{"id":126676,"date":"2024-06-23t11:58:54","date_gmt":"2024-06-23t15:58:54","guid":{"rendered":"\/\/www.g005e.com\/?p=126676"},"modified":"2024-08-29t23:53:00","modified_gmt":"2024-08-30t03:53:00","slug":"how-firms-are-compensating-their-coos","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/06\/23\/how-firms-are-compensating-their-coos\/","title":{"rendered":"how firms are compensating their coos"},"content":{"rendered":"

\"bar<\/p>\n

real-life examples. about 29% are owners.<\/strong><\/p>\n

by kristen rampe<\/em>
\nrosenberg associates<\/em><\/p>\n

more and more firms are exploring the benefits of adding a chief operating officer (coo) to their leadership ranks. the coo role often encompasses strategic cpa firm leadership, holding partners accountable, making decisions in line with the firm\u2019s strategy and overseeing all administrative functions.<\/p>\n

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this position can significantly reduce the time client service partners spend attending to these duties. and often the coo can do them better, as they aren\u2019t distracted by the next fire drill from a high-profile accounting client. their only client is the firm.
\n
\nthe coo role can take on a variety of flavors, depending on firm size, need and the level of experience and skills of person they have placed in the role:<\/p>\n