Best Practices: Top firms use these seven systems for allocating income.
By Marc Rosenberg
The Rosenberg Practice Management Library
It would take a book much longer than this post to properly explain the finer points of partner compensation, especially how each of the major compensation systems works.
(Oh, did I forget? We wrote such a book, CPA Firm Partner Compensation: The Art and Science.)
MORE: Making Partner: 15 Steps to the Buy-In | Making Partner: Do the Math | A Crash Course in the Business of Public Accounting | Making Partner: What Managers Need to Know | Nine Reasons People Are Promoted to Partner
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As is the case with all of my lists, no one firm incorporates all of these practices in its partner compensation policy.
But I have observed all of the practices below in one or more of the best firms I’ve worked with over 20 years.
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