How to Operate a Compensation Committee
TESTIMONIALS
“I consider Marc Rosenberg’s publications my go-to source for practice management information. They are always well researched and practical in their application.”
Gregory W. Hammonds, CPA
Whaley, Hammonds Tomasello
Atlanta, GA
BULK DISCOUNTS
Subtotal | Discount |
---|---|
$500 | 20% off |
$975 | 30% off |
$1,400 | 40% off |
$2,500 | 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
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