Compensation and welfare consulting services refer to professional advisory services offered to organizations to help them effectively manage and optimize their compensation and employee welfare programs. These services are typically provided by consulting firms or experts with specialized knowledge in human resources, compensation, benefits, and employee well-being. The goal of compensation and welfare consulting services is to assist businesses in designing, implementing, and maintaining compensation and benefit programs that align with their strategic objectives, comply with regulations, and promote employee satisfaction and well-being.
The global market for Compensation and Welfare Consulting Services was estimated to be worth US$ 5948.2 million in 2023 and is forecast to a readjusted size of US$ 13620 million by 2030 with a CAGR of 14.3% during the forecast period 2024-2030
Consulting services might expand to focus on holistic employee well-being beyond just compensation and benefits, including mental health support, work-life balance, and wellness initiatives.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Compensation and Welfare Consulting Services, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Compensation and Welfare Consulting Services by region & country, by Type, and by Application.
The Compensation and Welfare Consulting Services market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compensation and Welfare Consulting Services.
Market Segmentation
By Company
Cherry Bekaert
Arthur J. Gallagher & Co.
CBIZ, Inc.
Marcum LLP
True North HR Consulting
Grant Thornton International Ltd
McKnight Associates, Inc.
QTI Management Services, Inc.
AGH
Milliman, Inc.
Aon plc
Day Pitney LLP
CCI Consulting
Howden Insurance Brokers Limited
Pearl Meyer & Partners, LLC
Warren Averett
Benefits & Compensation Resources, Inc.
The Segal Group, Inc.
Segment by Type:
Executive Compensation Consulting
Payroll Management
Executive Employment Agreement
Others
Segment by Application
Enterprise
Staff
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Compensation and Welfare Consulting Services manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Compensation and Welfare Consulting Services in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Compensation and Welfare Consulting Services in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 Compensation and Welfare Consulting Services Product Introduction
1.2 Global Compensation and Welfare Consulting Services Market Size Forecast
1.3 Compensation and Welfare Consulting Services Market Trends & Drivers
1.3.1 Compensation and Welfare Consulting Services Industry Trends
1.3.2 Compensation and Welfare Consulting Services Market Drivers & Opportunity
1.3.3 Compensation and Welfare Consulting Services Market Challenges
1.3.4 Compensation and Welfare Consulting Services Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Compensation and Welfare Consulting Services Players Revenue Ranking (2023)
2.2 Global Compensation and Welfare Consulting Services Revenue by Company (2019-2024)
2.3 Key Companies Compensation and Welfare Consulting Services Manufacturing Base Distribution and Headquarters
2.4 Key Companies Compensation and Welfare Consulting Services Product Offered
2.5 Key Companies Time to Begin Mass Production of Compensation and Welfare Consulting Services
2.6 Compensation and Welfare Consulting Services Market Competitive Analysis
2.6.1 Compensation and Welfare Consulting Services Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Compensation and Welfare Consulting Services Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Compensation and Welfare Consulting Services as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Executive Compensation Consulting
3.1.2 Payroll Management
3.1.3 Executive Employment Agreement
3.1.4 Others
3.2 Global Compensation and Welfare Consulting Services Sales Value by Type
3.2.1 Global Compensation and Welfare Consulting Services Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Compensation and Welfare Consulting Services Sales Value, by Type (2019-2030)
3.2.3 Global Compensation and Welfare Consulting Services Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Enterprise
4.1.2 Staff
4.2 Global Compensation and Welfare Consulting Services Sales Value by Application
4.2.1 Global Compensation and Welfare Consulting Services Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Compensation and Welfare Consulting Services Sales Value, by Application (2019-2030)
4.2.3 Global Compensation and Welfare Consulting Services Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Compensation and Welfare Consulting Services Sales Value by Region
5.1.1 Global Compensation and Welfare Consulting Services Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Compensation and Welfare Consulting Services Sales Value by Region (2019-2024)
5.1.3 Global Compensation and Welfare Consulting Services Sales Value by Region (2025-2030)
5.1.4 Global Compensation and Welfare Consulting Services Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Compensation and Welfare Consulting Services Sales Value, 2019-2030
5.2.2 North America Compensation and Welfare Consulting Services Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Compensation and Welfare Consulting Services Sales Value, 2019-2030
5.3.2 Europe Compensation and Welfare Consulting Services Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Compensation and Welfare Consulting Services Sales Value, 2019-2030
5.4.2 Asia Pacific Compensation and Welfare Consulting Services Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Compensation and Welfare Consulting Services Sales Value, 2019-2030
5.5.2 South America Compensation and Welfare Consulting Services Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Compensation and Welfare Consulting Services Sales Value, 2019-2030
5.6.2 Middle East & Africa Compensation and Welfare Consulting Services Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Compensation and Welfare Consulting Services Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Compensation and Welfare Consulting Services Sales Value
6.3 United States
6.3.1 United States Compensation and Welfare Consulting Services Sales Value, 2019-2030
6.3.2 United States Compensation and Welfare Consulting Services Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Compensation and Welfare Consulting Services Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Compensation and Welfare Consulting Services Sales Value, 2019-2030
6.4.2 Europe Compensation and Welfare Consulting Services Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Compensation and Welfare Consulting Services Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Compensation and Welfare Consulting Services Sales Value, 2019-2030
6.5.2 China Compensation and Welfare Consulting Services Sales Value by Type (%), 2023 VS 2030
6.5.3 China Compensation and Welfare Consulting Services Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Compensation and Welfare Consulting Services Sales Value, 2019-2030
6.6.2 Japan Compensation and Welfare Consulting Services Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Compensation and Welfare Consulting Services Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Compensation and Welfare Consulting Services Sales Value, 2019-2030
6.7.2 South Korea Compensation and Welfare Consulting Services Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Compensation and Welfare Consulting Services Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Compensation and Welfare Consulting Services Sales Value, 2019-2030
6.8.2 Southeast Asia Compensation and Welfare Consulting Services Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Compensation and Welfare Consulting Services Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Compensation and Welfare Consulting Services Sales Value, 2019-2030
6.9.2 India Compensation and Welfare Consulting Services Sales Value by Type (%), 2023 VS 2030
6.9.3 India Compensation and Welfare Consulting Services Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Cherry Bekaert
7.1.1 Cherry Bekaert Profile
7.1.2 Cherry Bekaert Main Business
7.1.3 Cherry Bekaert Compensation and Welfare Consulting Services Products, Services and Solutions
7.1.4 Cherry Bekaert Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.1.5 Cherry Bekaert Recent Developments
7.2 Arthur J. Gallagher & Co.
7.2.1 Arthur J. Gallagher & Co. Profile
7.2.2 Arthur J. Gallagher & Co. Main Business
7.2.3 Arthur J. Gallagher & Co. Compensation and Welfare Consulting Services Products, Services and Solutions
7.2.4 Arthur J. Gallagher & Co. Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.2.5 Arthur J. Gallagher & Co. Recent Developments
7.3 CBIZ, Inc.
7.3.1 CBIZ, Inc. Profile
7.3.2 CBIZ, Inc. Main Business
7.3.3 CBIZ, Inc. Compensation and Welfare Consulting Services Products, Services and Solutions
7.3.4 CBIZ, Inc. Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.3.5 Marcum LLP Recent Developments
7.4 Marcum LLP
7.4.1 Marcum LLP Profile
7.4.2 Marcum LLP Main Business
7.4.3 Marcum LLP Compensation and Welfare Consulting Services Products, Services and Solutions
7.4.4 Marcum LLP Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.4.5 Marcum LLP Recent Developments
7.5 True North HR Consulting
7.5.1 True North HR Consulting Profile
7.5.2 True North HR Consulting Main Business
7.5.3 True North HR Consulting Compensation and Welfare Consulting Services Products, Services and Solutions
7.5.4 True North HR Consulting Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.5.5 True North HR Consulting Recent Developments
7.6 Grant Thornton International Ltd
7.6.1 Grant Thornton International Ltd Profile
7.6.2 Grant Thornton International Ltd Main Business
7.6.3 Grant Thornton International Ltd Compensation and Welfare Consulting Services Products, Services and Solutions
7.6.4 Grant Thornton International Ltd Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.6.5 Grant Thornton International Ltd Recent Developments
7.7 McKnight Associates, Inc.
7.7.1 McKnight Associates, Inc. Profile
7.7.2 McKnight Associates, Inc. Main Business
7.7.3 McKnight Associates, Inc. Compensation and Welfare Consulting Services Products, Services and Solutions
7.7.4 McKnight Associates, Inc. Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.7.5 McKnight Associates, Inc. Recent Developments
7.8 QTI Management Services, Inc.
7.8.1 QTI Management Services, Inc. Profile
7.8.2 QTI Management Services, Inc. Main Business
7.8.3 QTI Management Services, Inc. Compensation and Welfare Consulting Services Products, Services and Solutions
7.8.4 QTI Management Services, Inc. Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.8.5 QTI Management Services, Inc. Recent Developments
7.9 AGH
7.9.1 AGH Profile
7.9.2 AGH Main Business
7.9.3 AGH Compensation and Welfare Consulting Services Products, Services and Solutions
7.9.4 AGH Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.9.5 AGH Recent Developments
7.10 Milliman, Inc.
7.10.1 Milliman, Inc. Profile
7.10.2 Milliman, Inc. Main Business
7.10.3 Milliman, Inc. Compensation and Welfare Consulting Services Products, Services and Solutions
7.10.4 Milliman, Inc. Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.10.5 Milliman, Inc. Recent Developments
7.11 Aon plc
7.11.1 Aon plc Profile
7.11.2 Aon plc Main Business
7.11.3 Aon plc Compensation and Welfare Consulting Services Products, Services and Solutions
7.11.4 Aon plc Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.11.5 Aon plc Recent Developments
7.12 Day Pitney LLP
7.12.1 Day Pitney LLP Profile
7.12.2 Day Pitney LLP Main Business
7.12.3 Day Pitney LLP Compensation and Welfare Consulting Services Products, Services and Solutions
7.12.4 Day Pitney LLP Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.12.5 Day Pitney LLP Recent Developments
7.13 CCI Consulting
7.13.1 CCI Consulting Profile
7.13.2 CCI Consulting Main Business
7.13.3 CCI Consulting Compensation and Welfare Consulting Services Products, Services and Solutions
7.13.4 CCI Consulting Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.13.5 CCI Consulting Recent Developments
7.14 Howden Insurance Brokers Limited
7.14.1 Howden Insurance Brokers Limited Profile
7.14.2 Howden Insurance Brokers Limited Main Business
7.14.3 Howden Insurance Brokers Limited Compensation and Welfare Consulting Services Products, Services and Solutions
7.14.4 Howden Insurance Brokers Limited Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.14.5 Howden Insurance Brokers Limited Recent Developments
7.15 Pearl Meyer & Partners, LLC
7.15.1 Pearl Meyer & Partners, LLC Profile
7.15.2 Pearl Meyer & Partners, LLC Main Business
7.15.3 Pearl Meyer & Partners, LLC Compensation and Welfare Consulting Services Products, Services and Solutions
7.15.4 Pearl Meyer & Partners, LLC Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.15.5 Pearl Meyer & Partners, LLC Recent Developments
7.16 Warren Averett
7.16.1 Warren Averett Profile
7.16.2 Warren Averett Main Business
7.16.3 Warren Averett Compensation and Welfare Consulting Services Products, Services and Solutions
7.16.4 Warren Averett Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.16.5 Warren Averett Recent Developments
7.17 Benefits & Compensation Resources, Inc.
7.17.1 Benefits & Compensation Resources, Inc. Profile
7.17.2 Benefits & Compensation Resources, Inc. Main Business
7.17.3 Benefits & Compensation Resources, Inc. Compensation and Welfare Consulting Services Products, Services and Solutions
7.17.4 Benefits & Compensation Resources, Inc. Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.17.5 Benefits & Compensation Resources, Inc. Recent Developments
7.18 The Segal Group, Inc.
7.18.1 The Segal Group, Inc. Profile
7.18.2 The Segal Group, Inc. Main Business
7.18.3 The Segal Group, Inc. Compensation and Welfare Consulting Services Products, Services and Solutions
7.18.4 The Segal Group, Inc. Compensation and Welfare Consulting Services Revenue (US$ Million) & (2019-2024)
7.18.5 The Segal Group, Inc. Recent Developments
8 Industry Chain Analysis
8.1 Compensation and Welfare Consulting Services Industrial Chain
8.2 Compensation and Welfare Consulting Services Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Compensation and Welfare Consulting Services Sales Model
8.5.2 Sales Channel
8.5.3 Compensation and Welfare Consulting Services Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Cherry Bekaert
Arthur J. Gallagher & Co.
CBIZ, Inc.
Marcum LLP
True North HR Consulting
Grant Thornton International Ltd
McKnight Associates, Inc.
QTI Management Services, Inc.
AGH
Milliman, Inc.
Aon plc
Day Pitney LLP
CCI Consulting
Howden Insurance Brokers Limited
Pearl Meyer & Partners, LLC
Warren Averett
Benefits & Compensation Resources, Inc.
The Segal Group, Inc.
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*If Applicable.
