Insights : Innecto Reward Consulting

Category: Equal Pay

Four essential steps to address pay gaps and equality

Equal Pay | Gender Pay | Gender Pay Gap | Gender Pay Reporting

According to a World Economic Forum Gender Gap Report published in July 2022 the UK’s gender pay gap ranking is 22 out of 146 countries, with Iceland, Finland and Norway topping the table with the smallest gaps. At the current rate of change, the report suggests the UK’s gender pay gap will take 132 years to close entirely. A sobering thought.

Posted by Justine Woolf on
27 October 2023

What is the future for gender, ethnicity, and other pay gap reporting?

Equal Pay | Gender Pay | Gender Pay Gap | Gender Pay Reporting | Ethnicity Pay Reporting

Only five years have passed since gender pay gap reporting was first made mandatory in the UK and a lot has gone on since 2017. Before the pandemic, we were only just starting to scratch the surface in terms of drawing patterns and tracing trends, and furlough blew a lot of that data out of the window by opening up short term pay gaps which are only now starting to recede back. The data and data-gathering in this whole area is still very immature and could certainly benefit from more introspection, checks and balances in several key areas.

Posted by Sarah Nash on
07 October 2022

Three essential areas to address around pay gaps and equality

Instances of unequal pay can manifest all too easily, but they can also be guarded against by putting checks and balances in place and maintaining those with regular auditing. My three main areas to focus on when considering pay gaps and inequality are pay structures, annual pay review and pay policy.

Posted by Emer Bucukoglu on
02 September 2022

What does gender pay gap reporting say about your business?

Equal Pay | Equal Pay Audits | Gender Pay | Gender Pay Gap | Gender Pay Reporting

Since the Gender Pay Gap Regulations came into effect in 2017 organisations with more than 250 employees have been reporting their gender pay gap. Increasingly organisations with fewer than 250 employees, and therefore not required to report, have been publishing their gender pay gap as the importance and value of reporting continues to be seen.

Posted by Spencer Hughes on
22 April 2022

Back to School! The nuances of how Teachers are paid

Pay Transparency | Pay Fairness | Equal Pay | Measuring pay

Teachers are a good example of a variable or irregular work pattern, so how can you handle transparency in roles that don’t work your typical nine to five, and how can these roles be fairly and equally compared with the traditional Monday to Friday workforce?

Posted by Sarah Nash on
10 September 2021

How Equal Pay is Integral to your Responsible Reward Strategy

Equal Pay | Responsible Reward

By being confident and proactively communicating their commitment to Equal Pay, organisations can demonstrate their commitment to fair treatment, and reaffirm that the contribution of men and women is valued equally. Alastair Cole shares his thoughts on how Equal Pay can link to different elements of Responsible Reward.

Posted by Alastair Cole on
30 July 2021

Disability reporting – not just a tick box exercise

Equal Pay | Disability Reporting

The need for employers to conduct disability reporting has been brought into sharp focus this week with the publication of an open letter to the Prime Minister calling for mandatory reporting on the number of disabled people in the workforce. However, calling for mandatory reporting isn’t quite as straightforward as is would seem. Justine Woolf reviews some of the potential barriers.

Posted by Justine Woolf on
25 March 2021

Pay Inequality: what could go wrong?

Pay Fairness | Equal Pay | Equal Pay Audits

Most organisations do not deliberately set out to discriminate in terms of pay, but given the c.29,000 claims a year it’s clearly not uncommon. Recent headline-grabbing cases have detailed staggering settlements, but the implications of not establishing pay equity can span much further than this. Cathryn Edmondson discusses.

Posted by Cathryn Edmondson on
18 March 2021

Responsible Reward – It’s Time to be Brave

Equal Pay | Responsible Reward | Ethnicity Pay Reporting

Any steps taken towards pay equity and responsible reward are in the right direction but if we want to harness the current acceleration of change then we need to be brave enough to speak out and be visible in the changes and the steps our organisations are taking. Cathryn Edmondson looks at how you can clarify your starting point and next steps.

Posted by Cathryn Edmondson on
11 February 2021

Why diversity and inclusion should be influencing your reward strategy

Equal Pay | Reward Strategy | Diversity | Ethnicity Pay Reporting

Whilst it is tempting during this period of uncertainty to invest less time in addressing diversity and inclusion initiatives, the consequences of placing them on the back burner are far reaching. Emer Bucukoglu suggests a few pointers to ensure you don't take your eye off the ball.

Posted by Emer Bucukoglu on
17 December 2020

Equal Pay – are we making progress?

Equal Pay | Equal Pay Audits

It is clear Equal Pay remains a large business risk for many employers, and while most organisations have a ‘gut feel’ that they do not operate discriminatory pay practices, it is almost impossible to make a proper assessment without conducting the right pay tests. Emer Bucukoglu takes a look at what an Equal Pay Audit entails.

Posted by Emer Bucukoglu on
23 September 2020

Pay equality: why now is the time to get your house in order

The long-term picture will only become known with the passage of time, however, whilst business may be a little slower and some of our typical processes postponed, the world will keep turning and a return to a feudalist barter system seems a little unlikely, which is why now is a great time to prepare for the future.

Posted by Ben Rowley on
14 July 2020

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