Exploring Simpay's Long Term Incentive Plans
Discover how Simpay's Long Term Incentive Plans are designed to reward your dedication and fuel your career growth.
Understanding Simpay's Value Sharing Plan
At Simpay, we love to celebrate and reward the hard work, dedication, and long-term commitment of our amazing team. Our Simpay Value Sharing Plan, which you might remember as the LTIP (Long Term Incentive Program), is all about making sure that as Simpay grows and shines, you do too.
The VSP is a performance-based program that appreciates your contributions and loyalty. It connects your personal achievements with the company's success, so as we flourish, your rewards do too. This plan isn't just a bonus—it's a thoughtful way to help you build lasting financial rewards.
Eligibility and Benefits of the Long-Term Incentive Plans
Our Long-Term Incentive Plan is open to both our current team members and those who will join us in the future. The VSP is designed to include a wide range of participants. By joining these plans, you can enjoy some fantastic benefits.
You'll have the chance to grow financially with substantial long-term rewards, enjoy career stability by staying with us for the long haul, and develop an ownership mindset. By being part of these plans, you're not just helping Simpay succeed—you're also taking steps to secure your financial future.
Tracking Your Progress and Maximizing Rewards
To help you keep track of your progress and make the most of your rewards, Simpay offers a bunch of handy tools and resources. You'll have access to a resource portal where you can easily check on your Long-Term Incentive Units (LTI Units) and other plan details. Plus, we'll send you regular updates to keep you in the loop about your status and how you're doing with your Plan goals.
We'd love for you to join in on discussions and attend our company-wide sessions that dive deeper into the Plan. These sessions are a great way to see how your hard work fits into Simpay’s long-term vision, making sure you're on the right track to getting the most out of your rewards.
If you have any questions about the Simpay VSP, contact your HR Team
