Category: Blog

According To Bill Gates These Are The Jobs He Would Drop Out For

When asked the question during a Q&A session at Columbia University, he said there are 3 jobs he would drop out for in the 21st century. While Bill Gates is an advocate for education, making it the number 1 priority of his foundation in the US, he believes that dropping out can sometimes be a wise decision, depending on the circumstances. Being a dropout of Harvard University himself in 1975, he ended up founding Microsoft. Soon he became the richest man in the world. He considers himself lucky that he was obsessed with computers during a time when they...

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Netflix Has No Rules Because They Hire Great People

Previously I’ve written about the downside of rules at work and how rules can be replaced with accountability and transparency and trust. In this article I’d like to explore the foundational solution, which is hiring great people. Do corporate rules really reflect a hidden hiring problem? What can we learn from Netflix NFLX -0.59%’s approach to culture and rules? Netflix is well known as one of the great success stories of the last two decades. Launched as a DVD-by-mail company in 1998, they now have 3,500 employees and generate over $7 billion a year from 81 million subscribers to...

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Number of people who owe over $100,000 in student debt has quadrupled in 10 years

The situation just got worse for student loan borrowers with six-figure debts. The number of borrowers with balances over $100,000 has more than quadrupled in the last 10 years, according to data released Monday by the Federal Reserve Bank of New York. The default rate of borrowers with high balances “appears to have deteriorated over time,” Donghoon Lee, a research officer at the NYFed, said during a press briefing with reporters. In 2016, borrowers with $100,000 in student loans or more make up just 5% of borrowers, but account for about 30% of total outstanding student debt, the data...

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Teach Cybersecurity with Apprenticeship Instead

Governments, private industry, and tech culture can all benefit from a cyber workforce built on quality apprenticeships What do you think of when you think of apprenticeship? Try to find stock photos for “apprenticeship”, and your search results will abound with safety goggles, bandsaws, and coiled air hoses. Americans imagine apprentices as carpenters, plumbers, and machinists, and for good reason: there is a long and proud tradition of apprenticeship in construction trades, which had about 30 percent of all registered American apprenticeships in 2016. This apprenticeship tradition helped build the physical infrastructures – highways, ports, and energy grids –...

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TRANSMOSIS CEO TO SPEAK AT THE IEDC 2017 ANNUAL CONFERENCE

Transmosis CEO, Chase Norlin, to speak at the IEDC 2017 Annual Conference. With the emergence of new global markets, communities need to work together to encourage competition and advance economic growth. This must-attend event for economic developers – IEDC’s first annual conference outside of the United States – will focus on how to Connect, Collaborate, and Create at the global level to contribute to the transformation of local, state, and regional economies. Toronto and its surrounding region are consistently ranked at the top of international indexes for competitiveness, innovation, and liveability. Few cities in the world can offer such...

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Nevada taking aggressive steps to increase its appeal to tech companies

Even with its recent push to attract technology-related companies, Nevada still ranks relatively low compared to the rest of the country in its tech workforce. Nevada is No. 38 in the nation in tech employment, according to the Computing Technology Industry Association (CompTIA) Cyberstates 2017 report released earlier this month. Nevada also ranked No. 38 in 2016’s report. The study showed that Nevada has 31,003 tech industry employees, working in 5,003 tech businesses. The tech sector makes up 2.5 percent of the overall workforce in the state. “Nevada is struggling, there is little question about that,” said Josh Leavitt,...

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Why Germany Is So Much Better at Training Its Workers

At last, unemployment is easing. But the latest low rate—hovering below 6 percent–obscures a deeper, longer-term problem: “skills mismatches” in the labor force, which will only worsen in years to come. According to the most recent figures, 9.3 million Americans are unemployed, but 4.8 million jobs stand empty because employers can’t find people to fill them. With new technology transforming work across a range of sectors, more and more businesses are struggling to find workers with the skills to man new machines and manage new processes.One solution has enchanted employers, educators, and policymakers on both sides of the aisle:...

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25 Highest Paying Companies in America for 2017

It may come as no surprise that tech and physician jobs pay six-figures, but for the average American job hunting, it may be even more important to know where they can work that pays highly. The good news — many companies are offering top dollar for skilled talent. Glassdoor’s latest report reveals the 25 Highest Paying Companies in America for 2017. In addition to ramping up hiring, all of these companies are offering employees, on average, six-figure paychecks. This report is based on each company’s median total compensation, compiled by looking at salary reports at companies in which employees...

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After Robots Take Over Our Jobs, Then What?

After robots take over our jobs, what is next? Guaranteed incomes? A public service job creation program? More conferences on “the future of work”? Today, not a week goes by without a new study being released or conference convened on robots replacing jobs or a newspaper account of a new use of robots taking the place of workers (this week Domino’s Pizza announced it was using robots to deliver pizzas in Europe). In turn, the subject has come center stage in meetings of education and workforce professionals. At the March meeting of the California Workforce Development Board (CWDB), for...

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Trump Cracks Down on H-1B Visa Program That Feeds Silicon Valley

The U.S. administration began to deliver on President Donald Trump’s campaign promise to crack down on a work visa program that channels thousands of skilled overseas workers to companies across the technology industry. Fed up with a program it says favors foreign workers at the expense of Americans, the Trump administration rolled out a trio of policy shifts. The U.S. Citizenship and Immigration Services agency on Friday made it harder for companies to bring overseas tech workers to the U.S. using the H-1B work visa. On Monday, the agency issued a memo laying out new measures to combat what it called...

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Transmosis Externship Program at California Workforce Association's "Meeting of the Minds".

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