The Total Package: Single Family Office and Multi-Family Office Benefits and Retention Strategies

This presentation uses survey data and case studies to explore non-monetary incentives employed by single and multi-family offices including policies for paid time off and other benefits and perqs. Most single family offices are smaller organizations that employ 20 or fewer people. Their policies related to non-monetary incentives vary depending on the philosophy and preferences of their owners. Some offices have informal or unspoken agreements about time off and other benefits while others have formal policies that mirror those used in larger, corporate environments. Most financial families recognize the importance and value of flexibility in a smaller work environment and understand that the return on this investment is employee loyalty.