See Wage Estimates for Your Alumni
We are excited to announce a significant feature update in Alumni Pathways: improved Alumni Wage Estimates. This enhancement provides your institution with more accurate, defensible, and actionable data, empowering you to better showcase the true value of your program.
What's New?
We've completely overhauled how alumni wage estimates are calculated and presented within Alumni Pathways. Our team has adopted a robust new model, drawing on strong foundations like OEWS (Occupational Employment Wage Statistics) data. This update significantly improves the granularity of our insights, directly addressing the ongoing challenge of ensuring wage estimates remain as close to true wages as possible for accurate insights. This allows you to estimate the median wage for your alumni with greater precision.
In addition, due to valuable client feedback, we're also thrilled to introduce 25th and 75th percentile ranges to all relevant reports, including GoRecruit. This provides a much clearer picture than a single point estimate, illustrating the estimated range of what your alumni could be earning based on their occupations, location, and years of experience.
Why This Matters to You:
This powerful update directly impacts your ability to demonstrate the strong return on investment (ROI) of your programs with more reliable wage figures. These improved estimates will empower your researchers, marketers, and institutional leaders to:
Strengthen Marketing & Recruitment Efforts: Confidently use more accurate wage data to highlight the earning potential of your graduates, attracting prospective students and showcasing the value of your education.
Inform Program Decisions: Gain deeper insights into alumni career paths and earning trends, allowing you to make more data-driven decisions about program development and curriculum.
Present your data with confidence: Our new model provides a more robust and defensible methodology, ensuring that the wage estimates you present are credible and trustworthy, addressing previous concerns about defensibility.
Key Benefits at a Glance:
Ranges, Not Just Averages: You'll now see estimated wage ranges (25th-75th percentile) for a more complete picture.
Up-to-Date Data: Our new model utilizes current data to ensure accuracy.
Enhanced Granularity: The new model is designed for individual wage estimation with better specificity for geography and SOC, addressing previous limitations.