Inflation-driven pay increases have run out of hot air
Image by

Inflation-driven pay increases have run out of hot air

Samantha Gee Samantha Gee

Samantha Gee

Director and co-founder at Verditer Consulting - specialists in reward

发布日期: 2017年5月31日
+ 关注

My latest blog looks at why inflation-driven pay increases are a dangerous straightjacket at a time when businesses need agility to thrive.

The age-old approach of across the board pay increases don't deliver value, cause problems, and isn't even fair.  What we need is intelligent and impactful pay decisions. 

So, if you're looking to stop ‘compensating’ employees and make your pay budgets deliver real value, take a read here. 

To be the first to read our blogs, follow our linkedin company page and sign up for our newsletter.


Dawn Exley

MCIPD | Director at Gravitas HR Solutions Limited | HR Consultant | NLP Practitioner

7 年

Great article Sam, I'm a big advocate of PRP.

赞
回复
Thomas Schilling

I help companies achieve their business goals with best-in-breed cloud-based HR and Payroll solutions that align with their unique requirements.

7 年

Right on the money! The three reasons to award employees a pay increase that aligns with inflation was a very good summary of why it's a bad idea. Just wanted to read what the best approach is.

赞
回复
查看更多评论

要查看或添加评论，请登录

Samantha Gee的更多文章

  • Today's Ten Great Gender Pay Narratives
    2023年8月15日

    Today's Ten Great Gender Pay Narratives

    Way back in 2017/18, when gender pay gap reporting was new, we wrote a couple of blogs sharing some of the best…

    9 条评论
  • Ten green benefits
    2023年8月7日

    Ten green benefits

    In the words of the United Nations: ‘climate change is the defining issue of our time and we are at a defining moment’.…

    7 条评论
  • Location pay, but not as we know it
    2023年8月1日

    Location pay, but not as we know it

    One of the questions we're still hearing from clients is ‘how should location-based pay work in a hybrid world’? If…

    2 条评论
  • Reward without Ratings? A choice of three
    2018年11月26日

    Reward without Ratings? A choice of three

    Many companies are looking to move away from annual appraisals to a more continuous approach to performance management.…

  • Is parental leave on your gender pay action plan?
    2018年10月9日

    Is parental leave on your gender pay action plan?

    The 2017 Gender Pay Reports are published, and the companies on top of things have calculated their 2018 figures too…

  • Pay: a new perspective for employee engagement?
    2017年10月30日

    Pay: a new perspective for employee engagement?

    The findings are clear. The top opportunity for driving employee engagement right now is reward, according to Aon…

  • Our new video: pay foundations in three steps
    2017年2月22日

    Our new video: pay foundations in three steps

    Fair and transparent pay is an essential ingredient for employee engagement. We are delighted to launch our short video…

  • 10 reasons to cut your gender pay gap
    2017年1月6日

    10 reasons to cut your gender pay gap

    The gender pay reporting regulations were approved by parliament yesterday. Companies with 250 or more employees need…

    2 条评论
  • Is pay transparency a double-edged sword?
    2016年11月16日

    Is pay transparency a double-edged sword?

    There’s plenty of evidence to support having a transparent approach to pay with studies linking it to job satisfaction…

    1 条评论
  • The market median pot of gold
    2016年8月10日

    The market median pot of gold

    Are we reward professionals victims of our own success? Convince managers of the value of pay benchmarking data and…

    6 条评论

社区洞察

其他会员也浏览了