PST2220. Top 5 Partner Compensation Mistakes – and How to Fix Them

To submit a question or participate in polling, click the link above. Is partner compensation causing tension at your firm? Do you wish partners were held more accountable? Want them to make choices with the firm’s best interests in mind, as opposed to just what’s best for their personal bottom line? It might be time to update your CPA firm compensation system to drive performance and reduce current or potential conflict. In this session, we’ll cover five mistakes we see in practice and modern updates you can make to use your compensation system to improve your bottom line.

Learning Objectives:

• Determine five top partner compensation mistakes and outdated practices that keep firms fighting about what’s not fair in their income allocation.
• Analyze partner compensation systems that can positively impact partner performance, and cascade to your high-potential professionals.
• Identify modern updates you can make to use your compensation system to improve your bottom line