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Recommended Reading

Family Business Compensation

Family Business Compensation

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by John L. Ward Craig E. Aronoff

Paperback - 68 pages 2nd edition Vol 5 (October 1993)
Bussiness Owner Resources; ISBN: 0965101150

Book Description

Compensation matters are among the most frequently asked and complicated questions facing business-owning families. What is fair? How can the rewards of ownership be distinguished from pay for performance? How can the owner motivate and retain key non-family employees? Family Business Compensation shows you how to deal with these tough issues in ways that strengthen your business and your family teams. This booklet shows you how to:

  • develop a philosophy of compensation;
  • establish incentive plans;
  • make compensation a catalyst for business planning;
  • compensate non-family executives;
  • build trust through the compensation process;
  • communicate about compensation;
  • anticipate and avoid common compensation problems;
  • and much more...

Family Business Compensation gives straight answers and sound advice for family businesses of any size or in any stage of development

 

   
 

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