Rip Off the Band-Aid – Why You Shouldn’t Wait to Terminate

February 16, 2018
Publication
MRA Edge
Layoff
Leadership & Management & Supervision

As best-selling author Harvey Mackay said,

"It's not the people you fire who make your life miserable; it's the people you don't fire who make your life miserable."

Being a business leader requires tough decisions. You can’t allow your fear or desire to postpone the inevitable dictate your actions. This will only hurt your organization and stand in the way of achieving goals. Knowing when to let someone go, and then doing it, will cause less pain in the long run.

If you still need convincing, here are seven reasons why you shouldn’t wait another day to address the people challenges in your organization.

  1. It’s going to cost you. At some point, there is going to be a mistake and it is going to be expensive. A missed service opportunity to a client, a billing error, the loss of a customer. It will happen—you just don’t know when.
  2. You are not the only one frustrated. These employees are likely frustrated with their jobs and disengaged, or other teammates may be frustrated that they are not pulling their weight. Either way, you are not the only one that recognizes it and the ripple effect can be damaging to morale.
  3. They are already looking. Based on lots of different surveys from Gallup to LinkedIn, we know that a high percentage of employees are passively looking. They already have one foot out the door—so help them by positively channeling that energy so everyone is happier and more productive.
  4. It feels awful for a short time, but it gets better quickly. It is always amazing to talk with leaders who have the value of hindsight. Once you get to the other side of the situation, you see all sorts of reasons that make you wonder why you didn’t do it sooner.
  5. The disengagement is hurting your business. Employees who are not totally engaged are limiting your company’s ability to grow and serve customers. They are not thinking as sharply as engaged employees about how to prepare the business for success. They are not thinking forward to solve long-term challenges (because they don’t see themselves here in the future).
  6. You don’t have time not to deal with it. If you want to grow and move your organization forward, you need to have employees who will help you get there. Employees who are stuck in the day-to-day routine because they don’t want to be there are not doing anything to help your organization reach its goals.
  7. Let them take advantage of a top job market. There are a variety of opportunities available. Give them the best chance to have some choice in what is next in their career.

Terminations can be scary at first, but you aren’t alone. Career transition coaches can be used at the time of termination to provide support for employees at all levels of the organization. At MRA, our coaches can be available onsite to assist and prepare the exiting employee to enter the job market.

Each party will be moving forward in less time than you think, and the pain of the ripped off Band-Aid will soon be gone.

Source: Beth Mathison, Director of Employment Services, MRA - The Management Association

Read the full issue.