Category: Reward
Addressing burnout and wellbeing through reward
Holly Coe | 18 October 2024
Communications | Recognition | Reward | Hapi
Every company wants to look after their employees while also appealing to their better nature. A competitive salary is important but enduring happiness at work relies on employees feeling valued and respected. It is how we bring the best out of people and it is how we inspire and maintain a willingness to work hard.
Seven Strategies for rewarding High-Potential Employees
Spencer Hughes | 20 September 2024
Employees with high potential are worth fighting to keep and the best way we can do that is by setting out and communicating a reward framework that is able to measure and reward them with both salary and variable pay. Here are my seven key points.
2024 Paris Olympics – The value of a medal and the changing landscape of incentive and recognition
Mark Macoun | 13 September 2024
With Paris 2024 behind us, the postmortems will now begin on the world’s grandest sporting fortnight, including Olympic medal hauls, new-found global recognition and, for some, prize money.
How to ensure your reward strategy enables progression and supports careers
Justine Woolf | 30 August 2024
When setting out to design a reward strategy, many companies will start with their core principles which tend to be fairly generic in nature: ‘We will reward people for the work they do and how well they do it’. ‘We will stay competitive in the market’.
The Value of a Medal - what can we learn from the Olympics?
Genni Fisk | 12 August 2024
Employee engagement | Recognition | Reward
Sunday marked the close of the Paris 2024 Olympics and the shift of everyone’s attention back away from celebrating Team GB’s successes against the medal table. But what people don’t realise is that the Olympics can teach us a lot when it comes to recognising and rewarding employees at work.
Ways to create a fair approach to reward and benefits for parents and non-parents
Andrew Walker | 27 June 2024
Parents are important, but employees without children must not be neglected when implementing rewards and benefits packages
Reward Accessibility - What can we do to make it better?
Holly Coe | 17 May 2024
Nowadays employment benefits are no longer seen as a ‘nice to have’ but as an essential part of the total reward package. Sometimes they can even be the deciding factor in recruiting or retaining talent when compared with competitors. Here are some key points worth considering when looking at making our reward offerings as accessible as possible.
Unlocking Happiness at Work: The Role of Reward and Recognition
Lisanne Winter | 19 March 2024
In today's fast-paced business world, the pursuit of hard targets and productivity can often out-muscle the more intangible, softer benefits to be derived from a happy workplace.
Seven Key Pay and Reward Trends in 2024
Simon Cook | 18 January 2024
Navigate the complex landscape of pay reviews in 2024 and beyond with Innecto's expertise.
It’s not all business! Our Pick of the Best Podcasts from 2023
Justine Woolf | 13 December 2023
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.
Reward and recognition: Are you making the most of your recognition programme? How to make it work harder to boost engagement
Justine Woolf | 17 March 2023
Recognition | Reward Strategy | Reward
In the current climate a sound Recognition Strategy is a really good way to keep employees motivated and engaged. If companies cannot afford ad hoc pay increases – and many cannot – recognition can reward staff in a way that encourages positive behaviours and reflects the company’s culture. But how can you ensure that your Recognition scheme is achieving its potential?
