Kelly CPA’s Post

Every type of company needs to devise a philosophy, strategy and various policies regarding compensation. Family businesses, however, face additional challenges — largely because they employ both family and nonfamily staff. If your company is family-owned, you’ve probably encountered some puzzling difficulties in this area. The good news is solutions can be found. Read more here: #familybusiness #compensation #Familyownedcompany

How Family Businesses Can Solve the Compensation Puzzle Every type of company needs to devise a philosophy, strategy and various policies regarding compensation. Family businesses, however, face additional challenges – largely because they employ both family and nonfamily staff. If your company encountered some puzzling difficulties in this area. The good news is solutions can be found.

Family business owners: Setting #compensation levels at your company is likely a challenge, but there are ways to address the distinctive needs of both family and nonfamily #employees. #familybusiness https://lnkd.in/gQWPG8kg

The truth about board compensation: not all directors earn big bucks! 💰 Whether they get paid, and how much, depends on the company. Explore the factors influencing board member compensation in our latest article ➡️ https://bit.ly/3wycxEc #BoardDirector #Compensation #Salary #Convene

Navigating Compensation Challenges in Family Businesses Family businesses face unique challenges, especially when it comes to compensation. How do you balance paying family members fairly while keeping non-family employees happy? Learn how to create a compensation strategy that works for everyone. #REVREX #knowyourscore #FamilyBusiness #CompensationStrategy

Family-owned businesses face distinctive challenges regarding compensation, largely because they employ both family and nonfamily staff. Salary inequities among siblings, for example, can breed resentment. Meanwhile, nonfamily employees may become disgruntled over preferential treatment of family employees if they feel those family members aren’t pulling their weight. Addressing compensation in a family business calls for an objective understanding of the company’s distinctive traits, culture and strategic goals, along with a healthy dash of creativity. There are ways to tackle the challenges analytically to arrive at an overall strategy that’s reasonable for everyone. Contact us for help. For further information, check out our blog https://bit.ly/45CCkYW #axleyrode #trustedadvisor

Family-owned businesses face distinctive challenges regarding compensation, largely because they employ both family and nonfamily staff. Salary inequities among siblings, for example, can breed resentment. Meanwhile, nonfamily employees may become disgruntled over preferential treatment of family employees if they feel those family members aren’t pulling their weight. Addressing compensation in a family business calls for an objective understanding of the company’s distinctive traits, culture and strategic goals, along with a healthy dash of creativity. There are ways to tackle the challenges analytically to arrive at an overall strategy that’s reasonable for everyone. Contact us for help. For further information, check out our blog https://bit.ly/45CCkYW #axleyrode #trustedadvisor

Family business owners: Setting compensation levels at your company is likely a challenge, but there are ways to address the distinctive needs of both family and nonfamily employees. https://bit.ly/3L3XUw5 #FamilyBusiness #Business #Compensation

Family business owners: Setting compensation levels at your company is likely a challenge, but there are ways to address the distinctive needs of both family and nonfamily employees. https://bit.ly/3L3XUw5 #FamilyBusiness #Business #Compensation

Family-owned businesses face distinctive challenges regarding compensation, largely because they employ both family and nonfamily staff. Salary inequities among siblings, for example, can breed resentment. Meanwhile, nonfamily employees may become disgruntled over preferential treatment of family employees if they feel those family members aren’t pulling their weight. Addressing compensation in a family business calls for an objective understanding of the company’s distinctive traits, culture and strategic goals, along with a healthy dash of creativity. There are ways to tackle the challenges analytically to arrive at an overall strategy that’s reasonable for everyone. Contact us for help. For further information, check out our blog https://bit.ly/45CCkYW #axleyrode #trustedadvisor