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Category: Reward Strategy

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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 type of reward support do you need?

Reward Consultancy | Reward Intelligence | Reward Strategy | Reward

Whether you are a generalist HR Director with high-level reward expertise in your team, or a specialist reward leader needing to fulfil a huge reward agenda in a short space of time, there are times when you need to boost the reward knowledge in your team to deliver what is needed. Here’s our take on navigating this to ensure you get exactly the right reward resource.

Posted by Gemma Bullivant on
04 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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The targeted approach to strategy

HR Reward | Pay Transparency | Reward Consultancy | Pay & Reward | Good data | Employee engagement | Employee communications | Analytics | Communications | HR Technology | PayLab | Recognition | Reward Strategy | Pay Review

Have you started setting targets for this year's reward strategy? For many HRD’s & Reward professionals, it's hard to find time to go above and beyond the day job whilst keeping an eye on long term goals. Justine Woolf explains why awareness and preparation are key to managing the ebb and flow of long or short term strategic planning.

Posted by Justine Woolf on
09 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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Build a reward strategy with ABC

HR Reward | Reward Consultancy | Reward Intelligence | Pay & Reward | Benefits intelligence | Analytics | Total reward | Reward Strategy | Productivity | Reward

A good reward strategy is crucial for joined-up thinking and ensuring that HR supports the wider needs of the business. Here's how to put one together - it's as easy as ABC...

Posted by Justine Woolf on
08 June 2018

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How to create a high-value bonus scheme

HR Reward | Reward Consultancy | Bonus | Performance Related Pay | Motivation | Pay & Reward | Measuring pay | Employee engagement | Employee communications | Analytics | Communications | Recognition | Reward Strategy | Performance | Reward

Designing and implementing a new bonus scheme is a big commitment - how can you make sure it's working as hard as possible? Sarah Lardner takes you through some key considerations.

Posted by Sarah Lardner on
29 May 2018

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Audio Blog: Building a career in Reward

HR Reward | Reward Consultancy | Motivation | Leadership | Reward Intelligence | Pay & Reward | Networking | Talent | Recognition | Reward Strategy | Performance | Productivity | Reward

We're delighted to share the first in our audio series 'How I got where I am' - interviews with senior Reward professionals on their career stepping stones and practical advice on how to get there.

Posted by Sarah Lardner on
08 May 2018

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How to choose the right HR tech for your business

Reward Consultancy | Reward Intelligence | Pay & Reward | Good data | Benefits audit | Analytics | Reward technology | Reward Strategy | Productivity | Reward

Whatever your HR problem, there’s a piece of software out there that purports to solve it – but how do you sort the wheat from the chaff and choose the right investment for your business? Innecto's Justine Woolf gives you 4 quick factors to consider before you make your selection.

Posted by Justine Woolf on
01 May 2018

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How Simon Sinek's Start With Why can inspire your reward strategy

HR Reward | Reward Consultancy | Leadership | Reward Intelligence | Pay & Reward | Good data | Benefits audit | Benefits intelligence | Organisational Design | Reward Strategy | Reward

In her first blog for Innecto, Client Director Lissa Davis explains why questioning the rationale behind your reward strategy can help you really understand current issues, control the journey and build better reward for your company.

Posted on: 27 March 2018

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Finding GDPR's silver lining

HR Reward | Pay Transparency | Reward Consultancy | Reward Intelligence | Good data | HR Ethics | GDPR | Reward Strategy | Reward

GDPR has meant a lot of extra work landing on HR's desk, and a lot of worry about compliance. But it's not all bad news - Innecto's Jenny Carter explains why taking privacy seriously is actually a fantastic opportunity for business.

Posted by Jenny Carter on
06 March 2018

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