Answering Probability Of Continued Employment: A Guide To Navigating Job Market Uncertainty
Probability of Continued Employment (PCE) measures the likelihood that employees will remain employed by an organization. It’s influenced by job satisfaction, performance, and company health. PCE can be estimated using statistical methods like survival analysis or Markov models. Workforce planning, succession planning, and employee retention programs utilize PCE data. To enhance PCE, organizations should prioritize…