AgTalk Home
AgTalk Home
Search Forums | Classifieds (75) | Skins | Language
You are logged in as a guest. ( logon | register )

How is the young guys suppose to carry on?
View previous thread :: View next thread
   Forums List -> Kitchen TableMessage format
Posted 2/9/2019 00:21 (#7307998 - in reply to #7307620)
Subject: RE: How is the young guys suppose to carry on?

It’s financially fair if Jr was paid a market wage or equivalent value/equity shares during the period for which he was an employee/partner. If Jr worked under market value and gave up 20 years of climbing the ranks in a different career field it’s a pretty raw deal, worse given the family dimension.

Familywise it seems it would take an incredibly mature and forgiving son to process that situation and maintain a functional relationship with Dad. I would think getting over the feeling of betrayal would be a protracted process. I would think getting financially disentangled would also be an involved process.

More and more it seems difficult for a younger generation to work for less than market value in a business without a clear written plan for a future handoff/succession.

Edited by sand85 2/9/2019 00:24
Top of the page Bottom of the page

Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete all cookies set by this site)