Innecto Reward Consulting

What Innecto Reward Consulting does

Innecto Reward Consulting is a UK-based pay and reward consultancy operating as a wholly-owned subsidiary of Personal Group, a UK employee benefits and HR solutions provider. Founded in 2002 (legal entity Innecto People Consulting registered 2006, rebranded to Innecto Reward Consulting in 2018), the firm is headquartered in Milton Keynes with a London office in Paddington and serves 100+ organisations across nine verticals including professional services, public sector, not-for-profit, retail and leisure, sports and events, media, IT and communications, education, and manufacturing. Named clients span Arsenal Football Club, B&Q, Skyscanner, Refinitiv, Hearst, Saga, Kennedys Law, Bird & Bird, the Prince's/King's Trust, the Wellcome Trust, the National Trust, and The Crown Estate.

The business operates a dual services-plus-software model. Consultancy services cover pay strategy (benchmarking, structures, executive pay, salary surveys), pay equity and pay transparency (job evaluation, pay gap reporting, equal pay audits), reward optimisation (strategy audits, on-demand access, communications), and total reward and engagement (bonus and incentive schemes, EVP, benefits, recognition). These are complemented by Innecto Digital, a proprietary cloud-based suite of five products: Evaluate for job evaluation and job architecture, PayLab for pay benchmarking and compensation management, Advance as a configurable pay decision modeller, Hapi as an employee experience and benefits platform, and Pathfinder for career pathing. The firm's commercial model is sales-led, combining direct enterprise engagement, a free one-hour reward strategy consultation as a funnel entry point, content marketing and case studies for top-of-funnel demand, and subscription-based recurring revenue from its software tools and Reward on Demand service.

The firm differentiates on three pillars: a two-decade specialist brand positioning it as the UK's largest independent pay and reward consultancy; a consultant team composed of former senior HR practitioners rather than career consultants; and proprietary cloud-based tooling that extends the value of bespoke engagements into embedded software relationships. Credentials include ISO 27001, ISO 9001, Cyber Essentials, GDPR compliance, and HM Government G-Cloud supplier status, supporting public-sector and regulated-industry engagements. Recent strategic moves include the March 2025 Brightmine (formerly XpertHR) partnership and active advisory work tied to the EU Pay Transparency Directive.

Name

Innecto Reward Consulting

Legal name

Innecto People Consulting

Website

https://innecto.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Innecto Reward Consulting is the UK's largest independent pay and reward consultancy, serving 100+ organisations with bespoke reward advisory services and a proprietary cloud software suite (Evaluate, PayLab, Advance, Hapi, Pathfinder), operating as a subsidiary of Personal Group.

Ownership category

akta.pro rank

Product category

Pay and Reward Consulting

NAICS

Human Resources Consulting Services (541612)

SIC

Services-Management Consulting Services (8742), Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYBPACAJAG

Compensation, Benefits & Total Rewards Advisory

Business & Public Services/HR, Staffing & Recruitment Services/HR Consulting & Advisory (HR Strategy, Org Design, Change)

SECONDARYBPACAPAH

Compensation Planning & Total Rewards

Business & Public Services/HR, Staffing & Recruitment Services/Human Capital Management (HCM) & HR Tech

SECONDARYBPAHAGAF

Compensation, Benefits & Rewards Consulting

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Human Capital & Organizational Consulting

SECONDARYBPACAKAE

Benefits Administration & Total Rewards Outsourcing

Business & Public Services/HR, Staffing & Recruitment Services/HR Outsourcing (HRO) & Shared Services

Keywords

• Pay and reward consulting
• Job evaluation software
• Pay benchmarking solutions
• Compensation consultancy services
• HR technology tools

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Consultancy Services: Bespoke reward consultancy services including pay strategy, pay equity, reward optimisation, and total reward engagement. Delivered by experienced consultants with industry expertise.
2. HR Software Solutions: Subscription-based access to proprietary cloud-based software solutions including Evaluate, PayLab, Advance, Hapi, and Pathfinder for job evaluation, pay benchmarking, and employee experience management.
3. Reward on Demand: Access to specialist reward support on-demand, suitable for organizations without budget to hire a full-time reward specialist.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Innecto Reward Consulting provides bespoke pay and reward consultancy services including pay strategy, pay equity audits, job evaluation, pay benchmarking, reward strategy reviews, and total reward engagement for UK organisations. It complements these services with proprietary cloud-based HR software solutions (Evaluate, PayLab, Advance, Hapi, Pathfinder) under the Innecto Digital brand, enabling job evaluation, pay benchmarking, pay modelling, and employee reward engagement.

Product overview

Innecto Reward Consulting is a UK-based pay and reward consultancy offering a dual approach: bespoke consultancy services and proprietary HR technology software. The product portfolio centres on Innecto Digital, a suite of cloud-based tools comprising five core software products: Evaluate (job evaluation), PayLab (pay benchmarking), Advance (compensation modeller), Hapi (employee experience), and Pathfinder (career pathing). These digital solutions are complemented by consultancy services spanning pay strategy, pay equity and transparency, reward optimisation, and total reward and engagement. The offering is structured as a platform-plus-services model where clients can engage consultancy alone, software alone, or both combined.

Differentiator

Problem solved

Functional benefit

Brands

• Innecto Digital: Proprietary cloud-based HR software solutions including job evaluation (Evaluate) and pay benchmarking (PayLab) platforms.
• Evaluate
• PayLab
• Advance
• Hapi
• Pathfinder

Products and services

• Pay Strategy Consultancy

Quantifiable outcome

• Over 70% of clients ask Innecto back for additional work
• +3 more outcomes

Named customers26 records

Segments9 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Brightmine (formerly XpertHR)coreStrategic or Co-development Partner · 6 March 2025Brightmine and Innecto formed an exciting new partnership in Pay and Reward. Brightmine (formerly XpertHR) is a leading provider of HR data and insights, and this partnership is designed to benefit clients through combined expertise in pay and reward consulting.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Mercer: Global consulting leader in health, wealth and career, with a major rewards/compensation practice. Competes with Innecto for pay strategy, benchmarking and total rewards advisory work, but serves a much broader portfolio and global client base.
• Workday: Enterprise cloud HCM and financial management platform with built-in compensation, job architecture and pay equity modules. Represents the platform-level competitive threat to Innecto Digital's point solutions.
• Korn Ferry: Global organizational consulting firm with a dedicated rewards and benefits advisory practice. Comparable to Innecto on pay structure design, executive pay and total rewards optimization, though with much broader scale.
• Hay Group (part of Korn Ferry): Long-established job evaluation methodology (Hay Guide Chart) and reward consulting franchise, now part of Korn Ferry. Direct overlap with Innecto's Evaluate job evaluation and pay structure advisory work.
• Aon: Global professional services firm with a strong reward and talent analytics practice (Aon Hewitt). Competes for the same pay strategy, executive compensation and pay equity mandates as Innecto, particularly with multinational clients.
• Willis Towers Watson: Global advisory firm with extensive rewards, talent and benefits consulting practices. Overlaps directly with Innecto on pay benchmarking, job evaluation and total rewards strategy for mid-market and enterprise clients.

Emerging players

• Pave: US-headquartered compensation platform covering benchmarking, pay equity and equity management. Overlaps with Innecto Digital's Evaluate/PayLab/Advance suite and represents the most VC-funded comp-tech peer in the category.
• Ravio: Europe-based compensation benchmarking and pay intelligence platform. Comparable to Innecto's PayLab and broader pay benchmarking offering, but delivered as a pure-play SaaS product rather than consultancy-plus-tool.

Others

• Brightmine (formerly XpertHR): Leading HR data, pay benchmarking and compliance intelligence provider in the UK. Innecto's recent strategic partner, and an adjacent peer whose HR data assets underpin much of the UK reward advisory market Innecto serves.

Direct peers

• Paydata: UK-based independent reward consultancy offering pay benchmarking, job evaluation and total rewards advisory — the closest direct comparable to Innecto in terms of geography, size and service mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/innectoreward
• Facebookfacebook.com/InnectoRewardConsulting
• LinkedInlinkedin.com/company/innecto-reward-consulting

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innecto Reward Consulting