Insights : Innecto Reward Consulting

Category: Gender Pay Reporting

Going beyond the headlines - what can we do to improve our pay gaps?

It’s been 7 years since the Government introduced annual Gender Pay Gap reporting regulations for companies with 250+ employees, and whilst the national median pay gap has narrowed since then, progress has been somewhat subdued with an overall decrease of just 4%. But why is this the case?

Posted by Genni Fisk on
05 April 2024

Understanding your Gender Pay data and turning this into actionable intelligence

Gender Pay | Gender Pay Gap | Gender Pay Reporting

There has been little progress* (4%) made in narrowing the gender pay gap since mandated by the Gender Pay Gap Regulations in 2017. The average pay gap of employers assessed remains stubbornly at 14.3% (ONS).

Posted by Sarah Nash on
06 February 2024

8 Practical Tips to address Gender Pay Reporting

Gender Pay | Gender Pay Gap | Gender Pay Reporting

Uncover the essential 'Do's and Don'ts' for Gender Pay Reporting.

Posted by Justine Woolf on
26 January 2024

Four Essential Steps to Address Pay Gaps and Equality

Gender Pay | Gender Pay Gap | Gender Pay Reporting

Unveiling the Gender Pay Gap: A Deep Dive into the UK's Ranking and Strategies for Accelerating Change.

Posted by Sarah Lardner on
12 January 2024

Women in the workplace – policies needed to unlock gender equality

Gender Pay | Gender Pay Gap | Gender Pay Reporting | Women in leadership | Thought Leadership

Seven years have now passed since gender pay gap reporting was first made mandatory in the UK and nobody could deny that issues of gender distribution in business remain the same: in simple terms, there are more men at the top and more women at the bottom.

Posted by Justine Woolf on
04 January 2024

Practical measures to tackle pay gaps

Gender Pay | Gender Pay Gap | Gender Pay Reporting

Instances of unequal pay can manifest all too easily, but they can also be guarded against by building a greater understanding of the data available, and then auditing and benchmarking, which often requires outside help. Here are some key areas for companies wanting to make genuine strides in this area.

Posted by Justine Woolf on
03 November 2023

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

5 years of gender pay – What have we learnt? What has changed? How can we progress beyond headline reporting?

Gender Pay | Gender Pay Gap | Gender Pay Reporting

Once every year thousands of companies are required to publish their new gender pay gap figures, and that ‘snapshot’ date has just ticked over for 2023. For most public authority employers, the clock strikes at midnight on 30 March and for everybody else the figures are due five days later at midnight on 4 April.

Posted by Sarah Nash on
31 March 2023

Myth-busters 2023: Tackling common misconceptions in pay and reward

We asked our consultants and analysts to raise some common misconceptions and explain where they think misunderstandings may lie.

Posted by Cathryn Edmondson on
03 February 2023

Rethinking your long-term talent strategy to address pay gaps

Gender Pay | Gender Pay Gap | Gender Pay Reporting

How do you make sure you always hire the right person for the job, while maintaining a balanced outlook when it comes to gender, ethnicity and disability? To answer this, we need to explore five main areas of talent management: Diversity in recruitment; Succession planning; Performance management; Learning and Development; and Retention. In this article I’ll be looking at the first three of these key pillars.

Posted by Sarah Nash on
28 October 2022

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

How to reverse the broadening of gender pay gaps caused by the pandemic and narrow them further

Gender Pay | Gender Pay Gap | Gender Pay Reporting

According to the Office for National Statistics’ own data, the Gender Pay Gap (GPG) stood at 27.5% in 1997 and much has been done to redress the imbalance. In 2016 the ONS figure had fallen to 18.1%. A year later it was down to 17.4% and in 2000 – going into the pandemic – it stood at 14.9%. In 2021 the figure had risen slightly to 15.4%. Why?

Posted by Mark Quigley on
12 August 2022

Insights

Insights

Category: Gender Pay Reporting

Going beyond the headlines - what can we do to improve our pay gaps?

Understanding your Gender Pay data and turning this into actionable intelligence

8 Practical Tips to address Gender Pay Reporting

Four Essential Steps to Address Pay Gaps and Equality

Women in the workplace – policies needed to unlock gender equality

Practical measures to tackle pay gaps

Four essential steps to address pay gaps and equality

5 years of gender pay – What have we learnt? What has changed? How can we progress beyond headline reporting?

Myth-busters 2023: Tackling common misconceptions in pay and reward

Rethinking your long-term talent strategy to address pay gaps

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

How to reverse the broadening of gender pay gaps caused by the pandemic and narrow them further

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