New Market Share Analysis Reports Changes in Executive Compensation Consulting on the Horizon

Feb. 3, 2010 - PRLog -- Equilar, the market leader in executive compensation data and research, has published a report on top compensation consulting firms, their performance, and their engagements with the companies they service.

New SEC independence standards have made compensation consultants increasingly instrumental in devising solutions that comply with the revised statutes on disclosure. With political and media scrutiny on the rise, many companies are also engaging consultants to design tailored pay structures that competitively reward performance. Large mergers are consolidating market share in some industries, while smaller boutique shops are gaining ground in specific sectors and regions.

In its 2010 Consultant League Report, Equilar utilized the Consultant League Table module of its PeerInsight product to analyze annual reports and proxy filings of public companies, creating a picture of consulting firms’ market share nationwide. Researchers looked at financial metrics such as revenue, fiscal year-end market capitalization, net income, total assets, and one- and three-year total shareholder return to determine which firms had the largest and most profitable clients. Equilar also analyzed compensation consulting firms’ market share by sector, index, and location.

Below is a sample table from the report, detailing the market share of firms engaged by the Russell 3000:

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 by visiting http://www.equilar.com/Executive_Compensation_Reports.php.

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About Equilar, Inc. (http://www.equilar.com)

Equilar's award-winning product suite is the gold standard for benchmarking and tracking executive compensation, board compensation, equity grants and award policies and compensation practices. Equilar products and custom research services enable corporations, human capital consulting firms, law firms, investors, individual executives, and the media to accurately compare pay packages across thousands of public companies using SEC and exclusive survey data. Equilar research is cited frequently by Bloomberg, BusinessWeek, Reuters, The New York Times, The Wall Street Journal and other leading media outlets. Equilar (Redwood Shores, CA) was recognized recently as one of the fastest-growing private companies in America by Deloitte, Inc., and the Silicon Valley Business Journal.