Proponents of the EVAè advocate its use as a tool for planning variable compensation plans. The objective of this work is to verify how the EVAè-linked variable compensation plan was developed in a company and to compare it with the theoretical model. The study is a descriptive one, which makes use of the strategy of single case study. The data were collected through a questionnaire with open questions, and submitted to comparative analysis with the theoretical model. The respondent was the person responsible for the financial management in a large industrial company, located in the State of São Paulo. The responses indicate that the variable compensation plan linked to the EVAè developed by the company analyzed does not share the principal characteristics of the theoretical model.