Combating High Employee Turnover in Knowledge-Based Organizations: A Predictive HR Analytics Framework for Talent Retention and Strategic Workforce Planning
Keywords:
employee turnover, knowledge-based organizations, predictive HR analytics, talent retention, workforce planning, machine learningAbstract
High employee turnover in knowledge-based organizations leads to loss of intellectual capital and increased costs. This paper presents a predictive human resources (HR) analytics framework for talent retention and strategic workforce planning in knowledge-driven firms. We use a publicly available HR dataset of 14,999 employees to identify patterns and risk factors for voluntary turnover. Key features such as job satisfaction, years at company, work-life balance, and compensation are analyzed using machine learning models (logistic regression, support vector machines, and random forests). Predictive models achieve up to ~88% accuracy in identifying employees at risk of leaving. Important predictors include low employee satisfaction, lack of recent promotion, long working hours, and mismatch in projects studio-pubs-static.s3.amazonaws.com. We propose an integrated framework where predictive insights trigger targeted retention interventions, such as career development or compensation adjustments, aligning HR strategy with business needs.
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