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The non-partner track

While achieving partnership with an accounting firm is considered a mark of prestige and a key to higher earnings, at Wilke & Associates, no one is interested in becoming a partner.

Instead of a partnership track, Wilke & Associates has adopted a structure of compensation that rewards accountants strictly on the basis of hours worked, individual seniority and the firm's overall profitability.

Its eight full-time and six part-time employees receive no paid vacation or sick days. Instead, they are paid for each hour they work, which creates an incentive to put in extra time during tax season, when their number of weekly hours may increase by 50 percent or more. During slow periods, ...

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