Pay Transparency Series - Part 3: the Path to Pay Equity
Sarah Lardner | 25 July 2024
At a time when pay transparency feels more important than ever, Innecto’s team of consultants is focusing on how building the right frameworks and structures plays a fundamental role in supporting Pay Transparency and Pay Equity. In the first two of our four-part series our Director of Business Innovation and Senior Principal Consultant, Sarah Lardner, outlined the ramifications of the EU Pay Transparency Directive and examined what Pay Transparency means to employers in the UK. Now, we look at the steps companies can take to prepare and transition towards transparency.
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New benefits you may not have heard of - hype or real added value?
Mark Macoun | 25 July 2024
According to Glassdoor, 60% of people regard benefits and perks as a major factor in deciding whether or not to accept a job, and 80% would choose additional benefits over a pay raise. Benefits are now a crucial part of any Employee Value Proposition (EVP), helping to both attract and retain employees. If they are conceived and put together in the right way, they can also play a massive role in job satisfaction, productivity and loyalty.
Read more about New benefits you may not have heard of - hype or real added value?
Employment rights confirmed as a Labour priority in King’s speech
Cathryn Edmondson | 19 July 2024
The hive of activity we’ve seen since the outcome of the general election stepped up a gear this week with the opening of parliament and the King’s speech outlining Labours priorities for the next 12-18 months. The speech included 40 bills, the highest number since 2005 (also under a Labour government) and perhaps reinforces Kier Starmer’s commitment to get things done. Whilst not all bills outlined in the King’s speech may make it into law, it did confirm Labours commitment to improved employment rights and greater equality.
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Part 2 - What does Pay Transparency mean to me as an employer?
Sarah Lardner | 17 July 2024
At a time when pay transparency feels more important than ever, Innecto’s team of consultants is focusing on how building the right frameworks and structures plays a fundamental role in supporting Pay Transparency and Pay Equity. In the first of this four-part series our Director of Business Innovation and Senior Principal Consultant, Sarah Lardner, outlined the ramifications of the EU Pay Transparency Directive [link]. In part 2, we examine what Pay Transparency means to employers in the UK in terms of the structures needed to enable decision-making.
Read more about Part 2 - What does Pay Transparency mean to me as an employer?
