In today’s competitive, full-employment job market, family business owners are faced with difficult decisions about compensating (and retaining) key employees. These decisions must be made in the context of the compensation provided family members working in the business. Common questions include:
- How can I implement a compensation structure that is fair to all?
- How can I make sure that our compensation structure will not cause dissension among employees?
- How can I increase the chances that I will retain my best employees?
- Can/should the compensation structure be kept confidential?
FBC workshops and advisory services can help you evaluate compensation plans and options to arrive at the structure that fits your firm, and increase the chances of retaining the valuable human capital that your employees represent.
To obtain more information, please contact us today!