“The Bovino Gainsharing system has consistently exceeded my expectations in real performance improvement” Click here to read more “Our employees are earning 15 to 25 percent Gainsharing pay each month, based on real performance improvement” Click here to read more “The Bovino Gainsharing model has been implemented in four of our plants. We will implement it in all future acquisitions.” Click here to read more “Without the huge employee productivity and material usage improvements from the Bovino Consulting Group’s Gainsharing Plan we would not be surviving the 2009 recession.” Click here to read more “Vince Bovino delivered a powerful and easy to understand Gainsharing Executive Workshop. I guarantee you will not fall asleep.” Click here to read more “For years we have been measuring too many things and some wrong things. The Bovino Gainsharing model forced us to measure and reward the right things…” Click here to read more “The Gainsharing process by Bovino Consulting changed our employees’ behavior…we couldn’t do it ourselves.” Click here to read more “Your guidance and dedication has been invaluable…I can assure you that we will again be turning to you for assistance.” Click here to read more “The first year of our Gainsharing Plan has gone very well. Total saving have been $3,272,675…” Click here to read more “The consultant (with Bovino Consulting Group) who did all the statistical and analytical work to develop and validate the pay model is second to none….he is super accurate and very fast...” Click here to read more “We have interviewed other Gainsharing consulting firms and none, yes no one, come close to the knowledge, drive and passion seen in Bovino Consulting.” Click here to read more

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Bovino Consulting Group
1250 Ironwood Drive - Suite 334 | Coeur d'Alene, ID 83814
Phone: (208) 765-3344 - Fax: (208) 664-6237
bcg@bovino-consulting.com
THE HUMAN POTENTIAL UNLEASHED … 15% to 40% improvements in employee productivity
Client after client, plan after plan, industry after industry, (with very rare exception) reveals that the Key Performance Indicator (KPI) with the largest dollar improvement to stockholders and employees is EMPLOYEE PRODUCTIVITY.  The improvements are significant and emerge rapidly.

Employee productivity improvements, classically measured by output per person hour of all employees in the organization, speaks to the unrealized, untapped upside potential in all organizations.  It also speaks to the power of financially motivating employees to achieve new levels of excellence.  Although we frequently see 15% to 40% improvements in employee productivity, in recent months (2009) we have seen sustained employee productivity improvements, in a few clients, skyrocket to 60%. 

PRODUCT QUALITY … 20% to 60% improvements
In some organizations the importance of product quality reigns supreme as the dominant performance factor.  In the manufacturing sector  your customers’ product quality requirements are forever, and rapidly, increasing.  It is common for organizations to dramatically improve their product quality when it becomes a Key Performance Indicator that is measured, communicated and rewarded.
 
The Product Quality measure and reward is typically customer specific.  Improvements during the first year frequently range between 20% and 60%.  Some organizations have achieved a 90% improvement over a 6 - 7 year window.

GAINSHARING PAY EXPERIENCES
A well-designed incentive pay (Gainsharing pay) system begins to change the way employees think and perform when they can reasonably achieve a 6% to 7% incentive pay for good levels of improvement.  It is very common for our clients’ employees to earn Gainsharing pay in the range of 7% to 20% (of base pay). 

The most significant level of Gainsharing pay earned by any Bovino Consulting Group client occurred in mid 2008 with a 500 employee organization.  Employees earned a 44% incentive pay for superlative levels of performance for a sustained three-month period.  Their phenomenal performance and Gainsharing pay was a great “win” for employees and stockholders.