How to Know When to Fire Someone - Foundation Finance Company

How to Know When to Fire Someone

Employees make your business run. You need them and they need you. That doesn鈥檛 always mean they are permanent fixtures in your business. When you are growing a business, you need good, competent employees. More often than not there is at least one employee in a company that should not continue to be employed.

Here are some signs to watch for to determine if you have one of these employees in your company.

  • They are talked about.

    An employee who isn鈥檛 a good fit for your company is often being talked about by other employees in a negative way. Good employees are almost never the subject of conversations.

  • Good intentions, poor performance.

    They try hard but never seem to improve on requested items.

  • Unmanageable.

    Having a know-it-all attitude, is not something you want to see in an employee. This person is often pretty good at their job but their attitude sucks the energy from those who have to work with them.

You need employees who can get the work done and who don鈥檛 create friction within your workforce. As stressful as it is to fire an inappropriate employee and hire a new one, the rest of your staff will likely breathe a big sigh of relief and work better since they are all on the same page.

Read more here.

Note: Use of the terms "Loan," "Lender" and "Borrower" is for ease of reference only. Financings are in the form of retail installment contracts ("RIC").

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