In a nutshell, Lovoro is aiming to be the future standard of job termination programs in the US,
Lovoro is managing the severance payout similarly to the unemployment payment. we help the employee from the point of lay off to starting the new job.
in our model we can offer the employees with salary protection in advance for the unemployment period while saving capital to employers compare to current severance packages
In other words, Lovoro parachute is a post-termination program with a "one in all" app that assists employees strategically and financially during their job hunt period. 
The program offers 50% of salary up to 6 months of unemployment for laid-off employees, instead of a non-mandatory, unspecified severance payout.
One of the first things we did is to add an insurance pack to protect the program. With the insurance pack, employers can get layoff insurance and protect up to 25% of layoffs per year, enabling them to safely use our program, protect the company and protect ...
In a nutshell, Lovoro is aiming to be the future standard of job termination programs in the US,
Lovoro is managing the severance payout similarly to the unemployment payment. we help the employee from the point of lay off to starting the new job.
in our model we can offer the employees with salary protection in advance for the unemployment period while saving capital to employers compare to current severance packages
In other words, Lovoro parachute is a post-termination program with a "one in all" app that assists employees strategically and financially during their job hunt period. 
The program offers 50% of salary up to 6 months of unemployment for laid-off employees, instead of a non-mandatory, unspecified severance payout.
One of the first things we did is to add an insurance pack to protect the program. With the insurance pack, employers can get layoff insurance and protect up to 25% of layoffs per year, enabling them to safely use our program, protect the company and protect the employees.
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Idan Alon
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Idan Alon CEO A driven entrepreneur, problem solver, creative, jack of all trades, human catalyst, calm, analytical thinker