The Ramsey Show Highlights My Employees Are Moochers
6 snips
Sep 5, 2025 The podcast dives into the sensitive topic of employees borrowing money from each other and how it affects workplace culture. It emphasizes the leader's responsibility in fostering integrity and trust among team members. The conversation also touches on the importance of creating a safe and supportive work environment, urging leaders to address personal issues while navigating the challenges of political correctness. It's a thought-provoking exploration of leadership and workplace dynamics!
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Make Victims Whole And Teach Financial Responsibility
- Talk first with the coworkers who loaned the money and make them whole as a leader.
- Use financial coaching (books or classes) to stop future incidents and set clear expectations.
Small Debts Reveal Character Risks
- Borrowing small amounts and not repaying signals a character and trust problem that affects team dynamics.
- Character issues like this justify leadership intervention and possible termination.
One-Strike Policy For Coworker Borrowing
- Stop the behavior with a zero-tolerance rule: repay victims now and ban coworker lending while employed.
- Warn borrowers privately, make victims whole, and fire anyone who repeats it.
