and the government has pumped money in to graduate degrees. Higher education will lead to innovation and productivity but employers havenít bought that message.


In 2014 within a 3 month the million jobs were posted out of which 4000 clearly listed a PhD as a requirement. Another 13000 similar positions are classified as possibly benefiting from PhD.


In recent studies many problems are identified and cannot be solved by proving students with more professional training. Therefore PhD salaries in US have grown much faster than in Canada.


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