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Category: Performance Related Pay

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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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Public vs. Private sector reward: Who’s better off?

HR Reward | Pay Transparency | Reward Consultancy | Performance Related Pay | Employee communications | Culture

There's always debate over the differences between public and private sector pay and who fares better. In this blog, Justine Woolf discusses this disparity and how organisations can align pay and reward to bring employees together within a coherent, overarching framework.

Posted by Justine Woolf on
05 March 2019

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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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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

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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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Audio blog – Gender Pay Year 2

HR Reward | Pay Transparency | Reward Consultancy | Performance Related Pay | Equal Pay | Gender Pay | Gender Pay Gap | Gender Pay Reporting | Pay & Reward | Analytics | Women in leadership

Join Deborah as she interviews HR Directors at England & Wales Cricket Board and Equifax about their experiences of the Gender Pay Gap Reporting process.

Posted by Deborah Rees-Frost on
22 May 2018

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Baby steps to solving the Gender Pay Gap

HR Reward | Reward Consultancy | Performance Related Pay | Pay Fairness | Gender Pay | Gender Pay Gap | Gender Pay Reporting | Pay & Reward | Women in leadership | Pay Progression | Recognition | Reward

How to close the Gender Pay Gap? It's a complex question, but Innecto's James Bigus has one suggestion - make your workplace family-friendly and encourage parents to 'share the load' on childcare.

Posted by James Bigus on
15 May 2018

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3 ways to manage National Living Wage increases

HR Reward | Reward Consultancy | Performance Related Pay | Reward Intelligence | Benefits intelligence | Analytics | National Living Wage | Low Pay | Pay Progression | Pay benchmarking | Reward

With the NLW on target to reach nearly £9 an hour by 2020, it’s vital to work out how you’ll absorb such a large hike in your wage bill over the next two years. Here’s 3 ways to manage the increase and make your pay pot go further.

Posted by Alastair Cole on
23 April 2018

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Iceland: the future of gender pay?

HR Reward | Reward Consultancy | Performance Related Pay | Pay Fairness | Equal Pay | Gender Pay | Gender Pay Gap | Gender Pay Reporting | Pay & Reward | Measuring pay | HR Ethics | Performance | Reward

With the 2018 deadline fast approaching, many companies are now asking: Where next for gender pay? Innecto's Justine Woolf looks across the North Atlantic for an innovative solution.

Posted by Justine Woolf on
23 January 2018

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How HR can fix the UK's productivity problem

HR Reward | Reward Consultancy | Performance Related Pay | Reward Intelligence | Analytics | Performance Management | HR software | HR Technology | Recognition | Reward Strategy | Performance | Productivity | Reward

The UK struggles with productivity compared to the rest of the G7. In this week's blog, Sarah Lardner explains why HR needs to be leading the fightback - and how to go about it.

Posted by Sarah Lardner on
16 January 2018

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The New World: How to Link Evolution in Performance Management to Pay Decisions

HR Reward | Reward Consultancy | Performance Related Pay | Reward Intelligence | Pay & Reward | Measuring pay | Employee engagement | Employee communications | Engagement | Analytics | Gen Y | Performance Management | Pay Progression

This week, Deborah Rees-Frost looks at addressing changes in Performance Management approaches and how they can cause problems in rewarding Talent. How can we retain the best from the new world of open discussion between employee and manager and yet develop a workable link to pay decisions?

Posted by Deborah Rees-Frost on
12 December 2017

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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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