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Homework answers / question archive / Business Problem: To ensure there is no discrimination between employees, it is imperative for the Human Resources department of Delta Ltd

Business Problem: To ensure there is no discrimination between employees, it is imperative for the Human Resources department of Delta Ltd

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Business Problem:

To ensure there is no discrimination between employees, it is imperative for the Human Resources department of Delta Ltd. to maintain a salary range for each employee with similar profiles

Apart from the existing salary, there is a considerable number of factors regarding an employee’s experience and other abilities to which they get evaluated in interviews. Given the data related to individuals who applied in Delta Ltd, models can be built that can automatically determine salary which should be offered if the prospective candidate is selected in the company. This model seeks to minimize human judgment with regard to salary to be offered.

Goal & Objective: The objective of this exercise is to build a model, using historical data that will determine an employee's salary to be offered, such that manual judgments on selection are minimized. It is intended to have a robust approach and eliminate any discrimination in salary among similar employee profiles

 

File: Data.csv

Target variable: Expected_CTC

Data dictionary:

 

IDX

Index

Applicant_ID

Application ID

Total_Experience

Total industry experience

 

Total_Experience_in_field_applied

Total experience in the field applied for (past work experience that

is relevant to the job)

Department

Department name of current company

Role

Role in the current company

Industry

Industry name of current field

Organization

Organization name

Designation

Designation in current company

Education

Education

Graduation_Specialization

Specialization subject in graduation

University_Grad

University or college in Graduation

Passing_Year_Of_Graduation

Year of passing Graduation

PG_Specialization

Specialization subject in Post-Graduation

University_PG

University or college in Post-Graduation

Passing_Year_Of_PG

Year of passing Post Graduation

PHD_Specialization

Specialization subject in Post-Graduation

University_PHD

University or college in Post Doctorate

Passing_Year_Of_PHD

Year of passing PHD

Curent_Location

Curent Location

Preferred_location

Preferred location to work in the company applied

Current_CTC

Current CTC

Inhand_Offer

Holding any offer in hand (Y: Yes, N:No)

Last_Appraisal_Rating

Last Appraisal Rating in current company

No_Of_Companies_worked

No. of companies worked till date

Number_of_Publications

Number of papers published

Certifications

Number of relevant certifications completed

International_degree_any

Hold any international degree (1: Yes, 0: No)

Expected_CTC

Expected CTC (Final CTC offered by Delta Ltd.)

 

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