Firing Underperforming Employees in Your Small Business
by Richard A. Cunningham
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, the audio marketing firm bringing voice to the insights of business experts through audio books, newsletters, and magazines.
Listen to What's Working in biz, the online audio journal that features the advice, best practices, and success stories of business experts - www.whatsworking.biz
| DISCLAIMER: The content provided in this article is not warranted or guaranteed by Developer Shed, Inc. The content provided is intended for entertainment and/or educational purposes in order to introduce to the reader key ideas, concepts, and/or product reviews. As such it is incumbent upon the reader to employ real-world tactics for security and implementation of best practices. We are not liable for any negative consequences that may result from implementing any information covered in our articles or tutorials. If this is a hardware review, it is not recommended to open and/or modify your hardware. |
More Online Business Help Articles
More By Developer Shed