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Category: Bonus

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How to use bonuses to greatest effect and motivate your people

Bonus | Performance Related Pay | Employee engagement | Performance

Current research shows that 59% of employees rated job enjoyment as a top three motivator, but, interestingly, only 13% - a surprisingly low number – of employees said that they are motivated by a bonus. In the case where money is almost seemingly no object though, then what can an employer do to ensure their staff are motivated enough? And can the traditional bonus still be used in different ways to ensure higher performance and happier employees? Spencer Hughes explores.  

Posted by Spencer Hughes on
30 September 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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Gender Pay 2019 - hard facts, harder figures

HR Reward | Pay Transparency | Reward Consultancy | Bonus | Pay Fairness | Gender Pay | Gender Pay Gap | Gender Pay Reporting | Analytics

As the dust settles on the latest batch of Gender Pay submissions, James Bigus digs into the results. His findings are surprising - and not in a good way.

Posted by James Bigus on
16 April 2019

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5 steps to motivating the middle with sales bonus

HR Reward | Reward Consultancy | Bonus | Motivation | Analytics | Commission | Sales Bonus

Are you getting enough value from your sales bonus scheme? Does it focus too much on top performers and ignore Malcolm in the Middle? Director of Consulting Deborah Rees-Frost has 5 steps for getting your sales bonus working harder.

Posted by Deborah Rees-Frost on
20 November 2018

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CEO Pay Ratios: your essential update

Boardroom | Corporate Governance | Executive Compensation | HR Reward | Pay Transparency | Reward Consultancy | Bonus | Pay Fairness | Gender Pay Reporting

In her first blog post for Innecto, Senior Analyst Asha Charles provides everything you need to know about upcoming CEO pay ratio legislation, and what it means for UK business at large.

Posted by Asha Charles on
11 September 2018

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An essential guide to managing executive pay and bonuses

Boardroom | Corporate Governance | Executive Compensation | Financial Reporting Council | HR Reward | Remcom | Reward Consultancy | Bonus | Long Term Incentives | Performance Related Pay

If you’re newly responsible for executive pay, you'll have to consider guiding principles, base pay, variable pay, and termination. It’s a tricky balancing act but luckily help is at hand: here’s Deborah Rees-Frost's essential guide to exec pay and bonuses.

Posted by Deborah Rees-Frost on
14 August 2018

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Audio blog - Team Transition

HR Reward | Reward Consultancy | Bonus | Motivation | Pay & Reward | Communications | Organisational Design | Performance | Productivity | Reward

Join Deborah Rees-Frost in conversation with Tom Marsden, CEO of performance management tech firm Saberr for an insightful discussion into switching to team-based performance management and reward.

Posted by Deborah Rees-Frost on
03 July 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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Now that’s what I call blogs! 2017’s greatest hits

CEO Pay Ratios | HR Reward | Remcom | Reward Consultancy | Bonus | Remcom Mentor | Gender Pay | Gender Pay Gap | Gender Pay Reporting | Good data | Total reward | Recognition | Pay benchmarking

A blog roundup today - our most popular blogs from 2017. Well worth a re-read of your favourites, or a chance to catch up on any you've missed.

Posted by Ella Rees on
30 January 2018

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5 ways to start your Reward year right – Part II

HR Reward | Reward Consultancy | Bonus | Gender Pay Gap | Pay & Reward | Performance Management | New Year | Pay Review | Performance | Reward

This week, it's Part II of our plan to kickstart your Reward Year - we're covering the familiar headache of Pay Review, Performance Review and Bonus Review.

Posted by Deborah Rees-Frost on
09 January 2018

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Truth or Dare: Top 5 Exec Pay Myths

Corporate Governance | Executive Pay | Executive Compensation | Financial Reporting Council | HR Reward | Pay Transparency | Remcom | Reward Consultancy | Bonus | Performance Related Pay | Motivation | Pay & Reward | Exec pay | Executive

Executive pay has been in the news even more than usual lately - but there's a lot of misinformation out there. Deborah Rees-Frost sets the record straight on the 5 most commonly-heard 'truths'.

Posted by Deborah Rees-Frost on
05 December 2017

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A League of Their Own: Interpreting Gender Pay Results

HR Reward | Pay Transparency | Reward Consultancy | Bonus | Pay Fairness | Gender Pay | Gender Pay Gap | Gender Pay Reporting | Pay & Reward | Good data | Analytics | Reward Strategy | Reward

Another week, another dearth of gender pay reports. If your company has yet to report because it's concerned that the figures compare unfavourably with competitors, read Sarah Lardner's blog on common reporting pitfalls and how to avoid them.

Posted by Sarah Lardner on
28 November 2017

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