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Category: Pay Structure

Paying for performance in the not-for-profit sector Part 1

Bonus | Performance Related Pay | Pay & Reward | Pay Structure

Those of you working in the not-for-profit sector will recognise the dilemma of paying for performance and whether it’s something your organisation should do or not. Justine Woolf looks at the concerns around introducing paying for performance that are unique to the not-for-profit sector and how they impact the options available. 

Posted by Justine Woolf on
05 May 2020

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Now that’s what I call blogs! 2019’s greatest hits

Executive Pay | HR Reward | Remcom | Reward Consultancy | Pay Fairness | Gender Pay Gap | Benefits intelligence | Employee engagement | Analytics | Pay trends | BAME reporting | Pay Structure | Pay benchmarking | Flexible Benefits

A blog roundup today - our most popular blogs from 2019. Well worth a re-read of your favourites, or a chance to catch up on any you've missed.

Posted by Ella Rees on
17 December 2019

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The big squeeze: 4 ways to handle low pay increases

HR Reward | Reward Consultancy | Pay framework | National Living Wage | Organisational Design | Low Pay | Pay Progression | Skills based pay | Pay Structure

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

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Pay audits: the importance of carrying out an audit following a business change

Pay Fairness | Pay Structure | Pay Review

Whenever there is significant change in an organisation, mentalities of your employees can quickly change. Pay can also become a serious bone of contention that can cause ripples across the board, affecting productivity, morale and profit. Mark Macoun explores the reasons behind why pay audits at times like this are not just important, but vital in order to drive success rather than discontent.

Posted by Mark Macoun on
14 October 2019

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If budgets are squeezed how do you get the most from your pay budget? Part 1 of 3

Bonus | Pay & Reward | National Living Wage | Pay Structure | Recognition | Reward Strategy

Other elements of the total reward package come into starker focus when pay budgets are tight, and across this three-part insights series we will look at how employers can leverage bonus, benefits and culture to make the most of their pay budgets, with part one focusing on creative peer-to-peer and crowdsourced bonus solutions.

Posted by James Bigus on
30 July 2019

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How to give your incentives an MOT

Long Term Incentives | Performance Related Pay | Pay & Reward | Employee engagement | Sales Bonus | Pay Structure | Pay Review | Productivity

When did you last do a health check of your incentive schemes? Far from contributing to the success of the organisation, your incentive scheme may have quite the opposite effect. Here, James Bigus looks at three factors to bear in mind when designing a new incentive scheme, or when reviewing an existing one.

Posted by James Bigus on
09 July 2019

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Making a merit-based pay model work for your business

Pay Transparency | Performance Related Pay | Pay Fairness | Pay & Reward | Pay trends | Pay framework | Pay Progression | Pay Structure | Reward Strategy | Pay benchmarking | Pay Review | Mosaic

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

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What do ‘fair’ rewards look like within your company culture?

Pay Fairness | Pay Structure | Reward Strategy | Segmented Reward

As more and more companies wake up and recognise that a one size fits all approach to pay just doesn't work, Director of Consulting Justine Woolf discussed segmented reward and how you can adapt your strategy to meet the needs of the diverse populations within your organisation.

Posted by Justine Woolf on
28 May 2019

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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

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Using reward to enhance company culture

HR Reward | Reward Consultancy | Motivation | Employee engagement | Business Ethics | Culture | Total reward | Pay Structure | Recognition | Reward Strategy | Job evaluation

At a time of record levels of job-switching, how do you keep employees on-board? One answer is to focus on something money can’t buy. Here's some ideas on how to reinforce your company culture through good reward policies and practice.

Posted by Roy Curnick on
27 November 2018

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4 steps to creating the perfect pay structure

HR Reward | Pay Transparency | Reward Consultancy | Reward Intelligence | Pay & Reward | Analytics | Communications | Organisational Design | Pay Structure | Reward

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
10 April 2018

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