{"id":49941,"date":"2016-10-23t05:00:50","date_gmt":"2016-10-23t09:00:50","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=49941"},"modified":"2016-11-14t09:34:01","modified_gmt":"2016-11-14t14:34:01","slug":"vacation-becomes-excessive","status":"publish","type":"post","link":"\/\/www.g005e.com\/2016\/10\/23\/vacation-becomes-excessive\/","title":{"rendered":"when partner vacation becomes excessive"},"content":{"rendered":"
it’s not usually the time off that’s the problem, it’s the pay.<\/strong> by marc rosenberg<\/i> if there is a practice management abuse that makes me want to wring a partner\u2019s neck, this one is a great candidate: partners who take a \u201cclearly excessive\u201d amount of vacation every year, maintain that they are working full time and expect their compensation to be unaffected.<\/p>\n more on partner compensation:<\/b> paying for current vs. historical performance<\/a> | how profitability affects income allocation<\/a> | paying new partners and lateral hires<\/a> | 3 rules for promotion to partner<\/a> | should the mp be the highest paid partner?<\/a> | integrating partner comp with strategic planning<\/a> | partner pay: the declining importance of book of business<\/a> | 3 subjective compensation systems<\/a> | how partners view compensation: it\u2019s not all about the money<\/a> the partners committing this abuse are almost always founding partners, rainmakers or a former mp. in all of my experiences with this problem, the firms were under $10 million.
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\npartner comp: art & science<\/i><\/a><\/p>\n
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