A family employment policy:
- Spells out the criteria for hiring and employing family members.
- Helps to instill a business-like environment for all family members participating in the business.
- Allows managing family members to base decisions on a written policy rather than emotional impulse.
- Details minimum requirements family members must attain to be considered for employment in the family business.
Our Family Employment Policy should include:
Educational Requirements
1. What are the minimum educational requirements a family member is required to achieve before being considered for employment?
Notes:
2. Is there a specific degree, field of study or certificate that must be earned for respective positions in the organization?
Notes:
3. Are there exceptions to the educational requirement, such as tenure, other documentable achievements, and/or specific experiences?
Notes:
Experience Requirements
1. For how many years will a family member be required to work outside the family operation before applying for employment?
Notes:
2. Are there specific experiences and/or achievements that must be met for certain positions in the family operation?
Notes:
3. Are there exceptions to the experience requirement, such as tenure, other documentable achievements, and/or specific educational levels?
Notes:
Need Requirements
1. Is there a written job description for each position in the family organization?
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2. Does the job description[s] include the roles/responsibilities/skills/abilities necessary for each position?
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3. Does the employment handbook include an explanation of compensation/benefits for each position in the family organization?
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Other tools that complement the Family Employment Policy:
- Employee Review Policy
- Professional Development Plan
See Comments
