Various prediction methods for finding employee retention rate

Abstract

Prediction method are the methods performed on a data set either to foresee the reaction variable worth in view of an indicator variable or to concentrate on the connection between the reaction variable and the indicator factors. With the help of prediction, it will assist any organisation whether it is corporate or academic for the future retention rate of the employees and the grey area on which the organisations has to focus on rectification of employees concerned problems to increase the loyalty rate. Purpose of this paper is to explain the various techniques which are available presently for predicting or forecasting. This paper also explains about various prediction techniques and also provide insights about these techniques which are available for finding employee retention.