Do managers get commission for generating new business?

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CohnReznick, nope you just get fucked because you now have one more client to worry about.

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Depends on the firm. Some do and some are even a % of the recurring audit fees each year. Big 4 it's just part of building your case to be partner

KPMG1: really? Isn't that the point of our performance bonuses? I can't imagine there's enough margin to be giving people specific percentages of fees in this business.

For smaller regional and local firms they brought it up as a differentiating factor between them and big 4.

Their rates per hour are lower and probably don't go up every year so they can afford it

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