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.
Berwick Chicago charter limousine .. Lockport Chicago limo O’HareToday required franchise disclosure documents are over 200 pages generally.... Read More
We are noticing an increase in the length of time... Read More
As a Boat Detailing Specialist, you may want to offer... Read More
Success is the desire of everyman on the face of... Read More
Cash is King... That is what everyone tells us and... Read More
There are many little details that go into making sure... Read More
Which questions do you need to ask to even get... Read More
Many of us have noticed how some nearby communities seem... Read More
Your product is dying. With the same inevitability that we... Read More
Most of us remember going to at least one garage... Read More
So you think you're not justified in taking time away... Read More
One way to determine your companies mission statement is based... Read More
The FTC Franchise Rule maybe changed, as the Federal trade... Read More
Your business account comes with an ATM, Debit card. Pick... Read More
Business owners rarely go into business to deal with the... Read More
How to do itPeople skim through newspapers and magazines and... Read More
On June 8, 2004, the world witnessed what no one... Read More
A Private Investigator is a professional trained in the art... Read More
As a small business owner, outsourcing work to Virtual Assistants... Read More
The success of your business is critically dependent on how... Read More
So often small service businesses fail to exploit niches, which... Read More
Most business owners know when they need an accountant, but... Read More
Image of your franchise automotive outlet is so important. Some... Read More
If you're serious about wanting to start a business, the... Read More
Every home business has the same problem of how to... Read More
Antioch Chicago limousine service ..If you intend to franchise your company you will need... Read More
When you awoke this morning, you found yourself buzzing with... Read More
You can provide affordable health care plans to your employees.... Read More
Writing a business plan is a fundamental step to ensuring... Read More
If you own a mobile car washing, pressure washing or... Read More
One of the primary concerns all small businesses have is... Read More
To get approval for your small business loan application, you... Read More
You may find this Newsletter a little long winded but... Read More
The Federal Trade Commission decided to sit down and revamp... Read More
A recent survey indicated that clean Taxi Cabs Fleets have... Read More
With all the cabinet refacing business opportunities out there, you... Read More
Most folks in the pressure washing business are happier to... Read More
Looking for ways to boost your cash flow? As a... Read More
Never underestimate the power of perception! Perception plays a major... Read More
1. There Are No "gimmes" ? They count two-foot putts... Read More
The book, "Become the Squeaky Wheel," by New Hampshire author... Read More
What are the best methods for keeping a good business... Read More
All franchises must meet the legal definition of a franchise... Read More
Sacred cows take a long time to die. We get... Read More
How do you find groups that are in need of... Read More
If you run a pressure washer business you need complete... Read More
As a specialist in getting restaurants open, it is surprising... Read More
Auto Detailing: Maintaining A Commercial Carpet ExtractorYou should drain your... Read More
If you're like the rest of us, you've spent a... Read More
Here are a few tips on how to hand out... Read More
Small Business |