Pay Structures: What are they, what are the options for my organisation and… does pay really motivate?
There are lots of different types of pay structure and what suits one organisation may not suit another. For all organisations though, the best system will be one that balances the organisations financial needs with the economic needs of its workforce.
Asda supermarket workers’ long-running equal pay case was heard by the Supreme Court
justices at a virtual hearing in July. The judgement is set to be delivered shortly. The claim was
brought by around 35,000 employees represented by legal firm, Leigh Day.
Developing your reward strategy involves designing and implementing reward policies and practices to support and advance organisational objectives. Investing time in your reward strategy can pay dividends. It can maximise the value you get from your reward arrangements. In this article I will outline some important considerations when developing a reward strategy. First, it might be sensible to talk about why you should develop a reward strategy in the first place…
We produce sector reports on a quarterly basis and have just completed our UK Remuneration overview report for Q3 2020. This is a free product, available now.
We produce global sector reports on a quarterly basis and have just completed our HOUSING sector report for Q3 2020. This is a free product, available now.
The current pandemic has had a significant financial impact on most businesses in the UK. Because of this many organisations are having to face up to the reality of re-configuring and restructuring their operating structures. In this article we talk a little about some of the most important considerations and challenges when restructuring your business.
Written by Katy Marshall of TPHR Since the introduction of the Gender Pay Gap Reporting there have been calls for employers to also publish their ethnicity pay gap data. This is because, in the same way that the UK has a gender pay gap that favours male employees, it...
It used to be a lot easier, didn’t it, back in the 00’s? Your roles were housing roles, your DLO /trades may have needed a slightly separate approach, but fundamentally the old-style incremental pay frameworks were fit for purpose. Roll on to 2019 and the Housing...
A significant proportion of organisations now have employees working from home. We have been asked by a number of our clients how they will need to modify staff reward packages to reflect this alternate way of working.
In this article we explore some of the issues employers need to be aware of with increased
numbers of employees working from home, from a financial, legal and Health and Safety perspective.
In this document we take a look at the possible impacts on the provision on long and short term bonuses and incentive plans of the Covid-19 pandemic and the ensuing lockdown.
New Remuneration Trend Report available now! Like everything else in the world at the moment this quarter’s outlook report is dominated by the
A confidential consultation with one of our senior Reward Directors.
It would seem that companies that offer a working from home allowance, that rewards their employees for embracing this new way of working, is now becoming a thing. I think it’s a great innovation and worthy of consideration.
We produce global sector reports on a quarterly basis and have just completed our HOUSING sector report for Q2 2020. This is a free product, available now.
Our Housing sector experience and client base is significant. We run various benchmarking clubs’ for the sector across the UK and advise Boards and remuneration committees from senior executive level across the entire employee population.
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Whatever the reason behind the review, there are five key steps that you should carry out to ensure that your pay review is successful: job analysis, job evaluation, pay benchmarking, pay modelling and implementation.
This week, the leader of a major financial institution wondered whether the concept of ‘office’ will ever return to pre Covid relevance.
We produce sector reports on a quarterly basis and have just completed our UK Remuneration overview report for Q2 2020. This is a free product, available now.
We produce global sector reports on a quarterly basis and have just completed our FINTECH sector report for Q2 2020. This is a free product, available now.