3 Rules for Promotion to Partner

pocket moneyReward them, don’t discourage them.

By Marc Rosenberg
Partner Comp: Art & Science

Three general philosophies should apply for all partner promotions:

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  • Getting promoted in any business should be celebrated. In CPA firms, the promotion to partner is a career-making event, deserving of a nice promotion raise. A common range is 10-15 percent in the first year.