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Problem Statement

The document discusses building a model to determine employee salaries at Delta Ltd. using historical data to minimize human judgment and discrimination. The objective is to have a robust approach and eliminate any discrimination among similar employee profiles. The data provided includes fields like experience, education, location, current compensation, and the expected compensation (target variable) that the model would predict.

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GURUPADA PATI
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317 views2 pages

Problem Statement

The document discusses building a model to determine employee salaries at Delta Ltd. using historical data to minimize human judgment and discrimination. The objective is to have a robust approach and eliminate any discrimination among similar employee profiles. The data provided includes fields like experience, education, location, current compensation, and the expected compensation (target variable) that the model would predict.

Uploaded by

GURUPADA PATI
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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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

Proprietary content. ©Great Learning. All Rights Reserved. Unauthorized use or distribution prohibited.
File: Data.csv

Target variable: Expected_CTC

Data dictionary:

IDX Index
Applicant_ID Application ID
Total_Experience Total industry experience
Total experience in the field applied for (past work experience that
Total_Experience_in_field_applied 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.)

Proprietary content. ©Great Learning. All Rights Reserved. Unauthorized use or distribution prohibited.

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