Contract award · 1 Mar 2025

GB-london: FSCS526 Salary Benchmarking and Related Services

Financial Services Compensation Scheme awarded “GB-london: FSCS526 Salary Benchmarking and Related Services” to Innecto People Consulting Ltd for £240k.

Business servicesLondon

Procedure

Procedure as published: Not specified.

Key facts

Buyer
Financial Services Compensation Scheme · Body governed by public law
Value
£240,000
Procedure
Not specified
Sector
Business services · Business and management consultancy and related services (CPV 79400000)
Region
London
Timeline
  1. Contract date1 Mar 2025
  2. Published3 Oct 2025Published 216 days after the contract date

Description

Provision of salary benchmarking services on an ongoing basis with an initial one-off consultancy project to review FSCS's current approach and propose how the service can continue to support the ongoing evolution and health of the organisation going forward. The outcomes sought are: •Recommendations on the 'health' of the organisation and the roles within it; •a fair and transparent job framework which meets the requirements of the organisation; •a Pay Progression Model; •salary benchmarks for all roles against the appropriate markets; •a Remuneration Policy and processes that underpins and aligns with the organisation's aims and, objectives; •access to robust, quality salary and benefits market benchmarks; •access to guidance and advice on all matters relating to job evaluation, salary, and benefits; •reduced risk of people leaving because of pay and benefits.

About the supplier

More from Financial Services Compensation Scheme

All contracts

More won by Innecto People Consulting Ltd

All contracts

Recent business services contracts

Sector overview