Determining salaries, benefits and dividends
When you co-own a business, who determines each partners's salary? What is this based on? Is it fair? How and when does compensation change? Are owners entitled to company cars? (If so, can I get the new Porsche?) What if I need more dividends? Are bonuses paid equally or based on other criteria?
Salaries, bonuses, benefits, dividends... When it comes to conversations about money, many topics are considered taboo and are left unaddressed.
The full article can be read in the Jewellery Business magazine August 2021 edition.