{"id":33147,"date":"2013-12-31t02:14:46","date_gmt":"2013-12-31t07:14:46","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=33147"},"modified":"2024-10-01t09:36:27","modified_gmt":"2024-10-01t13:36:27","slug":"6-questions-to-test-your-firms-partner-pay-system","status":"publish","type":"post","link":"\/\/www.g005e.com\/2013\/12\/31\/6-questions-to-test-your-firms-partner-pay-system\/","title":{"rendered":"6 questions to test your firm&#8217;s partner pay system"},"content":{"rendered":"<p><strong>how to create a fair and effective comp plan that unites partners and pushes the firm forward.<\/strong><\/p>\n<p><em>by robert j. lees\u00a0<\/em><em>and august j. aquila<br \/>\n<\/em><em><a href=\"http:\/\/baystreetgroup.com\/store\/how-to-engage-partners-in-the-firms-future-copy\/\" target=\"_blank\" rel=\"noopener\">creating the effective partnership<\/a><\/em><\/p>\n<p>the right partner performance bonus plan encourages and rewards partners for achieving firm, team and individual goals, enabling the partners to see a clear cause-and-effect relationship between what they do, what it means to the firm and how they get rewarded.<\/p>\n<p>unfortunately, in too many firms, partners can&#8217;t see these linkages. the compensation system is a failure.<\/p>\n<div>\n<p>consider, for a moment, these six questions for your firm: <a href=\"\/\/www.g005e.com\/2013\/12\/31\/6-questions-to-test-your-firms-partner-pay-system\/#more-33147\" class=\"more-link\">read more &rarr;<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p><strong>how to create a fair and effective comp plan that unites partners and pushes the firm forward.<\/strong><\/p>\n<p><em>by robert j. lees\u00a0<\/em><em>and august j. aquila<br \/>\n<\/em><em><a href=\"http:\/\/baystreetgroup.com\/store\/how-to-engage-partners-in-the-firms-future-copy\/\" target=\"_blank\" rel=\"noopener\">creating the effective partnership<\/a><\/em><\/p>\n<p>the right partner performance bonus plan encourages and rewards partners for achieving firm, team and individual goals, enabling the partners to see a clear cause-and-effect relationship between what they do, what it means to the firm and how they get rewarded.<\/p>\n<p>unfortunately, in too many firms, partners can&#8217;t see these linkages. the compensation system is a failure.<\/p>\n<div>\n<p>consider, for a moment, these six questions for your firm: <a href=\"\/\/www.g005e.com\/2013\/12\/31\/6-questions-to-test-your-firms-partner-pay-system\/#more-33147\" class=\"more-link\">read more &rarr;<\/a><\/div>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[5,2374,3120,2266],"tags":[2429,86,572,38,1416],"class_list":["post-33147","post","type-post","status-publish","format-standard","hentry","category-outlook","category-pay-compensation","category-pro-member-exclusive","category-partner","tag-earnings","tag-partner","tag-pay","tag-salary","tag-wages","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- this site is optimized with the yoast seo plugin v24.0 - 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