num_pages: 172
description: The Family Business Compensation Handbook, published by Family Business Magazine, offers perceptive and practical advice on rewarding and motivating family and non-family employees in family-owned companies. Written expressly for company owners, managers and advisers, the Handbook fills a critical information gap. Traditional compensation resources don't address issues that commonly arise in family firms, where questions about proper pay structures are intertwined with concerns about inadvertently fostering family rivalries or the desire to distribute wealth to loved ones. The Handbook provides easy-to-follow expert advice from 50 leading family business consultants, compensation specialists, attorneys, financial planners and company owners themselves on managing the intricacies of a family firm's compensation. The book also includes real-life stories of family firms that have grappled with often-confronted compensation issues. It covers such topics * What to do when compensation divides siblings * Devising phantom stock plans for key non-family executives * How to take special family circumstances into account * Adjusting pay practices after the founder has stepped aside * Why non-qualified deferred compensation plans are especially effective * Retructuring a pay system from equal to fair * Uses and abuses of perquisites * Compensating family company board members Designed for frequent reference, The Family Business Compensation Handbook will help readers understand -- and successfully resolve -- the quandaries faced when designing and implementing family company compensation.
language: English
title: The Family Business Compensation Handbook
titlecomplete: The Family Business Compensation Handbook
ratings_count: 1
publisher: Family Business Publishing Com