Terminating Underperforming Employees
Let’s talk about underperforming employees for a moment. I was talking with a colleague of mine who has an employee who’s been working for him for three years and it’s cutting it. They’ve had several talks, they’ve switched managers, they’ve switched duties for this employee, still not doing it. And I asked the question, I said, after three years, why is he still there? Why do you keep him around? What’s holding you back from letting him go.
And honestly, the end result is it’s just not a fun conversation to have and that’s the whole reason he’s still there. I want you to look at your employees and make sure they are the best fit for you. If they are not, please do them a favor let them go to find what it is that they do well. Let them be successful somewhere else. It’s not having any happening in your business. So let’s make sure that they can go be successful somewhere else.
So if you have an employee, I want you to set a deadline no more than 24 hours from now. If you have an employee who needs to go, I want you to fire them, send them on their way. I don’t suggest, or like the fact that people give two week notices or things like that. I don’t think that should be done. If you’re going to terminate someone, you should make sure you have your ducks in a row and let them go immediately.
Don’t leave the chance for sabotage or things to get messed up or stolen from your office. Please let them go even if it means paying them for two weeks to not come to work, I would much rather do that than bring in somebody who’s going to bad mouth the employer or have core feelings, even if they’re a good person that doesn’t make it feel any better from their end.
You need to let them go, let them go find what they’re good at and let them work with someone else besides you. So 24 hours folks, I’m counting. Please follow us on YouTube and Calculated Moves, and also check out our blog at CalculateMoves.com. Let us know if there’s something we can do to help you grow your business and love your business to know it.
Donna Bordeaux, CPA with Calculated Moves
Creativity and CPAs don’t generally go together. Most people think of CPAs as nerdy accountants who can’t talk with people. Well, it’s time to break that stereotype. Lively, friendly and knowledgeable can be a part of your relationship with your CPA as demonstrated by Donna and Chad Bordeaux. They have over 50 years of combined experience as entrepreneurial CPAs. They’ve owned businesses and helped business owners exceed their wildest dreams. They have been able to help businesses earn many times more profit than the average business in the same industry and are passionate about helping industries that help families build great memories.