
Employment for family businesses
Family businesses have to deal with employee issues in the same way as any other type of business. In addition to the usual employment issues, there can be additional complications where the family is no longer involved in the day-to-day running of the business. In these cases, management competence and incentivisation are key success factors which need careful attention and call for an appropriate balance of policies, procedures and controls to aid performance.
ByrneWallace advises family businesses on a range of employment issues, including:
- Recruitment, compensation and dismissals
- Incentivising key employees
- Non-compete agreements and other restrictive covenants
- Employment policies and practices
- Dealing with trade unions
- Employment issues on sale of a business
- Employment related litigation
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