Methodology & Definitions 3 In our last Outcomes Report , we included seven metrics important to understand BloomTech: 4 5 ● Graduation rate: Of the Starting Learners whose Original Expected Graduation Date 6 is in 2021, what percentage of them actually graduated as of the Reporting Date ? 7 ● Job placement rate: Of the learners whose Actual Graduation Date was during 2021, 8 and are job seeking , what percent of them have been placed as of the Reporting Date? 9 ● Time to placement: Of the Placed learners , how many of them were placed within X days of graduation? ● Salary outcomes: What is the median annualized salary of Placed Learners? ● Position type: What types of positions are BloomTech’s Placed Learners working in? ● Job title: What are the job titles of Placed Learners? ● Top hiring locations: Where do BloomTech Placed Learners receive job offers? In data sets where it is relevant, we break down outcomes according to program (Full Stack 10 Web Development, Data Science, and Other ) and/or program type (Full-Time and Part-Time). This year, we are also including: 11 Median salary growth : Difference between median annualized salary of first recorded offer after graduation from BloomTech and median annualized salary prior to joining BloomTech and secured a placement 3 BloomTech’s 2020 Outcomes Report covered learners who were scheduled to complete or graduated from a BloomTech program between January 1, 2020, and December 31, 2020 4 A Starting Learner is a learner who attended Day 1 of Unit 2 of the coursework 5 The date a learner is expected to graduate the program if they avoided repeating a unit or going on a hiatus; Unit is a combination of 4 sprints where each sprint is 1 week long course 6 Reporting Date: August 11, 2022 7 BloomTech defines a learner as a student or alumnus of a BloomTech program 8 A learner is considered Job Seeking if they are actively working with a Career Coach, are actively searching for a job using BloomTech Outcomes products, and/or have communicated to the Outcomes team that they are actively applying or searching for a job in a technical field. 9 A learner whose Actual Graduation Date was in 2021 and who was subsequently placed in a job as of the Reporting Date 10 UX, iOS, and Android 11 Salary comparison of salary earned prior to joining BloomTech vs post-BloomTech first placement salary of learners who reported previous salary prior to attending BloomTech and got placed; Actual population for Median Annualized salary growth data is 527, 88% of the total addressable population
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