{"id":48817,"date":"2016-05-29t05:00:50","date_gmt":"2016-05-29t09:00:50","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=48817"},"modified":"2024-08-14t09:35:48","modified_gmt":"2024-08-14t13:35:48","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":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/05\/officemeeting_adobestock_84079068.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-48834\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/05\/officemeeting_adobestock_84079068-424x283.jpeg\" alt=\"business people working in office\" width=\"424\" height=\"283\" \/><\/a>18 lessons to take to heart. and a few words of warning.<\/strong><\/p>\n<p><i><span style=\"font-weight: 400\">by marc rosenberg<\/span><\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/partner-compensation\/\"><i><span style=\"font-weight: 400\">partner comp: art &amp; science<\/span><\/i><\/a><\/p>\n<p>operating a compensation committee isn&#8217;t for the faint of heart. here are points all members would do well to heed.<\/p>\n<blockquote><p><b>more on partner compensation:<\/b> <a href=\"\/\/www.g005e.com\/2016\/05\/01\/48769\/\"><span style=\"font-weight: 400\">5 other systems for paying partners<\/span><\/a><span style=\"font-weight: 400\"> | <\/span><a href=\"\/\/www.g005e.com\/2016\/03\/13\/2050-fmg-face-trouble\/\"><span style=\"font-weight: 400\">the 3 best partner compensation formulas<\/span><\/a><span style=\"font-weight: 400\"> |<\/span> <a href=\"\/\/www.g005e.com\/2016\/02\/14\/designing-a-partner-comp-system\/\"><span style=\"font-weight: 400\">11 points in designing a partner comp system<\/span><\/a><span style=\"font-weight: 400\"> | <\/span><a href=\"\/\/www.g005e.com\/2016\/01\/03\/what-partners-earn-and-how-they-earn-it\/\"><span style=\"font-weight: 400\">what partners earn and how they earn it<\/span><\/a><span style=\"font-weight: 400\"> | <\/span><a href=\"\/\/www.g005e.com\/2015\/11\/17\/partners-view-compensation\/\"><span style=\"font-weight: 400\">how partners view compensation: it\u2019s not all about the money<\/span><\/a><span style=\"font-weight: 400\"> | <\/span><a href=\"\/\/www.g005e.com\/2015\/11\/02\/rosenberg-comp-performance-based\/\"><span style=\"font-weight: 400\">why most partner comp systems are performance-based<\/span><\/a><\/p><\/blockquote>\n<p>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.<br \/>\n <a href=\"\/\/www.g005e.com\/2016\/05\/29\/crash-course-operating-a-compensation-committee\/#more-48817\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2016%2f05%2f29%2fcrash-course-operating-a-compensation-committee%2f&amp;t=crash+course%3a+operating+a+compensation+committee'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on facebook<\/span><\/a><\/li><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  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class=\"head\">share on linkedin<\/span><\/a><\/li><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/twitter.com\/'  href=\"http:\/\/twitter.com\/share?url=https%3a%2f%2fwww.g005e.com%2f2016%2f05%2f29%2fcrash-course-operating-a-compensation-committee%2f&amp;text=%23cpa+link%3a++-+ via+%40cpa_trendlines\"  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='twitter'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-1625px 0px'   \/> <span class=\"head\">tweet this item<\/span><\/a><\/li><li class=\"icon_text\"><a rel=\"_self\" href=\"mailto:?subject=cpa%20trendlines%20:%20crash%20course:%20operating%20a%20compensation%20committee&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\r\n\r\n\r\n\r\n%20%20\/\/www.g005e.com\/2016\/05\/29\/crash-course-operating-a-compensation-committee\/\" title=\"email this: crash course: operating a compensation committee \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/05\/officemeeting_adobestock_84079068.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-48834\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/05\/officemeeting_adobestock_84079068-424x283.jpeg\" alt=\"business people working in office\" width=\"424\" height=\"283\" \/><\/a>18 lessons to take to heart. and a few words of warning.<\/strong><\/p>\n<p><i><span style=\"font-weight: 400\">by marc rosenberg<\/span><\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/partner-compensation\/\"><i><span style=\"font-weight: 400\">partner comp: art &amp; science<\/span><\/i><\/a><\/p>\n<p>operating a compensation committee isn&#8217;t for the faint of heart. here are points all members would do well to heed.<\/p>\n<blockquote>\n<p><b>more on partner compensation:<\/b> <a href=\"\/\/www.g005e.com\/2016\/05\/01\/48769\/\"><span style=\"font-weight: 400\">5 other systems for paying partners<\/span><\/a><span style=\"font-weight: 400\"> | <\/span><a href=\"\/\/www.g005e.com\/2016\/03\/13\/2050-fmg-face-trouble\/\"><span style=\"font-weight: 400\">the 3 best partner compensation formulas<\/span><\/a><span style=\"font-weight: 400\"> |<\/span> <a href=\"\/\/www.g005e.com\/2016\/02\/14\/designing-a-partner-comp-system\/\"><span style=\"font-weight: 400\">11 points in designing a partner comp system<\/span><\/a><span style=\"font-weight: 400\"> | <\/span><a href=\"\/\/www.g005e.com\/2016\/01\/03\/what-partners-earn-and-how-they-earn-it\/\"><span style=\"font-weight: 400\">what partners earn and how they earn it<\/span><\/a><span style=\"font-weight: 400\"> | <\/span><a href=\"\/\/www.g005e.com\/2015\/11\/17\/partners-view-compensation\/\"><span style=\"font-weight: 400\">how partners view compensation: it\u2019s not all about the money<\/span><\/a><span style=\"font-weight: 400\"> | <\/span><a href=\"\/\/www.g005e.com\/2015\/11\/02\/rosenberg-comp-performance-based\/\"><span style=\"font-weight: 400\">why most partner comp systems are performance-based<\/span><\/a><\/p>\n<\/blockquote>\n<p>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.<br \/>\n <a href=\"\/\/www.g005e.com\/2016\/05\/29\/crash-course-operating-a-compensation-committee\/#more-48817\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap row\">\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2016%2f05%2f29%2fcrash-course-operating-a-compensation-committee%2f&amp;t=crash+course%3a+operating+a+compensation+committee'  ><img  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href=\"mailto:?subject=cpa%20trendlines%20:%20crash%20course:%20operating%20a%20compensation%20committee&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\n\n\n\n%20%20\/\/www.g005e.com\/2016\/05\/29\/crash-course-operating-a-compensation-committee\/\" title=\"email this: crash course: operating a compensation committee \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li>\n<\/ul>\n<div 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