The American Opportunity Index: A Corporate Scorecard of Worker Advancement is a new effort to give companies and other stakeholders a set of robust tools that measure how well major employers are doing in fostering economic mobility for workers and how they could do better. The Index is a joint project of the Burning Glass Institute, Harvard Business School’s Project on Managing the Future of Work, and the Schultz Family Foundation.
Read the entire report below, and visit: http://www.americanopportunityindex.org/
AUTHORS
Matt Sigelman (President, The Burning Glass Institute; Visiting Fellow, The Project on Workforce)
Joseph Fuller (Professor, Harvard Business School; Faculty Co-Director, The Project on Workforce)
Nik Dawson (Economist, The Burning Glass Institute)
Alex Martin (Economist, The Burning Glass Institute)
Gad Levanon (Chief Economist, The Burning Glass Institute)
INTRODUCTION
The 2023 American Opportunity Index—a partnership between the Burning Glass Institute, Harvard Business School’s Projecton Managing the Future of Work, and the Schultz Family Foundation—follows the career trajectories of 4.72 million employees across 396 of America’s largest companies. Through this work, we have gained unprecedented visibility into the question at the heart of the economic mobility equation: how workers rise.
The Index represents a revolutionary departure from other job quality metrics, which typically focus on corporate policies and rely on self- reported data or surveys. Instead, we observe real-world outcomes directly, as gleaned from analysis of millions of career histories – drawn from how workers report changes at work history of social media platforms, online resumes, etc. – as well as comprehensivesalary and job posting data. We believe job quality is best measured by what actual workers experience.
Our analysis focuses on workers who don’t necessarily hold college degrees – and therefore don’t have the assurance of mobility that a degree was long assumed to represent. In many respects, these workers are a bellwether for how likely the majority of Americans are to achieve economic progress. Through this analysis, we hope to widen a lens that often focuses on access to jobs, but loses sight of what happens once employees get in the door.
Read the full report: https://www.americanopportunityindex.org/