February 19, 2014
The ’13 League Table: Compensation Consultant Market Shares
– Broc Romanek, CompensationStandards.com
Recently, Equilar released its “2013 Consultant League Report,” which is the result of a review of proxy filings. Although many of the large consulting firms consistently stand atop the rankings, categorical breakdowns reveal some of the smaller shops’ unique market niches.
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. Frederic W. Cook & Co. – 15.3%
2. Pearl Meyer & Partners – 11.7%
3. Towers Watson – 9.8%
4. Compensia – 6.8%
5. Meridian Compensation – 6.7%
6. Pay Governance – 6.5%
7. Radford – 5.5%
8. Mercer – 6.2%
9. Exequity – 3.3%
10. Hay Group – 2.9%