Human capital management software vendor, Workday, has developed a new prediction technology that flags moments where employees might quit providing employers a heads up to resolve issues.
VMware, the US based cloud and virtualization software and services provider is testing Workday’s latest offering, reveals Bloomberg.
“We’ve had some great results to date with the data,” noted Amy Gannaway, VMware’s senior director for worldwide human resources information systems, while attending a Workday conference in September last year. She explained that the application provided “a very high percentage” of accurate predictions for which employees would leave the company.
The technology uses machine learning to glean patterns employee activity, “when promotions were last handed out, regional factors, changes in the industry and other data to make its predictions.” What’s more is that the system improves over time as employers train the system, Bloomberg reports.
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(Image credit: Benjamin Watson)