{"id":6565,"date":"2015-10-09T10:00:54","date_gmt":"2015-10-09T14:00:54","guid":{"rendered":"http:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/?p=6565"},"modified":"2015-10-06T09:41:36","modified_gmt":"2015-10-06T13:41:36","slug":"big-data-can-help-cut-employee-turnover-costs","status":"publish","type":"post","link":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/big-data-can-help-cut-employee-turnover-costs\/6565\/","title":{"rendered":"Big Data Can Help Cut Employee Turnover Costs"},"content":{"rendered":"Today\u2019s job market for highly skilled employees is white hot. The workforce is quick to move from one opportunity to another, and employers are faced with high costs for recruiting and reduced inefficiencies resulting from having to constantly train new employees. The exact cost of turnover is hard to estimate,\u00a0since it varies significantly among different studies and situations. An oft-cited estimate based on a calculation using a \u201cCost of Turnover\u201d worksheet provided by the Society for Human Resource Management (SHRM) is that costs are roughly 150% of the employee\u2019s salary. Other calculations suggest that it is more than <a href=\"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/big-data-can-help-cut-employee-turnover-costs\/6565\/\" class=\"more-link\">(more&hellip;)<\/a>","protected":false},"excerpt":{"rendered":"<p>Today\u2019s job market for highly skilled employees is white hot. The workforce is quick to move from one opportunity to another, and employers are faced with high costs for recruiting and reduced inefficiencies resulting from having to constantly train new employees. The exact cost of turnover is hard to estimate,\u00a0since it varies significantly among different [&hellip;]<\/p>\n","protected":false},"author":625,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[11],"tags":[42,387],"class_list":["post-6565","post","type-post","status-publish","format-standard","hentry","category-industry-news","tag-big-data","tag-predictive-analytics-world-for-workforce"],"_links":{"self":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/6565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/users\/625"}],"replies":[{"embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/comments?post=6565"}],"version-history":[{"count":1,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/6565\/revisions"}],"predecessor-version":[{"id":6566,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/6565\/revisions\/6566"}],"wp:attachment":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/media?parent=6565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/categories?post=6565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/tags?post=6565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}