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Innecto Reward Consulting - Twenty years of insight
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20 years in Reward: how the landscape has changed since 2002

Reward Consultancy | Pay & Reward | Reward Strategy | Reward

On Innecto’s 20-year anniversary, Director of Consulting Justine Woolf reflects how the landscape of pay and reward has changed since 2002.

Posted by Justine Woolf on
12 September 2022

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Three essential areas to address around pay gaps and equality

Equal Pay | Equal Pay Audits | Pay Structure | Pay benchmarking | Job evaluation | Pay Review

Instances of unequal pay can manifest all too easily, but they can also be guarded against by putting checks and balances in place and maintaining those with regular auditing. My three main areas to focus on when considering pay gaps and inequality are pay structures, annual pay review and pay policy.

Posted by Emer Bucukoglu on
02 September 2022

Read moreEmer Bucukoglu

How to use non-monetary forms of reward as an alternative to bonuses

Pay & Reward | Benefits audit | Benefits intelligence | Employee engagement | Reward Strategy | Reward | Flexible Benefits

Inadequate total compensation can be a contributing factor to people leaving their jobs and sometimes there is no magic wand that non-monetary reward can wave. Having said that, it can significantly enhance any company’s offering, allow you to express your culture and demonstrate how you would like to treat your employees. Here are some key ways to work non-monetary reward into your overall package.

Posted by Spencer Hughes on
26 August 2022

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How to address the Great Resignation through employee benefits

Employee engagement | Engagement | Reward | Wellbeing | Flexible Benefits | Remote Working

Coming out of the pandemic, data on the Great Resignation around employee discontent and ultimately turnover is very mixed. Some organisations looked after their employees during Covid, kept them connected, allowed them to work remotely and showed concern for their wellbeing.

Posted by Lisa Trewhitt on
18 August 2022

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How to reverse the broadening of gender pay gaps caused by the pandemic and narrow them further

Gender Pay | Gender Pay Gap | Gender Pay Reporting

According to the Office for National Statistics’ own data, the Gender Pay Gap (GPG) stood at 27.5% in 1997 and much has been done to redress the imbalance. In 2016 the ONS figure had fallen to 18.1%. A year later it was down to 17.4% and in 2000 – going into the pandemic – it stood at 14.9%. In 2021 the figure had risen slightly to 15.4%. Why?

Posted by Mark Quigley on
12 August 2022

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Diversity in the workplace: why it matters and how you can improve

Gender Pay | Diversity

Since the inception of gender pay gap reporting we’ve seen an increased focus across the board on equality in a whole breadth of areas. Mirroring an entire society will not be possible in every workplace but more than ever it has become important to be open to the idea. If a company is not offering the chance to people from every background to work within their organisation, then why not?

Posted by Sarah Lardner on
05 August 2022

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How are employees’ environmental and social values changing and what does this mean for your engagement strategy?

Employee engagement | Responsible Reward | ESG

Over the past few years, we have seen an acceptance that the global business ecosystem is no longer sustainable if we carry on consuming at the current rate. This broad realisation has forced many businesses to look at how they’re running and make some fundamental changes to the way they incentivise their people.

Posted by Justine Woolf on
28 July 2022

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Drive and support workplace inclusivity with reward and recognition

Reward Consultancy | Total reward | Recognition | Reward | Responsible Reward

For a company to get reward and recognition right in a way that fosters workplace inclusivity, its policies and practices need to encompass everybody regardless of age, background, gender or ethnicity. Everyone should be treated the same, with no bias. It’s a very broad piece to address.

Posted by Sarah Lardner on
22 July 2022

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How to provide adjustments without breaking existing pay structures

Pay & Reward | Pay Structure | Pay Review | Reward | Pay Data | Cost of Living

Linkedin is an extremely powerful tool for engagement but it is creating new headaches for employers already struggling in a tricky market.

Posted by Emer Bucukoglu on
14 July 2022

Read moreEmer Bucukoglu

How to mitigate pay pressure, especially in hard to recruit sectors

Pay Fairness | Pay & Reward | Pay Progression | Pay Review | Pay Data

The current cost of living crisis is bringing with it a whole new wave of pay pressure for employers, but traditionally pay pressure can arise when you have an urgent need for hot skills.

Posted by Lisa Trewhitt on
07 July 2022

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Pay without Borders – Aligning salary with talent

Pay framework | 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

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GUEST BLOG: 5 ways to support the mental health of bereaved employees

Wellbeing | Mental Health

Employees suffering from grief need to be managed with care and sensitivity. Having a bereavement framework in place is a big step forward.

Posted by Gemma Bullivant on
23 June 2022

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