the 9 essential elements for a successful partner comp plan.
by robert j. lees and august j. aquila
creating the effective partnership
every compensation plan should be constructed to help the firm achieve its strategic goals, including servicing its clients and attracting and retaining the right people. read more →
the u.s. tax, accounting and bookkeeping industries are turning out to be one of the brightest spots in the nation’s economy, adding jobs faster than all but a handful of sectors, according to 卡塔尔世界杯常规比赛时间 sources.
here 卡塔尔世界杯常规比赛时间 reports on:
how to create a fair and effective comp plan that unites partners and pushes the firm forward.
by robert j. lees and august j. aquila
creating the effective partnership
the right partner performance bonus plan encourages and rewards partners for achieving firm, team and individual goals, enabling the partners to see a clear cause-and-effect relationship between what they do, what it means to the firm and how they get rewarded.
unfortunately, in too many firms, partners can’t see these linkages. the compensation system is a failure.
consider, for a moment, these six questions for your firm: read more →
卡塔尔世界杯常规比赛时间 finds tight cost controls, slow wage increases and an influx of women workers.
by rick telberg
卡塔尔世界杯常规比赛时间
lifted by a steadily recovering economy and aggressive retooling, the nation’s cpa firms are adding staff at a 2.3% annualized rate, the strongest advance in a year, according to a new 卡塔尔世界杯常规比赛时间 study. but hours are unpredictable, wage growth is stalled and firms are trading higher-paid professionals for cheaper labor.
the study goes on to report new data, trends and analysis regarding:
– the total cpa firm workforce
– leverage ratios
– productivity efforts
– cost controls
– wages and hours
– women in the workforce
how to become and remain competitive in the marketplace.
by robert j. lees and august j. aquila
creating the effective partnership
the challenge in designing the right system for the firm’s context is ensuring it motivates the partners to deliver the initiatives the firm needs to be successful.
if compensation is supposed to motivate and reward productive behavior and outcomes, and discourage non-productive behavior and outcomes, then you must ask yourself, “how well are we doing?”
we don’t claim that our recommended system is perfect since we know that the perfect compensation system does not exist. we do feel, though, that it encompasses the critical elements needed for leaders to better engage and reward partners.
we believe that if a firm wants to maximize its performance and keep its partners motivated and engaged, then it needs to design a compensation plan, which includes the following elements: read more →