Nothing ventured, nothing gained

By 2017, an estimated 40.3 percent of family business owners expect to retire, creating a significant transition of ownership in the U.S.¹ That means plenty of new owners in need of guidance on employment, compensation, and retirement plan issues for family employees and key non-family executives.

A Guide to Employment Terms and Compensation of Key Personnel in Family Businesses addresses these concerns so you can better counsel your clients through important decisions. It’s a special opportunity for you to learn from a variety of experienced professionals and specialists, including:

• Attorneys
• Accountants
• An HR professional
• A retirement plan administrator
• A compensation analyst

Booming business tips

Leave with a better understanding of the tools available for family businesses to successfully and profitably manage both family and non-family employees. Explore how to:

• Make compensation and advancement decisions
• Use contracts and non-compete agreements to create a win-win for the business and family employees
• Conduct performance evaluations in an equitable way for family employees, officers, and directors
• Achieve phase-down and retirement security for senior generations with tax-efficient deferred compensation and non-qualified plans

Plus, discover best practices for attracting and retaining quality non-family executives using equity participation or non-equity alternatives.