Current U.S. Talent Retention Risk (TRR) ScoreSM

37.73
-0.25 vs. prior week

The TRRSM Score is a predictive benchmark for employment volatility that uses multiple AI techniques to calculate the risk of losing key talent in the next 90 days. TRR Scores help organizations anticipate and plan for future skill supply and demand gaps.  Please Note: Color coding of the graph reflects National TRR score values. 

 

Scores are Ranked on Scale

High (70+) Average (35-49) Above Average (50-69) Low (<35)

National Score: All Industries Industry Example: Airlines and Scheduled Air Transport

TRR Interactive Data

  • Insights from the current TRR model include:
    • The national TRR Score indicated an increase in the types of business disruptions that create employee uncertainty beginning the week of December 9, 2019, a number of weeks before the World Health Organization was publically informed about cases in Wuhan of a pneumonia of ‘unknown cause’ on December 31, 2019.
    • While the model cannot attribute this risk indication specifically to COVID-19, it was picking up early volatility triggers outside of its historical performance range.
    • At a macro level, the TRR model had been predicting volatility to bottom out during April 2020, a potential start to a slow rebound back to historically lower risk levels.
    • However, economic jolts related to COVID-19 drove the macro national TRR Score to a second peak the week of June 15th, impacting recovery timing. New economic news based on pandemic surge may impact timing, yet again, with continued instability.
    • For some industries, like Airlines and Scheduled Air Transport, the TRR velocity has climbed much more dramatically, up 69% from 45 to its high peak of 76 since the week of December 9, 2019.  In recent weeks, the index has begun to stabilize and improve, albeit at an extremely high index level.  The industry is starting to regain a bit of traction—Sunday, Oct. 18 marked the first time since mid-March that more than a million people passed through U.S. airport checkpoints. However, weaker demand in winter months, announced furloughs and layoffs may continue to cause swings in the industry’s TRR score.
  • Talent Retention Risk (TRR) Score: Additional Information

WORKFORCE VOLATILITY: EXPLORE TO SEE YOUR STATE RANK FOR RECRUITING AND RETENTION SUCCESS

Talent Retention Risk (TRR) ScoreSM

ENGAGE uses multiple AI techniques and patent-pending models to calculate industry, company, and
candidate-specific Talent Retention Risk (TRR) Scores to benchmark how various factors contribute to
employment volatility or stability, including how likely a candidate is to be interested in exploring other
job opportunities – and be open to unsolicited recruiting messages.

Factors that are considered in the AI models include:

  • Macroeconomic trends
  • Company-level social media and news sentiment
  • Leadership changes
  • Employee churn indicators (layoff announcements, job posting trends, job tenure)
  • Other industry news and events
  • Other factors proven to be correlated with workforce volatility

Please note that ENGAGE does not use candidate-level social media, online search history, or other personal
information, including protected class data in its TRR algorithms.

ENGAGE 5D ProfileSM

The ENGAGE 5D Profile is a proprietary predictor of employee-specific workplace characteristics for maximum
job attraction. Dimension prioritization and ranking for candidates are based on publically available model
inputs with high job volatility correlation, including professional and academic histories, prior work
environments, and dynamic market changes impacting their current employer, business sector, and job category
and level.

Please note that ENGAGE does not use candidate-level social media, online search history, or other personal
information, including protected class data in its 5D Profile algorithm.

State Map Data Current as of March 31, 2020

 
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