CASE STUDY

25% Reduction in Employee Turnover Rates Achieved by a Food Outlet through the Implementation of Turnover Prediction Model

Sep 22, 2016

Business Challenge

Reducing employee turnover.

A leading food outlet wanted to understand the reason behind the increasing turnover of its employees and find ways of improving retention.

Speak with our analytics experts today to know all about turnover prediction model and how it can transform your organization’s human resource organization.

Situation

Day-to-day operations being affected due to a significant increase in employee turnover.

The client was experiencing a constant increase in employee turnover, which had a bad impact on their operations and ability to handle customers. This eventually started impacting customer satisfaction.

Solution/Approach

A turnover prediction model for early identification of outlets at high risk.

We conducted data analysis on survey results conducted with existing and outgoing employees. On the basis of this data, we were able to assess the primary reasons behind the turnover. We also developed a turnover prediction model with high accuracy and conducted regression analysis on the top factors to create clusters of high risk. The client was able to use our customized dashboards for data visualization of predicted turnover and outlets at high risk.

Request a free proposal for customized solutions to transform your human resource function and drive tangible results across the organization.

Impact

Reduced employee turnover and efficient risk mitigation planning resulting in improved customer satisfaction.

Our solution helped the client gain insights into the reasons for increasing employee turnover. We also deployed a mechanism to raise an on-time risk flag that predicted potential turnover and high-risk zones, which helped the client create risk mitigation planning and linking it to seasonal absences, resignation trends, etc. The client strengthened its recruitment planning which helped in avoiding being blindsided by the loss of critical workforce. The major benefit was a reduction in turnover rate by up to 25%.

Ready to Harness Game-Changing Insights?

Request a free solution pilot to know how we can help you derive intelligent, actionable insights from complex, unstructured data with minimum effort to drive competitive readiness, market excellence, and success.

Recent Case Studies

Industries

Our advanced analytics expertise spans across industries, sectors, and functions, which enables us to deliver robust, agile solutions to all our clients. These are our core competencies, formed through years of experience.

Insights

Our free resources shed light on our extensive expertise and equip you with information to accelerate decision-making, growth, and innovation.