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Category: Pay Review

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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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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Fairness in Pay Part 1 - Job Evaluation: Every little helps

HR Reward | Reward Consultancy | Pay Fairness | Equal Pay | Equal Pay Audits | Pay & Reward | Evaluate | Recognition | Pay Review | Reward

We're starting a 3-part series today on fair pay. Both gender pay and equal pay have been in the news recently and it's important to get ahead of the issues they bring up for discussion. First up, it's Sarah Lardner explaining how job evaluation can help prevent equal pay claims.

Posted by Sarah Lardner on
13 February 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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Pay squeeze - looking through a wider lens

HR Reward | Pay Transparency | Reward Consultancy | Pay Fairness | Reward Intelligence | Pay & Reward | Pay Progression | Reward Strategy | Pay Review | Reward

Although wages appear to be shrinking alongside higher food prices, council tax rises and fuel costs, the numbers we see in the news hide a bigger and more complex picture. In this blog Deborah Rees explores the true figures behind the headlines. Read more...

Posted by Deborah Rees-Frost on
30 May 2017

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Surviving your annual pay review

HR Reward | Reward Consultancy | Pay & Reward | Measuring pay | Analytics | Communications | HR software | HR Technology | Pay Review | Performance | Reward

Around this time of year, thousands of HR departments survive the stress of their annual pay review process. This week we share Client Director, Sarah Lardner's, secrets to a creating a smoother, more effective pay review ...

Posted by Sarah Lardner on
18 April 2017

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The National Living Wage - one year on

HR Reward | Reward Consultancy | Pay Fairness | Reward Intelligence | Pay & Reward | National Living Wage | New Year | Pay Review | Reward

It's one year since the introduction of the National Living Wage, and time for its first increase. Reward Consultant, Alastair Cole, shares Innecto's experience of how successful organsations are coping with the changes ...

Posted by Alastair Cole on
11 April 2017

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