{"id":55453,"date":"2018-08-01t18:30:19","date_gmt":"2018-08-01t22:30:19","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=55453"},"modified":"2024-08-14t09:35:13","modified_gmt":"2024-08-14t13:35:13","slug":"deciding-how-to-allocate-partner-income","status":"publish","type":"post","link":"\/\/www.g005e.com\/2018\/08\/01\/deciding-how-to-allocate-partner-income\/","title":{"rendered":"deciding how to allocate partner income"},"content":{"rendered":"
<\/a>8 aspects that might fall to your compensation committee.<\/strong><\/p>\n by <\/i>marc rosenberg<\/i><\/a><\/p>\n cpa firms have a habit of making frequent changes \u2013 some major and some minor \u2013 to their system and methodology of allocating partner income, just as a baseball team tweaks its roster of players during a long, grueling season.<\/p>\n more:<\/b> principals who aren\u2019t cpas<\/a> | non-equity partners: why have them?<\/a> | why you might want an executive committee<\/a> | buyout when a partner dies<\/a> | why and how new partners buy in<\/a> because of this, firms are advised to keep the wording on partner compensation in their partner agreements as general as possible. this avoids the need to change the agreement every time the income allocation system is modified. compensation committee<\/strong><\/p>\n if your firm uses a compensation committee (cc) to allocate partner income, you may wish to include a specific section for this in your partner agreement.<\/p>\n decisions that need to be made<\/strong><\/p>\n i am a strong advocate of the ec and the cc being the same group. if the ec is doing its job properly, it is an active, committed group that, together with the mp, is intimately familiar with the performance of each partner and thus in a great position to evaluate their performance.<\/p>\n to some partner groups, making the ec and the cc one and the same is worrisome because the partners fear that too much power will be bestowed upon one small group. so they prefer other ways to staff the cc. here are three, in order of how common they are:<\/p>\n 8 aspects that might fall to your compensation committee.<\/strong>
\nexclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n
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\nby marc rosenberg<\/em><\/p>\n","protected":false},"author":1339,"featured_media":52068,"comment_status":"open","ping_status":"closed","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":[2374,3120,2266],"tags":[2429,572,38,1416],"class_list":["post-55453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pay-compensation","category-pro-member-exclusive","category-partner","tag-earnings","tag-pay","tag-salary","tag-wages"],"acf":[],"yoast_head":"\n