{"id":119768,"date":"2023-12-14t11:55:02","date_gmt":"2023-12-14t16:55:02","guid":{"rendered":"\/\/www.g005e.com\/?p=119768"},"modified":"2024-08-29t23:54:17","modified_gmt":"2024-08-30t03:54:17","slug":"twenty-items-for-a-partner-compensation-committee-to-decide","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/12\/14\/twenty-items-for-a-partner-compensation-committee-to-decide\/","title":{"rendered":"top 20 tough choices for the partner comp committee"},"content":{"rendered":"

\"man,<\/strong><\/p>\n

production isn\u2019t all that matters.<\/strong><\/p>\n

by marc rosenberg<\/i>
\nthe rosenberg practice management library<\/i><\/a><\/p>\n

increasingly, cpa firms are adopting the compensation committee system for allocating partner income. firms are finding that systems such as formulas, pay based on ownership percentage or pay-equal no longer work.<\/p>\n

more: <\/b>voting on ownership basis? three better methods<\/a> | what partners do and don\u2019t deserve<\/a> | tell potentials what partnership takes<\/a> | fifteen big questions for your next strategy session<\/a> | five steps to transition to partnership<\/a> | disturb the present to improve the future<\/a>
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>
log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n

if there is one overarching cause for this significant trend, it\u2019s that firms are understanding that their partners need to be something more than production machines. in addition to bringing in business, managing a client base and working billable hours (all of which continue<\/strong> to be important values in a compensation committee), partners need to excel in intangible areas such as helping staff grow and develop, developing specialized expertise and teamwork. the compensation committee is one of the best systems available to cpa firms to allocate income based on this diverse array of performance criteria.
\n
\nwhen firms begin operating their new compensation committees, there is a lot of initial confusion and bewilderment about how to get started. for example:<\/p>\n