HR Leaders How to Use Predictive Analytics for Employee Retention
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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.
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Novartis' Cultural Transformation
- Novartis' CEO implemented a cultural change based on the book "Unbossed", empowering employees and driving curiosity.
- This project measured the impact of this cultural shift on business performance, a challenging task due to the intangible nature of culture.
Accounting for Cultural Nuances
- When measuring cultural change, consider cultural nuances in survey responses, as scores can vary significantly across countries.
- Use country benchmarks and variances to ensure uniform measurement and avoid skewed inferences based on absolute numbers.
Integrating HR Data into Business Models
- Avoid developing pure HR models when predicting business results, as HR variables have a small contribution.
- Instead, integrate HR variables into broader business models for a more comprehensive and accurate prediction.
