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Category: Pay Review

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Top five things to consider when planning for pay review

Pay Review

Planning for pay review can be tricky at the best of times but with the current market volatility, it is particularly challenging for this upcoming cycle. Cathryn Edmonson offers her five top tips for planning your pay review.

Posted by Cathryn Edmondson on
07 October 2021

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Ways to use LTIPs and alternative incentives to immediate pay rises

Bonus | LTIP | Pay Review

With many organisations deferring, reducing, or cancelling planned pay reviews this year, some employees may be left wondering how their employer will show them that they continued to be valued. Justine Woolf suggests alternative ways organisations can show appreciation to their employees when bonuses and pay rises aren't viable.

Posted by Justine Woolf on
15 October 2020

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Give your pay bands a bit of TLC

Pay & Reward | Pay framework | Pay Structure | Pay Review

When was the last time you took a closer look at your pay bands? Pay bands can be viewed as the engine that drives pay decisions, but all too often they only get an annual MOT at pay review - perhaps it is time to look under the bonnet and give pay bands a bit more TLC. 

Posted by Judith Moore on
02 October 2020

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Coronavirus: innovative ways employers can adjust pay and contracts to save jobs

Pay Transparency | Bonus | Reward Intelligence | Pay & Reward | Commission | Flexible working | Sales Bonus | Skills based pay | Reward Strategy | Pay Review | Financial Wellbeing | Covid-19

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

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Planning for the Other Side

HR Reward | Reward Consultancy | Bonus | Performance Related Pay | Pay & Reward | Communications | Salary survey | Recognition | Reward Strategy | Pay benchmarking | Pay Review | Covid-19

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

Read moreEmer Bucukoglu

How to have a pain-free Pay Review

HR Reward | Reward Consultancy | Employee communications | Pay Review

If you're about to embark on your Annual Pay Review, first read Cathryn Edmondson's blog on how to make this year's process simpler, smoother and better.

Posted by Cathryn Edmondson on
25 February 2020

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Get ahead of Pay Review in 2020

HR Reward | Reward Consultancy | Bonus | Performance Related Pay | Pay & Reward | Performance Management | Pay trends | Pay Review

Happy New Year! Kickstart 2020 with Justine Woolf's handy guide to Pay Review, Performance Review and Bonus Review.

Posted by Justine Woolf on
07 January 2020

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Pay audits: the importance of carrying out an audit following a business change

Pay Fairness | Pay Structure | Pay Review

Whenever there is significant change in an organisation, mentalities of your employees can quickly change. Pay can also become a serious bone of contention that can cause ripples across the board, affecting productivity, morale and profit. Mark Macoun explores the reasons behind why pay audits at times like this are not just important, but vital in order to drive success rather than discontent.

Posted by Mark Macoun on
14 October 2019

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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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