Category: Pay framework
Pay without Borders – Aligning salary with talent
The global pandemic has made an indelible impression on working practices and policy and everyone’s eyes have been opened to the possibilities of remote working.
Posted by Sarah Lardner on
30 June 2022
Location-based pay frameworks: where do we go from here?
Pay & Reward | Pay framework | Flexible working | Global talent | Pay Structure | Remote Working
Traditionally, many organisations have had regional-based pay frameworks, and home-based workers were more likely to have a national reference point for pay, but what about now, when the pandemic has firmly thrust the idea of home-based working into a reality? Justine Woolf explores the potential future of location-based pay frameworks.
Posted by Justine Woolf on
04 November 2021
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
The big squeeze: 4 ways to handle low pay increases
HR Reward | Reward Consultancy | Pay framework | National Living Wage | Organisational Design | Low Pay | Pay Progression | Skills based pay | Pay Structure
The government's low pay increases in recent years have been ambitious and caused budgeting headaches across businesses with a large proportion of low pay employees. With rates set to keep rising, how can you handle these challenges and make them work for your business?
Posted by Gemma Bullivant on
12 November 2019
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
Solving the pay squeeze puzzle
HR Reward | Reward Consultancy | Performance Related Pay | Pay Fairness | Pay & Reward | Benefits intelligence | Employee engagement | Pay framework | Business Ethics | Organisational Design | Total reward | Reward Strategy | Reward
The pay squeeze problem isn't going away any time soon - and it hits low-paid workers hardest. As an HR leader, what can you do to help your lower-paid employees? Innecto's Reward Consultant Alastair Cole helps you put the pieces together.
Posted by Alastair Cole on
07 November 2017
Three reasons why independent pay benchmarking benefits your business
HR Reward | Reward Consultancy | Pay Fairness | Reward Intelligence | Pay & Reward | Good data | Analytics | Pay framework | Business Ethics | HR software | Pay benchmarking | Job evaluation | Job Descriptions
It’s very easy to get caught up in personalities and performance when benchmarking a role. Benchmarking is not about how well an individual performs. So when you spend every day with your employees, it becomes increasingly difficult to focus purely on a role without letting personality, likability and performance come into play.Here are three key benefits of using an independent reward consultant: Read more here....
Posted by Sarah Nash on
13 June 2017
Deal or no deal?
HR Reward | Reward Consultancy | Bonus | Reward Intelligence | Total Reward | Pay framework
Do you know what you're offering your employees and why? Understanding the purpose of each element of your reward mix, how it's working for you and how it's valued by employees is critical to any successful reward programme. Read Sarah's blog to find out more ...
Posted by Sarah Lardner on
01 April 2014