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Unsung Heroes: Workforce Issues of Family Business
The Unsung Heroes Video Series Sponsored by Family Enterprise USA Tackles Struggles and Triumphs Family Businesses Face Daily, including Hurtful Policies, Taxes, and Succession
The video discusses how family businesses often treat their employees as part of their extended family, leading to multiple generations of employees working within the company. It highlights the importance of company culture and values in fostering longevity among employees. The speakers emphasizes the role of these values in guiding workplace behaviors and decision-making. Additionally, the challenges faced by family businesses, such as workforce shortages, particularly in technical roles, and difficulties in navigating immigration policies, are addressed. The speakers call for bipartisan efforts to reform immigration policies to attract skilled workers and support business growth.
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The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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