Is it possible to receive a notification when a change in the "Family" tab has been made in an employee's profile?

Yes. System Administrators can enable notifications for HR and employees so they receive a notification when a change in the "Family" tab has been made. Go to "Administration" > "People" > click on "Notifications" > under the section "Send notifications to HR and the employee for changes for personal information", click on "Yes" next to the fields "Dependant Children" and "Spouse".
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