In your first managerial role? A piece of advice: Never get personal.
It's lonely at the top and managers or leaders of a team can find themselves tempted to overshare information, but some things should never be discussed, according to Forbes Magazine.
Key idea: Never share information you know to be confidential or personal.
First, never discuss personnel matters. Don't talk about another employee's personal life. It's appropriate to say a team member had to take a day off for personal matters. It's not appropriate to say their child is having discipline problems at school and they had to meet with the principal. Your team may be friendly with each other and they might even know the situation, but you should never discuss matters an employee told you in private.
Similarly, don't discuss an employee's work performance. If you have an opinion about that, discuss it with the employee, never one of his or her co-workers. Don't take part in silly team gossip: So-and-so makes bad coffee or hates to go out to lunch.
In the same way, never discuss wages, raises or bonuses which can breed resentment.
Second, never discuss your own work challenges, performance or aspirations. Don't engage employees in your own quest for advancement. Never discuss your personal life in a way that compares your life to that of your employees. Getting a new car because of your new job? That's your business and yours alone.
Third, never discuss company challenges or your own opinion of the company leadership with employees. Doing this threatens your own career since confidential information will quickly circulate and it will be traced back to you. Even the most loyal employee should never be trusted with confidential information. Don't complain about company decisions.