What Is ‘Acceptable’ Performance?

Esposito_Ch5No3Arrow1And how does it translate into base pay adjustments?

By Domenick J. Esposito
8 Steps to Great

Once you’ve decided to measure performance, you need to set the standards.

MORE ON STRATEGIC PLANNING: Net Profits: How Much to Whom? | CPA Firm Partner Performance: Different Activities, Different Metrics | 6 Measures of Partner Performance | How to Drive Partner Performance with a Smart Compensation Plan | Develop the Partners You Already Have | Is HR Ready for Your Partner Pipeline? | 3 Tools to Boost Your Metrics | How Many Partners Do You Need? | Is Your Pyramid Upside Down? | Start with Sound Firm Governance, Economics | How to Develop Tactics for Your Strategic Plan | Taking a Balanced Scorecard to Your Partners | As Tax Season Ends, Strategic Planning Seasons Begins | The Big Eight: Harsh Realities for Firms Today | Seizing the $10 Trillion Opportunity | Learning to ‘Run with the Big Dogs’
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

An example of identifying the range of acceptable performance is presented here: