Apr 11, 2022
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Service categories
Service Lines
Big Data
Domain focus
Business Services
Other
Programming language
R
Challenge
Here are some of the challenges the company faced:
Availability of lucrative offers from other companies
Expectations of high salary
The right candidate in the wrong job
Fewer opportunities to do something new
Difficulties faced in work-life balance
High level of stress and out-of-reach goals
Unable to provide the right training
Here are some of the challenges the company faced:
Availability of lucrative offers from other companies
Expectations of high salary
The right candidate in the wrong job
Fewer opportunities to do something new
Difficulties faced in work-life balance
High level of stress and out-of-reach goals
Unable to provide the right training
Solution
Explored the employees with HRMS Application
Consolidated the five-year historical dataset
Explored the datasets and removed outliers and anomalies
The team identified 33 key attributes and build a data mart
Build a predictive analytics employee attrition model on a training data set
The employee attrition analysis model presented a set of characteristics along with statistics
Validate attrition model based on the entire data set
The employee attrition analysis model predicted and identified the employees who were likely to resign or stay in the organization.
Developed a Dashboard for HR Leaders where they can structure out personalized/group strategies for retention.
Explored the employees with HRMS Application
Consolidated the five-year historical dataset
Explored the datasets and removed outliers and anomalies
The team identified 33 key attributes and build a data mart
Build a predictive analytics employee attrition model on a training data set
The employee attrition analysis model presented a set of characteristics along with statistics
Validate attrition model based on the entire data set
The employee attrition analysis model predicted and identified the employees who were likely to resign or stay in the organization.
Developed a Dashboard for HR Leaders where they can structure out personalized/group strategies for retention.
Results
With this, predictive analytics of employee attrition, HR can plan out retention strategies in order to keep hold of the valuable employee
The company can recruit the best-fit resource by finding out the one who is likely to stay
Removes bottlenecks and creates the space for the entry of new talents
The new employee can bring in new thoughts, new ideas, creativity, and more innovation at work
The company can refrain to pay rewards to undesirable employees
These results helped the business to reinforce general perceptions of people in the business areas about the hotspots. It gives more mileage for HR to encourage investment in interventional strategies
With this, predictive analytics of employee attrition, HR can plan out retention strategies in order to keep hold of the valuable employee
The company can recruit the best-fit resource by finding out the one who is likely to stay
Removes bottlenecks and creates the space for the entry of new talents
The new employee can bring in new thoughts, new ideas, creativity, and more innovation at work
The company can refrain to pay rewards to undesirable employees
These results helped the business to reinforce general perceptions of people in the business areas about the hotspots. It gives more mileage for HR to encourage investment in interventional strategies