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Full Description
Compensation is one of the most discussed items in business. And in a family business it gets personal. Authors Aronoff, McLure and Ward answer the some of the most important questions when it comes to the family what is fair pay among family members? How do I determine appropriate pay for my child? What should I pay my shareholders?
Contents
Introduction
Compensation Philosophy
Compensation 101
Special Compensation Issues in Family Firms
Dealing with Challenges
Building Trust
Aligning Family Expectations and Compensation Philosophy
Summary
Appendix
Recommended Reading Resources
Additional Resources
Index