Assessing Employee Attrition Risk using Logistic Regression Analysis with Kirsten Edwards
6th April 2016 | Kirsten Edwards
Organizations invest a lot of money on training, giving employees onsite opportunity, offering compensations above market level to retain employees. However, currently these methods are being generically applied in order to control employee attrition. In this video Kirsten introduces the concept of Logistic Regression as a technique of predicting attrition risk attached with each employee and highlights the importance of attrition risk assessment using predictive HR analytics.
Thus the application of Logistic Regression enables organizations to employ a more targeted approach towards their employee retention strategies accrording to Kirsten Edwards.
Predictive HR Analytics author Kirsten Edwards explains what logistic regression is and provides examples of how you can use it and data in your organization to determine the probability of something happening.