Here are a few tips on how to hand out pink slips when it comes time to terminate an employee.
As a small business owner with employees, you will likely find it necessary one day to terminate an underperforming employee ? if you haven't already. In an ideal world, that wouldn't be so. We would hire the right people from the start, and then train and motivate them to do the job.
But, that's not realistic. In the audio book, "Sound Advice on Small Business," entrepreneur Jim Schell says, "The world and the people who inhabit it fall something short of perfect, and thus firing is a necessary evil of having employees."
For some small business owners, taking this unfortunate step is stressful. It might be tempting to delay the action. Schell says don't. "Once you've made the decision, get on with it," he says. "Procrastination is painful for both parties."
Before calling the employee into your office, prepare yourself mentally. "Remember that the underperforming employee is dragging down the rest of the team," says Schell. "Good employees are being penalized."
Finally, Schell suggests doing the dirty deed on Fridays. "Give both parties the weekend to recover," he says. "And remember, it's a heck of a lot harder on whoever's on the other side of the desk."
Jim Schell, co-author of "Small Business for Dummies," offers advice to entrepreneurs on managing a small business in the free audio newsletter from What's Working in Biz, http://www.whatsworking.biz/full_story.asp?artid=92.
About The Author
Richard Cunningham is a principal of What's Working in Biz, http://www.whatsworking.biz/full_story.asp?artid=92., the audio marketing firm bringing voice to the insights of business experts through audio books, newsletters, and magazines.
limo prices to midway Crystal Lake west of Randal .. Lockport Chicago limo O’HareEveryone wants to succeed in life. Most people want to... Read More
Is it right for you?If you decide to advertise your... Read More
"The way to develop self-confidence is to do the thing... Read More
The Federal Trade Commission is upgrading the franchise law and... Read More
Early in my career, I wrote an article for a... Read More
IntroductionIt is widely recognised that Email and the Internet is... Read More
Aside from the fear of losing a spreadsheet or research... Read More
Q: After years of dreaming about starting my own business,... Read More
Whether you operate a chain of restaurants, a mom-and-pop convenience... Read More
Franchisor expansion policies are not as simple as one might... Read More
Small Business, Big Business ? What's the Diff?Well a lot... Read More
Business Process Automation or BPA for short. This was a... Read More
Where would a business be without a business plan? A... Read More
It is most fascinating to study how entrepreneurs spot opportunity... Read More
Some of the very qualities that attract people to the... Read More
Buying a franchise is not for everyone. This guide will... Read More
We're birds of a feather, public relations and small business.... Read More
Over regulation of small business is so intense it is... Read More
To have one of the popular in home daycare businesses.... Read More
1. TargetYou are not all things to all people. Decide... Read More
Contrary to popular belief, small businesses can survive a crazy... Read More
This is the tale of two business plans with very... Read More
Cleaning the trailers towed by big trucks is not easy,... Read More
Is this you?You dreamed of owning your own business, doing... Read More
Essentially there are 5 tremendously powerful methods to make money... Read More
taxi o'hare Auburn ..Researching information for a recent business plan, I came across... Read More
Do you spend every waking minute in your business? Do... Read More
Many mobile pressure-washing companies turn to government contacts to make... Read More
The success of your business is critically dependent on how... Read More
As you reflect on this year and prepare for next... Read More
Q. I am a former pastor who left the ministry... Read More
Deciding to start your own franchise is just one of... Read More
Each day we hear of companies entering the franchising industry.... Read More
You can provide affordable health care plans to your employees.... Read More
1. Look Over Your Shoulder ? Of course, Punxsutawney Phil... Read More
I agree that knowledge should be free, but the next... Read More
It's a commonly quoted statistic: 80% of all small businesses... Read More
Nothing can drive a business down faster than customers who... Read More
A Brilliant Marketing Idea... sounds great but what is it?... Read More
Search Engines account for almost 90% of all web traffic!In... Read More
It has been discussed allowing Franchising companies to electronically disclose... Read More
When working from home, it is usual to find that... Read More
Many small companies work very hard to get new accounts.... Read More
Let me get right to the point. The single most... Read More
If you run a pressure washer business you need complete... Read More
What is the satisfaction & expectation review of the business... Read More
There are many factors to be considered when you are... Read More
Those who are in the pressure washer business should not... Read More
Paper Shredding Business Opportunities are blossoming up everywhere because in... Read More
The temporary staffing industry continues to expand, with yearly double-digit... Read More
Small Business |