Establishing a Family Employment Policy

January 10, 2011 09:17 AM
 
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 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?
 
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2. Is there a specific degree, field of study or certificate that must be earned for respective positions in the organization?
 
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3. Are there exceptions to the educational requirement, such as tenure, other documentable achievements, and/or specific experiences?
 
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Experience Requirements

1. For how many years will a family member be required to work outside the family operation before applying for employment?
 
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2. Are there specific experiences and/or achievements that must be met for certain positions in the family operation?
 
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3. Are there exceptions to the experience requirement, such as tenure, other documentable achievements, and/or specific educational levels?
 
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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

 

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