February 9, 2010
The League Table: Compensation Consultant Market Shares
– David Chun, Equilar
In our “2010 Consultant League Report,” we took a look at annual reports and proxy filings of public companies to determine which consulting firms had the largest, most profitable clients, and which had the best market share in various indices, sectors, and geographic locations. Although large consulting firms consistently have a bigger presence in the market, we found some smaller firms gaining market share in certain industries and regions. Our data was featured in a recent Wall Street Journal article on current consulting trends, “More Boards Opting for Independent Pay Advisers.”
Below is a sample table from the report, detailing the market share of firms engaged by the Russell 3000 (in comparison, here are last year’s numbers):
1. Towers Watson – 22.3%
2. Frederic W. Cook & Co. – 13.0%
3. Mercer – 10.5%
4. Hewitt Associates – 9.3%
5. Pearl Meyer & Partners – 7.2%
6. Compensia – 4.3%
7. Radford – 4.2%
8. Hay Group – 3.2%
9. Semler Brossy Consulting – 2.2%
10. Longnecker & Associates – 1.4%
Other charts in the 2010 Consultant League Report include:
– Financial Data: Firms’ client base ranked by revenue, net income, year-end market capitalization, total assets, and one- and three-year total shareholder return
– Indices: The firms with the most market share in the Fortune 1000, S&P 1500, and more
– Sectors: Eight different industry categories, from Healthcare to Financial Services
– Geography: The firms with the most market share in each of four U.S. regions
– Engagement: The market share of firms engaged by management
The complete report is provided to all Equilar Knowledge Center subscribers. Non-subscribers can request a copy of the report.