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contracts

September 1, 2005

Good office politics start with solid foundations so everyone – family members and non-family employees alike – know where they stand. Paul Dorf emphasises the value of employment contracts and outlines the issues to consider when preparing them

Paul Dorf is managing director of Compensation Resources, Inc, New Jersey, USA

Good office politics start with solid foundations so everyone – family members and non-family employees alike – know where they stand. Paul Dorf emphasises the value of employment contracts and outlines the issues to consider when preparing them

July 1, 2005

It makes sense to formalise employment contracts, both for employees and employer in family companies. Employment agreements encourage healthy communication, prevent resentments from building up and avoid disputes arising later on, advises Jeffrey Wolfson

Jeffrey Wolfson is a family business attorney at Goulston & Storrs and is chairman emeritus of the Northeastern University Center for Family Business. www.jwolfson@goulstonstorrs.com

It makes sense to formalise employment contracts, both for employees and employer in family companies. Employment agreements encourage healthy communication, prevent resentments from building up and avoid disputes arising later on, advises Jeffrey Wolfson

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