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Career
Management
–Tips and
Tricks
By: PaulYoung, CPA, CGA
Date: December 8, 2016
Introduction
This presentation will discuss career management as such will focus
on the following areas:
• Barriers to employment
• Educational System
• Management of your name and career (Network)
• How do you managed your finances
Presenter / PaulYoung, CPA, CGA
• 25 years in Corporate Finance
• CPA/CGA since 1996
• Educator for CGA/CPA
Agenda
• Economic Stats
• Job Market
• Soft skills
• Factors facing the millennials
• Educational System Issues
• How do Millennials managed their name?
2017 Jobs
1. Software Developer
2. Personal Financial Adviser
3. Organizational Psychologist
4. Web Designer
5. Environmental Engineers
6. Medical Assistants
7. Athletic Trainers
8. Homecare Aids
9. Biomedical engineers
10. Robotic Engineer
11. SkillTrades (plumbing, electrical, carpentry, etc.)
GDP by Industry Segment
Source – Stats Canada
Graduates
Commentary:
• Canada is producing 500K to 516K grads per year
as compare to the job market which is only
creating 200K in new jobs
• Declining enrolment is impacting education
• Healthcare cutbacks are forcing the elimination of
healthcare jobs
• Canada is export driven economy. Exports need to
expand to new markets. For each $1B in exports is
5,500 jobs
• Retail Channel is evolving to more eCommerce.
• There is a skills gap. Education has not align to
jobs in areas like advance manufacturing,
Cybersecurity,Analytics, Expert Farming, etc
•
Key focus areas by business
• Forget Robots — People Skills Are the Future of American Jobs
• http://www.industryweek.com/workforce/forget-robots-people-skills-are-future-american-
jobs?NL=IW-
07&sfvc4enews=42&cl=article_1&utm_rid=CPG03000001519274&utm_campaign=16164&utm_
medium=email&elq2=8ee4e18e9c4e4bffb33834d72cc63899
• Key quotes "Anything that has a routine to it can be automated, Artificial intelligence is
doing to white-collar jobs what robotics has long been doing to blue-collar jobs.”
• Key Quotes “That’s true even in fields not typically thought to require social skills.Tech and
finance companies are increasingly putting a premium on people with social skills for jobs
in areas like product management, marketing, and business strategy.
• FYI -This will be a similar trend in Canada
Factors facing Graduates
• High student Debt - $28,000
• Low job prospects (slower economic growth)
• Housing Costs (rise)
• LowWage growth
Educational System Failures
• Pushing students to degrees without understanding Return on
Investment (Educational spending)
• University not provide soft skills to succeed
• Government lack of focus on the skill trades or business
requirements in terms of skill set
What can graduates do to help themselves
• Do research into career options and skills required to move their career along?
• Network and Network
– Social Media – i.e. Linked in
– attending network sessions with business
– reaching out to successful business people/Mentoring
• Managed your name as brand name
– Managed your name like a brand (Coke(
• Experience with notable companies
• Volunteer with charities
• Take on additional work experience/tasks
How do graduates managed their finances
• Make a budget stick to it
• Saved early on for retirement by taking advantage ofTFSA and
RRSP
Other Resources
• SkillsGap - http://www.thewhig.com/2016/04/05/job-skills-gap-worsening-study-finds
• Slow Economy - http://www.slideshare.net/paulyoungcga/gross-domestic-product-gdp-canada-july-2016
• Wage Growth - http://www.slideshare.net/paulyoungcga/wages-and-employment-canada-july-2016
• Housing Costs - http://www.slideshare.net/paulyoungcga/real-estate-trends-and-analysis-for-canada-august-2016
• Youth Unemployment - http://debatepost.com/2016/09/14/canada-continues-importing-unskilled-immigrant-while-
unemployment-rate-climbs-to-7/
• Career Management/Innovation - http://www.slideshare.net/paulyoungcga/2016-employment-outlook-canada
• Government Spending - http://www.slideshare.net/paulyoungcga/government-policies-healthcare-and-education-
canada

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Career management - Tips and Tricks - December 2016

  • 1. Career Management –Tips and Tricks By: PaulYoung, CPA, CGA Date: December 8, 2016
  • 2. Introduction This presentation will discuss career management as such will focus on the following areas: • Barriers to employment • Educational System • Management of your name and career (Network) • How do you managed your finances
  • 3. Presenter / PaulYoung, CPA, CGA • 25 years in Corporate Finance • CPA/CGA since 1996 • Educator for CGA/CPA
  • 4. Agenda • Economic Stats • Job Market • Soft skills • Factors facing the millennials • Educational System Issues • How do Millennials managed their name?
  • 5. 2017 Jobs 1. Software Developer 2. Personal Financial Adviser 3. Organizational Psychologist 4. Web Designer 5. Environmental Engineers 6. Medical Assistants 7. Athletic Trainers 8. Homecare Aids 9. Biomedical engineers 10. Robotic Engineer 11. SkillTrades (plumbing, electrical, carpentry, etc.)
  • 6. GDP by Industry Segment Source – Stats Canada
  • 7. Graduates Commentary: • Canada is producing 500K to 516K grads per year as compare to the job market which is only creating 200K in new jobs • Declining enrolment is impacting education • Healthcare cutbacks are forcing the elimination of healthcare jobs • Canada is export driven economy. Exports need to expand to new markets. For each $1B in exports is 5,500 jobs • Retail Channel is evolving to more eCommerce. • There is a skills gap. Education has not align to jobs in areas like advance manufacturing, Cybersecurity,Analytics, Expert Farming, etc •
  • 8. Key focus areas by business • Forget Robots — People Skills Are the Future of American Jobs • http://www.industryweek.com/workforce/forget-robots-people-skills-are-future-american- jobs?NL=IW- 07&sfvc4enews=42&cl=article_1&utm_rid=CPG03000001519274&utm_campaign=16164&utm_ medium=email&elq2=8ee4e18e9c4e4bffb33834d72cc63899 • Key quotes "Anything that has a routine to it can be automated, Artificial intelligence is doing to white-collar jobs what robotics has long been doing to blue-collar jobs.” • Key Quotes “That’s true even in fields not typically thought to require social skills.Tech and finance companies are increasingly putting a premium on people with social skills for jobs in areas like product management, marketing, and business strategy. • FYI -This will be a similar trend in Canada
  • 9. Factors facing Graduates • High student Debt - $28,000 • Low job prospects (slower economic growth) • Housing Costs (rise) • LowWage growth
  • 10. Educational System Failures • Pushing students to degrees without understanding Return on Investment (Educational spending) • University not provide soft skills to succeed • Government lack of focus on the skill trades or business requirements in terms of skill set
  • 11. What can graduates do to help themselves • Do research into career options and skills required to move their career along? • Network and Network – Social Media – i.e. Linked in – attending network sessions with business – reaching out to successful business people/Mentoring • Managed your name as brand name – Managed your name like a brand (Coke( • Experience with notable companies • Volunteer with charities • Take on additional work experience/tasks
  • 12. How do graduates managed their finances • Make a budget stick to it • Saved early on for retirement by taking advantage ofTFSA and RRSP
  • 13. Other Resources • SkillsGap - http://www.thewhig.com/2016/04/05/job-skills-gap-worsening-study-finds • Slow Economy - http://www.slideshare.net/paulyoungcga/gross-domestic-product-gdp-canada-july-2016 • Wage Growth - http://www.slideshare.net/paulyoungcga/wages-and-employment-canada-july-2016 • Housing Costs - http://www.slideshare.net/paulyoungcga/real-estate-trends-and-analysis-for-canada-august-2016 • Youth Unemployment - http://debatepost.com/2016/09/14/canada-continues-importing-unskilled-immigrant-while- unemployment-rate-climbs-to-7/ • Career Management/Innovation - http://www.slideshare.net/paulyoungcga/2016-employment-outlook-canada • Government Spending - http://www.slideshare.net/paulyoungcga/government-policies-healthcare-and-education- canada

Editor's Notes

  1.  Home Work Top 10 Careers in Demand for 2016 in the US Top 10 Careers in Demand for 2016 in the US Krum J | Work | November 30, 2015 What careers will be in demand for 2016? Which jobs are going to be trending and are going to be worth your investment? If you are thinking about choosing a college or planning to switch careers, this articles will help you to find the most in-demand professions for 2016 and the future. Software application developers Software app developers are currently and will continue to have a high demand in the future. This is because new software is always needed for every operating system, for every device. The software is becoming a need in everybody’s life. Whatever your career is, without a good software, you would be probably left behind the competitors. So, Software developers are never going to be out of work and are constantly going to have high salaries. The rise of mobile devices and new gadgets like for example Microsofts Hololens and all other technologies that will be invented in the future will need apps. Many experts believe that this job will have around 20-25 percent growth in the following ten years. The tendency and the demand for new application are never going to stop because the future is being built on great software apps. The expected average salary for 2016 for Software app developers is $90,000. Organizational psychologist http://coolcollegehelpers.com/work/top-10-careers-demand-2016-us/
  2. http://cfs-fcee.ca/wp-content/uploads/sites/2/2015/03/Report-Impact-of-Student-Debt-2015-Final.pdf