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Follow on Google News | What To Do With Inferior EmployeesMichael Barbarita, founder of Next Step CFO, has shared a new blog post regarding a non-financial but important question.
By: Next Step CFO is a CFO for hire firm in Boston,MA. ·What if the employee market is really thin? ·What if the firing of the employee leads to a loss of business for an unknown period of time? ·What if training costs to train the new employee is too expensive? As a part-time CFO and former business owner, Michael has ran into this circumstance before. What he learned was that the price of keeping the inferior employees is more costly than firing them. This is because inferior employees are the quintessential "bad apples" that spoil the whole bunch. As a result, the business becomes inefficient, ineffective, and disserving to the customer. In order to avoid a situation like this, the business owner must take every precaution necessary during the hiring process as well as during the employee's first 90 days on the job. The full blog post can be found at http://cfo-chief- . End
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