Insights : Innecto Reward Consulting

Category: Long Term Incentives

Three considerations when setting employee performance targets, pay and bonuses in a volatile market

How do you balance doing the right thing by your employees in terms of bonus and commission when business performance is not where you expected it to be? This is a hard question to answer and there will not be one approach that works for every business. However, there are questions all businesses can ask themselves to help navigate the challenges with performance targets and variable pay.

Posted by Cathryn Edmondson on
19 August 2020

Keeping morale high with remote recognition

Long Term Incentives | Motivation | Recognition | Covid-19

Simple recognition is often the best. Every time we run focus groups on the subject, the thing people want to most is a simple thank you – they just want to be acknowledged. Whilst we run round like headless chickens, reacting to the latest need this pandemic creates, take a moment to say thank you to those around you – it goes further than you think.

Posted by Justine Woolf on
23 June 2020

Genuine gestures or PR stunt?

Innecto's Justine Woolf explains why headline reports of CEOs taking salary cuts aren't all they appear, and whether football clubs should consider cutting players' pay in line with other staff.

Posted by Justine Woolf on
03 April 2020

How to give your incentives an MOT

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

An essential guide to managing executive pay and bonuses

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

6 steps to making LTIPs work globally

Executive Compensation | HR Reward | Reward Consultancy | Long Term Incentives | Performance Related Pay

How do you decide whether and how to use long term incentives for your global workforce? It's no longer possible just to roll out the Head Office plan to your global operators, so here's Sarah Lardner with 6 key considerations for your global LTI programme.

Posted by Sarah Lardner on
10 July 2018

Attrition: The Silent Killer

Excessive employee turnover costs UK businesses millions of pounds every year - but sometimes the numbers are just the tip of the iceberg. In this week's blog, client director Will Price considers the hidden cost of attrition and how it could be damaging more than your bottom line.

Posted on: 15 August 2017

The mystery of two envelopes

Executive Compensation | HR Reward | Reward Consultancy | Long Term Incentives | Reward Intelligence

LTIPs have become an essential and assumed part of every executive's reward package. But more often than not, they aren't properly understood or delivering value to the business..

Posted by Deborah Rees-Frost on
28 July 2015

Still lacing your trainers? 2015 reward predictions update

We first shared our predictions for pay, reward and HR in 2015, back in January. Now, six months on, we're taking a look back at our forecasts and what has changed during that time...

Posted on: 09 June 2015

Performance bonuses: who truly deserves them?

Following Barclays CEO, Antony Jenkins, taking his recent bonus despite a legacy of problems since joining the bank, Justine Woolf discusses whether this is a fair reflection of good performance and considers the true role of performance-related bonuses in the current climate...

Posted by Justine Woolf on
14 April 2015

Has executive pay got out of hand?

After reports that executive pay has now reached 180 times that of the average employee - is there a case to support such high salaries? Read more ...

Posted by Deborah Rees-Frost on
16 December 2014

Making LTIPs work globally

Executive Compensation | Reward Consultancy | Long Term Incentives | Global LTIPs | Global reward

Designing long term incentives for a UK population can be challenging to get right, but when you are creating an LTIP to work globally there's a huge amount to think about. In this blog Julia Hanna looks at the key questions that you need to consider ...

Posted on: 20 November 2014

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