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Compensation in the Family Business
January 19, 2016 @ 7:30 am - 10:00 am
Presented by Dale Feinauer – UW Oshkosh, College of Business & Phil Florek – SBDC. This best practice program will focus on several aspects of managing a compensation system in a family business: Differentiating the three reasons we pay family members; Family member compensation can be based on market wage levels or set to create equity within the family; Why aligning employee total compensation with organizational goals results in a reduced need to manage and control your employees; How to align employee total compensation with organizational goals.