Category: Pay Benchmarking
6 business benefits of pay structures
04 September 2018
HR Reward | Pay Transparency | Reward Consultancy | Pay Fairness | Motivation | Job Evaluation | Pay Benchmarking | Pay Structures
A faulty pay framework can have a significant negative impact on the rest of the business. Senior Consultant James Bigus gives his top 6 reasons why fixing it is a smart business decision.
5 steps to better benchmarking
24 July 2018
HR Reward | Pay Transparency | Reward Consultancy | Pay Benchmarking
Starting a benchmarking project needn't feel daunting with these 5 top tips from Innecto's benchmarking expert, Sarah Nash. Learn how to secure budget, choose a survey, land the results with employees and much more.
Audio blog - interview with Dr Duncan Brown
17 July 2018
HR Reward | Reward Consultancy | Reward Intelligence | Job Evaluation | Pay Benchmarking | Pay Structures
We're delighted to be joined by Dr Duncan Brown of the IES, in conversation with Innecto's Deborah Rees-Frost. Duncan discusses his recent research on current trends in job evaluation versus market pricing in the UK and US and the way they are used to underpin a pay and grading structure.
It’s smart business to create a pay structure in 2017, here’s why …
24 January 2017
Pay Transparency | Reward Consultancy | Job Evaluation | Pay Benchmarking | Pay Structures
A pay structure combines external market value and internal equity. It delivers against so many current business challenges that it makes real sense to ensure you have one, and that it's modern and relevant to your organisation ...
Three benefits of impartiality in pay benchmarking
05 July 2016
HR Reward | Reward Consultancy | Reward Intelligence | Pay Benchmarking
You might think that pay benchmarking is a simple process that you can easily do in house - pick a salary survey, match your roles and you're done. But it's very easy to get caught up in personalities and performance when benchmarking, making the mistake of thinking about the individual and not the role. In this blog, Sarah Nash explains how using external help ensures that your pay benchmarking process is consistent, objective and fair...
Are you using the right benchmarking data?
24 May 2016
HR Reward | Reward Consultancy | Reward Intelligence | Pay Benchmarking
When we read a 'tabloid-esqe' headline about a piece of research, do we really think about where or how that data was collected? In reward, and particularly benchmarking, making sure you use the right data, and knowing its source, is key. In this blog, Ben Rowley shares why...
Pay review: the dos and don'ts spotted by a fly on the wall
29 March 2016
HR Reward | Reward Consultancy | Reward Intelligence | Pay Benchmarking
If you're about to embark on your annual pay review, or have just completed the process, read Ben Rowley's latest blog for lots of 'fly on the wall' tips on how to the next pay review less painful than the last...
A look at pay for private practice lawyers
26 January 2016
HR Reward | Reward Consultancy | Reward Intelligence | Pay Benchmarking
Last week we launched our new pay survey for lawyers in private practice. In this blog, David Rees shares some of the highlights of the survey...
The science and art of pay structures
29 September 2015
HR Reward | Pay Transparency | Reward Consultancy | Reward Intelligence | Pay Benchmarking
In this blog, Ian Glendinning reveals the science and the art behind creating a commercially viable pay structure that helps your organisations attract, motivate and develop the right talent, and reflects values and business strategy...
Pay Benchmarking 101
28 April 2015
HR Reward | Reward Consultancy | Reward Intelligence | Pay Benchmarking
Pay, and the metrics around it, is becoming increasingly integral to the key success factors of company performance, yet it remains an area susceptible to poor management often run on shaky foundations. In this blog, Emer Bucukoglu shares some valuable insight into how you can get the most from your pay benchmarking project...