Insights : Innecto Reward Consulting

Category: National Living Wage

What next for young workers after rise in minimum wage levels?

National Living Wage | Pay Progression | Pay Data

On both a national and company-led level, pay increases must be matched by initiatives to create opportunity and enable progression.

Posted by Simon Cook on
18 May 2023

What does National Living Wage rise mean for HR?

National Living Wage

The National Living Wage (NLW) is set to rise from £8.91 per hour to £9.50 for over-23s from April 1 2022. Naturally, this proposed increase will have an impact on employers as well as employees – so what can you expect to change in April?

Posted by Justine Woolf on
27 October 2021

The Spending Review: the headline details HR leaders need to know

National Living Wage | Planning Ahead | Public Sector

Rishi Sunak delivered the 2020 Spending Review yesterday - here are the key points HR need to know at a glance, with our brief analysis of what this means and the four key impact points you need to prepare for.

Posted by Judith Moore on
26 November 2020

National Minimum Wage changes: your essential update

Asha Charles summarises recent changes to low pay in the UK, including new approaches to NMW enforcement, pay arrangements, and salary sacrifice. A must read ahead of new regulations in April.

Posted by Asha Charles on
10 March 2020

Download our Responsible Reward guide

Our aim in producing this guide is to share knowledge around what responsible reward means today and bring it to life with practical examples which you may want to explore at your organisation.

Posted by Justine Woolf on
11 February 2020

The Pay Trends 2020 white paper is here!

Our white paper has landed! Download via our website to get your essential update on the Reward landscape in 2020 and beyond.

Posted by Karen Thornley on
04 February 2020

The big squeeze: 4 ways to handle low pay increases

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

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

It’s not all about the pounds and pence

HR Reward | Employee engagement | Flexible working | National Living Wage | Low Pay

We're delighted to bring you a guest blog from Josie Pileio FCIPD, International HR Director and Business Coach. Josie explores the topic of high retail employee turnover and why it's worth looking beyond the national minimum wage to understand all the factors at play.

Posted by Joise Pileio FCIPD on
08 May 2019

The Pay Trends 2019 white paper is here!

Download our white paper to get your essential update for the year ahead.

Posted by Karen Thornley on
19 February 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

3 ways to manage National Living Wage increases

With the NLW on target to reach nearly £9 an hour by 2020, it’s vital to work out how you’ll absorb such a large hike in your wage bill over the next two years. Here’s 3 ways to manage the increase and make your pay pot go further.

Posted by Alastair Cole on
23 April 2018

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