Title
Propensity modeling for employee Re-skilling.
Abstract
Due to the rapidly changing, dynamic nature of today's economic landscape, organizations are often engaged in a continuous exercise of matching their workforce with the changing needs of the marketplace. Re-skilling offers these enterprises the ability to effectively manage and retain talent, while also satisfying business requirements. We describe an analytics-based propensity scoring model for re-skilling by combining historical employee job-role/skill records, relationships between different job-roles/skills, employee resumes, and job postings. This is used to determine the source features that are the closest to a required target skill and hence identify employees that can be easily trained for the target skill. We evaluate this approach for a representative set of target skills at a multinational with a large services/consulting arm. We show that the propensity model learnt from the combined data sources has a high accuracy that is also substantially better than that achieved by using features from job-roles or resumes alone. The performance is improved further by using an ensemble model to evaluate the propensity scores.
Year
Venue
Keywords
2017
IEEE Global Conference on Signal and Information Processing
HCM,re-skilling,skill adjacency,workforce analytics,resume parsing
Field
DocType
ISSN
Multinational corporation,Ensemble forecasting,Workforce,Propensity score matching,Computer science,Knowledge management,Business requirements,Workforce planning,Analytics
Conference
2376-4066
Citations 
PageRank 
References 
0
0.34
0
Authors
3
Name
Order
Citations
PageRank
Moninder Singh1381105.12
Karthikeyan Natesan Ramamurthy216331.33
Vasudevan, S.3132.11