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Category: Pay Transparency

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Pay Transparency: Benefits and Challenges

Pay Transparency

Is there anything more frustrating than finding a great role that offers a ‘Competitive salary’? What does that phrase even mean? Competitive for the town, the market, or the current employees? For people with a certain skillset? The wording immediately puts us on edge, arouses suspicion that candidates may be treated differently, and is a perfect example of non-transparency.

Posted by Sarah Nash on
20 June 2024

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How to streamline pay review and take away the pain

Pay Transparency | Pay Review | Pay

Pay review for most businesses takes place annually, usually effective at the beginning of a new financial year. When employees receive a letter or email confirming a pay change, it is a notable ‘event’ in any company’s year, and one which many people both look forward to and rely upon.

Posted by Holly Coe on
29 May 2024

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Pay Benchmarking: Best Practices and Strategies

Pay Transparency

In today’s competitive business landscape, organisations are striving to attract and retain top talent while ensuring fair and competitive compensation practices. In the interests of balancing the books and maintaining a strong foothold in the market, one crucial piece in this tricky jigsaw is pay benchmarking. This invaluable process provides insight into industry standards and helps organisations of all sizes make informed decisions regarding compensation.

Posted by Lisanne Winter on
02 May 2024

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Going beyond the headlines - what can we do to improve our pay gaps?

Pay Transparency | Pay Fairness | Gender Pay | Gender Pay Gap | Gender Pay Reporting | Pay

It’s been 7 years since the Government introduced annual Gender Pay Gap reporting regulations for companies with 250+ employees, and whilst the national median pay gap has narrowed since then, progress has been somewhat subdued with an overall decrease of just 4%. But why is this the case?

Posted by Genni King on
05 April 2024

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Greater Pay Transparency is coming – How to ensure you have an equitable and gender-inclusive approach to pay and bonuses

Pay Transparency | Pay Fairness

Reflecting on Equal Pay Day, the urgency for Pay Transparency is underscored as companies grapple with the complexities and concerns surrounding openness in salary structures.

Posted by Simon Cook on
30 November 2023

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Pay Transparency Spectrum – the way forward

Pay Transparency

The trend towards Pay Transparency does seem to be gaining traction, partly because of landmark legislative events and partly due to a new generation of workers demanding greater openness and fairness.

Posted by Justine Woolf on
21 July 2023

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Our Quarterly Insights are here - Pay Transparency Special Edition

Pay Transparency | Quarterly Insights

This quarterly report draws together the latest insights on pay and reward across a range of sources. It outlines the current analysis and future forecasts based on available data to support employers.

Posted by Simon Cook on
16 May 2023

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Pay Transparency – how far will you go?

Pay Transparency

I have been supporting clients with implementing new approaches to pay for many years, and I have noticed a consistent desire to achieve pay transparency. However, I have also noticed that transparency means different things to different organisations.

Posted by Sarah Lardner on
24 March 2022

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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

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Pay equality: why now is the time to get your house in order

Corporate Governance | Pay Transparency | Pay Fairness | Equal Pay | Exec pay | Covid-19 | Responsible Reward

The long-term picture will only become known with the passage of time, however, whilst business may be a little slower and some of our typical processes postponed, the world will keep turning and a return to a feudalist barter system seems a little unlikely, which is why now is a great time to prepare for the future.

Posted by Ben Rowley on
14 July 2020

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Paying for performance in the not-for-profit sector: Part 2

HR Reward | Pay Transparency | Bonus | Performance Related Pay | Reward Intelligence | Employee communications | Pay trends | Recognition

This week Justine Woolf presents Part 2 of her How-To on performance-based pay in the not-for-profit sector. She looks at how to decide if it's right for your organisation and if so, how to make it a success.

Posted by Justine Woolf on
12 May 2020

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Spring Webinar Series: Building Trust Through Transparency

Pay Transparency | Pay Fairness | Pay & Reward

Watch the recording of our first Spring Webinar, which sees Justine Woolf and Valerie Hughes-D'aeth discuss how organisations can rebuild trust around pay, both through the current COVID-19 crisis and beyond.

Posted by Justine Woolf on
05 May 2020

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