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Bachelor of Commerce (Digital Marketing) - Postsecondary ...

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Figure 26 – Pay Differential,<br />

University vs. College<br />

Yes<br />

14.5<br />

Figure 27 – Pay Differential,<br />

College Diploma vs. Degree<br />

Not sure<br />

12.7<br />

Yes<br />

25.5<br />

No<br />

85.5<br />

No<br />

61.8<br />

University Degree vs. College Degree<br />

A large majority <strong>of</strong> Employers stated that they would not pay someone more if they had a university<br />

degree over a college degree (Figure 26), usually because the salary is determined for the job itself, and<br />

the type <strong>of</strong> degree a candidate holds would not change the set rate <strong>of</strong> pay. Some Employers stated that<br />

the pay would not be different because college and university degree graduates would have attended<br />

the same approved program, and would have essentially similar skills and qualifications. A couple <strong>of</strong><br />

Employers explained that pay is based more on experience than education, and a few who based salary<br />

on performance.<br />

College students are ready to work, and university students are ready to make money. I'm not<br />

going to reward university students for their sense <strong>of</strong> entitlement.<br />

You either qualify for the opportunity or you don't. Pay is set for the job.<br />

Of the Employers who would <strong>of</strong>fer a higher pay to university graduates, the main reason was that<br />

college degrees do not have an established reputation yet. A few Employers explained that they would<br />

need to know more about the college degree before they decide what to pay graduates <strong>of</strong> these<br />

programs.<br />

College Degree vs. College Diploma<br />

Arguing that pay is set for the job, or that experience and personal fit matters more than education,<br />

most Employers indicated that they would not <strong>of</strong>fer a higher salary to a college degree graduate<br />

compared to a college diploma graduate (Figure 27). However, acknowledging the difference between a<br />

degree and a diploma, several Employers said that they would <strong>of</strong>fer higher salaries to college degree<br />

graduates because <strong>of</strong> their higher qualification. A few Employers could not decide if there would be a<br />

difference in pay because <strong>of</strong> insufficient information about differences between college business<br />

degrees and college business diplomas.<br />

The best candidate for the job will be hired and paid the rate set out for the job.”<br />

LKSB Degree Program Feasibility Study • 2011<br />

219

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