Entrepreneur PH, published an article not too long ago, re: ‘which schools produce highest paid employees’ based on the self reported salaries of JobStreet subscribers.
Please refer to the infographic below.
While both Entrepreneur PH and Jobstreet acknowledged the data “may not be representative of the actual salaries received by the schools’ graduates in the broader work force”, the infographic established the connection of salaries to schools these employees graduated.
A more value adding presentation, if I may suggest, is to classify first per industry, before ranking the schools from highest paid to the lowest. In this way, we will have a better context to interpret and analyze the data, albeit keeping in mind the amount disclosed by JobStreet subscribers are not verifiable.
Context give readers basis to make intelligent decision. i.e. fresh graduates and asking salary for their first job; Industry to establish career; School preference for would be college students; Salary structure for hiring managers, etc.
This will avoid unrealistic expectations because there are several factors that need to be included in the equation, not just the school.
For instance, there is a different salary structure per industry, BPOs generally pay higher than retail. Likewise, some jobs are more valuable than others, and as a consequence, receives more compensation. A good example are accountants, engineers and IT peeps. Even though they are fresh graduates, their job classification is higher than that of other jobs.
What I am saying is, it’s not just the school that defines one’s worth in the marketplace.
The best takeaway, IMO, are the % of graduates on produced by these schools on a specific field. Hiring managers can take a look at these and adjust their salary structure based on supply and demand. Furthermore, hiring managers can conceptualize interventions to meet the manpower requirements based on said available data.
What about you, what is your take on the infographic?