Attrition Rate Analysis

In today's fast-paced business landscape, understanding and managing attrition rates is crucial for any organization's success. I've developed this comprehensive dashboard using Power BI, which allows us to gain valuable insights into our workforce dynamics.

🎯 Key Insights:

🔹 The attrition rate of the Research and Development department is 55.9%, which is the highest among all the departments.

🔹 Employees who live near the office have the highest attrition rate of 61%.

🔹 The attrition rate among employees who rarely travel for business purposes is the highest at 65.7%.

🔹 Employees in the lowest monthly income bracket of 1K to 5K have the maximum attrition rate.

🔹 Employees between the ages of 28 and 34 have a higher chance of leaving the company.

📌 Here are the interpretations for each of the key insights: 💼 The Research and Development department is experiencing a significantly high attrition rate compared to other departments. This might indicate potential issues within the department, such as work-related stress, and lack of growth opportunities.

💼 Surprisingly, employees who live near the office are leaving the company at a higher rate. It may suggest that employees who live nearby have more opportunities for job changes in the area, leading to higher attrition.

💼 Employees who infrequently travel for business purposes have the highest attrition rate. This could indicate that these employees feel disconnected from the company or have limited exposure to growth opportunities or career advancements.

💼 Employees earning the lowest monthly income, ranging from 1K to 5K, are more likely to leave the company. This suggests that compensation might be a significant factor contributing to attrition.

💼 Employees aged between 28 and 34 have a higher attrition rate compared to other age groups. This age range often corresponds to a critical phase in one's career, where individuals may be seeking new opportunities for growth and advancement.