Author(s):  Ashish Nanda, Lauren Prusiner
Product Number:  HLS 10-24
Publication Date:  April 27, 2010
Length:  7 pgs
Cost per Copy:  $10.00

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Abstract
The note discusses the considerations that determine the design and execution of compensation systems in professional service firms (PSFs) and the interrelationship between compensation and other human resources management systems in PSFs.

Learning Objectives
This background note encourages students to examine and discuss compensation systems and their relationship to HR management systems in professional services firms.

Subjects Covered
Compensation
Incentives
Leadership
Managing professionals
Organizational design
Partnerships

Setting
Geographic: United States
Industry: Professional Services
Event Year Begin: 2010