{"id":48820,"date":"2016-06-19t05:00:13","date_gmt":"2016-06-19t09:00:13","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=48820"},"modified":"2024-08-14t09:35:44","modified_gmt":"2024-08-14t13:35:44","slug":"48820","status":"publish","type":"post","link":"\/\/www.g005e.com\/2016\/06\/19\/48820\/","title":{"rendered":"how to set the managing partner\u2019s compensation"},"content":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/06\/manholdingdollarsigns_adobestock_36879132.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-49247\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/06\/manholdingdollarsigns_adobestock_36879132-424x283.jpeg\" alt=\"businessman holding multiple dollar signs\" width=\"424\" height=\"283\" \/><\/a>a management stipend keeps the mp &#8220;whole.&#8221;<\/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>many firms, especially under $10 million, have a partner on board with the title of managing partner who in reality functions more as an admin partner. this post only addresses how the true mp should be compensated.<\/p>\n<blockquote><p><b>more on partner compensation:<\/b> <a href=\"\/\/www.g005e.com\/2016\/06\/12\/how-large-and-small-firms-allocate-income\/\">how large and small firms allocate income<\/a> | <a href=\"\/\/www.g005e.com\/2016\/06\/05\/integrating-partner-comp-strategic-planning\/\">integrating partner comp with strategic planning <\/a>|\u00a0<a href=\"\/\/www.g005e.com\/2016\/05\/15\/48815\/\">partner pay: the declining importance of book of business<\/a> | <a href=\"\/\/www.g005e.com\/2016\/04\/24\/48603\/\">3 non-performance-based comp systems<\/a> | <a href=\"\/\/www.g005e.com\/2016\/02\/21\/performance-based-subjective-systems\/\">3 subjective compensation systems <\/a>| <a href=\"\/\/www.g005e.com\/2016\/01\/26\/partner-compensation-101\/\">partner compensation 101<\/a><\/p><\/blockquote>\n<p>ok, for those of you dying to know what a true mp is, here\u2019s the scoop. a true mp:<br \/>\n <a href=\"\/\/www.g005e.com\/2016\/06\/19\/48820\/#more-48820\" 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%2f06%2f19%2f48820%2f&amp;t=how+to+set+the+managing+partner%e2%80%99s+compensation'  ><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 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class=\"icon_text\"><a rel=\"_self\" href=\"mailto:?subject=cpa%20trendlines%20:%20how%20to%20set%20the%20managing%20partner\u2019s%20compensation&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\/06\/19\/48820\/\" title=\"email this: how to set the managing partner\u2019s compensation \"><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\/06\/manholdingdollarsigns_adobestock_36879132.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-49247\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/06\/manholdingdollarsigns_adobestock_36879132-424x283.jpeg\" alt=\"businessman holding multiple dollar signs\" width=\"424\" height=\"283\" \/><\/a>a management stipend keeps the mp &#8220;whole.&#8221;<\/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>many firms, especially under $10 million, have a partner on board with the title of managing partner who in reality functions more as an admin partner. this post only addresses how the true mp should be compensated.<\/p>\n<blockquote>\n<p><b>more on partner compensation:<\/b> <a href=\"\/\/www.g005e.com\/2016\/06\/12\/how-large-and-small-firms-allocate-income\/\">how large and small firms allocate income<\/a> | <a href=\"\/\/www.g005e.com\/2016\/06\/05\/integrating-partner-comp-strategic-planning\/\">integrating partner comp with strategic planning <\/a>|\u00a0<a href=\"\/\/www.g005e.com\/2016\/05\/15\/48815\/\">partner pay: the declining importance of book of business<\/a> | <a href=\"\/\/www.g005e.com\/2016\/04\/24\/48603\/\">3 non-performance-based comp systems<\/a> | <a href=\"\/\/www.g005e.com\/2016\/02\/21\/performance-based-subjective-systems\/\">3 subjective compensation systems <\/a>| <a href=\"\/\/www.g005e.com\/2016\/01\/26\/partner-compensation-101\/\">partner compensation 101<\/a><\/p>\n<\/blockquote>\n<p>ok, for those of you dying to know what a true mp is, here\u2019s the scoop. a true mp:<br \/>\n <a href=\"\/\/www.g005e.com\/2016\/06\/19\/48820\/#more-48820\" 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%2f06%2f19%2f48820%2f&amp;t=how+to+set+the+managing+partner%e2%80%99s+compensation'  ><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>\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.linkedin.com\/'  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