Jade has developed an Employee Attrition Prediction solution which helps an organization in identifying those employees who are likely to leave, along with their cause. These insights help HR managers to prepare the necessary plan of action for various business functions. The solution predicts an outcome on each employee as to whether he/ she has a probability to stay or a high probability to leave.
Employee Attrition Prediction
Applying predictive analytics to the HR department enables them to not just rely on gut feeling and soft science. This helps to:
- Predict which employee will stay or leave the organization, thereby helping organizations to develop and improve the retention strategies.
- Predict the risk scores for an employee, which can help the recruitment team to have suitable replacements on time and prevent revenue leakage.
- Understand general trends, patterns and symptoms of attrition so that specific actions plans can be prepared for each trend, pattern and symptoms