It is known that organizations failing to retain high performers are left with less qualified workforce that ultimately hinders their ability to remain competitive. To understand needs, concerns and expectations of employees, employers regularly get information through surveys. It is challenging to get honest responses from employees, even when the survey is anonymized.
To overcome limitations of direct surveys, R-Insights experts recommend to implement attrition modeling.
Attrition modeling is a direct application of turnover research that can favorably impact workforce planning and action planning. The use of data mining techniques for big companies will enable to accurately predict employee attrition and take measures to prevent it.
Employee relationship analysis is perfect for:
Understanding the real needs and concerns of current employees
Forecasting the churn of employee and preventing it in timely manner
Improving the human resource management practices throughout the company