Reward Strategy: How to avoid reward structures that can inadvertently encourage overwork and poor working cultures

Reward Strategy

At Innecto, we encourage our clients to really think about who they are as an organisation, and what they are wanting to achieve when we talk about defining culture. Once that has been established, we can begin to question whether the existing reward structures are supporting or impeding those aspirations.

Remote working in the UK vs International - what are the differences and why do they exist?

Remote Working

In the past few years we have seen many international employers come out with clear direction on how to manage pay for remote workers, while in the UK there seems to be a nervousness around changing the status quo. In some ways this comparison is easy to explain but there are factors at play which arguably make the UK situation more complex for employers.

Government guidance on ethnicity pay reporting: Innecto analysis

Ethnicity Pay Reporting

On 17 March 2022 the policy paper Inclusive Britain: Government Response to the Commission on Race and Ethnic Disparities was published, pledging in action number 16 to "address the challenges with ethnicity pay gap reporting to support employers who want to demonstrate and drive greater fairness in the workplace."

Working in partnership with Innecto

One of the questions we ask clients when we start any project is why did you choose to work with us? The resounding answer we get back every time is that Innecto consultants give their clients confidence – confidence that we know what we are talking about, confidence we will get the job done and as importantly, confidence that they will learn & enjoy working with us. With a NPS of over 95%, we are confident we are getting it right!

Educating and negotiating with unions around pay and benchmarking

Unions

When working with trade unions it is almost always useful to take a step back at the outset and ask one key question: when it comes to reward, how can we make sure that everyone is speaking the same language and understanding things from both sides?

5 years of gender pay – What have we learnt? What has changed? How can we progress beyond headline reporting?

Gender Pay | Gender Pay Gap | Gender Pay Reporting

Once every year thousands of companies are required to publish their new gender pay gap figures, and that ‘snapshot’ date has just ticked over for 2023. For most public authority employers, the clock strikes at midnight on 30 March and for everybody else the figures are due five days later at midnight on 4 April.

Debt awareness week: A spotlight on Gambling

Debt Awareness

Much of the HR focus in the past year has been geared towards the cost-of-living crisis and ways in which employers can help workers manage debt and overcome financial challenges. One related area that has received less attention is the financial hardship and stress caused by gambling. As a trustee for BetKnowMore, a charity that addresses gambling-related harm in UK communities, the subject is pertinent and personal to me.

Reward and recognition: Are you making the most of your recognition programme? How to make it work harder to boost engagement

Recognition | Reward Strategy | Reward

In the current climate a sound Recognition Strategy is a really good way to keep employees motivated and engaged. If companies cannot afford ad hoc pay increases – and many cannot – recognition can reward staff in a way that encourages positive behaviours and reflects the company’s culture. But how can you ensure that your Recognition scheme is achieving its potential?

How organisational design can help mitigate staff shortages

Evaluate | Job Evaluation Software | Job evaluation

On 20 February, BBC Online published an article entitled How shrinking teams are pushing workers to the brink. It outlines how staff shortages are leading to workers having to perform multi-faceted roles, take on heavier workloads and complete tasks beyond their job remit.

Managing Pay Review – Five key areas for HR to address

Pay Review | Advance

When it comes to Pay Review, HR can often find themselves losing valuable time in complex manual processes and ultimately without the tools they need to make informed decisions. Here are five common areas of concern where Innecto's Advance tool can almost certainly help.

Recognition – Top 5 considerations for implementing a new scheme

Recognition

In the current climate recognition is a really good way to keep employees motivated and engaged. If companies cannot afford ad hoc pay increases – and many cannot – a sound recognition strategy can reward staff in a way that encourages positive behaviours and reflects the company’s culture. Here are five key considerations when looking to implement a recognition scheme.

Pay in a Recession: How to grow in-built Resilience

Pay Fairness | Pay & Reward | Resilience

Whether the current economic climate is confirmed as a recession or not, there is no question that we are in the middle of a cost-of-living crisis. According to Resolution Foundation, a typical disposable income for a working-age household is on track to fall by 3% this financial year, and by 4% in the year to April 2024, worse than the last financial crisis. The figures vary but the key message is the same: employees are going to feel worse off in real terms.