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Wondering where the highest paid people in tech go to college? There’s a good chance it’s one of these 10 universities according to a new study.

Graduation Internet Training Education Learning Computer Diploma

A new study from job site Paysa has ranked colleges around the world based on the salaries of their graduates in tech fields.

That six of the 10 schools are located in the United States is unsurprising. What is surprising, however, is which schools make the cut and which don’t—and their geographic locale inside the country.

The study doesn’t take university size into account—only average salary of graduates. That may be a factor for why some of the top of the list aren’t the largest universities, but it doesn’t explain a stranger statistic: The top five are all in the greater Seattle area or just across the bridge in Vancouver.

SEE: 10 bucks to snag an interview for your dream job? AI wants to help new college grads (TechRepublic)

Geographical oddities aside, here are the top 10 colleges with the highest earning graduates in tech.

The top 10 highest paid alumni bodies

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1. Seattle University

  • Location: Seattle, WA
  • Type: private
  • Average tech graduate salary: $265,869

2. Pacific Lutheran University

  • Location: Tacoma, WA
  • Type: private
  • Average tech graduate salary: $265,153

3. Simon Fraser University

  • Location: Burnaby, British Columbia, Canada
  • Type: public
  • Average tech graduate salary: $263,574

4. City University of Seattle

  • Location: Seattle, WA
  • Type: private
  • Average tech graduate salary: $263,386

5. Central Washington University

  • Location: Ellensburg, WA
  • Type: public
  • Average tech graduate salary: $254,778

6. Tsinghua University

  • Location: Beijing, China
  • Type: public
  • Average tech graduate salary: $254,710

7. Harvard University

  • Location: Cambridge, MA
  • Type: private
  • Average tech graduate salary: $253,970

8. Lomonosov Moscow State University

  • Location: Moscow, Russia
  • Type: public
  • Average tech graduate salary: $252,874

9. University of Cambridge

  • Location: Cambridge, UK
  • Type: public
  • Average tech graduate salary: $252,645

10. University of Toronto

  • Location: Toronto, Ontario, Canada
  • Type: public
  • Average tech graduate salary: $252,639

SEE: The Ultimate Learn to Code 2017 Bundle (TechRepublic Academy)

To see the full study, including infographics on cost vs. value, college representation at large tech firms, and statistics on women in tech, read the full study available on Paysa’s website.

Henry Sapiecha

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It’s not just one industry that’s been disrupted by digital, a new report shows almost half Australian jobs will be computerised in 20 years.

Back to the drawing board as to get & keep a job in this digital age

Nearly half of the jobs in Australia are at high risk of “digital disruption” in the next 20 years, and our education system is not equipping students with the skills needed to adapt, a new report warns.

PricewaterhouseCoopers chief executive Luke Sayers is calling for a national summit on the issue, saying universities need to start producing far more people literate in science, technology, engineering and mathematics subjects (STEM) to help the workforce adapt to a rapidly changing global economy.

PwC’s report, The STEM Imperative: Future Proofing Australia’s Workforce, warns many of the jobs people work in today “simply won’t exist in the next decade, either entirely, or at the same number”.

The report’s modelling shows the top three occupations in Australia most at risk of being automated in the next two decades are accountants, cashiers and administration workers, affecting more than 600, 000 workers. The least likely are doctors, nurses and teachers.

It says Australia is lagging behind its peers in the Organisation for Economic Cooperation and Development on a number of key STEM indicators.

It says that from 1992 to 2012 there was a 11 per cent fall in year 12 participation for intermediate mathematics, 10 per cent for biology, 5 per cent for chemistry and 7 per cent for physics.

Enrolments and completions in university STEM courses have remained flat over the period 2001 to 2013, while non-STEM courses have grown steadily.

It says about 44 per cent, or 5.1 million jobs, are at high risk of being affected by computerisation over the next 20 years, and 75 per cent of the fastest growing occupations now require STEM skills.

The report shows that shifting just 1 per cent of the workforce into STEM roles would add $57.4 billion to gross domestic product over 20 years.

Some of the jobs most at risk from technology in next 20 years

 
Occupation   No. workers affected
Accounting clerks/bookkeepers 263 348
Checkout operators/cashiers 128 745
General office admin workers 284 171
Sales assistants and salespersons 698 780
Financial/insurance admin workers 128 425

 

Mr Sayers said that while there were already great initiatives to boost students’ interest and skills in STEM, business, government and higher education needed to “channel people’s efforts, energies and investments in a much more meaningful way”.

“We need to come together through some sort of STEM summit and put all the various parties’ thoughts, ideas and perspectives into a melting pot,” he said.

“Within that there will be responsibilities for government – the right policy settings, tax flow-ons, capital related issues – [as well as] things for the education departments and things for business [to do].”

During a panel discussion for the report’s launch on Thursday, Liberal MP Wyatt Roy said Australia needed to encourage young people to become entrepreneurs and develop the right policy environment to keep homegrown start-ups from going overseas.

Labor MP Tim Watts, who is writing a book on the economic implications of the digital revolution with Labor MP Clare O’Neal, said modern societies needed to incorporate “computational thinking” into their educational systems from the earliest stages.

“We shouldn’t think that STEM subjects are a stand-alone silo,” Mr Watts said.

“We need computational thinking to be part of all Australian students’ education. If you look at the United Kingdom, they have incorporated computational thinking into their curriculum, making it mandatory for all students from year 1.”

PwC’s report was prepared with help from the Centre of Policy Studies at Victoria University.

With Nicky Phillips

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Henry Sapiecha

Whose jobs are more dangerous—construction workers, farmers, or pilots? The results may surprise you!

Add this eye-catching infographic to your site to engage your audience. Do workers get paid in proportion to danger? Readers will find out:

  • Which jobs are the most dangerous and why
  • How each occupation ranks
  • Average salaries

dangerous-jobs-infographic www.acbocallcentre.com

Han Hae-kyung takes an electrotherapy on her shoulder and back at Gang-won Rehabilitation Hospital, South Korea image www.acbocallcentre.com

SEOUL — When Han Hye-kyung finished high school and got a job at Samsung, her family celebrated with a barbecue. But within two years, she stopped menstruating. And then she couldn’t walk straight. And then doctors found a brain tumour, something she and her family claim came from toxins at a factory run by the South Korean tech giant.

Han and her mother are among a small group of Koreans who say there’s a dark side to this country’s most iconic conglomerate. They say conditions at a Samsung Electronics production plant caused hundreds of rare diseases over the past two decades, some fatal, with most victims in their 20s or 30s.

The fight between Samsung and dozens of former workers persisted for years on the fringes. But the plight of those ex-employees has suddenly forced its way into the mainstream, reflecting South Korea’s growing concern about safety and corporate accountability.

Samsung and other chaebol, as the conglomerates are known, have long stood as the unassailable patriarchs of South Korea’s Third-World-to-riches rise. But in the past few months, lawmakers have demanded that Samsung provide an explanation for the spate of rare diseases. A crowd-sourced movie inspired by the issue hit theatres. And recently, Samsung apologised in a nationally televised news conference for its “lack of attention” to the pain and distress of former employees with the unusual illnesses.

There’s no clear proof linking the diseases with factory conditions. Samsung said in a statement to The Washington Post that it is “meeting or exceeding” industry health and safety standards and emphasised a series of safety innovations that it called “best-in-class.” But some politicians and activists here say the employees’ health problems highlight the faults of a company that emphasised productivity over safety and prevented the formation of workers’ unions.

For those who have pushed Samsung to acknowledge the diseases, the recent apology was a partial vindication, coming after years in which Samsung questioned their credibility. Samsung promised compensation for victims but pointedly did not claim responsibility. Han and her mother, Kim Shi-nyeo, watched the announcement on an off-brand flat-screen at their rented apartment; Kim had sold nearly every Samsung product she owned because just looking at the logo made her angry.

Han, severely disabled by the surgery to remove her brain tumour, beat her chest as she heard Samsung Electronics chief executive Kwon Oh-hyun say he was “heartbroken” by what had happened.

Kim teared up.

“I felt, to an extent, like all those years we’ve had to go through were recognised,” Kim said. “At the same time, the fact still remains that my daughter has to live the rest of her life this way.”

Complicated claims

Samsung is known globally for its televisions and smartphones, but within Korea, its influence is broader — that of a do-everything titan that sells life insurance, builds apartments and accounts for one-fifth of the nation’s gross domestic product.

Those who study Samsung say the company is increasingly sensitive to blemishes on its image as its ailing chairman, Lee Kun-hee, prepares to pass the reins to his only son.

“The social mood is changing in Korea, and I think Samsung sensed that,” said Kim Sang-jo, an economist at Hansung University who specialises in the conglomerate. “The [rare diseases] had become a symbolic problem for Samsung. It was starting to be seen as a very arrogant and stubborn company.”

Concern about Samsung’s factory conditions first surfaced seven years ago, when two former employees who had worked side by side, Hwang Yu-mi and Lee Suk-yeong, died of leukemia within months of one another. Hwang was 23, and her father, a taxi driver, felt the deaths couldn’t be a coincidence.

In the years since, about 200 other people have claimed sicknesses from Samsung production lines, mostly from the Giheung plant 20 miles south of Seoul, which manufactures semiconductors and liquid crystal displays.

But the claims are complicated. Most mainstream medical experts say that the causes of brain tumours and leukemia are essentially unknown. Still, there are some factors that can increase the risk, including exposure to radiation and benzene. The U.S. Department of Health and Human Services says “long-term exposure” to high levels of benzene can cause leukemia and some cancers.

Like other high-tech manufacturers, Samsung uses potentially harmful chemicals on its production lines — including benzene — but not at levels exceeding safety standards, according to studies that Samsung has permitted of its workplaces.

In part because of that ambiguity, South Korea’s government-run workplace compensation agency has sent conflicting signals about whether it thinks the claims are legitimate. In four cases, the agency has determined that the diseases were workplace accidents, the result of chemical exposure, according to Lee Jong-ran, a lawyer who represents many of those who have fallen ill.

But in 23 other cases, including Han’s, the agency said there was no clear correlation. Those workers have appealed to the courts, where they’ve squared off against the compensation agency and faced yet another challenge — Samsung has lent its high-profile lawyers to the government to help with its defence. (Samsung said in May that it would withdraw its lawyers from the cases.)

The diseases were reported by people employed by Samsung in the late 1990s and early 2000s, and the company has since revamped its Giheung plant. Still, several employees who worked there say Samsung for too long paid insufficient attention to worker safety. During occasional power outages, air filtration systems would shut down. Work would stop temporarily, but resume before the gases were entirely cleared, they said.

“It’s very expensive to stop a [production] line for a long time,” said Ryu Ui-seok, a former Samsung engineer who worked at Giheung from 2004 until 2006 and is in good health. “After even a brief power outage, you’d smell the chemicals very strongly” as people got back to work.

Most of the workers at Giheung were women, recent high school graduates. During the one-month orientations held for newcomers, they were told about the history of the company and the apartments they’d one day be able to afford, according to several former employees. They were given detailed instructions on how to keep the production line clean, an essential for semiconductor manufacturing. But they were told almost nothing about safety or the chemicals they’d be dealing with, they said.

“All we learned was how to be an efficient worker,” said Hong Sae-mi, who joined Samsung at 19 and has multiple sclerosis, a disease she says is workplace-related. “The emphasis was on the product, not the people.”

In a statement, Samsung said that even dating back to the 1990s, 10 of 200 mandatory education hours for employees were devoted to safety. Employees were instructed on how to handle chemicals and deal with accidents. Samsung also said that in 2007, it implemented a round-the-clock chemical monitoring system, and that out of an “abundance of caution,” chemical levels were kept to one-tenth of legal limits.

Samsung declined to discuss Han’s case. A company spokeswoman said that in the West, apologising could be seen as an admission of responsibility.

“But the employees are like our family, and the company would like to offer help when the family is in trouble,” said the spokeswoman, speaking on the condition of anonymity because of the sensitivity of the issue. “Instead of looking into whose fault it is, we try to give help first.”

Fighting a lost cause

Han, who left Samsung in 2001, developed the menstruation problems while still at the company. But her more serious health issues emerged later; her brain tumour was diagnosed in 2005. In a 2012 blog post, Samsung noted that some ex-employees’ illnesses surfaced well after they left the company, making it difficult to draw a link.

Han can’t tell her own story. She has full comprehension, but she can barely speak — only a few words now and then. After years of physiotherapy, she can dress herself, but she cannot button her shirts. She cannot write. She can talk on the phone, but only if her mother holds it to her ear.

For all the attention that the claims against Samsung have received in recent months, those dealing with diseases have suffered in private for years. In Han’s case, the best-case scenario is that she’ll “one day be able to walk to the dinner table,” Kim said.

After doctors discovered Han’s tumour, she underwent high-risk surgery. She emerged from the 12-hour operation alive, but much different. Her arms flailed uncontrollably and she couldn’t lift her head. She had quadruple vision.

It was only in 2008 that Kim heard about the other, comparable cases. Friends told her that fighting Samsung was a lost cause, given its political power and clout with the news media. But Kim joined a growing group of victims and their relatives who held memorial services and brandished banners in front of Samsung’s headquarters. Kim sold a restaurant she owned and became a full-time caretaker for her daughter. A group representing the families has paid Han’s medical bills over the past two years.

Both the government agency and a Seoul administrative court have ruled there’s no confirmed link between Han’s condition and her time at Samsung. But Kim says she’s “100 percent sure” there is. There is no family history of brain tumours or other rare diseases, and Han never showed health problems before taking her job at Samsung, her mother said.

Kim is now hoping to receive compensation from Samsung in a negotiation process. Her goals are simple. She wants to outfit her apartment with grasp bars and other devices that can help her daughter more easily live at home.

“I want Samsung to think about all the years my daughter cannot work,” Kim said. “She will need help for the rest of her life.”

Henry Sapiecha

AUSTRALIAN BIGGEST BANKS ABOUT TO AXE 7,000 JOBS

The big banks are likely to scrap 7000 jobs over the next two years as lenders cut costs that account for 58 per cent of expenses to offset the weakest credit growth since World War II, according to UBS.

Lenders will reduce total staff numbers by 3.9 per cent to 172,000 from 179,000, UBS analysts said in a note to clients. Those figures don’t include ANZ’s Asian staff, they said.

The focus on employment costs at banks mirror the challenge faced around the world by lenders battling slower revenue growth amid weak household and business confidence. ANZ is preparing to cut as many as 900 jobs in coming months, the union that represents bank workers said last week.

‘‘We expect the banks to be heavily focused on their cost bases,’’ the UBS analysts said. ‘‘Solid reductions in headcount and discretionary costs are anticipated as banks react to the lower growth environment.’’

UBS continues ‘‘to be cautious on the outlook for credit growth’’ and doesn’t expect a ‘‘significant pickup in the housing market’’, the note said.

To help spur borrowing, the central bank lowered the benchmark rate by a quarter percentage point on November 1 and December 6 as Europe’s debt crisis dimmed prospects for global growth.

UBS estimates housing credit grew from 1977 to 2010 at a 14 per cent annual pace, and is currently expanding at 5.7 per cent, the weakest rate since World War II.

‘‘We anticipate housing credit growth to continue to remain subdued, probably staying in the 4 to 6 percent range for some time,’’ the analysts said.

Lowest profit per employee

Australia’s banks in recent years became ‘‘more lax’’ in managing staff numbers as they invested to meet expanding demand for lending, after reducing headcount to 141,000 in 2002 from 166,000 in 1996, according to UBS.

Among the big four lenders, ANZ employees individually delivered the least profit, according to data compiled by Bloomberg and company reports. ANZ Bank made $109,424 in net income from each employee in the year ended September 2011. That compared with $138,819 at Commonwealth Bank, $185,379 at Westpac, and $116,900 at National Australia, the data show.

Still, Australia’s banks were among the best-performing lenders in the world last year. While shares of banks in the US fell 13 per cent, Japan’s lenders lost 23 per cent and Europe’s slumped 34 per cent, Australian banks fell 7 per cent, according to UBS. Only Canadian lenders fared better, limiting their 2011 decline to 3 per cent.

Reducing headcount to 172,000 ‘‘should help absorb underlying wage increases keeping total staff expenditure growth to around 1 per cent per annum,’’ the UBS analysts wrote.

Commonwealth Bank said in a statement that it has ‘‘no target or short-term plan for major staff reductions’’. The bank may make redundancies ‘‘from time to time in some areas, while in other areas more staff may be needed’’, it said.

Westpac ‘‘expects there will be a decrease in staff numbers this year, but we have no specific targets,’’ the bank’s spokeswoman Supreet Gosal said.

National Australia Bank expects staff numbers to ‘‘fluctuate in various parts of the business’’ as it completes and outsources some projects and continues to ‘‘focus on efficiency,’’ spokesman Brian Walsh said in a statement.

Kevin Foley, an ANZ Bank spokesman in Sydney, said that ‘‘there is some belt tightening going on in response to difficult market conditions’’.

Bloomberg

Sourced & published by Henry Sapiecha

Yahoo warns of weak 1st quarter

more cost cuts planned

A Yahoo billboard is seen in New York's Times Square October 19, 2010. REUTERS/Brendan McDermid

By Alexei Oreskovic

SAN FRANCISCO | Tue Jan 25, 2011 5:29pm EST

(Reuters) – Yahoo Inc warned revenue will again slide this quarter as traffic to the Internet portal drifts elsewhere and the company begins sharing search revenue with Microsoft Corp followed that with a declaration it is preparing its biggest year of hiring ever in 2011.

Yahoo has struggled to contain costs and jumpstart revenue growth while bleeding traffic to competitors such as Google and Facebook. It now ties up with Microsoft on search, hoping to keep a lid on expenses.

The company reported its third consecutive quarter of declining page views on its websites two years into the tenure of CEO Carol Bartz, who took over to try to revive its fortunes.

In October, Yahoo began outsourcing its search advertising service in the United States and Canada to Microsoft, in keeping with the 10-year search partnership the two sealed in 2009. Under the terms of the deal, Yahoo will share 12 percent of its search advertising revenue with Microsoft.

But Chief Financial Officer Tim Morse said Facebook competition was not hurting Yahoo’s display advertising business.

“All impressions aren’t created equal. With the big customers and branded advertisers, and the premium dollars being spent, we really aren’t seeing that kind of competition,” he said in an interview with Reuters.

MORE COSTS TARGETED

Morse told Reuters after Tuesday’s financial results were released that there were still more costs to come out of Yahoo in coming years.

Asked if that meant additional layoffs, Morse said: “Over the next few years, there will definitely be some more people who leave, there will be more people who are hired.”

Net revenue, which excludes revenue shared with website partners, totaled $1.2 billion in the three months ended December 31, compared with $1.26 billion in the year ago period. Analysts polled by Thomson Reuters I/B/E/S were looking for $1.19 billion in net revenue.

And it projected that net revenue in the first quarter will range between $1.02 billion and $1.08 billion, compared with the $1.13 billion expected by analysts.

Its fourth-quarter earnings also lagged targets.

Yahoo said its net income in the fourth quarter was $312 million, or 24 cents a share, compared with $153 million, or 11 cents a share in the year ago period. Analysts polled by Thomson Reuters I/B/E/S were looking for 22 cents a share.

Yahoo shares were down at $15.53 in extended trading after closing out the regular session at $16.02.

Sourcd & published by Henry Sapiecha

HP’s Mark Hurd gets canned and gets richer


Here at CNET, we’re still trying to figure out the life lesson in this one.

Mark Hurd, the CEO of the tech company with the largest revenues in the world is unceremoniously dumped by his board of directors because he did something with Jodie Fisher, a very attractive former actress and reality television star hired to schmooze customers at company events. We say something in italics because we have no idea what went on–Hurd settled a sexual harassment claim with Fisher and she’s not talking, which derailed the board’s investigation. We do know, thanks to months of investigation by a team of Wall Street Journal reporters, that Hurd and Fisher had dinner and watched football in restaurants and hotel rooms around the globe, but they swear they’re just friends (or were friends, most likely).

The board said it found no evidence of sexual harassment but was still peeved enough with Hurd’s behavior to force him out. He took a severance package worth up to $40 million with him. As a bonus, the HP board was portrayed as a bunch of reactionary prigs in many Silicon Valley circles.

So what happened to Hurd? Naturally, he was offered a new job as president at HP’s latest and nastiest rival, Oracle. Tech pundits figure he’ll end up running the company if bon vivant CEO Larry Ellison ever decides to retire, proving the old adage that one man’s garbage is another man’s treasure. Hurd’s excellent, or bogus, adventure comes in at #2 on our turkey list simply because it’s galling that he so easily landed on his feet.

Photo by Stephen Shankland/CNET and Jodie Fisher

Caption by CNET News staff

Read more: http://news.cnet.com/2300-1001_3-10005691-10.html?tag=mncol#ixzz17JiaxbIZ

Sourced & published by Henry Sapiecha