Transactions Involving Immediate Family Employees must not work on transactions involving another organization when: (i) an immediate family member of the Employee has a material financial interest in the transaction or the organization or (ii) an immediate family member is employed in a management or sales and

Why family members Cannot work together?

“The employment of relatives in the same area of an organization may cause serious conflicts and problems with favoritism and employee morale. In addition to claims of partiality in treatment at work, personal conflicts from outside the work environment can be carried into day-to-day working relationships.

What are extended family members?

Extended families consist of several generations of people and can include biological parents and their children as well as in-laws, grandparents, aunts, uncles, and cousins. Extended family members usually live in the same residence where they pool resources and undertake familial responsibilities.

What is another word for extended family?

Synonyms of extended familyhome,house,household,ménage.

What are the two types of extended family?

Extended family - grandparents, aunts, uncles, and cousins, either all living nearby or within the same household. For example, if a married couple lives with either the husband or wifes parents the family changes from a nuclear to extended household. Reconstituted family - also known as a step family.