How to Handle Dishonest Employees

It is challenging to maintain a perfect record of accomplishment of hiring the right people. Occasionally, a bad apple slips into the basket. You can end up with an unpleasant employee in your team. Whether this employee is difficult to work with or is dishonest, having this type of an employee is any employer’s worst nightmare.

The simple answer to how to handle dishonest employees is to get rid of him or her. However, you have to resolve matters following the established rules and principles.

#1: GET UNQUESTIONABLE PROOF OF THE DISHONEST BEHAVIOR

If you are someone mediating a case of dishonesty, your first step is being absolutely certain that the act took place. You should look for evidence while using legal methods and fully respecting privacy laws. Another employee’s words are not strong enough evidence to conclude that you are dealing with a case of dishonesty. You need to cover all the bases.

#2: BE DATA-DRIVEN

It is easier to detect dishonest and corrupt behavior when everything is measured and tracked. Expenses need to be closely tracked. Accountability can also be put in writing such as having an Equipment Accountability Form. Apart from receipts and expense sheets, you can perform a background check on the employee in question.

You need to find out if the employee in question has a history of dishonest behavior or if this instance is an isolated case. You can contact any of his or her former employers to get a wider perspective.

#3: ASSESS THE IMPACT IT HAS ON YOUR ORGANIZATION

After examining the facts and realizing that you are dealing with dishonest behavior from an employee, the next step is to evaluate what the consequences are for the company. Realistically, evaluating the potential impact of this situation can help you make a plan on how to handle it appropriately.

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#4: DISCUSS THE MATTER WITH THE EMPLOYEE

Once you are certain that dishonest behavior took place and you have investigated the impact it can have on the organization, you need to openly discuss the matter with the employee in question. Such a discussion can reveal the motives behind the employee’s behavior and even resolve the entire issue in situations when the damage was minimal.

#5: SET CLEAR CONSEQUENCES FOR THE DISHONEST BEHAVIOR

Set clear consequences for the dishonest actions, starting from a probation period up to termination. Knowing there are clear and well-defined consequences can help you take action and move ahead. I am not saying that it is easy to do, but it is a crucial step to making things right.

#6: ENCOURAGE OPEN FEEDBACK AND TRANSPARENCY

Build a culture that encourages transparency and openness. Workplace transparency is open communication between leaders and employees. Leaders shall commit to openly sharing expectations, mistakes, setbacks, feedback, revenue, and other metrics.

If a team member thinks something seems out of the ordinary or something seems off, he or she should bring it up and comfortably escalate the matter to the manager.  Leaders can lead by example through giving constant feedback or constructive criticisms. 

Sources: 1 & 2

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Do You Have These Harmful Attitudes About Money?

Having a wrongful attitude toward money can cost you in the long run. The earlier you alter your belief system, the sooner it will pay off. Here just some of the attitudes that you can slash off:

“MONEY IS NOT VALUABLE!”

If you relieve the weight on your finances, you may start spending carelessly. Saying money does not matter is like saying that you can live in Singapore without having to work. Money is valuable as it lets you exercise choice. You can choose to change jobs or to retire early. It helps you to afford the options that will change the way you live.

“I WILL REMAIN FINANCIALLY ILLITERATE.”

Just because you never attained a “Diploma in Banking and Finance” does not mean that you cannot learn to manage your wealth properly. Having the negative attitude that you are not good with money can increase the fallout in your finances. This ideology is more common than you think.

Image Credits: pixabay.com

Image Credits: pixabay.com

According to Kathleen Kingsbury, a financial author and money coach, women typically complain about being too stupid to learn about finance. This is not true! Since women learn by conversing, realize that your lack of financial knowledge is due to the lack of socialization related to money. An individual may join an educational club about personal finance as a solution. These matters can be applied to main as well.

“IT IS NOT POLITE TO TALK ABOUT MONEY.”

As we live in a predominately Asian nation, talking about salary or money in general is taboo. This may lead to poorly equipped individuals. You see, money has been a source of many conflicts. This is why most people skip this topic.

The downside is blatant ignorance. It is your duty to separate money facts from fiction. To get your facts straight, you must search for answers. You may not get the right information if you remain silent. People may not be able to help you in huge monetary decisions too.

Image Credits: pixabay.com

Image Credits: pixabay.com

Do you have these harmful financial attitudes? Perhaps, it is time for change.

Sources: 1 & 2

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