Making Partner at Andersen Will be Easier
In a concerted effort to retain talented staff, Andersen Consulting has announced that beginning next September, becoming a parter will become easier than under the current scenario.
For example, managers will be voted directly into the partnership, and an associate partner title will be available to employees who do not want to become a partner and take on the duties associated with the partner level.
Also being changed, according to company sources, is the compensation system to personnel who normally would not qualify for extended benefits and profit-sharing programs.
The changes come, sources say, as a result of the change in the top with new CEO Joe Forehand and Andersen's position in the marketplace.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.