4 common carve-outs, 9 challenges and 10 complications of ALL compensation systems.
By Marc Rosenberg
Partner Comp: Art & Science
Compensation formulas are the most common system for allocating partner income.
MORE PARTNER COMPENSATION for PRO Members (Go PRO here): Why Firms Use Partner Comp Formulas|3 Subjective Compensation Systems | 11 Points in Designing a Partner Comp System | 3 Tiers of Compensation | Partner Compensation 101|What Partners Earn and How They Earn It | Partner Compensation: An Art, Not a Science | How Partners View Compensation: It’s Not All about the Money | Why Most Partner Comp Systems Are Performance-Based
Now let’s look at some of the better formula systems we’ve seen: