Category: Pay & Reward
Brightmine & Innecto: How will this exciting new partnership benefit clients?
Justine Woolf | 06 March 2025
HR Reward | Reward Consultancy | Pay & Reward | Pay benchmarking | Reward | Partnerships
This week heralds the start of an exciting new partnership in Pay and Reward between Brightmine (formerly XpertHR) and Innecto Reward Consulting.
Brace Yourselves: Reward Storm Incoming
Cathryn Edmondson | 28 February 2025
Pay & Reward | Pay Structure | Pay benchmarking | Reward | Employee Benefits
In even the most optimistic assessment of the current situation, it is hard to foresee a situation where a substantial portion of workers are not left underwhelmed by their pay offers in 2025.
Gender Pay: Top tips for reducing pay gaps in 2025
Justine Woolf | 14 February 2025
Pay & Reward | Pay benchmarking | Pay
Every organisation is different and brings its own challenges and nuances when it comes to its Pay Gap.
The future of Pay benchmarking – is real-time data worth using?
Mark Macoun | 08 November 2024
Pay & Reward | Pay benchmarking | Pay
Paying workers at a level that is seen to be fair and competitive is vital for any company or organisation wanting to succeed. It is a key cornerstone to attracting and retaining strong talent.
Just Reward - our latest article featured in HRD
05 March 2024
In the latest edition of HRD, Justine Woolf sheds light on the imperative for 2024: addressing the challenges that have long lingered in the 'too-hard' box. With our days consumed by endless tasks, strategic thinking often takes a back seat. But as time becomes an ever more precious commodity, waiting for change to find us isn't an option.
Pay in a Recession: How to grow in-built Resilience
Sarah Lardner | 10 February 2023
Pay Fairness | Pay & Reward | Resilience
Whether the current economic climate is confirmed as a recession or not, there is no question that we are in the middle of a cost-of-living crisis. According to Resolution Foundation, a typical disposable income for a working-age household is on track to fall by 3% this financial year, and by 4% in the year to April 2024, worse than the last financial crisis. The figures vary but the key message is the same: employees are going to feel worse off in real terms.
20 years in Reward: how the landscape has changed since 2002
12 September 2022
Reward Consultancy | Pay & Reward | Reward Strategy | Reward
On Innecto’s 20-year anniversary, Director of Consulting Justine Woolf reflects how the landscape of pay and reward has changed since 2002.
How to use non-monetary forms of reward as an alternative to bonuses
26 August 2022
Pay & Reward | Employee engagement | Reward Strategy | Employee Benefits
Inadequate total compensation can be a contributing factor to people leaving their jobs and sometimes there is no magic wand that non-monetary reward can wave. Having said that, it can significantly enhance any company’s offering, allow you to express your culture and demonstrate how you would like to treat your employees. Here are some key ways to work non-monetary reward into your overall package.
How to provide adjustments without breaking existing pay structures
14 July 2022
Pay & Reward | Pay Structure | Pay Review | Reward | Pay Data | Cost of Living
Linkedin is an extremely powerful tool for engagement but it is creating new headaches for employers already struggling in a tricky market.
How to mitigate pay pressure, especially in hard to recruit sectors
07 July 2022
Pay Fairness | Pay & Reward | Pay Progression | Pay Review | Pay Data
The current cost of living crisis is bringing with it a whole new wave of pay pressure for employers, but traditionally pay pressure can arise when you have an urgent need for hot skills.
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.
What is base pay in your organisation?
29 April 2022
Pay Fairness | Pay & Reward | Pay Structure | Pay Review
There are many ways to manage a pay review budget and approach pay progression. However, before we start thinking about the pros and cons of those different approaches, it is important first to be clear about what Base Pay is for in your organisation.
