August 29, 2008

Employee Write Ups - Lehman looking at cutting some 1,200 jobs: source (Reuters)

Reuters - Lehman Brothers Holdings Inc is looking at cutting some 1,200 jobs in its latest round of cost cutting, a person familiar with the matter said, as weak financial markets spur layoffs across Wall Street.


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Certainly, some personnel are just difficult to get along with and this at times doesn't become clear until after you have hired that individual. Seldom is the "real" reason for the firing an improper one. o A lay off letter which clearly describes the severance package including any compensation, cash for vacation or sick days, their final day, and so on. Poor job performance, poor behavior, or firm changes are all valid reasons to fire personnel. You're probably saying to yourself, "Involuntary resignation is an oxymoron." Well it is most of the time. So what does this mean for you, the manager, if you must terminate an underperforming employee? So doesn't it make sense to dismiss your high paid personnel first? The jobholder should have the following information available. Whomever you choose, the employee should have a positive feeling about the witness.

The supervisor should never dismiss an employee on a whim or out of resentment. The purpose of this notification is to give you my experiences with Sherry Smith while employed with ABC Company. The first was a oral warning on March 16 and the last was your final written warning on May 20, 20XX. These are cases of gross misconduct, and you can sack these employees immediately. You do the firing based on performance and Sue's is the worst in the department. When handling insubordinate employees, management should understand these differences.

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