A Novel Salary Prediction System Using Machine Learning Techniques
en-GBde-DEes-ESfr-FR

A Novel Salary Prediction System Using Machine Learning Techniques


A salary prediction system using machine learning techniques was developed by Dr. Fadi Sibai, Gulf University of Science & Technology Engineering Faculty and GEAR Center member, and his research colleagues at Wichita State University in the USA. A salary predictor has many uses. For instance, salary prediction helps employers and human resource organizations determine the appropriate salary to offer a new employee based on their profile. Likewise, employees can predict their potential salary based on their skills and years of experience in the job market, helping them in their decisions to seek other jobs, and accept or reject new job offers.
Experiments were done using the Kaggle dataset from the 1994 census database which has 32 thousand employee data records. The machine learning techniques used in determining whether an employee salary is less than or greater than $50,000 were: logistic regression, decision tree, Naive Bayes classifier, K-nearest neighbor, and support vector machine. Several attributes were considered in predicting the salary, including age, work class, final weight, education, marital status, occupation, relationship, race, gender, capital gain, capital loss, hours per week, native country, and salary. By training the machine learning models with this data, machine learning algorithms can identify patterns and relationships that contribute to salary levels, enabling accurate predictions to be made.

The methodology used is illustrated in Fig. 1. After importing the NumPy, Pandas, Matplotlib, and other libraries, and loading the dataset, ten different models were developed, and these models were trained with original training data and oversampled training data. In order to compare the models, Accuracy, as well as False Negative, and False Positive values were compared for the ten implemented models during the testing phase. Among the models evaluated, the Decision Tree with the original training data demonstrated superior performance in determining whether an employee’s salary is less than or greater than $50,000. In fact, the Decision Tree model exhibited a high accuracy rate of 82%. Consequently, this model becomes a valuable tool for employees, employers and HR Staff, and students seeking to make informed decisions about salaries.


Keywords:
decision tree; machine learning; model accuracy; salary prediction systems
A. Asaduzzaman, M. Uddin, Y. Woldeyes, F. Sibai, “A Novel Salary Prediction System Using Machine Learning Techniques,” Joint 9th International Conference on Digital Arts, Media and Technology with 7th ECTI Northern Section Conference on Electrical, Electronics, Computer and Telecommunications Engineering, ECTI DAMT and NCON , pp. 38-43, 2024
doi: 10.1109/ECTIDAMTNCON60518.2024.10480058.
Angehängte Dokumente
  • Methodology for Developing Machine Learning Models to Predict Employee Salary
Regions: Middle East, Kuwait
Keywords: Applied science, Technology, Artificial Intelligence, People in technology & industry, Business, Promotion, Recruitment

Disclaimer: AlphaGalileo is not responsible for the accuracy of news releases posted to AlphaGalileo by contributing institutions or for the use of any information through the AlphaGalileo system.

Referenzen

We have used AlphaGalileo since its foundation but frankly we need it more than ever now to ensure our research news is heard across Europe, Asia and North America. As one of the UK’s leading research universities we want to continue to work with other outstanding researchers in Europe. AlphaGalileo helps us to continue to bring our research story to them and the rest of the world.
Peter Dunn, Director of Press and Media Relations at the University of Warwick
AlphaGalileo has helped us more than double our reach at SciDev.Net. The service has enabled our journalists around the world to reach the mainstream media with articles about the impact of science on people in low- and middle-income countries, leading to big increases in the number of SciDev.Net articles that have been republished.
Ben Deighton, SciDevNet
AlphaGalileo is a great source of global research news. I use it regularly.
Robert Lee Hotz, LA Times

Wir arbeiten eng zusammen mit...


  • BBC
  • The Times
  • National Geographic
  • The University of Edinburgh
  • University of Cambridge
  • iesResearch
Copyright 2024 by DNN Corp Terms Of Use Privacy Statement