Abstract

Employees are considered as the most valuable assets of any organization. Various policies have been introduced by the HR professionals to create a good working environment for them, but still, the rate of employees quitting the Technology Industry is quite high. Often the reason behind their early attrition could be due to company-related or personal issues, such as No satisfaction at the workplace, Fewer opportunities for learning, Undue Workload, Less Encouragement, and many others. This paper aims in discussing a structured way for predicting the churn rate of the employees by implementing various Classification techniques like SVM, Random Forest classifier, and Naives Bayes classifier. The performance of the classifiers was compared using metrics like Confusion Matrix, Recall, False Positive Rate, and Accuracy to determine the best model for the churn prediction. We found that among the models, the Random Forest classifier proved to be the best model for IT employee churn prediction. A Correlation Matrix was generated in the form of a heatmap to identify the important features that might impact the attrition rate.

Highlights

  • Employees are considered as the most valuable assets of any organization

  • "Attrition" is not a new term for us anymore, as it has become an unavoidable situation in any business or organization, where staff and employees tend to leave due to their personal and professional circumstances

  • We observe that the Random Forest classifier has achieved a far better prediction accuracy of 70.83% when compared to other classifiers

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Summary

Introduction

Employees are considered as the most valuable assets of any organization. Various policies have been introduced by the HR professionals to create a good working environment for them, but still, the rate of employees quitting the Technology Industry is quite high. "Attrition" is not a new term for us anymore, as it has become an unavoidable situation in any business or organization, where staff and employees tend to leave due to their personal and professional circumstances. This can cause a huge impact on any organization’s growth curve if it is not given any attention, soon [1]. Every time hiring new talent and training them in current technologies involves a great amount of cost to the organization Apart from this tangible expense, a fair amount of time we need to give the TEHNIČKI GLASNIK 15, 1(2021), 51-59 newly employed person to become a productive member of the project [3]

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