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"PAYING FOR GOOD"

Author: Corinne Carr

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In the “PAYING FOR GOOD” podcast, I interview talented guest speakers in both the Human Resources and the investment world on various topics all linked to Responsible Reward, which is the integration of business, sustainability and remuneration strategies. Together, my guests and I share our knowledge, give advice and tell inspirational stories to make you a responsible employer, a portfolio company and an investor of choice by designing and implementing a Responsible Reward strategy. Keep up to date with latest thinking on remuneration, hear from experts and stay ahead!
55 Episodes
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In this week’s ‘PAYING FOR GOOD’ podcast, I welcome Maia Kirby. Maia is Outreach Coordinator at Good Jobs First, a non-profit organisation based in Washington that created the Violation Tracker in 2010.Maia reminds us that the tracker is a database of corporate regulatory infringements. It collects information from 52 government agencies on a range of topics such as workplace abuses, anti-competitive practices, and financial misconduct.TO GET EACH EPISODE OF THE PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out how Responsible Reward, the integration of remuneration (base pay, incentives, benefits and pensions) and sustainability can make you an employer, an investment opportunity or an investor of choice, please email me at  client.care@peoplenet.ltd.uk.
In this week’s ‘PAYING FOR GOOD’ podcast, I welcome James Coldwell, Head of the Workforce Disclosure Initiative (WDI) at ShareAction. We talk about the societal and financial needs for transparency on social metrics and how they fit under the ‘S’ of ESG.TO GET EACH EPISODE OF THE PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out how Responsible Reward, the integration of remuneration (base pay, incentives, benefits and pensions) and sustainability can make you an employer, an investment opportunity or an investor of choice, please email me at  client.care@peoplenet.ltd.uk.
In this week’s episode of the ‘PAYING FOR GOOD’ podcast, I welcome Lynn Moffett, Vice President of Human Resources at BMC Software. We talk about fair pay and the importance of being a fair pay accredited employer.TO GET EACH EPISODE OF THE PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out how Responsible Reward, the integration of remuneration (base pay, incentives, benefits and pensions) and sustainability can make you an employer, an investment opportunity or an investor of choice, please email  client.care@peoplenet.ltd.uk.
In this week’s episode of the ‘PAYING FOR GOOD’ podcast, I welcome Andrew Ninian, Director of Stewardship and Corporate Governance at the Investment Association (IA). The IA is the trade body for asset managers in the UK. Its 250 members manage around 10 trillion pounds, mainly for pension savers like you and I. The IA represents the collective voice of its members on a range of issues and today we focus on their executive remuneration expectations.TO GET EACH EPISODE OF THE PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out how Responsible Reward, the integration of remuneration (base pay, incentives, benefits and pensions) and sustainability canmake you an employer, an investment opportunity or aninvestor of choice, please email client.care@peoplenet.ltd.uk.
In this episode of the ‘PAYING FOR GOOD’ podcast, I welcome back Jessica Lobo, Global Goals Manager at the UN Global Compact Network UK. Jess takes us through the findings of the 'Measuring up v2' report recently released by the Network. It assesses UK progress on the SDGs: what we're doing well and not so well. Tune in to find out what needs to be done to achieve the SDGs by 2030!TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about Responsible Reward, the integration of remuneration (base pay, incentives, benefits and pensions) and sustainability, please email me at client.care@peoplenet.ltd.uk.
In this episode of the ‘PAYING FOR GOOD’ podcast, I welcome Simon Rawson, Director of Corporate Engagement at UK non-profit ShareAction. Simon works with institutional investors and companies primarily in the UK and Europe. His mission at ShareAction is to build an investment system that is responsible for its impacts on people and the planet. He works on issues like climate change, nature, health, and decent work. My conversation with him focuses on the latter, with a look at living wages in the grocery retail sector. TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about Responsible Reward, the integration of remuneration and sustainability, please email me at client.care@peoplenet.ltd.uk.
In this episode of the ‘PAYING FOR GOOD’ podcast, I welcome back regular guest and chartered statistician Nigel Marriott. As we face a cost of living crisis, employers face a wage inflation crisis. This is what we’re turning our attention this week.TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about Responsible Reward, the integration of remuneration and sustainability, please email client.care@peoplenet.ltd.uk.
This week, I’m delighted to welcome Paul Lee and Sarah Miller, Redington investment consultants.Asset owners seek independent advice, so investment consultants play an important role when it comes to integrating ESG and pensions. Redington helps its clients, mainly UK pension funds, navigate the challenges of ESG investments for end beneficiaries – that means for you and I.TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out how we could work together on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk. I look forward to hearing from you.
This week, I’m delighted to welcome Danny Meehan from Cushon who is talking to us about workplace savings (pensions and ISAs) on the ‘PAYING FOR GOOD’ podcast.Cushon’s strategy to meet net zero by 2026 says that it’s the first net zero pension provider to invest in low carbon emitters and organisations with high SDG scores, while excluding sectors like thermal coal. You might want to reach out to Cushon if:you have made net zero commitments and are looking for another way of achieving your pledge.you are reviewing your wellbeing strategy.you want to help your employees build healthy saving habits.TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how we could work together on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk. I look forward to hearing from you.
“The ethnicity pay gap: how to take action”This week, I’m delighted to welcome Nigel Marriott, independent Chartered Statistician, back on the ‘PAYING FOR GOOD’ podcast. Last time Nigel appeared on the show, we discussed the gender pay gap. This time we’re focussing on the ethnicity pay gap.TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how we could work together on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk. I look forward to hearing from you.
"Modern slavery"The migrant crisis between France and the UK made the headlines again last week with another terrible tragedy – 27 people losing their lives as they made the perilous journey across the Channel in an inflatable boat, hoping for a better life on our shores. Tens of thousands of people seek asylum in the UK every year. About 37,000 applied in 2020, with half receiving a positive outcome. But while some may go on to secure decent work, others will likely become modern slaves.To talk about this highly emotive topic, I invited Matt Crossman, Stewardship Director at Rathbone Investment Management.TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how we could work together on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk. I look forward to hearing from you!
“Paying for waste.”The pandemic has made us all realise how much we take the availability of supplies for granted, and what happens when the chain breaks. Here are some examples:We see empty shelves in shops.Safety equipment is not available and health risks are increased.We queue for hours and become irritated.To talk about this highly complex topic, which involves a multitude of players, often global and disconnected, I invited a special guest to this week’s ‘PAYING FOR GOOD’ podcast: Annika Howse, the founder of Altrubi, a sustainable supply chain management consultancy. She specialises in the food and fashion industries, and argues that the current model is broken. Listen to her here.TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how we could work together on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk. I look forward to hearing from you!
“If you’re not working on the integration of ESG and incentives already, you’re lagging behind.”Cevian made a public statement on 3 March 2021 asking for ‘significant, measurable and transparent ESG targets that should form part of senior management compensation plans for all European public companies. And therefore Cevian Capital is today calling upon European public companies to start or accelerate the development of such ESG targets for integration into compensation plans to be put to shareholder votes at the AGMs in 2022.’My special guest this week is Harlan Zimmerman, Senior Partner at Cevian Capital, who explains the rationale behind this far-reaching statement. As you would expect from my thought-provoking podcast, I also ask Harlan how incentives are structured at Cevian for its own employees. Listen to him here.TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how we could work together on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk. I look forward to hearing from you!
"Let's be bold!”Have you heard of the term ‘greenwashing’? This is when an organisation is not accountable for its impact on sustainable development. Now, a new trend is emerging: ‘rainbow washing’. It applies to firms that say they’re embracing the UN Sustainable Development Goals (SDGs) yet do not provide details about what they’re doing, nor how they’re going about it.I wanted to call out this abuse of surfing the growing sustainability wave, so I invited this week’s special guest on my ‘PAYING FOR GOOD’ podcast, Dr Carol Adams, Professor of Accounting at Durham University and immediate past Chair of the Global Reporting Initiative (GRI) Stakeholder Council, to give her thoughts on the subject.TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how we could work together on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk. I look forward to hearing from you!
“Crisis-proof”Did you, like me, think there was something wrong with your phone on Monday night and kept rebooting it until you realised the problem was global? Billions of people couldn’t access their social media profiles or make free calls for what seemed like an eternity.These worldwide technical outages, coming on top of recent whistleblowing allegations, cost Facebook founder, Mark Zuckerberg, $6 billion of his personal wealth and around 5 per cent of his company. Crises are expensive.Of course, in the remuneration world, we are not shy of executive pay scandals, either.This week, I welcome Jonathan Hemus, Crisis Management Consultant at Insignia - Crisis Management Training, Planning and Consultancy.TO GET EACH EPISODE OF MY PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about we could work together on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk. I look forward to hearing from you!
“LET'S ACT AS ONE”I’d like to invite you to listen to this week’s guest on my ‘PAYING FOR GOOD’ podcast: Henry Bishop, who co-founded climate tech subscription platform, Furthr, 18 months ago. Furthr aims to incentivise mass action from the workforce on climate change.Your action takeaway from Henry:Henry welcomes the opportunity to talk with potential investors, partners and employers who would like to be involved in the venture. You might want to consider the Furthr (white-labelled) platform as part of your benefit offering. They are also in the process of developing a new app that will be ready in the next six months. So, watch this space!TO GET EACH EPISODE OF THIS PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how to design and implement a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk. I look forward to hearing from you!
“WHAT MONEY TYPE ARE YOU?”This week on my ‘PAYING FOR GOOD’ podcast, my special guest is Fanny Snaith - Money Coach.Fanny reveals that financial matters are the second most common cause of divorce in the UK, after infidelity. At work, we are conditioned to chase the next grade. We get upset when we’re bypassed for promotion or a pay rise. Many employee grievances centre on money.So, what money type are you?Your action takeaway from Fanny:If your relationship with money doesn’t serve you or those around you, please consider one-to-one or group money coaching.TO GET EACH EPISODE OF THIS PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how to design and implement a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk.
'REMUNERATION GOVERNANCE'This week on my ‘PAYING FOR GOOD’ podcast, we’re turning our attention to Remuneration Governance. David gives us an update on the codes and recent research linked to remuneration commissioned by the FRC. I also ask him three questions. Bearing in mind the events of the past 18 months:Has the remit of the remuneration committee changed?Have we got the right people sitting on remuneration committees?Do we need to review the remit of external auditors?Your action takeaway from David:When reporting on your Remuneration Governance, focus less on process and more on activities and outcomes:What activities took place?Were they successful?If not, what would you do differently in future to improve?What did you learn?TO GET EACH EPISODE OF THIS PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how to design and implement a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk.
'HEALTH & SAFETY AND BONUSES'This week on my ‘PAYING FOR GOOD’ podcast, we’re turning our attention to health and safety at work with our special guest Christian Harris, founder of Slip Safety Services, and how H&S metrics form part of the incentives structure in some industries. From a sustainability point of view, I believe that health and safety is so important that it affects all three ESG pillars: Environmental, Social AND Governance. What H&S metrics do you use in your organisation?Your action takeaways:To help prevent slips and falls, Christian has designed a four-part framework for his clients called ‘The four Ps’: Protect your staff and buildings to achieve high performance. This, in turn, leads to profit, with which you have the power to improve, invest, innovate and impact.TO GET EACH EPISODE OF THIS PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how we could work together too on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at client.care@peoplenet.ltd.uk.
This week on my ‘PAYING FOR GOOD’ podcast, we’re turning our attention to increasing diversity in companies. My special guests are Ann Cairns, executive vice-chair at Mastercard and global chair of the 30% Club, and Marte Borhaug, global head of sustainable outcomes at Aviva Investors and co-chair of the 30% Club investor group.The 30% Club aims are:· to have over 30% female representation on the boards and in the C-suites of FTSE 350 firms, although 50% would be ideal· for there to be at least one person of colour on each of those boards and in C-suites· and for at least 50% of those people of colour to be female.To get there, one of the actions is to link diversity targets to incentives. How are you increasing diversity in your organisation?Your action takeaways:In addition to linking diversity targets to variable pay, you may also wish to consider some or all of these activities:·         requesting candidates from more diverse backgrounds on recruitment shortlists·         ensuring the language in your job vacancies/descriptions is unbiased·         setting up a women returner programme·         rolling out targeted development programmes·         increasing the number of women in your succession plans·         buddying-up·         teaching new technology after a period away from work·         mentoring.TO GET EACH EPISODE OF THIS PODCAST STRAIGHT TO YOUR INBOX, PLEASE SUBSCRIBE HERE: https://www.peoplenet.ltd.uk/newsletter/To find out more about how we could work together on designing and implementing a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation too, please email me at client.care@peoplenet.ltd.uk.
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