GB-london: FSCS526 Salary Benchmarking and Related Services

Financial Services Compensation Scheme · awarded 1 March 2025 · delivered in London

£240k Award value £240,000
1 Supplier Recorded as a small or medium-sized business
20 May 2027 Runs until from 21 May 2025

Who

BuyerFinancial Services Compensation Scheme London
Supplier Innecto People Consulting Limited
Categoryservices
ClassificationBusiness and management consultancy and related services CPV 79400000
Notice published3 October 2025

What it is for

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.

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48 awards on file, worth £24.7m.

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2 awards on file, worth £240k.

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