Category: Pay benchmarking
National Living Wage: how is the push towards a ‘genuine’ living wage changing the shape of pay?
Simon Cook | 11 April 2025
Job Evaluation Software | National Living Wage | Pay benchmarking | Job evaluation
The UK's ‘National Minimum Wage’ was introduced in 1999 to protect the lowest paid and has since been expanded to cover over 2 million workers, ensuring they receive a fair rate of pay for their labour.
How Emerald Publishing adopted an “informed, fair and consistent approach to pay”
Spencer Hughes | 07 March 2025
HR software | HR Technology | Pay benchmarking | Pay
To enable a robust and effective Pay Benchmarking process, Emerald Publishing worked with our consultants and adopted our pay benchmarking tool, PayLab.
Brightmine & Innecto: How will this exciting new partnership benefit clients?
Justine Woolf | 06 March 2025
HR Reward | Reward Consultancy | Pay & Reward | Pay benchmarking | Reward | Partnerships
This week heralds the start of an exciting new partnership in Pay and Reward between Brightmine (formerly XpertHR) and Innecto Reward Consulting.
Brace Yourselves: Reward Storm Incoming
Cathryn Edmondson | 28 February 2025
Pay & Reward | Pay Structure | Pay benchmarking | Reward | Employee Benefits
In even the most optimistic assessment of the current situation, it is hard to foresee a situation where a substantial portion of workers are not left underwhelmed by their pay offers in 2025.
Gender Pay: Top tips for reducing pay gaps in 2025
Justine Woolf | 14 February 2025
Pay & Reward | Pay benchmarking | Pay
Every organisation is different and brings its own challenges and nuances when it comes to its Pay Gap.
The future of Pay benchmarking – is real-time data worth using?
Mark Macoun | 08 November 2024
Pay & Reward | Pay benchmarking | Pay
Paying workers at a level that is seen to be fair and competitive is vital for any company or organisation wanting to succeed. It is a key cornerstone to attracting and retaining strong talent.
Pay Benchmarking: Best Practices and Strategies
Amin Uddin | 01 November 2024
In the modern business world organisations are striving to attract and retain top talent with competitive, fair and transparent compensation practices. One crucial building block in this is Pay Benchmarking, which provides insights and comparisons into industry standards and norms, and helps organisations make informed decisions.
Choose the right data for pay benchmarking
Sarah Lardner | 25 August 2023
Selecting the right pay data to benchmark jobs in your organisation can be challenging at the best of times, not helped by the variety of options available out there, which many are being positioned as ‘real-time’ data.
Are you getting pay 'right’?
Mark Macoun | 04 August 2023
This might be a question that keeps you up at night and with the thought of the pay review process looming, you may be tempted to put off answering this question. By putting a plan in place before the start of September and getting ahead of the game, you’ll be in the best position to create a pay strategy and policy that ensures fairness and competitiveness. Not sure where to start? Your first step should be starting a pay benchmarking project.
Three essential areas to address around pay gaps and equality
02 September 2022
Equal Pay | Equal Pay Audits | Pay Structure | Pay benchmarking | Job evaluation | Pay Review
Instances of unequal pay can manifest all too easily, but they can also be guarded against by putting checks and balances in place and maintaining those with regular auditing. My three main areas to focus on when considering pay gaps and inequality are pay structures, annual pay review and pay policy.
Pay Data: The right version of the truth?
24 November 2021
Salary survey | Pay benchmarking | Pay Data
As we move cautiously out of the pandemic, ‘getting pay data right’ has never been more important. But how can you make sure you are selecting the right pay data, and how do you interpret what the data is telling you? Lisa Trewhitt offers her four main recommendations.
What Does Good Pay Benchmarking Look Like?
26 May 2021
Most organisations conduct benchmarking to attract and retain employees, which is done by understanding the market rate of roles within the organisation. But how can you ensure your next Pay Benchmarking project is a success? Mark Macoun offers some key best practice considerations.
