Business Owners & HR Professionals...
Some straight talk from an expert on layoffs and firings. Sample layoff letter.

August 24, 2008

Firing Employee - EU: Euro economy shrinks in second quarter (AP)

Terminate fairly for both your business & the employees. Our recommended approach

Pedestrians walk past a giant euro logo in front of the European Central Bank (ECB) in Frankfurt, western Germany, Europe has swung towards recession, with the eurozone economy shrinking for the first time and inflation hovering at a record high as the sharp global downturn takes hold, new figures showed Thursday.(AFP/DDP/File/Torsten Silz)AP - The euro-zone economy shrank 0.2 percent in the second quarter, EU statistics showed Thursday, raising recession fears as Germany, France and Italy braked sharply with high fuel and food prices holding back consumer spending.


Dollar surges vs euro, trades at multi-month highs (Reuters)

A businessman passes an electronic board displaying the yen's exchange rate against the dollar in Tokyo August 6, 2008. (Yuriko Nakao/Reuters)Reuters - The dollar surged against the euro on Friday and was on track for its biggest one-day gain in about five years as evidence mounted the U.S. economic slowdown is spreading to the euro zone and around the world, damping the prospects of interest rate increases.



Second, the memorandum helps you start the termination meeting. So after you have decided to conduct a full-blown probe, you must suspend the accused worker with pay for 3 business days. Frequently he should file a form every 2 weeks listing the potential employers he's contacted during the period. Seventh, you should only hire "good" workers which you won't be dismissing anytime soon. Other times, the employer will investigate, document the inquest and then lay off the worker. The dismissal memorandum is an important document not only for the layoff meeting but also for legal purposes if the worker files a wrongful separation litigation. You as a supervisor have tried every positive method possible to deal with a difficult individual. This second rule applies even if this is less than a third of the worker base.

You do the dismissal based on productivity and Sue's is the worst in the department. No matter where you work, certain workers can never get the job done. This involves coming up with some general standards. o Ready and able to accept work. On the positive side, if the demotion is voluntary, then you don't have to worry about law suit. Unquestionably, the severity of your reaction or the disciplinary action you take should be in line with the seriousness of the crime. This leaves me with no choice but to inform you that your employment is fired effective right away. Make sure there are plans to handle laid off workforce if they get violent in the dismissal meeting, if they decide to charge the executive suite or if they leave the building and decide to return.

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Terminate fairly for both your business & the employees. Our recommended approach