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December 4, 2008

A family-owned American bearing company has lived up to its reputation as a business that treats its staff like family by giving them five-figure bonuses.

A family-owned American bearing company has lived up to its reputation as a business that treats its staff like family by giving them five-figure bonuses.
 
Illinois-based PEER Bearing Company has distributed $6.6 million in bonuses to its 230 US and British employees. The Spungen family sold the business to Sweden’s SKF Group earlier this year.
 

March 1, 2005

Tim Watts gave the family business to his staff when he realised he was on the road to becoming a real-life Mr Grace. He tells Melanie Stern about the Pertemps Group’s unique employee-led structure, his thoughts on the UK recruitment industry and what is in store beyond his leadership

Melanie Stern is section editor of Families in Business.

Tim Watts gave the family business to his staff when he realised he was on the road to becoming a real-life Mr Grace. He tells Melanie Stern about the Pertemps Group's unique employee-led structure, his thoughts on the UK recruitment industry and what is in store beyond his leadership

November 1, 2003

An increasing number of employers are looking at flexible benefits to improve recruitment and retention levels. Is it time your family business became more flexible?

Shawn Healy is a Senior Tax Manager with The BDO Centre for Family Business, formerly the Stoy Centre for Family Business, which was set up in 1992 dedicated to serving the needs and raising the profile of UK family businesses.

An increasing number of employers are looking at flexible benefits to improve recruitment and retention levels. Is it time your family business became more flexible?

November 1, 2003

If you are considering making changes to your employee benefit programme, now is a good time to do it – with little volatility in the employment market there should be a minimal negative impact. As long as it is handled carefully it could be cost-effective for your business too...

Philip Houghton and Paul Mather are Senior Consultants with Sibson Consulting, a global human capital consulting firm, based in London. Bart Huby is a Partner with Lane, Clark & Peacock LLP, an actuarial partnership with offices in London and Winchester, UK.

If you are considering making changes to your employee benefit programme, now is a good time to do it – with little volatility in the employment market there should be a minimal negative impact. As long as  it is handled carefully it could be cost-effective for your business too...

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