{"id":48817,"date":"2016-05-29t05:00:50","date_gmt":"2016-05-29t09:00:50","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=48817"},"modified":"2017-12-04t09:37:01","modified_gmt":"2017-12-04t14:37:01","slug":"crash-course-operating-a-compensation-committee","status":"publish","type":"post","link":"\/\/www.g005e.com\/2016\/05\/29\/crash-course-operating-a-compensation-committee\/","title":{"rendered":"crash course: operating a compensation committee"},"content":{"rendered":"

\"business<\/a>18 lessons to take to heart. and a few words of warning.<\/strong><\/p>\n

by marc rosenberg<\/span><\/i>
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partner comp: art & science<\/span><\/i><\/a><\/p>\n

operating a compensation committee isn’t for the faint of heart. here are points all members would do well to heed.<\/p>\n

more on partner compensation:<\/b> 5 other systems for paying partners<\/span><\/a> | <\/span>the 3 best partner compensation formulas<\/span><\/a> |<\/span> 11 points in designing a partner comp system<\/span><\/a> | <\/span>what partners earn and how they earn it<\/span><\/a> | <\/span>how partners view compensation: it\u2019s not all about the money<\/span><\/a> | <\/span>why most partner comp systems are performance-based<\/span><\/a><\/p><\/blockquote>\n

1. the partners must understand the heart and soul of the compensation committee (cc) approach: the system can only work if the people being judged are willing to trust the judges. period. if the partners aren\u2019t comfortable with this, they should not use the cc.
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read more →<\/a><\/p>\n