Lexalytics, a provider of cloud and on-premise text analytics solutions, is launching its HR Industry Pack, which uses text analytics to improve corporate human resources (HR) operations and voice of the employee (VOE) programs.
The HR Industry Pack uses Lexalytics’ machine learning and artificial intelligence technologies to analyze company reviews, internal company emails, message boards, employee surveys and other workplace data. With the resulting insight into employee sentiment about the organization, management teams can design programs to improve retention, productivity and satisfaction.
“With a strong economy and tight job market, it’s more important than ever for companies to retain and attract top talent,” said Jeff Catlin, CEO of Lexalytics. “
The HR Industry Pack, the company’s latest industry-specific text and sentiment analysis software, makes it easier for HR professionals to identify what is effective within their organizations, and to use this insight to build effective employee-related programs, observed Jeff Catlin, CEO of Lexalytics, noting that with strong economy and tight job market, it’s expecially important for companies to attract and retain top talent.
The HR Industry Pack includes 185 categories specific to employee content; around concepts like benefits, discrimination, ethics, and managerial quality, allowing companies to reduce overall risk by catching problems as early as possible, and helping them to keep their high performers happy.
The pack also includes more than 2,000 sentiment phrases drawn from genuine employee feedback. In a test of over 2,000 documents, the Lexalytics HR Industry Pack achieved 82% overall agreement with human annotators, reaching the gold standard at which humans agree of ~80%.
For more information, visit www.lexalytics.com/technology/industry-packs.