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Data Driven Interventions to Enrich Human Capital

A paper by Dr. Bikramjit Chaudhuri

Overview

The Great Resignation, has brought attrition and related challenges in the limelight. Employee centric data, coupled with advanced analytics and AI/ML solutions, can help predict and answer questions around why and when an employee will leave and what can be done to retain the right talent. This paper introduces an integrated approach to resolve three key components of hiring, attrition, and engagement; by leveraging pertinent historical records along with additional information through surveys to plug in the data gaps. This study helps determine how we can best enrich our human capital to achieve organizational goals effectively.

 

Key Takeaways

Diagnostics and triggers of potential attrition at individual employee level

Key factors associated with employee motivation and inspiration

Automated screening and shortlisting of applications leveraging the latest in NLP.

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