Scribd
Upload
2 views1 page

Project Final

The project aims to address salary discrimination within Company X by developing a model that determines fair salaries for employees with similar profiles based on historical data. The goal is to minimize human judgment in salary decisions and ensure equitable compensation. This approach evaluates various factors, including experience and abilities, to maintain a consistent salary range.

Uploaded by

70719.devender
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
2 views1 page

Project Final

The project aims to address salary discrimination within Company X by developing a model that determines fair salaries for employees with similar profiles based on historical data. The goal is to minimize human judgment in salary decisions and ensure equitable compensation. This approach evaluates various factors, including experience and abilities, to maintain a consistent salary range.

Uploaded by

70719.devender
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Project:

Business Problem: To ensure there is no discrimination between employees, it


is imperative for the Human Resources department of Company X to maintain a
salary range for each employee with similar profiles. Apart from the existing
salary, a considerable number of factors—such as an employee’s experience and
other abilities—are evaluated during interviews. Given the data related to
individuals who applied to Company X, models can be built that automatically
determine the salary to be offered if a prospective candidate is selected. This
model seeks to minimize human judgment in salary decisions.
Goal & Objective: The objective of this exercise is to build a model, using
historical data, that will determine the salary to be offered to an employee,
minimizing manual judgment in the selection process. The approach aims to be
robust and eliminate any discrimination in salary among employees with similar
profiles.

You might also like