The Most Comprehensive Practice Manual Ever Written on Partner Performance, Pay, and Incentives
By Marc Rosenberg CPA
This monograph compiles all of Rosenberg’s compensation know-how and resources, based on more than 20 years of experience in devising partner comp systems with hundreds of firms – large and small, from coast to coast, with partners earning $200,000 to $1 million.
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The most authoritative, comprehensive handbook on the subject
Partner compensation is the Holy Grail of CPA firm practice management. Firms have eternally searched for an income allocation system that is the fairest of all, makes everyone happy, is easy to administer and rewards performance.
From his proprietary consulting handouts to interviews with managing partners from some of nation’s best-managed firms, and including dozens of articles and blogs published on this topic, this monograph presents everything your firm needs to evaluate and design your partner comp system.
Beginning, intermediate and advanced guidance include:
• Partner Comp 101
• How To Design a Partner Comp System
• The 12 Systems Used By All Firms
• Open vs. Closed Systems
• Comp Committee vs. Formula Systems
• The Role of Book of Business
• Differences Between Large And Small Firm Systems
• The Managing Partner’s Compensation
• Trends And Controversies
• Best Practices
MESSAGE FROM THE AUTHOR:
When it comes to partner compensation, there's no "one size fits all" solution. Every firm is unique, thus every partner compensation system must be as well. Compensation is both a science and an art - when it's done properly.
Firms have been searching for the fairest system of all since this business got started. This monograph compiles all our compensation know-how and resources – amassed over more than 20 years of consulting with some of the nation's best-managed firms.
Partner compensation has been my passion for 20 years. I've dreamed of writing this book ever since I started consulting and it's finally a reality. I believe it's the most comprehensive book ever written on partner compensation. I consider this to be the culmination of a life's work.
– Marc Rosenberg, CPA
ABOUT THE AUTHOR
MARC ROSENBERG, CPA
CPA Trendlines commentator Marc Rosenberg is a nationally known consultant, author, speaker on CPA firm management, strategy, and partner issues.
President of his own Chicago-based consulting firm, The Rosenberg Associates, he is founder of the most authoritative annual survey of mid-sized CPA firm performance statistics in the country, The Rosenberg Survey, also available here from the CPA Trendlines Store. He has consulted with more than 700 firms throughout a consulting career spanning more than 20 years.
Accounting Today magazine annually acknowledges Marc Rosenberg as one of the 100 most influential people in the CPA profession and INSIDE Public Accounting has repeatedly recognized him as one of the ten most recommended CPA firm consultants in the country.
Click here to see him on CPA Trendlines.