Consultant Salary Survey FAQ

Question 1

What topics are covered?

Accepted Answer

The major topics surveyed and presented, as well as differentiated per career level include:

Fixed or gross basic salary
Variable (or fixed) bonuses
Total actual compensation
Total “Cost to Company”
Further analysis presented includes:
Career progression, i.e., average time spent at each level, as well as fast-track and slow track figures
MBA starting salaries, sign-on bonuses, overtime, internships, referral incentives, etc.
Where data is available: gender pay differences, utilisation targets, expected salary increases

Question 2

What countries are surveyed?

Accepted Answer

Vencon Research International surveys over 70 countries throughout the world; additional bespoke country reports can be ordered if desired. Depending on the market, city-specific reports are also available.

Question 3

What firms are surveyed?

Accepted Answer

Our data gathering team is constantly expanding the coverage of our surveys, inviting participation from major international to local boutique consulting firms in lines of business from strategy to IT (information technology) and niche sectors. Our clients specify and select the firms to be included in the reports (assuming this data is available), as long as each report includes 5 or more firms.

Question 4

What lines of business are covered?

Accepted Answer

Vencon Research Salary Surveys offer a selection of almost 40 different data cuts for the analyses to be completed, based on major business lines.

Question 5

Where does the pay data come from?

Accepted Answer

Report data is sourced via key senior contacts (HR Managers / Partners) of the firms participating in the respective surveys. Vencon Research International actively work with key senior contacts in participating firms to define, quantify and qualify the data included. We work with the relevant local or national HR Managers / senior administrators / Partners and/or their global equivalents.

Question 6

How is confidentiality guaranteed?

Accepted Answer

All data supplied to us is treated as strictly confidential. Under no circumstances will contact names be communicated to any third party. Furthermore, although Vencon Research International does present a list of the firms included in the surveys, actual, firm-specific results are made anonymous; the companies compared are presented simply as Firms 1, 2, etc. To ensure complete confidentiality for all participants, Vencon Research is prepared to sign any relevant confidentiality agreements.

Question 7

What are the USPs of our surveys?

Accepted Answer

The Vencon Research International Consultant Salary Surveys offer participants:

A detailed summary of the size and range of the cash compensation packages currently offered in the industry on a per-player and per-country basis;
A comparative study which allows the in-depth benchmarking of the cash-based compensation benefits offered by the industry across all major players and across the countries surveyed;
A comprehensive tool for current recruiting efforts (especially at the MBA level) and future compensation planning;
A feedback session for participants that allows an in-depth discussion of the results.

Question 8

How and when is delivery of reports undertaken?

Accepted Answer

Data gathering is completed on a rolling basis throughout the year. Client-specific delivery dates can be arranged.

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