Thin the Herd — Terminate Non-Performing Employees
By John TschohlThere’s a term ranchers use when they are reducing the size of livestock by removing weak animals from the group. That term is “thinning the herd.” It could also be used in the workforce in relation to terminating non-performing employees, something most organizations don’t do nearly as often as they should.
Retaining employees who perform poorly is expensive both financially and emotionally. It costs a lot of money to repair the damage they do. That includes the time it takes to correct mistakes they’ve made, dealing with a significant number of customer complaints, driving down morale and creating friction as … Read the rest