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Talent salaries rise as family office recruitment rebounds

May 25, 2021

After months of uncertainty and suspended recruitment plans, family offices are hiring again. For many, the inability to meet candidates face-to-face to check for value alignment has been a deterrent. But with life slowly returning to “normal” and in-person meetings now possible, they are starting to consider the talent they need for the future.

Elisabetta Fabri on growing Starhotels, Covid-19 resilience and supporting women in business

April 1, 2021

Elisabetta Fabri, family principal of the private Italian luxury hospitality group Starhotels, is helping women in business achieve their potential by launching a new vocational training initiative.

Elisabetta Fabri, family principal of the private Italian luxury hospitality group Starhotels, is helping women in business achieve their potential by launching a new vocational training initiative.

The programme was among the measures by the multi award-winning second-generation president and chief executive in response to the impacts of Covid-19 on the world’s hotel, travel and tourism industries.

Plan rewards to retain your family office professionals

March 10, 2021

While investment bankers pull 100-hour weeks in an attempt to claw back any hope of a bonus this season, family office professionals are walking away with 100%, if not 200%, of their annual salary as bonus season closes a successful year for family offices.

The family business: A valuable model of resilience in extraordinary times

November 17, 2020

Hoshi Ryokan from Japan, C Hoare & Co from the United Kingdom, De Kuyper Royal Distillers from The Netherlands and Mellerio dits Meller from France are some of the oldest companies in the world. While they represent diverse industries, from hospitality and banking services, to royal heritage distillery and luxury jewellery, they all share one common model. As family businesses, they managed to navigate multiple crises and build resilience over generations.

FB Roundup: Grundfos, Samsung, Warburtons

November 2, 2020

Due Jensen family heir named new chief executive of Grundfos, Lee Kun-hee leaves legacy of Samsung success but succession chaos, Warburtons shares pandemic dough with staff.

Due Jensen family heir named new chief executive of Grundfos

The Due Jensen family of Denmark has returned to helm their industrial giant Grundfos for the first time in almost two decades with the succession of next-generation heir Poul Due Jensen.

FB Roundup: Walmart, JCB and McClatchy Co

February 19, 2020

Walmart is disappointed with festive consumer spending and Asda but online sales up 35%, JCB cuts UK production as the coronavirus hits Chinese suppliers, and fifth-generation US newspaper dynasty McClatchy Co files for bankruptcy.

Walmart disappointed with festive consumer spending and Asda but online sales up 35%.

Walmart, the world’s biggest family business with $524 billion in revenue and an economic bellwether, says holiday sales were weaker than anticipated despite online sales jumping 35% in the fiscal year.

Capital thinking on financing family business growth

September 17, 2019

Opening the capital of a family company to third party shareholders or offering share capital is a major step for any family. Before commencing the process, it is important to quantify and understand the reasons that may justify the undertaking.

Spungen family splurges bonuses on lucky employees

December 4, 2008

A family-owned American bearing company has lived up to its reputation as a business that treats its staff like family by giving them five-figure bonuses.

A family-owned American bearing company has lived up to its reputation as a business that treats its staff like family by giving them five-figure bonuses.

Illinois-based PEER Bearing Company has distributed $6.6 million in bonuses to its 230 US and British employees. The Spungen family sold the business to Sweden’s SKF Group earlier this year.

There’s no ‘I’ in team

March 1, 2005

Tim Watts gave the family business to his staff when he realised he was on the road to becoming a real-life Mr Grace. He tells Melanie Stern about the Pertemps Group’s unique employee-led structure, his thoughts on the UK recruitment industry and what is in store beyond his leadership

Melanie Stern is section editor of Families in Business.

Tim Watts gave the family business to his staff when he realised he was on the road to becoming a real-life Mr Grace. He tells Melanie Stern about the Pertemps Group's unique employee-led structure, his thoughts on the UK recruitment industry and what is in store beyond his leadership

Should you be flexible?

November 1, 2003

An increasing number of employers are looking at flexible benefits to improve recruitment and retention levels. Is it time your family business became more flexible?

Shawn Healy is a Senior Tax Manager with The BDO Centre for Family Business, formerly the Stoy Centre for Family Business, which was set up in 1992 dedicated to serving the needs and raising the profile of UK family businesses.

An increasing number of employers are looking at flexible benefits to improve recruitment and retention levels. Is it time your family business became more flexible?