ROI, if you're not a business student you may be unfamiliar with the term. It stands for return on investment. As a college student you should evaluate these three forms of ROI: financial, emotional and positional when taking on work.
- When taking on a new job, it is important to consider your financial ROI. Most simply, how much money will you be awarded in exchange for your time and effort?
- No considered often enough, what will be your emotional return on investment? If a job leaves you happy and intellectually satisfied, then it provides you with a valuable emotional ROI.
- How will a job effect your position in life? A job could be considered a great investment even if it paid nothing and was boring if it would deliver a great positional ROI. Think of an internship, that's how they work?