The notion of Censoring in Survival Analysis
After a first article on how Survival Analysis can help understand employee churn, this part focuses on the notion of censoring.
After a first article on how Survival Analysis can help understand employee churn, this part focuses on the notion of censoring.
You need to learn about your churn!”. But what is churn? Am I going to talk about machines and techniques to improve butter production? Well, no, I am talking about the other type of churn, specifically employee churn, or turnover – the rate at which employees leave a workforce and are replaced.
“Daddy, did you check the weather forecast?” This is the question my daughter asks me almost every morning. Maybe I should do this more often. Just like not checking the weather forecast often leads to us coming home drenched in rain, ignoring good HR data & analytics can also leave us out in the cold.