Insights : Innecto Reward Consulting

Category: Reward Strategy

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

Planning for the Other Side

Senior Reward Consultant Emer Bucukoglu explains why now is the time to take a considered approach to reward, review your current reward strategy and policies and explore smarter, more agile reward solutions.

Posted by Emer Bucukoglu on
09 April 2020

The Pay Trends 2020 white paper is here!

Our white paper has landed! Download via our website to get your essential update on the Reward landscape in 2020 and beyond.

Posted by Karen Thornley on
04 February 2020

Are financial rewards still an effective engagement tool? If not, what else engages employees?

Employee engagement | Total reward | Reward Strategy | Reward

When it comes to keeping employees interested and productive, financial rewards are one piece of the jigsaw – and a critical piece – but this piece alone does not pull together the whole puzzle of the engagement conundrum. This insightful blog explores engagement and sheds light on the other options available to employers that can really make a difference to their people and achieve results.

Posted by Alastair Cole on
28 October 2019

5 ways to measure how inclusive your reward strategy is

Equal Pay | Gender Pay | BAME reporting | Reward Strategy

The notion of inclusivity has never been more prevalent in the workforce. In our third year of gender pay reporting, with ethnicity reporting legislation on the horizon, and the need to show that, as an employer, you are inclusive and do not discriminate employees has never been more important. But how do we truly measure how inclusive our reward strategy is?

Posted by Mark Macoun on
10 September 2019

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

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

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

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

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

The targeted approach to strategy

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

The Pay Trends 2019 white paper is here!

Download our white paper to get your essential update for the year ahead.

Posted by Karen Thornley on
19 February 2019

Using reward to enhance company culture

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

Insights