Elvee Debuts World's Only AI Employee Attrition Prevention Platform
Elvee [formerly Curve Tech], debuted its new name along with its unique AI platform to predict employee attrition based on more than 25,000 data points. In early deployments, the platform cut attrition by 62% on average, saving customers
Costs for replacing a single employee have climbed to sky-high levels, often half to four times their annual salary, while high-performing employees promoted to management roles often lack support for that transition while being expected to replicate their same great performance. The result is a costly revolving door and no tools for retaining top talent other than gut feelings. Even when action is taken to retain employees, it is reactive at best, and often too late.
Elvee's unique AI solution monitors 25,000 data points related to employees and achieves a nearly 90% accuracy rate in identifying workplace issues and successfully resolving issues that lead to attrition. The platform provides managers with instant visibility, actionable insights, and intelligent heatmaps needed to elevate employee motivation, performance, and proficiency. In its initial deployments, Elvee cut attrition by 62% and saved customers
Beyond the substantial impact Elvee's platform has produced during its initial deployments, the real magic is its compounding effect. Elvee enables organizations to enhance Employee Lifetime Value (ELTV), drive Customer Lifetime Value (CLV), and achieve sustainable success through better managers, better teams, and better business outcomes. Not only are companies saving money with the platform, but they're helping to build better brands and improving performance month in and month out, turning a large impact into a complete game changer.
"Companies are leaving money on the table by not taking care of their employee attrition problem, it's as simple as that," said Elvee's CEO,
"Using our operational data, Elvee AI prediction engine was able to accurately identify agents at risk of attrition providing our supervisors sufficient time to course correct and retain those top performing employees. We've decided to expand Elvee's implementation because of the successful POC," said
About ELVEE:
ELVEE is a pioneering employee experience platform combining AI with emotional intelligence to provide managers with the tools and insights to elevate employee motivation, performance, and proficiency. Leveraging over 25,000 unique data points for each call center agent, the ELVEE platform achieves over 90% accuracy in predicting workforce risks and enables managers to proactively address challenges. The result is a 62% reduction in attrition, unlocking millions in savings, enabling companies to retain top performers, and enhancing Employee Lifetime Value (ELTV) in service of greater Customer Lifetime Value (CLV).
View original content:https://www.prnewswire.com/news-releases/elvee-debuts-worlds-only-ai-employee-attrition-prevention-platform-302452286.html
SOURCE Elvee
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