Reviewing or designing Bonus and Incentive schemes
27 September 2023
Mastering the art of Bonus and Incentive scheme design: A checklist for HR professionals and managers to drive company success.
Flexible working: can the genie go back in the bottle?
Justine Woolf | 21 September 2023
Embracing the new normal: The value of flexible work and the challenge of pay structures in a post-pandemic world.
Pay Review: what’s your strategic approach in Q4?
Justine Woolf | 15 September 2023
Pay Review time has arrived again which may feel like a continuous process: an uphill treadmill of pressure, budget crunching and scenario re-modelling.
Equal Pay: Don't get stumped by pay equity
Sarah Lardner | 01 September 2023
Pay equity refers to the fair compensation and benefits individuals receive for performing similar work or work of equal value, regardless of gender, race, ethnicity, or other personal characteristics. This principle is essential for promoting fairness in the workplace, creating a level playing field in terms of remuneration, and preventing discrimination and bias that may result in unequal pay for comparable work.
Choose the right data for pay benchmarking
Sarah Lardner | 25 August 2023
Selecting the right pay data to benchmark jobs in your organisation can be challenging at the best of times, not helped by the variety of options available out there, which many are being positioned as ‘real-time’ data.
Pay Review - risks in processes and how to mitigate
Sarah Lardner | 18 August 2023
Sarah Lardner explains how a recent client streamlined their pay review process by eliminating spreadsheets, reducing the risk of error, reducing resource hours, engaging line managers and enabling far better reporting with Advance.
REBA: Reward & Compensation - What are the longer-term implications of high inflation on reward strategies?
Sarah Lardner | 11 August 2023
Reward Strategy | Reward | High Inflation
The ongoing disputes around pay this year have led to months of strikes across the public sector and have been a significant barometer in a tempestuous year. The impact of the cost-of-living crisis has been catastrophic for many workers in terms of their spending power. Organisations across every sector have come under pressure to respond as employees seek higher salaries in a competitive recruitment market.
Are you getting pay 'right’?
Mark Macoun | 04 August 2023
This might be a question that keeps you up at night and with the thought of the pay review process looming, you may be tempted to put off answering this question. By putting a plan in place before the start of September and getting ahead of the game, you’ll be in the best position to create a pay strategy and policy that ensures fairness and competitiveness. Not sure where to start? Your first step should be starting a pay benchmarking project.
The changing world of Tech for HR - Part 3: The Metaverse
Sarah Lardner | 27 July 2023
In our previous blog posts, we explored the ever-changing landscape of technology and its impact on various industries. This time, we delve deeper into the fascinating world of the Metaverse, which has become a topic of interest for HR professionals and C-suite executives alike. Gartner has revealed that more than half of HR leaders were exploring how they can use generative AI.
Pay Transparency Spectrum – the way forward
Justine Woolf | 21 July 2023
The trend towards Pay Transparency does seem to be gaining traction, partly because of landmark legislative events and partly due to a new generation of workers demanding greater openness and fairness.
How to evaluate your EVP and make your business stand out
Deborah Osarogiuwa | 14 July 2023
The UK economy continues to see low levels of unemployment post-pandemic coupled with high levels of job vacancy. This tightness in a crowded labour market is putting pressure on companies to stand out.
Salary education - How to ensure your employees understand the real value of their compensation package
Simon Cook | 07 July 2023
There is no question that persistently high inflation in recent times has put a squeeze on workers’ pockets and ramped up the pressure on employers to keep pace with pay awards. Recent industrial action, for example by teachers, nurses and rail workers, have only served to highlight the increased focus of employees, and the need for greater pay transparency moving forward. While employers grapple with determining their appropriate pay levels, educating workers about the true value of their compensation package has never been more important, and yet this education is often overlooked. Here are four key areas employers can look at to boost salary education across the workforce.