Insights : Innecto Reward Consulting

Category: Pay Progression

The big squeeze: 4 ways to handle low pay increases

The government's low pay increases in recent years have been ambitious and caused budgeting headaches across businesses with a large proportion of low pay employees. With rates set to keep rising, how can you handle these challenges and make them work for your business?

Posted by Gemma Bullivant on
12 November 2019

Making a merit-based pay model work for your business

With newly qualified lawyers preparing to join their new employers shortly, many law firms are in the process of reviewing their pay bands and pay structures. Once again, the discussion surrounding the benefits and drawbacks of the traditional PQE-based pay model have begun, and the merits of alternative pay models, have been reopened.

Posted by James Bigus on
10 June 2019

4 steps to creating the perfect pay structure

HR Reward | Reward Consultancy | Analytics | Pay Progression | Pay Structure

Pay structures are a great method of simplifying reward mechanisms and managing career development and salary progression - but how to design one that reflects your organisation's unique needs? Reward Consultant Ben Rowley takes you through 4 crucial design steps.

Posted by Ben Rowley on
02 April 2019

Paying for skills: the rhetoric, the reality, the need for resurgence

HR Reward | Reward Consultancy | Reward Intelligence | Pay Progression | Skills based pay

We’re delighted to bring you a guest blog from Dr Duncan Brown, Head of HR Consultancy at the Institute for Employment Studies. Duncan discusses the current status of skills-based pay, and its potential for improving UK pay levels and productivity.

Posted by Duncan Brown on
25 September 2018

Baby steps to solving the Gender Pay Gap

How to close the Gender Pay Gap? It's a complex question, but Innecto's James Bigus has one suggestion - make your workplace family-friendly and encourage parents to 'share the load' on childcare.

Posted by James Bigus on
15 May 2018

3 ways to manage National Living Wage increases

With the NLW on target to reach nearly £9 an hour by 2020, it’s vital to work out how you’ll absorb such a large hike in your wage bill over the next two years. Here’s 3 ways to manage the increase and make your pay pot go further.

Posted by Alastair Cole on
23 April 2018

The New World: How to Link Evolution in Performance Management to Pay Decisions

This week, Deborah Rees-Frost looks at addressing changes in Performance Management approaches and how they can cause problems in rewarding Talent. How can we retain the best from the new world of open discussion between employee and manager and yet develop a workable link to pay decisions?

Posted by Deborah Rees-Frost on
12 December 2017

Beyond the Headlines – How to drive Gender Pay Reporting into Year 2

With the Gender Pay reporting deadline fast approaching, it's time to look ahead to next year. Deborah Rees-Frost takes you through how your organisation can identify and address the pay practises underpinning your gender pay gap.

Posted by Deborah Rees-Frost on
14 November 2017

Who's afraid of the big bad bonus gap?

With all the attention on gender pay gap reporting, why are so many companies glossing over their bonus gap? Reward analyst Roy Curnick takes a closer look at the figures.

Posted by Roy Curnick on
17 October 2017

Behind the Headlines: Getting Ahead of the Curve

Without understanding exactly how and why a pay gap exists, it’s impossible to take practical steps to close it. In light of PricewaterhouseCoopers' recently published ethnic minority pay gap figures, Innecto's Sarah Lardner assesses the importance of considering changes to your practices now, to avoid exposing a significant pay gap in a few years’ time.

Posted by Sarah Lardner on
19 September 2017

Another look at steps to shape high impact sales improvement

While talking to clients this week about how to improve sales when teams are feeling pressured and overwhelmed, it reminded me of a blog which continues to be relevant. Read more...

Posted by Deborah Rees-Frost on
08 June 2017

Pay squeeze - looking through a wider lens

Although wages appear to be shrinking alongside higher food prices, council tax rises and fuel costs, the numbers we see in the news hide a bigger and more complex picture. In this blog Deborah Rees explores the true figures behind the headlines. Read more...

Posted by Deborah Rees-Frost on
30 May 2017

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