Tailored Valuations for Complex Workforce Structures
Not all valuation firms are equipped to handle the challenges of Long Service Payment (LSP) valuations for large companies with substantial and diverse workforces. At Valtech, we understand that scale brings complexity, especially when it comes to employee benefit schemes.
Large organizations often employ individuals across various job categories—from administrative and management staff in corporate offices to front-line personnel in retail or facilities management roles. Many also engage contract staff under unique employment terms, such as gratuity-based compensation or tailored vesting arrangements.
These diverse employment structures create a layered landscape of benefits and obligations. For example, different subsidiaries may operate with varying employee benefit schemes and turnover patterns. Salary growth rates often differ by job function or department. Moreover, large companies typically require more granular reporting for management accounting, cost control, and HR analytics.
Valtech’s Tailored LSP Valuation Programme
Our Proven Capabilities Include:
- Handling special conditions such as:
- Voluntary contributions with customized vesting schemes
- ORSO arrangements
- Gratuity-based compensation structures
- Contract staff integration
- Combined evaluation of LSP, Severance Payment (SP), and gratuities
- Review and analysis of clients’ existing valuation models to identify causes of variances from actual outcomes