BenefitConnect vs Incentiv
BenefitConnect
wtwco.comIncentiv
incentiv.coSide by side
| Figure | BenefitConnect | Incentiv |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 0 | 0 |
| Spec score · Salary Benchmarking Software | 7.9 (#6) | 7.4 (#14) |
| Compliance | WTW says its COBRA service combines ACA 6055/6056 reporting data with active population data. | Incentiv says it is committed to SOC 2, GDPR, and CCPA and undergoes annual SOC 2 Type 2 assessments. |
| Purpose | BenefitConnect provides benefits administration and an online self-service experience across employee benefits. | Incentiv describes itself as a talent management platform purpose-built for private equity. |
| Security | WTW says its Benefits Accounts service has an information security infrastructure that protects personal information. | The maker says data is encrypted in transit with 256-bit TLS and at rest with AES-256 or higher, and that it conducts bi-annual penetration tests. |
| Support | WTW describes consultative support from design through implementation and direct access to a client team for issue resolution. | Customers can contact support by email, and Incentiv’s Customer Success team can help resolve data irregularities. |
In their own words
BenefitConnect
BenefitConnect is WTW’s benefits administration platform for employee benefits, with web and mobile access for employees and retirees. Users can check balances, upload receipt photos, submit claims, and initiate inquiries through a portal or app. WTW says users can contact professionals through the app, online portal, call center, or automated help desk. The platform supports medical, prescription drug, dental, vision, HSA, FSA, and HRA plans. HSA, FSA, and HRA balances can appear through a web service call, and Benefits Accounts supports single sign-on with BenefitConnect. WTW also lists tested eligibility files and automated closure of non-valid HSA accounts. APIs can make information such as wellness credits, year-to-date claims, and required actions available to employees. Client-chosen wellbeing vendors can connect through established data exchange standards. BenefitConnect | COBRA is a separate multi-client version, with round-the-clock employer administration and participant self-service for elections, life events, and annual enrollment. WTW says its COBRA service combines ACA 6055/6056 reporting data with active population data.
Incentiv
Incentiv is a talent management platform for private equity, available through web and API access. It provides separate solutions for investment firms and private companies, serving firms of all stages worldwide and covering senior executives as each customer defines them. Its verified compensation dataset includes more than 10,000 executives and tracks more than 50 compensation elements per executive. Benchmarks include base salary, bonuses, on-target earnings, equity grants, and new-hire employment terms. Tools cover executive compensation benchmarking, bonus pools, management incentive plans, succession planning, talent development, and diversity measurement. Incentiv says data comes directly from private companies through more than 200 source integrations, with real-time refresh. Benchmark information is aggregated and de-identified. Customers can submit data through Box, Google Drive, AWS SFTP, SharePoint, or Teams. Security measures include encryption, multi-factor authentication, and stated SOC 2, GDPR, and CCPA commitments. Pricing is on request.