Are you paying people well enough?
Are your bonuses tied to the right metrics?
Are your incentive programs aligning employees as growth partners?
At LoVasco, we believe high-performing employees deserve highly competitive compensation. We also believe: offering it to them shouldn’t be such a shot in the dark.
There's no doubt that you want to share value with those who help create it, but knowing how to offer it while also positioning the company for growth can feel like a tug of war.
That’s why we help companies build performance-driving pay strategies that turn employees into growth partners.
We believe that an overarching vision and strategy for how you pay employees (and what you want to reward them for) is the backbone of a world-class business.
We’ll help you crystalize a value statement that demonstrates the financial partnership your organization has with its employees.
Rewarding Annual Performance
Including: Profit-Based, KPI, and HyBrid Plans
Rewarding Long-Term Performance
Including: Stock, Phantom Stock, Profit Pool, Performance Units, and Strategic Deferred Compensation
Market pay assessment
Compensation gap analysis
a happier, healthier workforce.
Short- and Long-Term Incentives
Supplemental Executive Benefits
Total Rewards Structure
Alignment with Broader Benefit & Employee Communications
Total Rewards Statement
Videos, Online Portals, and other Tech Driven Resources
With a clear vision, you can make quick decisions that support business growth and consistently motivate your team.
inconsistency for clear pay principles that align with critical metrics.
turnover for retention of key talent who promote top-line growth.
an apathetic workforce for a motivated team that takes ownership in results.
It's an honor to help you offer your best.
Start the conversation.
In an initial complimentary consultation, we'll listen carefully to your goals and gather detailed information about your existing pay plan. If we mutually decide to move forward, we’ll continue the process with a top-to-bottom assessment of your current strategy. Then, we'll present what we uncover along with an action plan that harnesses compensation opportunities.
Finally, we’ll help you implement a competitive pay strategy that attracts and retains top talent and further positions your company as the place for employees to thrive.