Quarter of bosses have employed relatives in recent months sparking revival of traditional family businesses
ALMOST a quarter of business owners have employed relatives in recent months – sparking a revival of traditional family businesses.
And while 21 per cent are considering taking them on full time following this experience, 45 per cent would look at hiring more relatives in the future. More than a quarter said their relative’s working attitude was respectful and 22 per cent said they seemed enthusiastic. The findings come after a separate study of 1,500 relatives of small business owners found that of the 23 per cent who were taken on by their family, a third found it motivating.
More than a third even said the experience has made them want to be more involved with the family business and 31 per cent feel encouraged to start their own company.
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