This is a great article that discusses the tight labor market we are in and why turn-over rates are so high.
This algorithm can predict when workers are about to quit—here’s how
Workers are quitting their jobs at record rates, thanks to a tight labor market and high confidence that moving on will also mean moving up, particularly in pay.
Besides leaving in search of more money, recent job-quitters have also cited toxic work environments and limited room for growth as major reasons for putting in their notice.
For employers, this kind of insight might only become clear during an employee’s exit interview, if at all. But with the help of artificial intelligence and machine learning, researchers have developed an algorithm that may be a better predictor of when a worker is at risk of quitting.
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