hint: they don’t eliminate arguments.
by marc rosenberg
partner comp: art & science
the common thread to non-performance-based systems is that partners’ compensation is not based on their performance, but on other factors that have nothing to do with performance. there are three main systems of this type:
more on partner compensation: the 3 best partner compensation formulas | why firms use partner comp formulas | 3 tiers of compensation | partner compensation 101| what partners earn and how they earn it | partner compensation: an art, not a science | how partners view compensation: it’s not all about the money | why most partner comp systems are performance-based
- ownership percentage
- pay all partners equally, or nearly so
- seniority
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