Family Business Compensation by C. AronoffFamily Business Compensation by C. Aronoff

Family Business Compensation

byC. Aronoff, S. McClure, J. Ward

Paperback | January 11, 2011

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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?
CRAIG E. ARONOFF Co-founder, principal, and Chairman of the Board of The Family Business Consulting Group, Inc., the founder of the Cox Family Enterprise Center and current Professor Emeritus at Kennesaw State University, USA. He invented and implemented the membership-based, professional-service-provider sponsored Family Business Foru...
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Title:Family Business CompensationFormat:PaperbackDimensions:136 pagesPublished:January 11, 2011Publisher:Palgrave Macmillan USLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230111033

ISBN - 13:9780230111035

Reviews

Table of Contents

IntroductionCompensation PhilosophyCompensation 101Special Compensation Issues in Family FirmsDealing with ChallengesBuilding TrustAligning Family Expectations and Compensation PhilosophySummaryAppendixRecommended Reading ResourcesAdditional ResourcesIndex

Editorial Reviews

'Family Business Compensation has the kind of information that is very hard to get anyplace else - especially as it relates to pay in family firms. It is very focused on the pay issues that matter to business owning families, and it is written by people who have earned their stripes consulting with family owned businesses. The compensation strategies are well shaken down and time-tested with real family firms. You don't have to go searching 16 different places to find the best thinking on family business compensation - it's alll here in one place.' - Jim Phillip, President, Phillip's Flowers, Westmont, IL'I enjoy reading each volume of the Family Business Leadership Series and have recommended them to several of my famiy business-owner friends. Family Business Compensation was so good that I sent six copies to close associates...the authors provide great insight into an issue that threatens most family businesses.' - E. Brooke Lee, III, President, LDG, Inc. Silver Spring, MD, 1999 MassMutual National Family Business of the Year'These books deserve a place in every business-owning family's library.' - Léon Danco, Cleveland, OH