Employment Foresight uses artificial intelligence to help HR departments navigate employment issues
The state of affairs
Issues relating to employee dismissal can arise unexpectedly and cause undue stress for HR departments. A significant portion of HR budgets often goes towards external legal counsel, including preparing for negotiation, mediation, and litigation. When determining the amount of notice (commonly referred to as “severance pay”) to offer a terminated employee, a company must strike a balance between paying too much, which reduces risk but affects the bottom line, or too little, which heightens the risk of litigation—a situation that could cost millions.
A better way
Computational tools help HR departments rapidly obtain clarity on employment issues and recognize when they need to ask for help from external counsel. Employment Foresight applies machine learning and artificial intelligence to the data from prior court decisions, to predict how an employment issue would be decided in court. Armed with a computational tool, HR professionals can quantify their risks, evaluate their next steps, and make better decisions—allowing a team to work more efficiently and plan for expenses with greater accuracy.
Find out more
Employment Foresight enables HR professionals to quickly resolve employment issues with confidence. For more information, sign up for our newsletter, check out our website, or book a demo to see all the features of Employment Foresight in action.