Sertis’ Attrition Prediction: Achieving 95% Accuracy in Predicting Employee Turnover

Employees are the key drivers of an organization’s success. Sertis understands this well and has developed the Attrition Prediction solution, a human resource management tool designed to help businesses understand their employees, retain quality staff, and create a positive work environment for everyone.

Utilizing machine learning models, we analyze and predict which employees are likely to resign, enabling organizations to address issues promptly. This solution also helps organizations identify the factors causing employees to consider leaving, allowing for targeted problem-solving to reduce turnover rates and increase employee satisfaction.

Why Should Organizations Use Attrition Prediction to Prevent Employee Resignation?

• Replacing an employee can cost 0.5 to 2 times the annual salary of the previous employee (Source: Gallup).
• 44% of large companies acknowledge the need to prepare for talent shortages in the next five years (Source: McKinsey & Company).

Besides these statistics, employee resignations disrupt operations, damage the company’s image, and affect the morale of remaining employees. Therefore, retaining talented employees is an urgent issue that organizations must address.

The Capabilities of Attrition Prediction

• Accurate Predictions: The Attrition Prediction solution from Sertis has proven to predict with up to 95% accuracy which employees are likely to resign.
• Comprehensive Data Analysis: All relevant data, including performance metrics, work hours, position, marital status, and years of service, are analyzed not only to predict resignations but also to understand the underlying causes.
• Proactive and Reactive Strategy Planning: The solution enables HR teams to plan both proactive and reactive strategies to address potential resignations, from improving factors leading to resignations to personalized planning to persuade employees to stay.
• Data-Driven Decision Making: The solution provides HR teams with all the necessary data to make informed decisions, enhancing overall employee satisfaction and improving workforce planning efficiency.

Benefits of Attrition Prediction

• Retain Quality Employees: Understanding the factors leading to employee resignations and retaining talented staff are crucial for business success.
• Cost Reduction: The costs associated with finding and training new employees are generally higher than those for retaining current ones. Therefore, retaining valued employees can result in significant cost savings.
• Effective Workforce Planning: HR teams can better understand employees’ needs and effectively prioritize factors that affect employee satisfaction, leading to more effective workforce planning and streamlined operations.
• Increased Competitiveness: Retaining quality employees, enhancing employee satisfaction, and effective workforce management lead to organizational growth and a competitive edge in the industry.

Start today to customize an Attrition Prediction Solution for your business in three easy steps:

1. Our experts will work closely with your company to understand your business needs, characteristics, and desired outcomes to gather all necessary data.
2. All data will be cleaned and organized, making it ready for efficient training of machine learning models.
3. A user-friendly platform will be developed to enable real-time tracking of employee data, ensuring ease of use.

For more information and to contact us, visit: https://www.sertiscorp.com/contact-us