Major Companies Continue to Switch Compensation Consultants

Nearly half of S&P 500 companies have changed compensation consultants over the past five years, concentrating advisory work among a small group of firms. MyLogIQ data shows Frederic W. Cook, Meridian, and Semler Brossy now dominate the market.

Boards often switch consultants following leadership changes, say-on-pay challenges, or shifts in business strategy.

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