New York, NY
Founded In
Organization Type
INNOVATE Corp. is an American public financial services company founded in 1994.
Founded in 1994, INNOVATE is an established company that loves to hire graduates from Ohio State University, with 10.0% of its employees having attended Ohio State University. Want to compare INNOVATE to some other great places to work in New York, NY? We suggest taking a look at Zippia's list of Best Companies to Work For in New York, NY. The average employee at INNOVATE makes $72,904 per year, which is competitive for its industry and location. Some of its highest paying competitors, Zag, KORE, and IDEA'S, pay $83,407, $75,157, and $74,456, respectively.
A large telecommunication company with 2,803 employees and an annual revenue of $1.6B, INNOVATE is headquartered in New York, NY.

The Organization’s Mission

HC2 is executing its plan to create stockholder value reduce debt our objective is to fully pay down our senior secured notes through these strategic transactions allowing us to realize the full value of our growth assets.

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Average Salary
$72,904 yearly


Key People

Wayne Barr


INNOVATE is ranked #22 on the Best Telecommunication Companies to Work For in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Salary Score
The national average salary for an INNOVATE employee in the United States is $72,904 per year. Employees in the top 10 percent can make over $99,000 per year, while employees at the bottom 10 percent earn less than $53,000 per year.
Average INNOVATE Salary
$35.05 hourly
Updated March 16, 2023

Highest Paying Jobs At INNOVATE

INNOVATE Diversity

Diversity Score
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INNOVATE Employee Political Affiliation

INNOVATE employees are most likely to be members of the Democratic Party. The largest donation made to a political party by an INNOVATE employee was by Robert Allison. Robert Allison donated $3,150 to the Republican Party.



Democratic Party

75.0 %

Republican Party

25.0 %
Employee Political Donations
NameJob TitlePartyDonation
Robert AllisonExecutiveRepublican Party$3,150
Richard ConnInvestorDemocratic Party$2,000
Gabriel HidalgoReal Estate InvestorDemocratic Party$1,100
Adam FiskSoftware EngineerDemocratic Party$1,095
Thomas PerkowitzQuality ManagerDemocratic Party$770
Norbert SpinskiSelf-EmployedRepublican Party$750
Alexander BergerExecutiveRepublican Party$750
Meghan HaroldAccountantDemocratic Party$500
Matthew DusigOwnerDemocratic Party$500
Michael CarrAttorneyDemocratic Party$250
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INNOVATE Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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INNOVATE Subsidiaries

Subsidiaries to INNOVATE include DBM Global, Primus Telecommunications Inc, and Schuff Steel. Employees at the parent company, INNOVATE, earn $72,904. In comparison, the salaries at DBM Global, Primus Telecommunications Inc, and Schuff Steel are $76,340, $70,876, and $48,823.
Average Salarydesc
DBM Global
Salary Range53k - 109k$76k$76,340

Primus Telecommunications Inc

Salary Range51k - 98k$71k$70,876

Schuff Steel

Salary Range35k - 67k$49k$48,823
Titan Contracting and Leasing Company, Inc.
Salary Range35k - 65k$48k$48,404

Highest Paying INNOVATE Competitors

Based on our research, similar companies to INNOVATE are Zag, KORE, and IDEA'S. The wages at Zag average higher than the other similar companies, where the median salary is $83,407 per year. The salaries at KORE average $75,157 per year, and the salaries at IDEA'S come in at $74,456 per year.

Frequently Asked Questions about INNOVATE

When was INNOVATE founded?

INNOVATE was founded in 1994.

How many Employees does INNOVATE have?

INNOVATE has 2,803 employees.

How much money does INNOVATE make?

INNOVATE generates $1.6B in revenue.

What industry is INNOVATE in?

INNOVATE is in the telecommunications industry.

What is INNOVATE's mission?

INNOVATE's mission statement is "HC2 is executing its plan to create stockholder value reduce debt our objective is to fully pay down our senior secured notes through these strategic transactions allowing us to realize the full value of our growth assets."

What type of company is INNOVATE?

INNOVATE is a public company.

Who are INNOVATE's competitors?

INNOVATE competitors include Sinclair Broadcast Group, Primus Telecommunications Inc, NetWorth, Prodigy, Georgia Business Net, Federal Communications Commission, Visible, Edison Group, Global Networks, IDEA'S, Access Communications, KORE, Chorus, Venture Group, Zag, Interact Services, Snp, SCTE, Next Gen, Remark Holdings.

Who works at INNOVATE?

Wayne Barr (President/CEO)

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Zippia gives an in-depth look into the details of INNOVATE, including salaries, political affiliations, employee data, and more, in order to inform job seekers about INNOVATE. The employee data is based on information from people who have self-reported their past or current employments at INNOVATE. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by INNOVATE. The data presented on this page does not represent the view of INNOVATE and its employees or that of Zippia.

INNOVATE may also be known as or be related to HC2 Holdings, HC2 Holdings Inc, HC2 Holdings, Inc., INNOVATE and INNOVATE Corp.