Insights : Innecto Reward Consulting

Category: Benefits audit

Strategy & Policy: How to create a reward and benefits strategy that is flexible enough to support employees of all ages

Benefits audit | Benefits intelligence | Flexible Benefits

In the consumer world, companies know how important it is to understand their customers’ diverse needs. By doing this, they can tailor products and services based on demographic, behaviour and habit to maximise value.

Posted by Sarah Lardner on
11 May 2023

How to use non-monetary forms of reward as an alternative to bonuses

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.

Posted by Spencer Hughes on
26 August 2022

Benefits trends of 2020: where should your focus be?

Benefits audit | Benefits intelligence | Flexible Benefits | Employee Experience

Even the most carefullycurated employee deals have been well and truly put to task in 2020, and with the rapid and unpredictable spread of COVID-19 causing all of our lives to change dramatically, which benefits are now seeing a surge as a result of the restrictions and changes we have seen in 2020?

Posted by Mark Macoun on
12 August 2020

Shaping your employee deal with benefits built for the future

The impact of Covid-19 and a move to home working has created many opportunities for organisations to reshape their employee deal into one that embraces technology, facilitates increased levels of personalisation, has a ‘social purpose’, extends to the contingent workforce and is more holistic, covering financial, mental, physical and social elements of wellbeing.

Posted by Justine Woolf on
21 July 2020

Is there an app for that? - Five ways technology is improving employee benefits delivery

Client Solutions Director Andrew Walker discusses five examples of how technology has influenced the design and delivery of EB programmes.

Posted by Andrew Walker on
10 December 2019

If budgets are squeezed how do you get the most from your pay budget? Part 2 of 3

Benefits audit | Benefits intelligence | Flexible Benefits

Following on from the first part of this three-part series, which focused on creative bonus schemes, in part two we look at how flexible benefits can be used effectively to get more from a restricted pay budget.

Posted by Sarah Nash on
06 August 2019

Five ways to explore what benefits your employees really want

Benefits audit | Benefits intelligence | Employee engagement | Engagement

In order to understand what benefits you should be offering your employees, it is no longer sufficient to provide a one-size fits all package and expect it to be valued. Your employees are modern consumers who expect both choice and real flexibility. So, the question becomes, how do you determine what is right for them?

Posted by Sarah Lardner on
18 June 2019

5 key questions to maximise value from benefits – Part 2

This week we're rounding off our 2-part series on benefits by answering the final 3 key questions - What is valued by your employees? How does it compare to market? And finally: how are you communicating this to your employees?

Posted by Mark Macoun on
29 January 2019

5 key questions to maximise value from benefits – Part 1

How to ensure your company is feeling the benefit of your benefits? You need to be asking 5 key questions, says Innecto's Senior Reward Analyst Mark Macoun.

Posted by Mark Macoun on
22 January 2019

How to choose the right HR tech for your business

Whatever your HR problem, there’s a piece of software out there that purports to solve it – but how do you sort the wheat from the chaff and choose the right investment for your business? Innecto's Justine Woolf gives you 4 quick factors to consider before you make your selection.

Posted by Justine Woolf on
01 May 2018

How Simon Sinek's Start With Why can inspire your reward strategy

In her first blog for Innecto, Client Director Lissa Davis explains why questioning the rationale behind your reward strategy can help you really understand current issues, control the journey and build better reward for your company.

Posted on: 27 March 2018

Maternity, paternity - at Innecto we say Baby Break

Is current thinking on maternity and paternity leave and benefits fit for today's world and the new generation? We believe businesses need to think more creatively if they want to encourage employees back to work after having a baby.

Posted by Sarah Lardner on
22 May 2013

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