If you run a small or medium sized business, do you employ any family members? Currently, more than a fifth of small business surveyed (21%) do so. What’s more interesting is that a staggering 94% of SMEs employing family members felt that their business had benefited as a result.
I’ve always believed hiring a family member can be a double-edged sword. Mainly, what if they start taking advantage of your relationship and not doing what their job entails? Your Uncle Bobby might think that because he took you to all those ball games growing up, it’s payback time, and he shouldn’t have to work as hard as other employees. On the flip side, there’s no better joy than to hire a family member who is need of employment.
LET’S TALK FAMILY