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Research Outline
Prepared for Tom | Delivered July 22, 2019
Employee Attrition/Retention Prediction
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Goals
To analyze the competition in the employee attrition/retention prediction market to create a differentiation strategy for the startup by mapping out the top players in this space.
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Early Findings
There are different types of options available when it comes to employee retention/attrition prediction.
Some companies offer consulting services through which they work with a client to analyze their employee retention trends/possibilities. An example of such a company is
Infoworks
that offers their
services
(i.e. analysis on demand) but do not have a standalone product that analyzes employee retention.
There are a number of companies that offer products that predict employee retention/attrition, e.g.
Visier
,
Datapine
,
Namely
,
BlueGranite
,
CultureAmp
, and
Experfy
.
This list is not exhaustive and the players mentioned may not be top players in this space.
Visier
analyzes performance, absence and overtime, and talent management.
Datapine
analyzes employee performance and general workforce metrics.
Namely
analyzes employee retention/attrition by analyzing benchmarks, genearl HR insights, pay equity, diversity, and generates reports.
Experfy
analyzes churn prediction, attrition root cause, and resignations across a number of factors.
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