firing employees Tag

3 Essential Steps Before You Fire an Employee What are the 3 essential steps before you fire an employee? Employees need access to various business accounts, but what happens to those passwords when they leave or get fired? Nobody likes to think of firing their employees but nonetheless, it’s a responsibility every business owner must face. Most of the time, the former employee leaves under good terms. If you’re lucky, they’ll even manage hand-over to their replacement so your productivity losses are minimal. Other employees may leave your business reluctantly or in a storm of anger and suspicion. While you’ll have very different feelings about the two scenarios, the risk to your business remains high until action is taken. Here are 3 steps you can take to protect your business from retaliation and other password-related disasters. Limit Employee Access to a need-to-know basis You might be surprised how often a new employee is presented the entire business on a platter when their actual job requires little more than a computer login. Accounts, strategy, customer details, industry secrets...