This is the last article in a series of three articles on employee churn published on AIHR Analytics. In this article I will demonstrate how to build, evaluate and deploy your predictive turnover model, using R. To start I will first briefly introduce my vision on employee churn and summarize the data science process. You…
People analytics is developing fast. Other lines of business have been using business intelligence for decades already. HR-professionals as well as suppliers of HR-systems & tools did not anticipate people analytics until recently. An important driver for people analytics is the development of agile organisations. Many boards struggle with the question how to adapt to…
In a previous blog I wrote about how we started a project to see if we could analyze and predict absenteeism. In this blog I will update you on our project. We were approached by a company with over 10,000 employees. The company’s HR manager was concerned about the increasing rates of absenteeism. He wanted to…
Analytics has been too much in the HR and systems news in recent months for me to wish to ignore. It is something of a buzzword and yet it remains decidedly difficult to get to grips with what analytics is all about in practice and for real. In my work meeting with HR leaders to…
Analytics is meant to improve decision-making, but it can also do harm. One of the most common harms is “analysis paralysis” where the organization is so busy analyzing the options that it doesn’t make a timely decision. Business leaders need to act to mitigate this risk, especially if they are investing a lot of money…
In our previous blog on turnover, part 1, we showed a business case for employee turnover. In this blog, we will take a closer look at the science behind turnover and ask ourselves the question: “Why do people quit?” In 2000, three scientists combined all existing literature on employee turnover. This resulted in a meta-analysis…
A few weeks ago, I spoke with Jake, managing partner in an accounting firm. His most important problem is attracting the right employees. His second most important problem is retaining these people. It turned out that every year over 20% of the employees left his organization. I asked Jake (somewhat surprised) how expensive he thought…
We approached a major fast-moving consumer goods (FMCG) company operating in Zimbabwe with the intention to help management understand why some of their retail outlets performed above expectation while other outlets performed below expectations. The aim was to identify controllable and non-controllable factors that influence the performance of each outlet. The identification of controllable factors…
This blog lists 11 key HR metrics. Metrics are a fundamental part of HR Analytics and offer valuable input for strategic decision-making. These key HR metrics provide a quick overview of HR’s effectiveness and can be used as Key Performance Indicators (KPIs). In our previous blog on HR Metrics, we wrote about 14 HR metrics…
You probably hate it when you feel sick – and so does your boss. Absenteeism is a real problem. The U.S. spends $84 billion per annum on absenteeism. This boils down to $560 per employee. The UK spends on average $890 per employee. In the Netherlands, this number is $1,545. I specifically mention the Netherlands…