Career selection: factors to consider

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Some considerations to keep in mind when you select a career are:

  • Earnings — How much money will you earn, after adjusting for things like cost of schooling, taxes, and retirement benefits?
  • Enjoyment of work — How much will you enjoy your work?
  • Work-life balance — How much time and flexibility will your job leave you to pursue other activities?
  • Social value of work — How much will society benefit from your work?
  • Exit options — How well positioned will you be to switch careers?

Careers vary a great deal on each of these dimensions.