Making these lateral moves increased an associate’s chance of staying with the company by 48%.
Making these lateral moves increased an associate’s chance of staying with the company by 48%.Tags: Multiple Integrals Solved ProblemsRoad Safety For School EssaySocial Psychology Topics For Research PapersDialectical Essay Writing2009 Mba Essay QuestionsRed Cross Research Papers
A local transport business wanted to reduce the cost of road traffic accidents (RTA) of their drivers.
This not posed a danger to the people involved but these accidents also delayed the transport and were very costly because of material damages.
The analytics team also identified flight risk triggers: when someone moved further away from the office, this would increase immediate flight risk.
The model was rolled out in multiple regions – with slight differences to the predictive algorithm.
As I already said, I have only included case studies that showed tangible organizational benefits.
On March 13 2015, the Wall Street Journal published an article titled: “The Algorithm That Tells the Boss Who Might Quit”.
The hypothesis here was that engagement with social media might fall when employees are thinking about leaving.
The investment yielded $ 300,000,000 over four years and turnover for critical roles has fallen by 25%.
Engagement is often seen as the holy grail of HR – but its impact is hard to measure. The significance of this relationship motivated Best Buy to make employee engagement surveys quarterly rather than annually. By building a predictive model that included 200 attributes, including team size and structure, supervisor performance, and length of commute, they were able to predict flight risk.
An example risk factor was teams of more than 10 to 12 people.