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A machine learning-based analytical framework for employee turnover prediction

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  • Xinlei Wang
  • Jianing Zhi

Abstract

Employee turnover (ET) can cause severe consequences to a company, which are hard to be replaced or rebuilt. It is thus crucial to develop an intelligent system that can accurately predict the likelihood of ET, allowing the human resource management team to take pro-active action for retention or plan for succession. However, building such a system faces challenges due to the variety of influential human factors, the lack of training data, and the large pool of candidate models to choose from. Solutions offered by existing studies only adopt essential learning strategies. To fill this methodological gap, we propose a machine learning-based analytical framework that adopts a streamlined approach to feature engineering, model training and validation, and ensemble learning towards building an accurate and robust predictive model. The proposed framework is evaluated on two representative datasets with different sizes and feature settings. Results demonstrate the superior performance of the final model produced by our framework.

Suggested Citation

  • Xinlei Wang & Jianing Zhi, 2021. "A machine learning-based analytical framework for employee turnover prediction," Journal of Management Analytics, Taylor & Francis Journals, vol. 8(3), pages 351-370, July.
  • Handle: RePEc:taf:tjmaxx:v:8:y:2021:i:3:p:351-370
    DOI: 10.1080/23270012.2021.1961318
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    Cited by:

    1. Borch, Christian, 2022. "Machine learning, knowledge risk, and principal-agent problems in automated trading," Technology in Society, Elsevier, vol. 68(C).
    2. Xueling Li & Yujie Long & Meixi Fan & Yong Chen, 2022. "Drilling down artificial intelligence in entrepreneurial management: A bibliometric perspective," Systems Research and Behavioral Science, Wiley Blackwell, vol. 39(3), pages 379-396, May.
    3. Yu Sun & Yuming He & Haiqing Yu & Hecheng Wang, 2022. "An evaluation framework of IT‐enabled service‐oriented manufacturing," Systems Research and Behavioral Science, Wiley Blackwell, vol. 39(3), pages 657-667, May.

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