Just Reward - our latest article featured in HRD

Pay & Reward

In the latest edition of HRD, Justine Woolf sheds light on the imperative for 2024: addressing the challenges that have long lingered in the 'too-hard' box. With our days consumed by endless tasks, strategic thinking often takes a back seat. But as time becomes an ever more precious commodity, waiting for change to find us isn't an option.

Meet The Team - Sarah Lardner

Meet The Team

In the first of our Meet The Team series, we find out more about our Director of Business Innovation and Senior Principal Consultant, Sarah Lardner, including her favourite moments at Innecto, what a typical day looks like, and how she got started in her career in Reward.

Employee Appreciation Day - Importance of a thank you

Employee communications | Employee Experience

Recognition is one of those areas of reward that we all think is quite easy to do. Put in place a formal company scheme, give it a cheesy name and Bob’s your uncle – we have recognition! The reality is that while formal schemes do work, and I have seen them work very well, my experience is that formal company recognition schemes are the icing on the cake. Outside of pay and bonus awards, it’s at the individual and team level where the greatest impact of non-financial recognition can be made on a daily basis.

Getting the fundamentals of workplace culture right

From fair pay through to clear career paths and inclusive benefits to meet employee expectations

Smaller Pay Rises This Year? The Path Forward for Pay Review 2024

Pay Review | Advance

Pay reviews can be difficult to manage. In the past, pay pots have enabled people leaders and finance directors the ability to allocate awards effectively, given the cost of living and labour market conditions and address any anomalies. However, this year presents new challenges as pay awards are likely to be more modest, with average pay settlements expected to be around 4%, down from over 6% in the past two years, as predicted by Innecto and confirmed by The Chartered Institute of Personnel and Development (CIPD) recent report.

Understanding your Gender Pay data and turning this into actionable intelligence

Gender Pay | Gender Pay Gap | Gender Pay Reporting

There has been little progress* (4%) made in narrowing the gender pay gap since mandated by the Gender Pay Gap Regulations in 2017. The average pay gap of employers assessed remains stubbornly at 14.3% (ONS).

8 Practical Tips to address Gender Pay Reporting

Gender Pay | Gender Pay Gap | Gender Pay Reporting

Uncover the essential 'Do's and Don'ts' for Gender Pay Reporting.

Our Quarterly Insights are here - Pay Trends edition!

Quarterly Insights

This quarterly report draws together the latest insights on pay and reward across a range of sources. It outlines current analysis and future forecasts based on available data to support employers. There is also a particular focus this quarter on post-pandemic pay based on hybrid operating models.

Seven Key Pay and Reward Trends in 2024

Reward | Pay

Navigate the complex landscape of pay reviews in 2024 and beyond with Innecto's expertise.

Four Essential Steps to Address Pay Gaps and Equality

Gender Pay | Gender Pay Gap | Gender Pay Reporting

Unveiling the Gender Pay Gap: A Deep Dive into the UK's Ranking and Strategies for Accelerating Change.

Women in the workplace – policies needed to unlock gender equality

Gender Pay | Gender Pay Gap | Gender Pay Reporting | Women in leadership | Thought Leadership

Seven years have now passed since gender pay gap reporting was first made mandatory in the UK and nobody could deny that issues of gender distribution in business remain the same: in simple terms, there are more men at the top and more women at the bottom.

It’s not all business! Our Pick of the Best Podcasts from 2023

Reward | Podcasts