Vencon Research International’s bi-annual survey of consultant salaries provides benchmark data on the absolute value and range of cash compensation offered by the major international and national management consulting firms across numerous markets throughout the World.
REPORT CONTENT
The Salary Survey includes detail of cash compensation for each of up to twelve (strategy firms) or fifteen (operations firms) career steps and sub-levels in consulting from entry Analyst up to the most senior position before full Partnership.
Within each country report, the comparator group of benchmarked firms can be determined by the client. The client can therefore elect whether their report includes only strategy consulting firms, or operations consulting firms or even, if the market is sufficiently diverse, specialist sub-sets such as IT architecture or forensic accounting.
Vencon Research reports offer one further unique attribute: the original source data is included on a line-per-firm basis. Rather than presenting aggregated distribution curves, skewed by the weighting of the largest players, clients can undertake their own analysis, perhaps choosing to compare against only the highest paying firms, or positioning themselves at a known level within a hierarchy of firms, rather than an arbitrary percentile within a distribution curve.
Vencon Research International surveys all of the world's major consulting markets. Countries regularly include:
REPORTS DESIGNED FOR AND BY MANAGEMENT CONSULTANTS
The precise content of the Vencon Salary Surveys has been developed over time to meet the distinctive requirements of the management consulting sector. Each report details:
For each country, a cross-calibration of the career levels surveyed, detailing the differing job-titles per company against the Vencon generic grades.
For each grade, the number of sub-levels applicable, and the typical amount of time spent at each grade and sub-level per firm.
The fixed base salary being offered per stage, per level, per firm
The variable bonus being offered per stage and per firm, both target and actual in the current year. Data are presented in both absolute and percentage terms
Results as an index between firms
Range, mean and percentile values at each stage across all the firms in the given survey.
A direct comparison against the previous year, indicating relative movement in base and total compensation, both target and actual.
Supplementary data are provided in response to specific issues raised by clients each year. Currently these include per-firm data on topics such as:
MBA starting salaries
Sign-on bonuses being offered at Business School and University, and reimbursement of tuition fees for returning staff
Whether Summer Internships are offered, and applicable rates
Recruitment Bounties being offered for successful hires
The reports are issued twice a year; the second release, which is automatically issued to all participating clients, provides updates on salary changes and bonus expectations occurring during the second half of the year.
COUNTRIES SURVEYED
Vencon Research International surveys all of the world's major consulting markets. Responding to the progressive growth of management consulting activity into new and developing markets we now serve clients in some 55 countries, including:
North America – USA and Canada
Latin America – 6 countries, including Argentina, Brazil and Mexico
Western Europe – 16 countries, from Austria to the UK
Eastern Europe – 9 countries, including Czech Republic, Russian Federation and the Ukraine
Africa & Middle East – Israel, Nigeria, South Africa, Turkey and the UAE
Asia-Pacific – 13 countries, from Australia to Thailand