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Just Rewards

Compensation and Incentives for Non-family Executives

  • Chapter
More than Family

Part of the book series: Family Business Leadership Series ((AFBP))

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Abstract

When it comes to rewarding non-family executives, family business owners face several challenges: How, for example, can you structure compensation so that it links the performance of an executive to the long-term performance of your company? How can you avoid overpaying in your effort to retain valuable talent, while at the same time being sure you’re providing sufficient compensation to keep non-family managers happy and motivated?

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© 2011 Family Business Consulting Group

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Aronoff, C.E., Ward, J.L. (2011). Just Rewards. In: More than Family. Family Business Leadership Series. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230116160_7

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