What would prompt people to undertake education and training in their mid-20s and beyond and what are the benefits? The authors investigate what motivates people to undertake education and training at more mature ages and the impact of this on their labour market outcomes. They found that males who undertake further education and training after the age of 25 years did so for reasons related to their current employment (for example, towards promotion or a different job), whereas for females a key motivator was simply getting a job. For both males and females, a sustained increase in job satisfaction following completion of the study was also found. Data from the Household, Income and Labour Dynamics of Australia Survey and the Survey of Education and Training was used in this report.
Amongst recent initiatives aimed at lifting Australia’s productivity has been a push for a greater number of course completions in both the vocational education and training and higher education sectors. With this, it could be assumed, come benefits for the individual such as better job opportunities and higher wages. Using the 1995 and 1998 cohorts of the Longitudinal Surveys of Australian Youth, this study looked at whether participating in or completing a post-secondary education qualification led to wage benefits for young people. The study finds that not only completing a post-secondary course but participating in one results in higher wages.