Government guidance on ethnicity pay reporting: Innecto analysis
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
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
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?
Women in the workplace – the policies, procedures and perception shifts needed to unlock gender equality in the work place
Gender Pay | Gender Pay Gap | Gender Pay Reporting | Women in leadership | Thought Leadership
Six 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.
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
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
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.
Myth-busters 2023: Tackling common misconceptions in pay and reward
Bonus | Gender Pay Gap | Gender Pay Reporting | Flexible working | Salary survey | Recognition | Pension | Remote Working | Thought Leadership
We asked our consultants and analysts to raise some common misconceptions and explain where they think misunderstandings may lie.
Posted by Sarah LardnerJustine WoolfSarah NashSpencer HughesCathryn Edmondson on
03 February 2023
