Standard Talent Intelligence Parameters

This list was pulled together by GATI our resident AI Talent Intelligence Blogger with the prompt:

You are an expert in talent intelligence, labour market analytics, location strategy, workforce planning etc. You are pulling together a document that has three columns, column one is "Topic area" such as "Talent" or "Real Estate" or "World Bank Doing Business" column two is "Parameter" where you list out all the relevant parameters split by topic area for example under the , Talent Supply, Talent Demand, Talent Cost, Total labour cost would be under Talent, Corporate real estate costs, infrastrucutre etc under "Real Estate", Ease of doing business would be under "World Bank Doing Business" . The third column is "Definition" a definition of the parameter. Please expand this list of parameters and align as described above

 

Topic Area	Parameter	Definition
Workforce	Labor Force Participation Rate	The percentage of the population that is either employed or actively seeking employment in a given area.
Workforce	Skills Gap	The difference between the skills employers need and the skills available in the local workforce, including shortages in key industries and occupations.
Workforce	Talent Attrition	The rate at which employees voluntarily or involuntarily leave their jobs in a given area, including factors such as turnover rates, termination rates, and retirement rates.
Workforce	Talent Cost	The cost of recruiting, retaining, and compensating employees in a given area, including salary and benefits data, wage trends, and the cost of living in the local area.
Workforce	Talent Demand	The current and anticipated demand for employees in a given area, including industry growth projections, current job openings, and employer hiring plans.
Workforce	Talent Engagement	The level of employee engagement in a given area, including factors such as employee morale, job satisfaction, and retention.
Workforce	Talent Inclusion	The level of inclusivity in the local workforce, including the availability of resources and support for underrepresented groups such as people with disabilities, LGBTQ+ individuals, and veterans.
Workforce	Talent Migration	The movement of talent into and out of a given area, including immigration and emigration patterns, as well as trends in remote work and digital nomadism.
Workforce	Talent Pipeline	The quality and quantity of talent available in the education and training pipeline, including K-12, postsecondary, and vocational education.
Workforce	Talent Retention	The ability of companies to retain key talent in a given area, including factors such as job satisfaction, compensation, and work-life balance.
Workforce	Talent Sentiment	The attitudes and perceptions of employees towards their jobs and the local workforce in a given area, including factors such as employee satisfaction surveys, online reviews, and social media sentiment analysis.
Workforce	Talent Supply	The quantity and quality of potential employees in a given area, including the availability of qualified candidates, the size of the labor pool, and the educational attainment of the local workforce.
Workforce	Total Labor Cost	The total cost of employing workers in a given area, including payroll taxes, benefits, and other labor-related expenses.
Workforce	Workforce Development	The quality and availability of training programs, apprenticeships, and other initiatives designed to help workers acquire new skills or transition into new careers.
Workforce	Workforce Diversity	The level of diversity in the local workforce, including demographics such as race, gender, age, and educational background.
Workforce	Workforce Mobility	The ease with which workers can move between jobs, industries, or geographic locations, including factors such as noncompete agreements and occupational licensing requirements.
Workforce	Wage Growth	The rate at which wages are increasing in a given area, as reported by official government statistics or employer surveys.
Workforce	Unemployment Rate	The percentage of the labor force that is unemployed and actively seeking employment in a given area, as reported by official government statistics.
Real Estate	Business Climate	The overall business-friendly environment in a given area, including factors such as tax rates, regulatory burdens, and access to capital.
Real Estate	Commute Time	The average time it takes for workers to commute to and from work in a given area, including traffic congestion and public transportation options.
Real Estate	Corporate Real Estate Costs	The cost of renting or purchasing office or industrial space in a given area, including rent, utilities, maintenance, and other real estate-related expenses.
Real Estate	Energy Costs	The cost of energy in a given area, including electricity, natural gas, and other fuels.
Real Estate	Incentives	The availability and value of tax credits, grants, and other incentives provided by local or state governments to attract and retain businesses.
Real Estate	Infrastructure	The quality and availability of transportation, utilities, telecommunications, and other public services in a given area.
Real Estate	Land Availability	The availability and cost of land for development or expansion, including factors such as land use patterns and environmental regulations.
Real Estate	Real Estate Market	The state of the local real estate market, including vacancy rates, rental rates, and property values.
Real Estate	Zoning	The local regulations that dictate how land can be used and developed, including zoning designations, building codes, and other restrictions.
Doing Business	Dealing with Construction Permits	The procedures, time, and cost required to obtain construction permits in a given country.
Doing Business	Ease of Doing Business	An aggregate measure of the ease of doing business in a given country, including factors such as starting a business, obtaining permits, getting credit, and enforcing contracts.
Doing Business	Enforcing Contracts	The time and cost required to enforce a contract through the legal system in a given country.
Doing Business	Getting Credit	The ease with which businesses can obtain credit or financing in a given country, including credit reporting systems and legal frameworks for secured transactions.
Doing Business	Intellectual Property Protection	The strength and effectiveness of laws and regulations protecting intellectual property in a given country, including patents, trademarks, and copyrights.
Doing Business	Labor Market Regulations	The flexibility and efficiency of labor market regulations in a given country, including factors such as minimum wage laws, employment protections, and collective bargaining rights.
Doing Business	Paying Taxes	The ease with which businesses can comply with tax regulations in a given country, including the time and cost required to prepare and file tax returns.
Doing Business	Registering Property	The procedures, time, and cost required to register property in a given country, including the availability of digital platforms and online services.
Doing Business	Resolving Insolvency	The time, cost, and recovery rate for resolving insolvency in a given country, including the legal framework for insolvency, the strength of creditor rights, and the effectiveness of the bankruptcy process.
Doing Business	Starting a Business	The procedures, time, cost, and minimum capital required to start and register a business in a given country.
Doing Business	Trading Across Borders	The time and cost required to import and export goods in a given country, including customs procedures, documentation requirements, and fees.