Pay in a family business is based on the roles each person plays, not based on equal ownership. An owner’s pay is based on distributed profits of the business. The president and other company roles are based on market rate and commission. The employee roles that each member plays are based on merit and results. Listen as we discuss this fascinating and volatile topic.
Do you have confusion around pay in your family business? If yes, take advantage of a complimentary business strategy session to discover the opportunities in your business! https://actioncoachwi.com/podcast-ask-a-question-complimentary-session/