Billionaire Sam Zell: "The 1% work harder."

[laundry_queen]

113. I never said lower the wages. Not once.

So why bring it up? BTW, I don't know anyone who got a 'fun' degree. Oh, I know one English major...that's the most 'fun' degree I've encountered around here, so I cannot relate. But yeah, those people shouldn't expect the same amount of money as an engineer or accounting major. I'm not sure where that came from though...or how it relates to what I wrote.

How about...when there's a desperate need for accountants, helping out those who want to be accountants? Our designation programs here don't WANT to help, because the people who run it are very happy about designations being an exclusive club. It means more money for them. Through the last 20 years or so they have made it progressively harder to become designated...new roadblocks every few years.

The yearly dues here are expensive, especially for someone like me. The tuition is really, really high if you go through the designation body which is why I went through a local University that has a transfer agreement. The cost of taking the tests is extreme, IMO, and I think they like to fail a high percentage because, well, they sure do make a lot of money if everyone has to take the exam 2-3 times before passing. They do everything they can to keep designations an exclusive club.

interestingly enough, some of them are pricing themselves out of the market. There are a lot more companies around here who are now looking for non-designated accountants because the designated accountants are charging too much for what they do. Many accounting majors have almost the same level of knowledge but are cheaper...they still make really good money though. That's probably the route I'll go and fill in that 'demand' for non-designated accountants.