SFP 81: How to transform a partner compensation model

Transforming: Tales of Business Evolution · Apr 19, 2023 · 24m

Incentivize the behaviors you want. That was the theory behind GRF CPAs & Advisors' decision to change its partner compensation model several years ago. Firm leaders knew that if they wanted their partners to operate as a cohesive team, they needed to stop paying partners in ways that drove individualistic behaviors.

More than five years later, GRF President and Managing Partner Jackie Cardello, CPA says that while the process was a lot of work, the results "absolutely" have been well worth it.

What did GRF change and how have the firm's fortunes improved? Find out from Cardello and GFR…