Human Resource Attrition Augmented Analytics Use Case - Smarten
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The document discusses a predictive analytics use case for human resource attrition, which helps companies identify employees likely to leave and those likely to stay based on factors like job satisfaction and demographic information. It employs binary logistic regression for classification accuracy, with reliable results achieved at 70% or higher. The model can output probabilities of employee attrition, flagging individuals as 'likely to leave' or 'unlikely to leave'.
Human Resource Attrition Augmented Analytics Use Case - Smarten
- 1. Human Resource Attrition Predictive Analytics Use Case
- 2. A company can determine which employees are most likely to leave, and which ones are most likely to remain loyal. This technique can be used to predict whether a particular employee will leave and when it will happen and to understand why particular employees leave. Human Resource Attrition Sample Application Description
- 3. Target Likelihood of employee attrition Human Resource Attrition Sample Application
- 4. • Job satisfaction • Satisfaction with pay • Performance-reward contingencies • Past working experience • Personal and demographic information about employees – gender, age, education, income, marital status, employment tenure Influencing Factors Human Resource Attrition Sample Application
- 5. Binary Logistic Regression is the method used for classifying numeric and/or categorical data into two groups based on predefined categories. • Higher classification accuracy (>=70%) means the results are reliable and accurate. • Lower classification accuracy (<70%) means the model needs to be rebuilt using different input parameters. Algorithm(s) Human Resource Attrition Sample Application
- 6. Model Visualisation Human Resource Attrition Sample Application
- 7. Model Visualisation Human Resource Attrition Sample Application
- 8. Model Visualisation Human Resource Attrition Sample Application
- 9. Model Summary Human Resource Attrition Sample Application
- 10. Interpretation Human Resource Attrition Sample Application
- 11. Result • Likelihood/probability of employee leaving the company. • Flag containing ‘likely to leave’ and ’unlikely to leave’ information with ‘yes’ and ‘no’ values. Human Resource Attrition Sample Application
- 12. Result Employee attrition prediction with probability value can be carried out using APPLY functionality shown below Human Resource Attrition Sample Application
- 13. Result Human Resource Attrition Sample Application
- 14. Human Resource Attrition Predictive Analytics Use Case For more information, contact us today. www.Smarten.com contact@Smarten.com Smarten – Human Resource Attrition Use Case - 2019