Problem

A company was experiencing high employee turnover rates and increasing costs associated with hiring and training new employees. They needed to identify the root causes of the problem and find a way to optimize their human capital management.

They conducted an employee cost and retention analysis by cost centre, contract type, and gender to gain insights into the factors contributing to high turnover rates. However, they lacked the tools and expertise necessary to analyse the data effectively.

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Solution

I worked with the company to conduct a comprehensive employee cost and retention analysis using advanced data analytics tools. I analysed monthly employee costs and turnover rate by segment, identifying key trends and patterns in the data.

Impact

Reduced employee turnover rates by 5%
Decreased overall employee costs by 10%

"This project had an incredible impact on our business. Thanks to the insights provided by this analysis, we were able to make data-driven decisions that helped us control costs while improving retention."

Employee Cost and Retention Analysis