Startup Funding Espresso – How To Manage a Toxic Employee

How To Manage a Toxic Employee Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are many types of toxic employees. It's important to minimize the damage they do by taking action. Here are some key steps in handling a toxic employee: Identify the problem and discuss it with the employee. For this step, gather information about the bad behavior and then talk to them. Make clear the behavior must stop and set a timeframe for improvement. Many times the toxic behavior comes from one trying to achieve their goals and doing it in a non-productive manner. In this case, provide coaching on how to achieve their goals and show what they must change. In some cases, the employee is a high performer and wants to run faster than everyone else. Give them the space to execute their own plans and minimize the disruption to others. Make clear the minimum requirements for working with others and participating in company activities. You can also move them to another department where they may perform better. In some cases the employee will need to be fired so be prepared for a hard discussion. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact [email protected] Please follow, share, and leave a review. Music courtesy of Bensound.