Is Salary the Biggest Factor with M.B.A. Students Ready to Graduate?

The answer is 'No!' Based on Aspen Institute Center for Business Education, the Things That Matter are:

Challenging responsibilities 64%
Salary 48%
Work-life balance 45%
Contribution to society 26%
Colleagues whom I respect 24%
Training and development 24%
Rapid advancement 22%
Travel/International work 18%
High ethical standards 13%
Job security 4%

Surprised to see Job Security last on the list? This is acceptance of an uncertain future in the world of work!

THE PHARMACEUTICAL INDUSTRY - A NEW PERSPECTIVE

A recession-resistant industry such as pharmaceuticals is undergoing a violent contraction cycle because of lack of new approved products, expiration of patents on existing blockbuster drugs, and the flood of generics. Ed Silverman, a noted journalist with the Star-Ledger has been tracking this industry on his blog, PHARMALOT. As of Saturday, April 5, 2008, the number of jobs these companies are expected to eliminate are:

1. Pfizer - 10,000
2. AstraZeneca - 7,600
3. Bayer - 6,100
4. Schering-Plough - 5,500
5. Wyeth - 5,000
6. Johnson & Johnson - 5,000
7. Bristol-Myers Squibb - 4,300
8. Novartis - 3,750
9. Amgen - 2,600
10. Glaxo - 1,650
11. King - 520
12. Sanofi-Aventis - 380
13. Sepracor - 300
14. Ligand Pharma - 267
15. PDL BioPharma - 250
16. West Pharma - 250
17. Abbott - 200
18. Bradley Pharma - 196
19. Alkermes - 150
20. Encysive Pharma - 150
21. Neurocrine Bio - 130
22, Nektar Thera - 110
23. Reliant Pharma -109

We will keep you posted on this blog as the numbers change significantly.

"Tough Times Never Last, But Tough People Do!"
Dr. Robert Schuller


So folks, hang in there during this so called 'recession.' Before we know it, it will be over. It too shall pass.
Don Sutaria, MS, IE (Prof.), PE
Founder, President & Life-Work Coach
CareerQuest

CareerQuest wants to wish you a Meaningful Thanksgiving, a Happy Hanukkah, a Merry Christmas, a Proud Kwanzaa, and a very Happy New Year (2008).

(Please visit our website at www.careerquestcentral.com. You will find a wealth of information there, especially in the Newsletter Archive.)

Greetings dear friend:

Thank you for visiting this Blog. I want to make it worthwhile for you!

I know you are interested in your career. Go to my website at www.careerquestcentral.com and look at the CareerQuest Newsletter Archives. You will not be disappointed! There are several articles which I am sure you will enjoy. For example:

- Effective Time Management
- Career Checkups and Tuneups
- How to Know When to Quit!
- Spirituality and Career Counseling
- Integrity and Ethics in Business
- The Spirit of America
- June Weddings Bring September Jobs
- How to Make a Successful Transition from Backpack to Briefcase
- Professional Friendship Development a.k.a. Networking
- How to Work with a Culturally Diverse Workforce
- How to Strive for Life-Work Balance
- What's Love Got To Do With It?
- Job Search Tips; Back to Basics

..........and many more!

If you wish to receive free copies of CareerQuest's E-Newsletters, instructions will be found on the website. CareerQuest has been mentioned for several years in a row in What Color Is Your Parachute? by Richard Bolles. Another website of the Career Counselors Consortium worth checking out is www.careercc.org, in which you will also find my professional profile and the types of clients we have helped.

We provide individual career counseling and career coaching. If we can help you in your career in any way, please contact us.

Kind regards and best wishes in your career.

Don Sutaria, MS, IE (Prof), PE
Founder, President & Life-Work Coach
CareerQuest

Hi folks:

Experts of World Future Society tell us that the high-paying careers of the next two decades may have unfamiliar titles, especially in the service sector. Careers in high demand will be in health, communications and computers. A sampling is given below:

Bioinformationalists who work with genetic information.

Innovation Officers who interact with all employees to improve business processes.

Cybrarians who will monitor and enforce policies on the Internet.

Global Work Process Coordinators to coordinate activities of employees worldwide.

Geomicrobiologists to study microorganisims to clean up the environment.

Telemedicine Technicians to provide medical treatments in remote areas.

Whisperers who are skilled at calming irate customers.

Takers, anyone!

Don Sutaria
Founder, President & Life/Work Coach
CareerQuest

E-mail: don@careerquestcentral.com
Website: www.careerquestcentral.com
Tel.:908-686-8400