Insights : Innecto Reward Consulting

Data is king: social mobility proposals and class pay gap reporting could be on the horizon. Are you ready?

A new report is calling for specific legislation to tackle class discrimination in the workplace and this would make it compulsory for employers to report class pay gaps. But what does and could this really mean for employers in the real world?

Posted by James Bigus on
17 September 2019

5 ways to measure how inclusive your reward strategy is

Equal Pay | Gender Pay | BAME reporting | Reward Strategy

The notion of inclusivity has never been more prevalent in the workforce. In our third year of gender pay reporting, with ethnicity reporting legislation on the horizon, and the need to show that, as an employer, you are inclusive and do not discriminate employees has never been more important. But how do we truly measure how inclusive our reward strategy is?

Posted by Mark Macoun on
10 September 2019

7 days of podcasts to help you keep your ear to the ground

Engagement | Disruptive HR | Culture | Wellbeing

In an increasingly noisy world where we all seem to be getting busier by the minute, it’s often hard to know who is worth really listening to. Justine and the team at Innecto have compiled a list of some of our favourite and most inspirational podcasts that will help to keep you ahead of the game.

Posted by Justine Woolf on
03 September 2019

How letting your employees choose their limits can help you reach new heights

Benefits intelligence | Annual Leave | Flexible working | Culture | Flexible Benefits

In an increasingly flexible and dynamic working world, employees’ expectations are changing and freedom as a concept seems to be becoming a familiar buzz word in the industry. It’s become even almost old fashioned for employers to take on the role of a strict parent where dictating things like set working hours or locations to their staff are the norm – but what about when it comes to something like annual leave? And what happens when companies do something very on trend, such as offering their employees an unlimited holiday allocation?

Posted by Ben Rowley on
27 August 2019

Employee Experience: Maintaining Peak Performance in the Modern Workforce

Performance Management | Performance | Employee Experience

As we focus on maintaining peak performance in the modern world, it is important to remember that lens we are looking through is that of employee experience. How do we enhance our day to day work experiences, using the insights we can generate often through data, to help us get better return on investment and boost our experience at work?

Posted by Justine Woolf on
20 August 2019

If budgets are squeezed how do you get the most from your pay budget? Part 3 of 3

Pay & Reward | Total reward | Reward

Sitting side by side with this question is how do you get the most out of your employees, when their pay increases are minimal or non-existent and a bonus may be out of the question? In the final part of our three-part series, we look at how the culture of your business plays a role in getting the most of your pay budget when budgets are squeezed.

Posted by Gemma Bullivant on
13 August 2019

If budgets are squeezed how do you get the most from your pay budget? Part 2 of 3

Benefits audit | Benefits intelligence | Flexible Benefits

Following on from the first part of this three-part series, which focused on creative bonus schemes, in part two we look at how flexible benefits can be used effectively to get more from a restricted pay budget.

Posted by Sarah Nash on
06 August 2019

If budgets are squeezed how do you get the most from your pay budget? Part 1 of 3

Other elements of the total reward package come into starker focus when pay budgets are tight, and across this three-part insights series we will look at how employers can leverage bonus, benefits and culture to make the most of their pay budgets, with part one focusing on creative peer-to-peer and crowdsourced bonus solutions.

Posted by James Bigus on
30 July 2019

How to join your financial wellbeing strategy with the rest of your wellbeing programme

Wellbeing | Financial Wellbeing

The growing need for employers to provide support to colleagues in relation to managing their finances is not going to go away any time soon. Justine Woolf discusses how employers can maximise the impact of a Financial Wellbeing offering by linking it to the overall Wellbeing programme.

Posted by Justine Woolf on
23 July 2019

BAME reporting: are you ready?

BAME reporting

The latest analysis on ethnicity pay gaps in Britain has been released by the ONS and shows significant gaps remain even when education and occupation are considered, particularly for those born outside the UK. With legislation surrounding Ethnicity Pay reporting, also known as BAME (Black, Asian and Minority Ethnic) reporting on the horizon, Sarah Nash looks at what this could mean for businesses.

Posted by Sarah Nash on
16 July 2019

How to give your incentives an MOT

When did you last do a health check of your incentive schemes? Far from contributing to the success of the organisation, your incentive scheme may have quite the opposite effect. Here, James Bigus looks at three factors to bear in mind when designing a new incentive scheme, or when reviewing an existing one.

Posted by James Bigus on
09 July 2019

Clever ways to reduce the ‘gender pension gap’

Gender Pay | Gender Pay Gap | Gender Pay Reporting | Pension | Gender Pension Gap

According to a 2018 study, by the time a woman is aged 65 - 69, her average pension is roughly a fifth of that of a man her age. Sarah Nash explores the ways employers can address the Gender Pension Gap to reduce the impact on women in the workforce.

Posted by Sarah Nash on
02 July 2019

Insights