Moderator: Drew Mendoza
Presenters: Stephen McClure, Ross Nager
Date: August 25, 2005
Compensation for family in the business is at the heart of more family business questions than any other topic except succession. Who should get paid, how much, for what jobs and what is fair are not necessarily easy questions to answer—especially when a paycheck can be confused with return on ownership, parental concern or self-esteem. This audio conference will help your family: determine its compensation philosophy; build motivation, incentives and trust; avoid common causes of family business pay problems; and help shareholders to understand what to expect from family members hired to lead their business.