Definition Nepotism In Business

For example granting favors or jobs to friends and.

Definition nepotism in business. Many companies do not want their employees to work with family members because it creates a conflict of interest as well as issues of loyalty within the. Nepotism is more common in family run companies nonprofits and smaller firms. The term nepotism is derived from the italian word nipote which means nephew. Nepotism refers to a form of unfair workplace procedure when family members or friends of the boss or manager are hired not purely for their skills experience or knowledge.

In the business world nepotism is the practice of showing favoritism toward one s family members or friends in economic or employment terms. A nepotism policy or anti nepotism policy as it is more commonly known is a policy put in place by a company or agency to prevent employees from engaging in nepotism. In the business world nepotism is the practice of showing favoritism toward one s family members or friends in economic or employment terms.