The Tale of the Honest King
November 4, 2009 at 7:55 pm | Posted in Business Improvement Fairy Tale Series | Leave a commentTags: employee performance planning, training
Once upon a time there was a king who built a castle specially for forgetful people to live. He was happy that he had this safe place for his mother to live and he wanted to build more castles like this for more forgetful people. But he had a problem, the people he found to work in his castle kept leaving to work in other castles. They weren’t happy working for him and he wasn’t sure why. But he knew that he couldn’t build more castles until he could fix this problem and so he declared “We need to figure out how to keep our workers happy!”.
Human Resource systems are instrumental in achieving high employee retention. Employee performance goals, reviews, and training are one aspect. Additionally, creating and executing compensation and vacation plans adds stability for the employee and for cash flow planning.
The king learned how to keep his workers happy by helping them define their career paths, provided training to all, and followed a plan for pay and vacations. The workers were happy with all of the changes. They felt like the king was fair and honest. They liked helping the people who needed them, and so they kept working for the king.
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