Sharing The Wealth
How much is too much . . .or too little?
Nailing down salary amounts for employees is no simple task for any business owner--but for family business owners determining pay for relatives, it can be especially difficult.
"That's because crafting an appropriate compensation package [for] a relative is an art. Emotion gets mixed into the numbers," says Linda Wood, senior consultant in the human resources branch of public accounting firm Tofias, Fleishman, Shapiro & Co. in Cambridge, Massachusetts.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Get 3 months free with code zendesk
Presented by Zendesk

Entrepreneur Editors' Picks
-
Zooey Deschanel Embraces the Word 'Quirky' and Thinks Businesses Should Too
-
A Simple (But Not Easy) Guide to Achieving Almost Any Dream
-
Making Time to Be 'Useless' Is a Vital Part of Creating Anything Valuable
-
A Billionaire Who Operates More Than 2,400 Franchises Knows These Types of Franchisees Make the Most Money
-
How Relentless Optimism Fuels Success for Hilary Schneider, CEO of Shutterfly
-
The Paradox of Celebrity Tequila
-
Social Media Was Draining Me, So I Gave It Up. My Business Has Never Been Stronger.