Insights : Innecto Reward Consulting

Category: Skills based pay

Can skills-based pay work?

Becoming a skills-first organisation means identifying the skills relevant to work and matching people with the required skills to the tasks at hand. The simple answer is that yes it can be done, if it is done correctly: matching employees to those skills and remunerating based on that requires a considered approach.

Posted by Sarah Lardner on
07 June 2024

Coronavirus: innovative ways employers can adjust pay and contracts to save jobs

Many businesses right now are in survival mode, as the spread of the Coronavirus causes economic disruption akin to the 2008 financial crash. So, what are companies doing? Sarah Lardner takes a closer look at the steps business are taking to secure their business for the long term.

Posted by Sarah Lardner on
28 April 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

Paying for skills: the rhetoric, the reality, the need for resurgence

HR Reward | Reward Consultancy | Reward Intelligence | Pay Progression | Skills based pay

We’re delighted to bring you a guest blog from Dr Duncan Brown, Head of HR Consultancy at the Institute for Employment Studies. Duncan discusses the current status of skills-based pay, and its potential for improving UK pay levels and productivity.

Posted by Duncan Brown on
25 September 2018

Insights

Insights

Category: Skills based pay

Can skills-based pay work?

Coronavirus: innovative ways employers can adjust pay and contracts to save jobs

The big squeeze: 4 ways to handle low pay increases

Paying for skills: the rhetoric, the reality, the need for resurgence

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