When considering hiring a friend or family member, there is a lot to take into consideration. There are pros and cons to every business decision, and this one is no exception. Here is a list of both pros & cons for hiring a friend of family member.
PROS:
• You can never have too much loyalty, and any family or friend would be trustworthy
• If you hire someone you’ve known for a while, you will know what to expect from them
• The strong and weak points will already been known by you
• Friends and family can be encouraging to work with, lifting you when you need it most
• These people will reach out and do favors for you without expecting anything in return
• Friends and family usually want you to succeed, so they will work hard for you
CONS:
• Friends & family may take advantage of your love for them, and break company rules
• Rules make be broken simply because friends do not think you will fire them
• Your family may be trustworthy, but overall they may be lazy also- which will cost you
• Other employees may assume friends are being shown favoritism, especially if promoted
• Family may expect favoritism simply because they are your family
• Everyone isn’t a professional, so friends may give your company a bad reputation
There are plenty of both pros, and cons to hiring a friend or relative, and like every business decision, there is risk behind whatever decision you make. If you do decide to hire a relative or friend be sure to follow a few major rules. These rules include: always act professional in the work place, establish specific hours for your friend, create a specific job description that needs to be followed, and keep whatever you pay these people between the two of you.