“ ’P-R-O-P-E-R’ Planning-A suggestive model for enhancing an employee retention in the organization”
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Planning is an essential function which is required in every step of a life; whether it is a home, school, college, club or office. Even if we want go for a picnic, it requires planning. Human assets play a significant role in achieving the organization goal. Therefore, it is necessary to have planning for various aspects related to the workforce of the organization for the betterment & success of it. In respect to the organization, there are question arises-Planning for what, whom, why, when, where & how? From the research, it has been concluded that Employer must have Planning for “P-R-O-P-E-R” i.e P-Participation Management, R-Recruitment, O-Optimum utilization, P-Performance-Pay, E-Exit Policy & Relationship among employees. P-R-O-P-E-R is the factors helpful in retaining key employees in the organization. The research encompasses an analysis of various factors which is helpful in retaining the key employees of the organization. The paper is based on the relevant literature review & secondary data available on the internet. The paper is also suggesting a model for employee retention through P-R-O-P-E-R Planning & also given shed light on importance of P-R-O-PE-R Planning for the Success of the Organization.