Category: PayLab
Pay Equity: Ensuring Fairness and Equity in Compensation
Spencer Hughes | 09 August 2024
Pay Fairness | Equal Pay | Evaluate | PayLab | Pay
Pay equity is the practice of paying equally for work of equal value. But what do we mean by work of equal value? And how can we ensure that we are using the right measure for that? There are two key pillars in ensuring fairness and equity in pay: the reward framework and the implementation and communication of that framework.
The key technology changes to be aware of as we plan Reward Strategy for 2024
Sarah Lardner | 23 November 2023
Evaluate | Job Evaluation Software | HR software | HR Technology | PayLab | Advance | Hapi
HR Tech is evolving to meet the ever-changing needs of modern business. Previously companies acquired an Enterprise solution like Oracle or PeopleSoft to ‘do everything’. Now HR Directors can pick and choose between a range of products on different platforms with an expectation that they can integrate and ‘talk to each other’. It sounds straightforward but the goalposts are constantly shifting so it is important to peel back the layers.
The key technology changes to be aware of as we plan Reward Strategy for 2023
Sarah Lardner | 13 January 2023
Evaluate | Job Evaluation Software | HR software | Reward technology | HR Technology | PayLab | Advance | Hapi
HR Tech is evolving to meet the ever-changing needs of modern business. Previously companies acquired an Enterprise solution like Oracle or PeopleSoft to ‘do everything’. Now HR Directors can pick and choose between a range of products on different platforms with an expectation that they can integrate and ‘talk to each other’. It sounds straightforward but the goalposts are constantly shifting so it is important to peel back the layers.
How to utilise workforce data to inform pay fairness in your reward strategy.
16 June 2022
HR Reward | Pay Fairness | Pay & Reward | PayLab | Advance | Pay Data
Fairness is referenced by many organisations in their pay principles, and whilst none of us set out to pay unfairly, the reality is most reward frameworks are seen as unfair by employees.
The targeted approach to strategy
09 April 2019
HR Reward | Pay Transparency | Reward Consultancy | Pay & Reward | Good data | Employee engagement | Employee communications | Analytics | Communications | HR Technology | PayLab | Recognition | Reward Strategy | Pay Review
Have you started setting targets for this year's reward strategy? For many HRD’s & Reward professionals, it's hard to find time to go above and beyond the day job whilst keeping an eye on long term goals. Justine Woolf explains why awareness and preparation are key to managing the ebb and flow of long or short term strategic planning.
6 steps to maximise value of pay benchmarking
12 February 2019
HR Reward | Pay Transparency | Reward Consultancy | Pay Fairness | Good data | Employee communications | Analytics | Salary survey | HR Technology | PayLab | Pay benchmarking
Getting the facts around your market pay stance is essential, but of course there are costs involved. Innecto's Emer Bucukoglu guides you through 6 steps to make sure you get the best return from your pay benchmarking project.
HR Tech: To Boldly Go
24 October 2017
HR Reward | Reward Consultancy | Motivation | Pay & Reward | Good data | Analytics | Organisational Design | HR software | Reward technology | HR Technology | PayLab | Productivity | Reward
HR and technology aren't two concepts that have traditionally gone together. But that's all about to change. Alastair Cole takes you through how Innecto's digital solutions can make your life easier and save your company time and money.
6 ways to maximise the value of pay benchmarking
HR Reward | Pay Transparency | Reward Consultancy | Pay Fairness | Good data | Employee communications | Analytics | HR software | Salary survey | PayLab | Pay benchmarking
Getting the facts around your market pay stance is essential, but of course there are costs involved. Experienced Reward Consultant Emer Bucukoglu guides you through 6 steps to make sure you get the best return from your pay benchmarking project.
