Our client list includes 85 per cent of the world’s major management consulting firms, and we have repeat business from over 90 per cent of our clients.

Consultant Benefit Survey

Vencon Research is the leading choice for compensation benchmarking data in the global consulting industry. Our client list includes 85 per cent of the world’s major management consulting firms, and we have repeat business from over 90 per cent of our clients. Furthermore, we own nearly 20 years of in-depth, high quality salary data and trend analysis to underpin our research. We use best-in-class methodologies to give our consulting clients the insight they require in order to make confident business decisions.

Our Consultant Benefits Survey is one of our core offerings and is in demand from consultancies of all sizes.

THE CONSULTANT BENEFITS SURVEY

Our Consultant Benefits Survey complements our Consultant Salary Survey, presenting details of all non-cash compensation elements for up to 12 competing firms in your country. We work hard to define competitor groups carefully and accurately, thereby maximising the value of benchmarking and ensuring that the resulting research is as targeted as possible for your firm.

The resulting report includes three principal sections:

1

A succinct overview of the range and requirements of the in-country statutory benefits, including the latest cost parameters for both employers and employees, where applicable. This section identifies where firms have legal obligations to provide employment-related benefits such as sickness, maternity, pension and paid holiday. It also details insurance provisions.

2

The main body of the report then details benefit structures. It provides data grouped into 9 primary categories, and 40 supporting categories. Hard benefits cover quantifiable elements such as pension plans, insurances, investment programmes, car schemes and smartphone provision. Soft benefits data includes professional development and lifestyle elements. These can include benefits as diverse as in-house subsidised catering, travel benefits and enhanced or flexible family-friendly benefits.

Each of these elements is scored subjectively against the comparator group to determine where best, typical and sub-standard practices sit within your reference competitors.

3

Finally, a comprehensive overview is included, showing how each firm scores directly against its comparator group. This allows your decision-makers to rapidly identify standard benefit practices amongst competitor consultancies, and to assess which competitors have the best (and worst) benefits packages. Our method of comparison assists you in determining any immediate steps that may be taken to improve your ranking.

Once again, each element is subjectively scored against the standards of the comparator group to determine best, typical and sub-standard practice for that pool of consulting firms.

OUR REPORTS

In addition to our core reports, we offer bespoke and additional data analysis on a ‘by request’ basis. Our reports are detailed, easy to read and provide an instant road map for action. We present our survey results in a range of formats to suit your specific requirements, and in formats that allow onward presentation to your stakeholder audiences.

WHY CHOOSE VENCON RESEARCH?

We are the largest player in consulting compensation metrics, operating from offices in the United Kingdom, Germany and Switzerland. Our research partners have substantial experience in the field and come from finance, consulting and HR backgrounds.

Our clients benefit from a cutting-edge research methodology which includes only your optimum competitor group to ensure the greatest possible relevance and value; best in class data capture methods; a confidential service; and bespoke solutions with exceptional client liaison and overall standards of service.

Our Approach

Analytic

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.

Comprehensive

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.

Cost Effective

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.

Current

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.

Confidential

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.

Professional

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.

Primary Sourced

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.

Relevant

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.