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Remuneration services

A well-thought-out remuneration structure helps recruit talents and steer your business in the desired direction, while also committing your personnel. LocalTapiola Remuneration Services Ltd provides guidance and concrete means for assessing and planning your remuneration impact. We can assist you to set up a cost-effective remuneration structure. With our services, companies can build a remuneration package that supports their business goals.

Attract and keep the best talents

LocalTapiola Remuneration Services Ltd provides a whole range of remuneration expertise, employing the most seasoned remuneration and personnel fund experts. We can help your company build an attractive and motivating remuneration scheme that will boost commitment.

We plan and deliver employee remuneration solutions for businesses and public administration bodies, and build remuneration schemes and carry out total remuneration impact assessments. We help your company plan, establish and manage personnel funds. As a personnel fund customer, you get access to LocalTapiola’s award-winning asset management services, which accommodate the specificities of investing under personnel funds. In addition, key company persons and your entire personnel can take advantage of LocalTapiola’s wide range of insurance solutions.

Remuneration analysis and planning

Identify the impact of your total remuneration structure

We analyse your total remuneration structure to identify the strengths your company has in terms of remuneration and the areas that need improvement. This analysis covers both financial and non-financial remuneration. As a result of our analysis, we give you a clear proposal how to improve your remuneration impact and how to better allocate the resources used for remuneration.

It’s a good idea to assess the status of your total remuneration structure when:

  • you want an expert opinion about where you currently stand with remuneration.

  • you want to find out which aspects of remuneration work well and have the desired impact.

  • you want to build a clear total remuneration model.

  • you want to communicate clearly on remuneration to your personnel, and make remuneration into a positive stand-out factor.

Planning your bonus schemes

Developing your remuneration schemes will benefit you as the employer and your employees. A well-functioning remuneration scheme can help your company perform better while enabling fair performance-based total earnings for your personnel.

We have the expertise to assist you in planning performance-based and results-based schemes:

  • We help you build profit-sharing and performance reward schemes.

  • We support you with developing your reward schemes.

  • We develop long-term cash-based incentive schemes.

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Solutions for remuneration

Personnel funds

A personnel fund is a cost-efficient way to pay bonuses. It’s also an attractive element in your total remuneration package. Personnel funds are designed for managing the bonuses your company pays, and for profitably investing the assets you accrue.

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Group pension insurance

Employers can flexibly enhance the pension cover of their key persons. Taken out alongside the statutory pension, group pension insurance can be tailored to meet the needs and objectives your company has. This insurance is a cost-efficient and responsible way to commit and reward employees.

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Contact details

Contact us today to discuss how we can help your company develop your overall remuneration package, and how to put your remuneration efforts to the best possible use.

Service providers

The remuneration services and development projects are provided by, and the party responsible for establishing and managing the personnel funds is, LocalTapiola Remuneration Services Ltd. The LocalTapiola funds are managed by Seligson & Co Fund Management Company Plc and LocalTapiola Alternative Investment Funds Ltd. LocalTapiola Asset Management is the asset manager and the transmitter of orders. Pension insurance is provided by LocalTapiola Mutual Life Insurance Company.