Scorelogix®, the leader in predicting job security for banks and other lending institutions, has rolled out a new product, the personal Job Security Score ™. The Delaware based company created this new product in response to a growing individual need to know how secure one’s job is.
The company is making the personal JSS available to users through partnerships with leading online job sites and geographically selected online editions of newspapers. By making this new product available through the internet, Scorelogix intends to bring the power of it’s award-winning, unique, and patent pending computer model to the hands of everyone in the American workforce.
The personal JSS gives the individual the exact same high level of accuracy that was previously only available to their creditors. The score tells an individual how likely they are, relative to the rest of the US workforce, to have their job available to them over the next twelve months. The company also makes a fifteen page, premium service report available. The report is designed to provide detailed, but easily understood, insights into why a score is high or low and allows individuals to begin a specific financial action plan based on their individual outcomes.
“Soon”, according to David Watral, Ph.D., Director of Business Development at Scorelogix, “the average person in the US workforce will be only a click away from knowing how secure his or her job really is. For most of us, financial security depends on job security. In these uncertain times, people need this kind of information.”
The company noted that the JSS does not predict whether an individual will lose their job due to personal incompetence or other factors. The issue of slow-down or recession is one which impacts all people in the workforce and this is also not the main focus of the score.
Instead, by analyzing an individual’s status relative to the workforce as a whole, the JSS predicts which jobs are the most vulnerable over the course of a twelve month period and which are more secure. This kind of prediction is based upon hundreds of specific variables that change the job market on a day to day basis. By focusing on the ones which have the biggest impact on most individuals, the JSS is able to make predictions that are 85% accurate.
The company anticipates national coverage by the end of 2008. In the interim, individuals who want to use the JSS can access it at http://www.scorelogix.com/jss.asp.