Oguz Karatay

  • Section B
  • Section 1
  • Alumni

Submitted

A New Opportunity for Cost Cutting through People Analytics: Employee Retention
Oguz Karatay
Posted on April 12, 2020 at 9:39 pm
In 2019, IBM noted that its artificial intelligence can predict with 95% accuracy which workers are about to quit their jobs[1]. It is a remarkable achievement as cost of employee replacement is estimated to be between 30 and 400% of [...]

Activity Feed

On April 15, 2020, Oguz Karatay commented on AI in Predicting Candidate Potential :

Thank you for sharing this! I agree with all of your conclusions. I thought about the same point Georges mentioned: whether this discussion is relevant for all job levels and functions. Maybe an algorithm can predict candidates’ potential if the job is relatively basic.

On April 15, 2020, Oguz Karatay commented on Wisdom of the Crowd: Interviewing Your Network with Searchlight.ai :

John, thanks for sharing this. Searchlight has the potential to help companies enormously. However, three potential cons came to my mind:
i) Would it reduce diversity in the workplaces by favoring same type of candidates, eventually resulting in lower creativity and more group-think?
ii) Can the algorithm be gamed by references?
iii) Can the algorithm develop some kind of bias?
Apart from these 3 questions, Searchlight would be super helpful for most companies.

On April 15, 2020, Oguz Karatay commented on Should companies use platforms like Zoom and Slack to track employee productivity? :

Great analysis! I agree with the most points. On one point though, I believe employers have the right to monitor employees’ activities during work hours. On the other hand, I do not think that being constantly monitored would necessarily improve the performance. Everyone has a different style of getting things done. All in all, if incorporated with other data, such as performance scores, peer feedback, and manager feedback, such monitoring would give companies relevant insight about the employee performance problems.