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Pay Strategy

Effective compensation strategies to get your pay pot working harder

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Pay Strategy

At the heart of an organisation's employee experience is an expertly designed pay and reward strategy that integrates all key elements, from base pay to bonuses, benefits, recognition, and performance management. Achieving the right balance in these areas is essential for retaining and motivating top talent. 

Innecto’s independent experts work closely with you to identify your organisation's unique strengths and objectives, leveraging this insight to encourage behaviours that drive long-term success. By providing a comprehensive perspective on reward strategies, we help improve people management and achieve key business objectives.

Market insight is key to ensure you are positioned effectively against your competitors, enabling you to attract and retain the best talent. Our independence is our strength here, supporting you to find the best data using tried and tested methodologies. Taking a long-term view, we partner with you to maximise the impact of your pay and reward investments. We uncover potential cost savings, highlight risks and opportunities, and deliver data-driven insights, analytics, and frameworks to guide evidence-based decision-making and strategic alignment.

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Latest insight

Pay Compression: The Silent Retention Risk Organisations Can’t Ignore

Pay Fairness | Pay

The world of pay and talent is shifting beneath our feet. Skills shortages, hybrid working expectations, transparency regulations, the rising cost of living, and internal equity pressures are combining to reshape the employer–employee relationship....

Holly Coe

Read more about Pay Compression: The Silent Retention Risk Organisations Can’t Ignore

Case Study

Kennedys Law LLP

Kennedys Law LLP is a well established global law firm headquartered in London, with a growing global presence. Founded in 1899, Kennedys combines deep expertise with a wide international footprint, operating from more than 45 offices worldwide and employing approximately 2,900 legal professionals and support staff across multiple jurisdictions....

Read more about Kennedys Law LLP
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