148. Navigating Layoffs, Performance, and Hiring: BTS at People Principles

Molly is back! And we're talking all about layoffs and performance management in your business. I share my insights on handling layoffs within a team while considering performance and termination options. Molly and I stress the importance of addressing performance concerns before jumping to termination decisions.

Unemployment eligibility and performance-based termination are next on our agenda. We shed light on the potential consequences of inadequate communication and warnings when letting an employee go, including their eligibility for unemployment benefits. Curious about how unemployment actually works? We've got you covered, explaining the process that isn't as straightforward as it may seem. Plus, we discuss the importance of setting up hiring plans in advance to avoid penalties and ensure the right candidates are hired.

Moving on to hiring and interviewing strategies in today's competitive job market, we stress the importance of knowing exactly what you're looking for in a candidate. I also share my strategy for managing a candidate who's received another job offer while considering our opportunity, emphasizing the need to buy time and stay flexible.

If you're ready to tackle these tough HR and management topics with us and want some practical insights, you won't want to miss this episode!

What you'll hear in this episode:

[0:00] Layoffs and performance management in a business

[3:15] Layoffs, performance issues, and management responsibilities.

[5:40] Unemployment eligibility and performance-based termination

[13:45] Hiring and interviewing strategies

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