Should I employ a family member?
When does it make sense to employ a family member, and how can they help my business? Theoretically, you’ll get extra commitment because it’s a family concern: ‘one day all this will be yours’ is a powerful motivator. Family members are often more committed because they see longer-term rewards.
On the flipside, a relative who doesn’t want to be involved may resent their position and drag down morale. Meanwhile, non-family employees could question why a relative is recruited to a senior role when other candidates may be better qualified. Such appointments need to be handled sensitively…
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News from B P Collins
Briefings from B P Collins
Fresh concerns have been raised about the HS2 railway project in the House of Commons.
Politicians should consider introducing a contribution scheme to help talented employees meet childcare costs, according to the British Chambers of Commerce.