As artificial intelligence (AI) grows in popularity among businesses, it’s no surprise to hear that more and more companies are using the tech to automate tasks and boost productivity.
However, tech firm IBM has gone one step further with its AI usage following the introduction of a new machine that can analyse employees and determine when they might quit.
According to a report by CNBC, IBM’s CEO Ginni Rometty revealed that the patented ‘predictive attrition program’, which can accurately predict an employee’s decision to quit in 95% of cases, reported Techspot.
Comp & Bens | Releasing the pressure
Rometty shared that as a result of the new tech, IBM has saved around £228,226,500 ($300million) in ‘retention costs’, which is a promising figure considering the company employs around 350,000 staff members.
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