Four key reasons to fire your poor performers now
The old adage is still true–it’s about quality, not quantity. If it wasn’t, then Donald Trump wouldn’t have anyone to fire at the end of The Apprentice.
Keeping good employees is essential, especially with the baby-boom generation retiring en masse in a few years. Statistics show the demand for labour through to 2013 will exceed supply by 35 million jobs. The luxury of working on a “replacement basis” no longer exists, and you can’t expect to substitute one knowledge worker for another anymore.
Still, you also can’t afford to keep people in your organization who just aren’t as productive as they need to be. Employee retention is important, but not at the expense of losing the people that you want to keep, and keeping the people you’d rather pink slip.
Quite simply, you have to exit your poor performers now, and here are four reasons why: