Insights : Innecto Reward Consulting

Category: Responsible Reward

Build Back Better: the future role of DEI, employee wellbeing and reward strategy in evolving company culture

Gender Pay Reporting | Covid-19 | Responsible Reward | Diversity | Ethnicity Pay Reporting

People are expecting their leaders to steer their organisations in a way that is more impactful on both the world around us and communities we serve, as well as treating employees in a more socially responsible manner. So how can you use the fallout of Covid to build back better?

Posted by Justine Woolf on
25 February 2021

Responsible Reward – It’s Time to be Brave

Equal Pay | Responsible Reward | Ethnicity Pay Reporting

Any steps taken towards pay equity and responsible reward are in the right direction but if we want to harness the current acceleration of change then we need to be brave enough to speak out and be visible in the changes and the steps our organisations are taking. Cathryn Edmondson looks at how you can clarify your starting point and next steps.

Posted by Cathryn Edmondson on
11 February 2021

What are the essential elements of a responsible reward strategy for both executives and employees?

Reward Strategy | Responsible Reward

As we lead into 2021, you should consider a renewed focus on your reward strategy – looking with a fresh lens at how you make sure your reward is better aligned to the needs of your employees, your business and the wider society you operate in.

Posted by Justine Woolf on
28 January 2021

ESG metrics in executive pay: creating long term sustainable value for all stakeholders

Executive Pay | Executive Compensation | Exec pay | Responsible Reward | ESG

Before Covid-19, many organisations looked to the UN Sustainability Goals to provide them with an environmental and societal purpose, but the pandemic has thrown up new challenges, as well as opportunities to make a difference. Sarah Lardner reviews how ESG can be used to best effect within the executive package.

Posted by Sarah Lardner on
11 November 2020

Responsible reward: why does it matter and how does it interlink with employee wellbeing?

Wellbeing | Responsible Reward

ESG isn’t just something that matters to investors; it impacts all of us. With younger generations appearing to have higher expectations for corporate and social responsibility, it is more important than ever that ESG is considered when crafting your employee wellbeing strategy.

Posted by Justine Woolf on
18 September 2020

How responsible reward practices are shaping performance and incentive strategies

Performance Management | Reward Strategy | Performance | Responsible Reward

Changes in the design of incentive plans, with the inclusion of more diverse measures in the form of ESG metrics can demonstrate a focus on long term sustainability. Justine Woolf looks at how HR can make responsible reward work for their business.

Posted by Justine Woolf on
09 September 2020

What is sustainable reward and how to build a strategy that centers on this idea

Responsible Reward

We never saw it coming but this imposed ‘new normal’ has turned everything on its head and forced us to rethink the fundamentals of our economy and questioned the extent to which we were living and working up to this point is sustainable. Most importantly this tumultuous period has shown us that things can be done differently and this way of living is not only achievable but necessary if we are to have a better functioning society, healthy work life balance and a thriving planet for generations to come.

Posted by Emer Bucukoglu on
04 September 2020

Three ways to utilise your Responsible Reward policies to engage employees

Responsible Reward

We think it is vital to look at reward holistically and take a strategic perspective when you consider Responsible Reward. But before you dive and in write a new set of policies, we would suggest that you stand back and look not just at the different numbers legislation requires us to define, but think about the true application of reward in your organisation as it stands right now. Justine Woolf offers her top three tips.

Posted by Justine Woolf on
29 July 2020

Pay equality: why now is the time to get your house in order

The long-term picture will only become known with the passage of time, however, whilst business may be a little slower and some of our typical processes postponed, the world will keep turning and a return to a feudalist barter system seems a little unlikely, which is why now is a great time to prepare for the future.

Posted by Ben Rowley on
14 July 2020

How to ensure responsible reward practices are implemented globally

Global reward | Responsible Reward

Responsible reward means considering the wider impact of how your organisation does business, and then aligning your reward package to this vision. The aim is to create long-term sustainability by moving beyond purely financial goals and incentivising your business – and your people – to generate a positive impact on society. But how do you translate these hugely strategic global goals into meaningful actions from a reward perspective?

Posted by Justine Woolf on
11 June 2020

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