Lu Traikovich
MBA, CHRL, PLP
Senior Consultant, Total Rewards & HR
Overview
Lu’s expertise spans compensation, benefits, pension administration, payroll, HRMS implementations, organizational design, employee/labour relations, and HR operations. She is well-versed in supporting complex business changes, including mergers, acquisitions, divestitures, integrations, and other organizational/HR transformations. She is committed to driving continuous improvement and operational effectiveness. She has a demonstrated history of building strong partnerships through collaboration, transparent communication, and a people-first mindset—consistently contributing to organizational growth and success. Recent achievements include:
- Reducing benefit costs by $300K, while improving benefits offering for employees across the organization
- Overseeing benefit plan redesign as well as renewal and enrollment activities, ongoing plan administration enhancements, and issue resolution
- Leading a global job architecture and levelling framework execution to support organizational growth, internal equity, and data-driven workforce planning
- Successfully implementing a year-end compensation cycle, including STI, LTI, merit and sales incentive programs from design to communication for over 6,500 employees on a new Workday platform
- Reducing vacation liability by $1.5M by changing vacation policy and improving reporting and communication
- Designing and delivering the first ever Total Rewards Statements to improve pay transparency, awareness of the rewards package, and demonstrate employee value proposition commitments
- Leading system and process improvement initiatives to provide better employee and management experiences, reduce errors by 5%, and improve analytics and KPIs.
- Advising Boards, Executive Leadership Teams, and HR on governance, design, vendor management, leveraging HR technology and analytics, and aligning rewards and operations for growth, compliance, and employee experience.
Resourceful and perceptive, her strong business acumen helps her develop talent and total rewards programs, policies, and processes that foster inclusive, safe, and engaging workplaces where individuals feel valued, empowered, and inspired to contribute their best.
Education & Certifications
- Master of Business Administration (EMBA) Project Management, Athabasca University
- Honours Health Administration & Bachelor of Administrative Studies, York University
- CHRL, Human Resources Professional Association
- PLP (Payroll Manager Designation), Canadian National Payroll Institute
Specializations
- Benefits, Wellbeing & Retirement Programs
- Compensation - Base Pay, STI/LTI
- Executive Compensation
- Pay Equity
- Payroll Process & System Optimization
- Sales Incentive Programs
- Budget & Workforce Planning
- Change Management
- Employee Communication & Engagement
- Mergers, Acquisitions & Integrations
Industry Experience
- Distribution & Logistics
- Gaming
- Health Services
- Media
- Professional Services