How to Operate a Compensation Committee
TESTIMONIALS
“Learn, Grow, Lead Leadership Development Program allows newer "non-management" staff to feel like they have some skin in the game.”
Jared Feyer, MAcc
Senior Accountant
Hungerford Nichols CPAs and Advisors
BULK DISCOUNTS
| Subtotal | Discount |
|---|---|
| $625 | 20% off |
| $1,150 | 30% off |
| $1,600 | 40% off |
| $2,850 | 50% off |
Increasingly, CPA firms are realizing that the old compensation formulas no longer work, that performance “intangibles” need to be recognized, and that their compensation systems need to be performance-based. As a result, more and more firms are adopting compensation committees. This book answers the questions: What are Compensation Committees? How do they work? Why have they become so popular?
Topics include:
- Characteristics of a good system
- Structuring partner compensation
- The link to strategic planning
- Data reviewed by the CC
- Communication is key
- The role of partner evaluations
- The role of the firm’s core values
- Partner goal setting
- Make-up of the committee
- Examples of partner roles
- Performance criteria for partners
- Open vs. closed compensation systems
- Decisions that the CC needs to make
- Compensation Committee Timetable
©2013
NEW! Complimentary PDF Download with Book Purchase
Partner Compensation Committee CliffsNotes is a guide to the three kinds of comp committees, roles, and best practices. It includes the key steps to implementation and sample base and bonus breakdowns. You will receive the PDF download link in your confirmation email.
©2024
Please note our PDF e-books are not printable. Why?
LINK TO DOWNLOAD THE PDF WILL APPEAR IN YOUR CONFIRMATION EMAIL
