eightfold.ai
Eightfold Match Score and Employee Retention Study
Pages
8
Time to read
9 mins
Publication
Language
English
Pages
8
Time to read
9 mins
Publication
Language
English
This technical report presents a study on the effectiveness of the Eightfold Match Score in predicting employee retention. The objective of the study is to assess the criterion validity of the Eightfold Match Score in relation to employee retention 18 months post-hiring. The research utilizes data from over 100,000 employees hired between January 1, 2021, and June 30, 2022, analyzing the relationship between Match Scores and retention rates. The findings indicate that employees with higher Match Scores exhibit significantly better retention rates, suggesting that the Eightfold Match Score can be a valuable tool for organizations aiming to reduce turnover costs. The report details the methodology used, including the grouping of employees based on their Match Scores and the tracking of retention status. Additionally, it discusses the potential financial impact of improved retention rates, providing estimates of turnover cost savings for companies of various sizes. The study emphasizes the importance of a data-driven approach to hiring practices.