Vencon Research is a trusted global provider of compensation (salary) benchmarking data to the world’s leading management, IT and strategy consulting firms.
The firm began through research collaboration between UK and German businesses, which culminated in the creation of Vencon Research in 2000. The move brought together a passionate and experienced team of research analysts with strong experience in data analytics and research in the finance, HR, IT and consulting industries.
Vencon Research specialises in the niche area of consulting compensation packages. This is a challenging area of research, to which Vencon brings nearly 20 years’ worth of data and trend analysis.
From an early package of focused reports, the firm has now grown to offer our global clients a range of high-value surveys. These are available in both standard and bespoke variants and present salary and non-cash rewards for consultants, partners and non-consulting staff. We also offer a range of supporting analysis on areas such as market positioning and family-friendly policies.
Vencon Research reports provide remuneration data for over 30 lines of business within the consulting industry. Reports cover consultant remuneration, Administration and Support staff and Partner/VP compensation structures (a 4 volume report). They include the size and range of cash compensation (target and actual), in addition to non-cash benefits
Our client list includes 85 per cent of the world’s leading management, IT and operational consulting firms and we have a repeat business ratio of over 90 per cent. We offer solutions to over 70 countries across 5 continents, with more clients coming on board all the time.
In order to make informed decisions about compensation packages in your field, you need the latest data at your fingertips. We provide it in a form instantly usable for accurate strategic decision making. Vencon Research clients benefit from high-value industry compensation reports produced by our experienced team and focused upon the consulting industry. We deliver to the highest standards of professionalism, discretion and quality, ensuring that our reports add genuine value to your business. They facilitate decision making in the area you need it most; the attraction and retention of the industry’s top talent.
Our team of expert staff work to a core set of values that are designed entirely around delivery:
Accuracy – Information is HR-based and cross-checked with HR managers.
Detail – Remuneration information is presented for all of the major career sub-levels and remuneration components.
Validity – Vencon uses and presents only the most up-to-date information.
Timeliness – Vencon Research surveys are produced up to twice per annum, but bespoke surveys can be produced on demand at any time.
Ease of use – Reports can be delivered in a variety of formats to suit the specific needs of the client and to facilitate onward briefing.
Data security – Vencon Research uses internationally verified procedures and systems to ensure the anonymity of participants.
Added value – Vencon surveys facilitate a true balanced remuneration position to ensure competitiveness and staff retention without risking wastage in over compensating.
Primary data provider – Vencon Research surveys provide the most comprehensive source of remuneration data for the international consulting environment, fuelled by a ‘virtuous circle’ of increasing participation.
Our clients enjoy exceptional customer service at all stages of the process. Report quality is guaranteed thanks to unique levels of client interaction.
Vencon Research is the largest player within the niche of consulting compensation metrics. All of our research partners have finance, consulting and HR backgrounds, together with substantial experience in the research field. We own nearly 20 years of salary data and trends to underpin our research. Our clients benefit from a cutting-edge research methodology that includes only your optimum competitor group to ensure that you achieve the best possible value from the benchmarking process. We use best-in-class data capture methods; we provide a confidential service; and we offer bespoke solutions to suit the needs of individual clients.
Vencon Research operates from three primary offices in the United Kingdom, Germany and Switzerland. We deliver compensation reports and provide our clients with detailed analyses on compensation for over 75 major consulting markets.
Why not contact one of our consultants today to discuss your needs.
In addition to all the usual compensation data analyses of overall means, percentiles and ranges, Vencon Research reports include a full raw data set, enabling clients to further analyse the data in the manner best suited to their requirements. The data tables, graphics and executive summary are comprehensive and regularly revised in response to client needs.
Our reports cover more than 70 countries worldwide and provide actionable data for both mature and emerging consulting markets. Vencon Research works with more than 300 leading firms, ranging from independent strategy boutiques to the largest global firms. Our reports represent nearly 400,000 consultants and support staff ranging from junior reception staff to senior partners.
Vencon Research is exclusively a remuneration data provider to the professional services industries; our research and production capabilities are designed for optimal delivery of these data. Clients can purchase a full report tailored to their line of business for less than a typical BA sign-on bonus. With a progressive discount structure, firms may purchase a dozen country reports for the cost equivalent of a single MBA sign-on bonus.
Within Vencon Research, data collection and validation is a continuous process. This enables us to produce salary and benefits reports at several points throughout the year containing the very latest information. ‘Snapshot’ data can be provided in new or rapidly developing markets where scheduled release dates are insufficient.
As their primary asset, management consulting firms are necessarily discreet about their professional staff. By observing the highest standards of data confidentiality, including commitment to any confidentiality agreement deemed appropriate by the client, Vencon Research has been able to establish its position of trust with the leading firms. Participant identity is divulged only to other participating firms and anonymity of individual data lines is paramount.
Our clients are the elite of the global management consulting industry and operate to the highest standards in the quality of their research, reports and presentations. By setting the same high standards for ourselves, we enable clients to use our reports, graphics and tables in their original form when disseminating or presenting the information.
The principal sources of data are the HR directors and partners of the participant firms. All data are cross-validated against previous data sets to ensure consistency and accurate comparison in the data as presented.
Vencon Research's report data are sourced from the HR Directors and responsible Partners of the participating firms. Our generic reports can also be tailored to meet specific client needs, for example mapping their own data line against only upper-quartile competitors.