Machine Learning Times
Machine Learning Times
EXCLUSIVE HIGHLIGHTS
MLW Preview Video: Ayush Patel, Co-Founder at Twelvefold
 In anticipation of his upcoming presentation at Predictive Analytics...
MLW Preview Video: Sarah Kalicin, Data Scientist at Intel Corporation
 In anticipation of her upcoming keynote presentation at Predictive...
MLW Preview Video: Praneet Dutta, Senior Research Engineer at DeepMind
 In anticipation of his upcoming presentation at Deep Learning...
MLW Preview Video: Dean Abbott, President at Abbott Analytics
 In anticipation of his upcoming pre-conference workshop and presentations...
SHARE THIS:

6 years ago
Employee Life Time Value and Cost Modeling – Part 3

 Employee Tenure in a “Survival Analytics” Framework With a cumulative cost curve in hand, we now turn to evaluate attrition. We hope to illustrate a far more intuitive and useful visualization than the popular business metric, annual attrition. Annual attrition is but a single point on this easy-to-understand business tool. Survival Analytics Employee attrition falls into the same class of “survival” problem as machine failure rates or medical research. This domain has brought us solid statistical innovations, including a visualization known as the “survival curve.” The risk of a particular employee terminating from a job is much the

This content is restricted to site members. If you are an existing user, please log in on the right (desktop) or below (mobile). If not, register today and gain free access to original content and industry news. See the details here.

Comments are closed.