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Family Businesses Employees

Davis Wright Tremaine LLP

Interpersonal Relationships in the Family Business: The Recipe for Success or Failure

Families are all about loyalty, mutual support, and unconditional love, right? That's certainly the ideal that many families try to achieve, even if they operate a business together. With that said, the interpersonal dynamics...more

Davis Wright Tremaine LLP

Family Business Compensation Issues

Money and compensation are among the most sensitive issues that family business members face. Some of the pitfalls include using pay to maintain parental control and/or to resolve emotional issues, mixing compensation with...more

Davis Wright Tremaine LLP

Structured Interviews: Towards Eliminating Bias in the Interviewing Process

If you are hiring someone to join your family business, it is important to use a method that is a reliable indicator of employee performance. Unstructured interviews are a popular choice for hiring managers, as it feels like...more

Davis Wright Tremaine LLP

Family Businesses and COVID-19 Vaccinations

As more and more people become eligible to receive COVID-19 vaccines, employers are evaluating the safety concerns of their workforce and are considering whether they can—and should—make COVID-19 vaccinations a requirement...more

Davis Wright Tremaine LLP

Equity Compensation Plans and Alternatives for Family Businesses

To provide long-term incentives to top employees and align their interests with their employers, many businesses offer some kind of equity compensation. However, when a business is owned by a family, the decision to provide...more

Davis Wright Tremaine LLP

Fostering a Culture of Creativity in Family Businesses

For a long time, creativity in business has been viewed as an elusive attribute—one that some people had and others simply did not. It was often thought of as an intangible asset that a business had little or no control over....more

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