Potential of Artificial Intelligence in Boosting Employee Retention in the Human Resource Industry

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Published: Mar 11, 2023
DOI: https://doi.org/10.17762/ijritcc.v11i3s.6149
Keywords:
Employee retention, Human resource, Artificial Intelligence, ML, DL, Job satisfaction

Main Article Content

Supriya Paigude
Assistant Director & Professor at Dr. Vishwanath Karad MIT World Peace University, Pune, Maharashtra, India
Smita C. Pangarkar
Assistant Professor at Dr. Vishwanath Karad MIT World Peace University, Pune, Maharashtra, India
Sheela Hundekari
Associate Professor, MIT-ADT University, Loni kalbhor, Pune, Maharashtra, India
Manisha Mali
Assistant Professor, Department of Computer Engineering, Vishwakarma Institute of Information Technology, Pune, Maharashtra, India
Kirti Wanjale
Associate professor, Vishwakarma Institute of Information Technology, Pune, Maharashtra, India
Yashwant Dongre
Assistant Professor, Vishwakarma Institute of Information Technology, Pune, Maharashtra, India

Abstract

Artificial intelligence (AI) has the potential to transform the human resource (HR) industry by automating routine tasks, improving decision-making, and enhancing employee engagement and retention. In this paper, we explore the use of machine learning and deep learning techniques to boost employee retention in the HR industry. We review the current state of the art in AI for HR, including the use of predictive analytics, natural language processing, and chatbots for talent management and employee development. We also discuss the challenges and ethical considerations of using AI in HR, including issues of bias and the need for transparent and explainable algorithms. Finally, we present case studies of successful AI-powered HR initiatives that have demonstrated improvements in employee retention and engagement. Our findings suggest that AI has the potential to significantly enhance employee retention in the HR industry, but its implementation requires careful planning and consideration of potential risks and ethical issues.

Article Details

How to Cite
Paigude, S. ., Pangarkar, S. C. ., Hundekari, S. ., Mali, M. ., Wanjale, K. ., & Dongre, Y. . (2023). Potential of Artificial Intelligence in Boosting Employee Retention in the Human Resource Industry. International Journal on Recent and Innovation Trends in Computing and Communication, 11(3s), 01–10. https://doi.org/10.17762/ijritcc.v11i3s.6149
Issue
Vol. 11 No. 3s (2023)
Section
Articles

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