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Compensation philosophy -- Compensation 101 -- Special compensation issues in family firms -- Dealing with challenges -- Building trust -- Aligning family expectations and compensation philosophy.
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?