Firing a senior executive typically takes longer than removing an employee. This is due to the fact that the company must be confident in the integrity of the manager, otherwise his further activities may harm the former employer.
Instructions
Step 1
Specify in the employment contract the terms on which the dismissal will be made. This will insure you against unforeseen circumstances. This document also usually indicates the period for which a new employee is hired.
Step 2
Explain the reasons why you decided to terminate the employment contract ahead of time. That being said, it is best to choose a delicate tone when communicating. The top manager should not have an unpleasant aftertaste after he leaves the walls of your organization. It is worth thinking about the future: it is quite possible that in the future you will have to cooperate with this person.
Step 3
Discuss the time frame within which a fired manager should not work for your direct competitors. The practice of such agreements is widespread abroad. The management team often knows much more about the current position of the company than its official management, so play it safe. If your manager goes to competitors, then all the shortcomings and holes in your business will become known to them.
Step 4
Leave the manager happy. Naturally, being fired is not very enjoyable. Therefore, many companies use the "golden pillow" tactic. It consists in the fact that the manager is paid monetary compensation. It can be, for example, the amount of an annual salary or the cost of a company car. It is not uncommon for companies to continue to pay for health insurance for a top manager and his family members for some time. The problem is that Russian companies, especially in post-crisis conditions, are very reluctant to take such steps.
Step 5
Get the top manager to leave by mutual agreement. This does not mean that he needs to be persuaded, asked or threatened. Some companies use outplacing. Its essence lies in the fact that the organization hires a person who offers the manager another job, which he gladly agrees to, without even suspecting that all this is the work of his own organization.
