2021
DOI: 10.4018/jgim.20211101.oa23
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Intelligent Employee Retention System for Attrition Rate Analysis and Churn Prediction

Abstract: The paper aims to examine the factors that influence employee attrition rate using the employee records dataset from kaggle.com. It also aims to establish the predictive power of Deep Learning for employee churn prediction over ensemble machine learning techniques like Random Forest and Gradient Boosting on real-time employee data from a mid-sized Fast-Moving Consumer Goods (FMCG) company. The results are further validated through a regression model and also by a multi-criteria Fuzzy Analytical Hierarchy Proce… Show more

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Cited by 45 publications
(24 citation statements)
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References 31 publications
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“…Machine-learning techniques have been used to create models that predict attrition (Saradhi and Palshikar, 2011). Rombaut and Guerry (2018) used a logistic regression model and a decision tree technique to analyze turnover, while Srivastava and Eachempati (2021) used deep learning techniques to forecast employee attrition. The identification and quantification of factors causing attrition can help identify processes to reduce turnover by alleviating their impact.…”
Section: Hr Functionsmentioning
confidence: 99%
“…Machine-learning techniques have been used to create models that predict attrition (Saradhi and Palshikar, 2011). Rombaut and Guerry (2018) used a logistic regression model and a decision tree technique to analyze turnover, while Srivastava and Eachempati (2021) used deep learning techniques to forecast employee attrition. The identification and quantification of factors causing attrition can help identify processes to reduce turnover by alleviating their impact.…”
Section: Hr Functionsmentioning
confidence: 99%
“…Additionally, future research can include validation of our proposed framework using other types of Lean Six Sigma projects such as process design, process redesign, and infrastructure implementation (Brassard et al, 2017). Our study focuses on integrating the Quality 4.0 and COVID-19 characteristics and other relevant frameworks, such as Industry 4.0 (Peng et al, 2021;Hughes et al, 2020), Logistics 4.0 (Kucukaltan et al, 2020), Work 4.0 (Saputra et al, 2021), quality analytics systems (Lee et al, 2021), and AI-based employee management systems (Srivastava and Eachempati, 2021), may also enrich the existing considerations to better manage the WFA workforce and engage stakeholders. Future studies should consider the factors from these relevant frameworks to further strengthen the relationships with the stakeholders.…”
Section: Limitations and Future Researchmentioning
confidence: 99%
“…Very few management researchers have until now paid attention to the study of HR analytics (Marler and Boudreau, 2017). Thereafter many types of research related to predicting employee attrition (Srivastava and Eachempati, 2021; Harsha et al , 2020; Setiawan et al , 2020); big data (Dahlbom et al , 2020; Yahia et al , 2021); artificial intelligence in HRM (Achchab and Temsamani, 2021; Pillai and Sivathanu, 2020), talent acquisition (Ghosh and Basu, 2020; Necula and Strîmbei, 2019); predicting employee absenteeism (Lawrance et al , 2021), etc were conducted. The evolution of HR analytics has replaced heuristic and intuition-based decisions with data-driven decisions with reduced subjectivity (Rasmussen and Ulrich, 2015).…”
Section: Background Of the Studymentioning
confidence: 99%