Opinions expressed by Entrepreneur contributors are their own.
During the economic downturn, you gave employees promotions tokeep them around in lieu of the raises you couldn't afford. Nowyou have an overabundance of managers negatively affecting morale,because either you don't have enough work to go around, or someemployees have to report to too many "chiefs."
If you've got too many managers, you need to face the hardfacts-if you're not planning to ramp back up and use thesepeople's skills, it's better to let them go, says CynthiaShapiro, an HR consultant in Sammamish, Washington. You could alsotry offering your managers a part-time schedule or a few months ofunpaid leave-they might appreciate the time off to recharge theirbatteries, says Shapiro.
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve
