Insights : Innecto Reward Consulting

Category: Pay Transparency

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

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

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

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

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

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

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

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

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

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

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

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

Coronavirus: innovative ways employers can adjust pay and contracts to save jobs

Many businesses right now are in survival mode, as the spread of the Coronavirus causes economic disruption akin to the 2008 financial crash. So, what are companies doing? Sarah Lardner takes a closer look at the steps business are taking to secure their business for the long term.

Posted by Sarah Lardner on
28 April 2020

Gender pay gap reporting – more than just the numbers…

Mandatory reporting may be cancelled this year, but it's still a good opportunity to evaluate your gender pay position and review what measures are in place to close the gap.

Posted by Alastair Cole on
07 April 2020

Born in the USA: Lessons on CEO Pay Ratios

The UK's first round of reporting CEO pay ratios is on the way - but what lessons should we learn from experiences across the pond? Client Director Judith Moore looks at fairness, narratives, managing stakeholders and the future of disclosing executive pay.

Posted by Judith Moore on
18 February 2020

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