Pay & Recognition
We recognize the value of outstanding individual and team achievement to the success of the Company as a whole. Our programs are designed to reward individual, team and company-wide performance. Our reward systems are performance based and include recognition awards, merit based salary increases, incentive and bonus opportunities.
PERFORMANCE-BASED SALARY INCREASES
Pay for Performance:
The LORD goal setting, monitoring, and evaluation process links your individual performance goals with corporate business goals, so you always know how what you are doing matters. Your annual salary increases are aligned with your performance outcomes.
INCENTIVES
Company Performance:
At LORD, we are all working to the same corporate business objectives. Performance measures for the annual incentive program are the same across the globe.
Individual and Team Performance:
We recognize the value of outstanding individual and team achievement. Bonuses are awarded to employees for significant individual or team contributions to the company.
MARKET COMPETITIVE BASE PAY
Competitive Pay:
LORD regularly conducts competitive pay reviews utilizing top survey providers to ensure our talent maintains a strong competitive pay package.
RECOGNITION
Donald M. Alstadt Technical Innovation Award:
The Donald M. Alstadt Technical Innovation Award was established to recognize innovative technological achievements that have led to successful commercialization of projects within the last five to eight years. Award criteria is based on technological innovation as well as the impact on the business (sales dollars, profit margin, cost savings, etc.). Technologists are recognized for their exceptional leadership and critical contributions in converting know-how and technology into shareholder value.
President's Circle Award:
The President’s Circle Award was established to recognize sales professionals around the world for their exceptional achievements and critical contributions in achieving major commercial success and converting potential sales opportunities to measureable stakeholder value. Recipients have demonstrated to customers that LORD teams are approachable, innovative, responsive, valuable and agile.
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Working in LORD Corporation's Sales and Marketing organization has been a wonderful career choice for me. LORD Corporation solutions provide...
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I chose LORD because of the people and the team environment. LORD people pursue excellence together without the internal competition that can be common...
The people I work with are easy to get along with and always lend a helping hand. LORD is very focused on safety. Safety is not just a focus...
LORD is an established company with friendly people, competitive pay with opportunites for advancement and concerned about a safe work environment...
LORD provides excellent leadership training to employees and encourages employees to take leadership roles at all levels...
When I was researching and pursuing a career move, LORD was my company of choice. I targeted a company with a stable environment, that produced very....
At LORD, we all have the opportunity to work with capable, cooperative and creative people from around the globe who are focused on common...
It fosters an environment of diverse thoughts and creativity reflected in the innovative products produced throughout the marketplace...