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GB-london: FSCS526 Salary Benchmarking and Related Services

Financial Services Compensation Scheme

Awarded
services

This tender has closed

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Key details

Contracting authority
Region
London
Delivery: London, United Kingdom
Contract value
£240,000ex VAT
Submissions closed
20 May 2025
Published
3 October 2025

Procurement

Contract period
21 May 2025 - 20 May 2027
2 years
Procedure type
Not specified
CPV classifications
  • 79400000 Business and management consultancy and related services

What happened

Financial Services Compensation Scheme awarded this contract to Innecto People Consulting Limited worth £240,000 on 1 Mar 2025. The contract runs until 20 May 2027.

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.

Awarded supplier

Supplier
Innecto People Consulting Limited
Award value
£240,000
Award date
1 March 2025

Contact

Address
Beaufort House, 15 St. Botolph Street, London, EC3A 7QU
Contact name
Jean Mutudza

Identifiers

Buyer reference
BIP984626692
Notice ID
5e4463ec-03eb-4185-8edd-03b91bebd814-866831
OCID
ocds-b5fd17-b8585f8f-f3b2-41b1-a375-528011813a24

Explore related tenders

External ID: cf-ocds-b5fd17-b8585f8f-f3b2-41b1-a375-528011813a24 • Added 3 October 2026