Academy Outcomes
The Bureau for Private Postsecondary and Vocational Education (BPPVE) requires that institutions achieve minimum standards in completion rates (60%) and employment (70%). Our Academies are proud to announce that our latest standards exceed the state required minimums: our completion rate is 79% and our employment rate is 84%. Our state board exam passing rate for 2006 is 83%.
Job Demand in the Cosmetology Industry
The following key findings were taken in part from the JOB DEMAND IN THE COSMETOLOGY INDUSTRY, 2003 NATIONAL SURVEY conducted for NACCAS by Lawrence M. Rudner, LMP Associates & University of Maryland. (Note: NACCAS is currently in process of conducting their 2007 survey which we expect to have in a few months).
In January 2003, there were over ONE MILLION professionals employed in the nation’s 312,959 salons and spas.
Since 1999, the total number of salon professionals is up 24%. The number of new-hires is up 37% and the total number of salons is up 5.6%.
Our industry is one that continues to note considerable growth with 1/3 of all new jobs being in the spa industry. Some 56% of salons reported they had open positions, and more than 572,000 of these positions were filled in 2002. Approximately 3 out of 4 salons in 2002, reported having difficulty in finding qualified individuals.
The majority of industry employees work full-time (57%) while some opt for part-time (33%). The average salon income, including tips, ranges from $30,000 - $50,000 per year.