Insights : Innecto Reward Consulting

Maximising your pay pot spend

Pay & Reward | Reward Strategy | Pay Review | Advance

Pay review and annual bonus review are notorious for being the busiest and most pressured time for HR teams. Working through the pay review process as well as keeping a company-wide perspective can be a real challenge.

Posted by Sarah Lardner on
26 January 2022

Act now to meet the changing needs of your employees

Pay & Reward | Wellbeing | Mental Health | ESG

Defining a wellbeing strategy is one of those things that people say is a priority, but it does not always happen – indeed, a recent report by Mercer showed 48% of executives rank employee wellbeing as a top workforce concern, yet only 29% of HR leaders had a health and wellbeing strategy.

Posted by Justine Woolf on
21 January 2022

The top three ESG factors influencing reward and benefits strategy

ESG

Environmental, social and governance (ESG) as a concept has grown in prominence over the last few years, particularly as organisations look to demonstrate to internal and external stakeholders that they take responsible practices seriously.

Posted by Justine Woolf on
13 January 2022

The Top Ten Things You Need to Do Now to Remain Competitive

The Great Resignation is impacting organisations across the globe, and as an employer, there are certain things that you need to be doing to remain competitive in the current marketplace. The Innecto team have pulled together their top ten sustainable suggestions that won’t break your internal systems and will support equality and fairness.

Posted by Karen Thornley on
06 January 2022

Our top podcast suggestions to inspire you throughout 2022 and beyond

Planning Ahead

Many of us will be taking the time between Christmas and the New Year to plan and set some resolutions for the year ahead. If you are looking for inspiration - or perhaps some motivation to keep your resolutions going past the first week of January! - the Innecto team have pulled together a list of podcasts to keep you inspired throughout 2022.

Posted by Jess Wort on
23 December 2021

Pay Data: The right version of the truth?

Salary survey | Pay benchmarking | Pay Data

As we move cautiously out of the pandemic, ‘getting pay data right’ has never been more important. But how can you make sure you are selecting the right pay data, and how do you interpret what the data is telling you? Lisa Trewhitt offers her four main recommendations.

Posted by Lisa Trewhitt on
24 November 2021

Location-based pay frameworks: where do we go from here?

Traditionally, many organisations have had regional-based pay frameworks, and home-based workers were more likely to have a national reference point for pay, but what about now, when the pandemic has firmly thrust the idea of home-based working into a reality? Justine Woolf explores the potential future of location-based pay frameworks.

Posted by Justine Woolf on
04 November 2021

What does National Living Wage rise mean for HR?

National Living Wage

The National Living Wage (NLW) is set to rise from £8.91 per hour to £9.50 for over-23s from April 1 2022. Naturally, this proposed increase will have an impact on employers as well as employees – so what can you expect to change in April?

Posted by Justine Woolf on
27 October 2021

Top five things to consider when planning for pay review

Pay Review | Advance

Planning for pay review can be tricky at the best of times but with the current market volatility, it is particularly challenging for this upcoming cycle. Cathryn Edmonson offers her five top tips for planning your pay review.

Posted by Cathryn Edmondson on
07 October 2021

The “Genderation” Game

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

Whether you’re from the generation of Bruce Forsyth, Larry Grayson or Jim Davidson, differences in pay between genders continue to exist and haven’t necessarily improved since the early days of Brucie.

Posted by Sarah Nash on
24 September 2021

Back to School! The nuances of how Teachers are paid

Pay Transparency | Pay Fairness | Equal Pay | Measuring pay

Teachers are a good example of a variable or irregular work pattern, so how can you handle transparency in roles that don’t work your typical nine to five, and how can these roles be fairly and equally compared with the traditional Monday to Friday workforce?

Posted by Sarah Nash on
10 September 2021

Gender Pay Reporting: Should you really be marking your own homework?

Gender Pay | Gender Pay Gap | Gender Pay Reporting

Although the temptation may be to complete your gender pay reporting in-house, Sarah Nash details why, when it comes to regulated activities, it pays to use a consultancy.

Posted by Sarah Nash on
25 August 2021

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