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Author(s)

Craig Aronoff

John L. Ward

Urges family businesses to employ just salary compensation for family members. Discussion of the negative factors behind, and the negative effects, of the general practice of low compensation to family employees; Five factors; Observed and predicted negative effects of each factor to business and/or family employees; Arguments calling for salary-as-per-market value.
Date Published: 1993
Citations: Aronoff, Craig, John L. Ward. 1993. Paying The Family: Common Problems. Nation. (3)70.