The Total Compensation Model in the Family Business as a Key Tool for Success
DOI:
https://doi.org/10.24310/ejfbejfb.v10i2.6811Keywords:
Total compensation, Family business, Human resources management, Organisational behaviour, Strategic managementAbstract
The purpose of this research study is to examine the importance of the total compensation model in family business as an essential element for human resources management, in line with the organisation’s strategic management, in order to optimise organisational behaviour. This is based on the useful and efficient use of different compensation tools and methods, taking into consideration both the differences and common aspects of family businesses with regard to other type of companies, as well as their size.
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