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INNOVATE Corp Salary

INNOVATE Corp Salary

How much does the INNOVATE Corp Pay for employees?

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As of September 2026, the average annual salary for employees at INNOVATE Corp in the United States is $142,830. This translates to an approximate hourly wage of $69. Salaries at INNOVATE Corp typically range from $125,000 to $162,362 annually, reflecting the diverse roles and experience levels within the company. INNOVATE Corp’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does INNOVATE Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at INNOVATE Corp. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at INNOVATE Corp

Ready for your next career move? Explore current job openings at INNOVATE Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is INNOVATE Corp’s Pay Competitive? Salary Benchmarking Analysis

How does INNOVATE Corp’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
INNOVATE Corp
Financial Services
Square Enix
ASRC Industrial Services LLC
Industry Comparison
Our data shows that, on average, compensation at INNOVATE Corp is above the average for the U.S. Financial Services industry by approximately 15%. This positioning suggests their pay is competitive within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared INNOVATE Corp average annual salary with several similar companies. INNOVATE Corp average salary of $142,830 is higher than Square Enix, which has an average salary of $136,734. It is higher than ASRC Industrial Services LLC, with their average salary at $117,705. This places INNOVATE Corp in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How INNOVATE Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at INNOVATE Corp. Click a company name to learn more.

Employee Reviews: Working at INNOVATE Corp

Considering a career at INNOVATE Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Training is provided but sometimes lacks relevance or follow-through. Leadership is present but distant. Training is frequent, feedback is constructive, and growth opportunities are plentiful. I enjoy the supportive team culture and open communication here.
Commented in April 17, 2025
45
0
Managers trust employees to deliver regardless of location. Employee feedback is acknowledged but rarely results in change. Onboarding was straightforward, and expectations are communicated clearly. The collaborative culture is a significant strength. Training programs are provided but can be generic and infrequent. Upper management is professional it is visible. Management trusts us with signifi...
Commented in September 22, 2024
11
2
Diverse perspectives are welcomed. The culture is formal and cautious, favoring routine over rapid innovation or change. It's nice to connect with colleagues outside of typical work projects and meetings. The company's stability provides job security rarely seen in finance. The culture encourages initiative and learning, and the workplace feels inclusive and fair.
Commented in March 05, 2024
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1

INNOVATE Corp Overview

Website
www.innovatecorp.com
Founded In
1994
Employees
3,000 - 7,500 employees
Industry
Financial Services
Headquarter Address
295 Madison Ave New York City New York NY 10017
Revenue
$1B - $3B
Phone Number
+1 2122352690
Social Media
About INNOVATE Corp
Founded in 1994 and headquartered in New York City, Innovate Corp, formerly known as HC2 Holdings, Inc, is a portfolio of best-in-class assets in three key areas of the new economy Infrastructure, Life Sciences and Spectrum.

What Benefits Does INNOVATE Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. INNOVATE Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at INNOVATE Corp.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from INNOVATE Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of INNOVATE Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of INNOVATE Corp

1. What is the average salary for employees at INNOVATE Corp?

The average annual total compensation for employees at INNOVATE Corp is approximately $142,830. However, this is an aggregate figure, actual salaries can range significantly, typically from $125,000 to $162,362, depending on factors like job role, experience, and location.

2. How much does INNOVATE Corp pay compared to Square Enix?

The average annual salary at INNOVATE Corp is $142,830, or an hourly wage of $69, in comparison to Square Enix which pays $136,734 per year or $66 per hour.

3. What is the lowest salary at INNOVATE Corp?

The lowest-paying job at INNOVATE Corp is a Vice President, Network Services with a salary of $322,233 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at INNOVATE Corp?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at INNOVATE Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does INNOVATE Corp offer cost-of-living adjustments (COLA) for employees in high-cost areas like New York?

While some companies offer formal COLA, many, including potentially INNOVATE Corp, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at INNOVATE Corp?

Most companies, likely including INNOVATE Corp, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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