Joberate Finds Job-Seeking Workers Leave for New Job Within a Median of 120 Days
Joberate, a leader in tracking and measuring workforce job seeking behavior, has released its analysis of U.S. job seeking behavior data that shows the median currently employed American leaves his or her current employer within 119.6 days of a measurable increase in job-seeking behavior, the J-Score. The median J-Score of a person who voluntarily resigns is 40, while the average (mean) is 40.9.
The average time it takes for a currently employed American to leave his or her current employer is 142.3 days from the time there is a measurable increase in their job seeking behavior, but it can take as little as 56.1 days for an employee to leave.
Joberate’s technology tracks people’s publicly available digital footprint, which includes their public social media data, to measure and quantify each individual’s job seeking activities. Joberate quantifies each person’s job seeking behavior using the Joberate Employment Topology into a J-Score, which ranges on a scale of 4-70, with 4 being the least active job seeking behavior and 70 being the most active.
“Joberate technology, and specifically the J-Score, is probably one of the most game changing HR innovations of the decade when it comes to helping organizations retain their top talent or helping recruiters know who they should headhunt, and most importantly – when!” said Michael Beygelman, Joberate CEO. “It is self-evident that in the immediate term the J-Score already helps companies hire and retain top talent, but in the long term the J-Score might also help economists and analysts better understand global employment trends, financial institutions better understand internal company dynamics to support their investment decisions, or help credit rating agencies like Equifax improve the accuracy of their credit scores.”