Share |

nepotism

How to give equal opportunities to employees in family businesses?

November 30, 2021

The nature of the family business human capital is complex. Family and non-family employees have the potential to offer unique and distinct contributions to the firm. Yet some human resources practices might be perceived as a preferential treatment to family employees over non-family ones.

This could be detrimental to the reputation of family business, being perceived as socially irresponsible, and potentially limiting their ability to attract qualified nonfamily employees, which could ultimately affect the company’s long-term performance.

Get the basics right in family business employment law

November 3, 2021

Family businesses often grow in an unstructured way, leading to a culture of informality. As a result, basic employment law documents can get overlooked and family members are not issued with employment contracts or subject to formal policies. This can leave the business exposed when issues arise as neither the business nor the family member have a ‘rule book’ to follow.

Family links dominate Taiwanese businesses

August 15, 2011

One in five workers in Taiwan has a relative in management, with the majority of these admitting that nepotism helped them land their job, according to a new survey.

The research from recruitment site 1111 Job Bank, which surveyed 1,122 people, found that 22.1% said a parent or other relative worked with them, either in a high-ranking position or as the business owner, Focustaiwan.tw reported.

Almost 90% of these said they took advantage of their relationship to find their position, with 75% admitting that nepotism secured them the job.

A joker in the pack

July 1, 2005

Shareholders increasingly demand greater inclusion and influence over decisions at the companies in which they invest. Melanie Stern examines some of the issues, not least trust, accountability and nepotism, that infuriate stakeholders in family businesses

Melanie stern is section editor of Families in Business

Keep it in the family and help the business to reach new heights

May 1, 2005

Employing family members can be fraught with problems, but, argue John Ward and Steve Waichler, if it’s done with care and there is a good training and reward system in place, loyalty and commitment can strengthen your company and give it an edge

Steve Waichler is a director of Follett and president of the Waichler Family Council. John Ward is Wild Group professor of Family Business at IMD in Switzerland. www.johnlward.com

Employing family members can be fraught with problems, but, argue John Ward and Steve Waichler, if it's done with care and there is a good training and reward system in place, loyalty and commitment can strengthen your company and give it an edge

Nepotism: old story, new twist

November 1, 2004

It works, it feels good and it’s generally the right thing to do, says Adam Bellow. So why has nepotism been a bad word for so long? Don Schwerzler explains

Don Schwerzler is founder of the Family Business Institute in Atlanta.

It works, it feels good and it's generally the right thing to do, says Adam Bellow. So why has nepotism been a bad word for so long? Don Schwerzler explains