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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
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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