Insights : Innecto Reward Consulting

Category: Pay & Reward

The pros and cons of increasing pay flexibility: is this the end for the weekly/monthly payroll?

Many companies are allowing a flexible approach towards payroll so employees can avoid the spiralling debt associated with payday loans. But is this a good idea in practice? Senior Consultant James Bigus takes a look at the pros and cons.

Posted by James Bigus on
19 November 2019

If budgets are squeezed how do you get the most from your pay budget? Part 3 of 3

Pay & Reward | Total reward | Reward

Sitting side by side with this question is how do you get the most out of your employees, when their pay increases are minimal or non-existent and a bonus may be out of the question? In the final part of our three-part series, we look at how the culture of your business plays a role in getting the most of your pay budget when budgets are squeezed.

Posted by Gemma Bullivant on
13 August 2019

If budgets are squeezed how do you get the most from your pay budget? Part 1 of 3

Other elements of the total reward package come into starker focus when pay budgets are tight, and across this three-part insights series we will look at how employers can leverage bonus, benefits and culture to make the most of their pay budgets, with part one focusing on creative peer-to-peer and crowdsourced bonus solutions.

Posted by James Bigus on
30 July 2019

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

Making a merit-based pay model work for your business

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

The targeted approach to strategy

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

Pay Trends 2019 survey – the results are in!

Innecto surveyed approximately 150 HR and Reward professionals in Bristol, Birmingham and London about their most pressing challenges in 2019. Here are the results - do they stack up with what you're seeing at your organisation?

Posted by Deborah Rees-Frost on
05 February 2019

5 key questions to maximise value from benefits – Part 2

This week we're rounding off our 2-part series on benefits by answering the final 3 key questions - What is valued by your employees? How does it compare to market? And finally: how are you communicating this to your employees?

Posted by Mark Macoun on
29 January 2019

5 key questions to maximise value from benefits – Part 1

How to ensure your company is feeling the benefit of your benefits? You need to be asking 5 key questions, says Innecto's Senior Reward Analyst Mark Macoun.

Posted by Mark Macoun on
22 January 2019

Audio blog - Team Transition

Join Deborah Rees-Frost in conversation with Tom Marsden, CEO of performance management tech firm Saberr for an insightful discussion into switching to team-based performance management and reward.

Posted by Deborah Rees-Frost on
03 July 2018

World Cup: Gender Pay Edition 2

We're down to the business end of our gender pay take on the World Cup 2018. As the finalists battle it out, who will triumph in the ultimate test of workplace equality? There's only one way to find out...

Posted by James Bigus on
26 June 2018

World Cup: Gender Pay Edition 1

Footballing prowess is all very well, but how do the World Cup nations fare when it comes to gender pay? Grab that wall chart and get ready for thrills and spills with James Bigus's guide to the first half of the 2018 tournament.

Posted by James Bigus on
19 June 2018

Insights