CASE STUDY

From Service to Civilian: Bridging the Veteran Skills Gap

Transitioning Servicemembers

12%

Veterans who took at least one year to find a job after leaving the Military†

44%

Veterans who left their first civilian job within one year of starting*

80%

Veterans who left their first civilian job within two years of starting*

USE CASE

Translating service and educational experiences into economic opportunity

US Army Sergeant, Jonathan, wants to transition from service and make a transition to a civilian career for family reasons.

Executives, managers and recruiters want to hire more veterans for nearly all roles in all industries…

Not just law enforcement.

SOLUTION

Johnathan can utilize AstrumU’s AI Translation Engine to translate his military experience into workforce skills and NSC’s Myhub digital wallet to verify and communicate their experiences to potential employers.

QUANTIFYING IMPACT

12%

Veterans who took at least one year to find a job after leaving the Military†

What if this solution could reduce the time to employment for just 20% of those Veterans taking more than one year down to six months?

~$160m

Potential lost wages earned by Veterans∿

~$84m

Potential unemployment benefits (UCX) no longer required to be paid∿

44%

Veterans who left their first civilian job within one year of start*

What if this solution could enable better alignment for just 10% of Veterans to their first job?

~$242m

Potential lost wages retained by Veterans‣

~$523m

Potential turnover cost avoided by employers‣

Sources

† https://www.pewresearch.org/social-trends/2019/09/10/the-transition-to-post-military-employment/

* https://www.military.com/veteran-jobs/why-separating-veterans-shouldnt-just-take-any-job-they-can-get.html

∿ https://www.hillandponton.com/veteran-civilian-pay-statistics/

200,000 soldiers transitioning out per year Average annual Veteran income = $66,000 Median salary for Army E7 = $70,000 UCX benefits = up to 50% of active-duty wages

‣ https://www.enrich.org/blog/The-true-cost-of-employee-turnover-financial-wellness-enrich#:~:text=Research%20by%20SHRM%20suggests%20that,overall%20losses%20to%20the%20company

Average employment gap length = five months Employee turnover costs = 90%+ of employee salary

measure

an individual’s skills

artificial intelligence quantifies an individual’s learned skills and work experience

map

individual skills to job roles

machine learning from 162m+ learner profiles normalizes the data asymmetry between in-demand job roles

recommend

personalized career paths

technology harnessing 40m+ job descriptions for & 7m+ company profiles predicts career-based personalization

EDUCATION

INDUSTRY

CUSTOM

TEAM + job openings

ADVISORS; guiding our mission

MISSION; leveling the playing field

THE TECH; how it works

CASE STUDY

From Service to Civilian: Bridging the Veteran Skills Gap

Transitioning Servicemembers

USE CASE

Translating service and educational experiences into economic opportunity

SOLUTION

Johnathan can utilize AstrumU’s AI Translation Engine to translate his military experience into workforce skills and NSC’s Myhub digital wallet to verify and communicate their experiences to potential employers.

QUANTIFYING IMPACT

Veterans who took at least one year to find a job after leaving the Military†

Veterans who left their first civilian job within one year of start*

measure

an individual’s skills

map

individual skills to job roles

recommend

personalized career paths

CASE STUDY

From Service to Civilian: Bridging the Veteran Skills Gap

Transitioning Servicemembers

USE CASE

Translating service and educational experiences into economic opportunity

SOLUTION

Johnathan can utilize AstrumU’s AI Translation Engine to translate his military experience into workforce skills and NSC’s Myhub digital wallet to verify and communicate their experiences to potential employers.

QUANTIFYING IMPACT

Veterans who took at least one year to find a job after leaving the Military†

Veterans who left their first civilian job within one year of start*

measure

an individual’s skills

map

individual skills to job roles

recommend

personalized career paths

Simplify the Skills Economy