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HR Leaders
How to Use Predictive Analytics for Employee Retention
Mar 25, 2025
Neeraj Tandon, Head of People Insights and Analytics at Syngenta Group, shares his wealth of experience in people analytics from Novartis and Philips. He discusses how transitioning from PowerPoints to actionable predictive models can significantly enhance employee retention strategies. Neeraj highlights a case study showing a 27% turnover reduction through innovative bonus structures. He also explores the critical role of governance in analytics and the importance of adapting to hybrid work dynamics to foster employee engagement and collaboration.
50:40
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Quick takeaways
- Transitioning from traditional presentations to actionable analytics enables HR teams to leverage data for improved employee retention.
- Understanding cultural change through engagement surveys highlights the connection between employee insights and enhanced business performance outcomes.
Deep dives
The Shift from Traditional Analytics to Productized Insights
Transitioning from traditional presentation formats like PowerPoints to productized insights can significantly enhance the impact of data analytics within organizations. Instead of merely producing impressive slides that gather dust, organizations can create actionable models that serve as tools for HR business partners. For instance, Philips developed about 200 predictive models focused on retention analysis, which helped HR teams understand future exit trends and identified key attributes leading to attrition. This approach not only fosters better engagement with HR teams but also introduces a level of governance around the insights, ensuring they are put into practice.
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Discover
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