Re:Is there a fix for impostor syndrome?
by groby_b on Thursday May 03, 2018 @01:55PM
(#16988165)
Yeah, totally. "Our cash flow is bad enough that I need to move debt into the future to - barely - make your salaries" is just the thing you as a boss should say to your people.
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You write it satirically, but I believe that being honest to your employees if such a type of problem occurs, is indeed an important virtue of a good leader.
This depends on the industry you are in, and the kind of people you are leading. Many industries are low-margin and have constant cash flow issues.
Telling your employees achieves nothing, in that case - their next job won't be less precarious, they just lose a little bit of piece of mind. You make the active choice that some (who want to see you as a crook anyways, see other replies) think slightly worse of you, while the vast majority can go home and sleep in relative peace.
It's a very different situation if cash flow crunch is completely unexpected, or highly likely to be fatal, with stable businesses around.
As I said above, the situation is always more complex. You make decisions accordingly :)