why balanced scorecard is mbo in new clothing.
by marc rosenberg
partner comp: art & science
there are many partner compensation formulas, some performance-based and some not, some more subjective than others.
more on partner compensation: 3 non-performance-based comp systems | the 3 best partner compensation formulas | 11 points in designing a partner comp system | 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
the systems below are less common than others, but some firms are attracted to them, especially small firms.