Reuters - U.S. stocks tumbled on Friday as fears about the stability of the top two home financing providers, Fannie Mae and Freddie Mac, combined with oil at a record above $147 to cloud the economic outlook.

When it comes to employment termination, it is important to follow standardized processes and to establish this procedure well before the need to dismiss a worker presents itself. Therefore, if the jobholder can find any way to sue you for improper dismissal, he'll do it just to even the score. Sample employee dismissal letters, kept as templates, make the difficult and stressful task of terminating a difficult individual easier and simpler. When you owe the jobholder for expense refunds, you must have a separate check ready for this as well. For the most part for poor performance, it'll take about 90 days.

Number 9 - Have Security Employees Ready. Most personnel expect this extra consideration. o Has the supervisor estimated the termination risk appropriately? To keep your costs low, you must keep the high-risk worker working for you. The template of an employee termination letter sample is given below. Occasionally, the worker is simply not doing her or his job. Once you have decided to lay off a worker, you must start putting together a list of exit interview questions that you will use during the exit interview. Step 2: Get The Disgruntled employee's Side Of The Story. o The fired employee thinks he's better than he is and can't believe he caused his own lay off. Question: What if you, or a subordinate, sack a insubordinate employee without following proper methods?