Predict Employees Likely To Leave & Take Preventive Measures Before Its Too Late
Whether it is high performing employees/loyal customers, they undoubtedly have a pivotal role in contributing to the growth of any organization. But sometimes they just quit/drop out, at the time when you least expected it to happen. This could take a hit on the ongoing business projections and ultimately lead to revenue loss for the organizations.
Early Warning Signals using Azure ML libraries based predictive analytics to help clients (like you) to find the employees/customers at risk. At the same time, one can identify the underlying reasons for this churn via interactive Power BI dashboards. All this happens by identifying the hidden patterns in the historic data (fetched, trained and tested using Azure Data Factory) along with the help of some sophisticated predictive algorithms (KNN Classification, Logistics Regression, Naive-Bayes, XGBoost)
Being aware of the underlying parameters that could be responsible for attrition gives you the flexibility and time to act accordingly. Now, you can take prior preventive measures to avoid the churn before it's late, and help you save costs since the cost of retaining an existing employee/customer is far less than acquiring a new one.
๐ข๐๐ฟ ๐ฐ๐ผ๐ป๐๐๐น๐๐ถ๐ป๐ด ๐ฝ๐ฎ๐ฐ๐ธ๐ฎ๐ด๐ฒ ๐ผ๐ณ๐ณ๐ฒ๐ฟ๐ ๐ฎ ๐ณ๐ฟ๐ฎ๐บ๐ฒ๐๐ผ๐ฟ๐ธ ๐ณ๐ผ๐ฟ ๐๐ถ๐๐ถ๐๐ฒ๐ป ๐๐ฎ๐๐ฎ ๐ฆ๐ฐ๐ถ๐ฒ๐ป๐๐ถ๐๐๐ ๐๐ผ: โฆ Upload the โTrainโ and โTestโ data โฆ Define Parameters that contribute to the prediction โฆ Choose Prediction Models as per accuracy โฆ Alter parameters to identify Prescriptive measures โฆ View Actual Results of the Churn
๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐ฆ๐๐ฎ๐ฐ๐ธ:
๐๐ฒ๐น๐ถ๐๐ฒ๐ฟ๐ฎ๐ฏ๐น๐ฒ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐ผ๐น๐๐๐ถ๐ผ๐ป: Descriptive Analytics - Workforce Analytics: Level/Band spread, age spread, department spread Predictive Analytics - Prediction of Churn with reason and probability of Churn Prescriptive Analytics - What if analysis: simulation across reasons for churn to prevent churn
๐๐๐๐๐ผ๐บ๐ฒ๐ฟ ๐ฉ๐ฎ๐น๐๐ฒ: Helps predict churn and take proactive measures to prevent it.