The unique nature of family businesses means navigating the employment law maze can be particularly challenging. The rights and expectations of family members need to be balanced with those of non-family members. Conflict can arise amongst the workforce when there is a sense that appointments are made on the basis of family links rather than on merit. Managing performance of family members or removing family members from involvement in the business needs to be handled sensitively to avoid unwelcome tensions within the family. Our Employment Law team has wide experience in dealing with the unique issues which can arise in family owned and run businesses.
The team also has expertise in enterprise management incentive and share option schemes which can be utilised for both family and non-family members. We can advise on the appropriate scheme, taking into account the effect on the ownership structure and tax consequences.