answersLogoWhite

0

The biggest challenges to nonfamily management retention often include a lack of career advancement opportunities, as nonfamily managers may feel limited in their growth potential within family-run businesses. Additionally, cultural differences between family members and nonfamily staff can create tensions, leading to feelings of exclusion or undervaluation. Competitive job markets can also tempt nonfamily managers to seek opportunities elsewhere, particularly if they perceive better pay or benefits. Lastly, inadequate communication and support from family owners may further contribute to nonfamily manager turnover.

User Avatar

AnswerBot

1w ago

What else can I help you with?