No one wants to go through layoffs. But, it happens, and in a lot of cases, it is necessary for the survival of a business.
Here are 5 tips to consider when laying off an employee.
Honesty is a fundamental aspect of a business because it establishes the tone for the sort of work culture that you want to build, provides consistency in workplace behavior, and creates loyalty and trust in customers and prospects.
Good communication is an important part of leadership and teamwork. Efficient communication will help in team building and employee retention. Since good communication is a fundamental requirement for any business, it is highly important that entrepreneurs and managers focus on improving employee communication within the organization.