To illustrate how education, job type and income are inter-related through examination of the workings of a financial institution. Perhaps you think it might be fun to be a police officer or a lawyer or a professional athlete. Every job requires certain talents and skills. Since most people spend the majority of their time at work, it also might help to enjoy the work you do. Employment is the principal source of income for most people.
Salaries can often reflect the value society places on a given service or skill.
However, higher paying positions often attract greater interest than those that pay less. Let's examine the various factors that can determine what a job pays. Take for example a cashier in a grocery store and a doctor. They both perform a needed service. Education plays an important role in job choice.