Mercer and Oliver Wyman NewsWatch

Table of Contents: (1) 2021-2022 US HR Consulting Rates; (2) Aon Cancels $30 Billion Planned Merger with Willis Towers Watson; Aon to Pay $1B Termination Fee; (3) Massachusetts Governor Under Pressure to Fire McKinsey in HR Transformation Project; (4) Capgemini to Acquire Australian Cloud Computing Specialist, Empired Limited; (5) Accenture Acquires Workforce Insight, Ethica, Openmind and Trivadis; Reaches Agreement to Acquire HRC Retail Advisory; (6) Consulting Leadership: Aon and Accenture; (7) Thought Leadership: Crunchbase. (1,995 words)...More

Table of Contents: (1) 2021 US Tax Advisory and Compliance Rates; (2) 2021 US Legal and Forensic Advisory Rates; (3) 2021 US Transaction Advisory Rates; (4) Accenture Completes Acquisitions of Pollux, Core Compete and Cygni; (5) Capgemini Launches New Multinational Division, Capgemini Engineering; (6) Aon Agrees to Divest Operations to Satisfy EU Antitrust Regulators; Review Deadline Extended; (7) Wipro's $1.45 Billion Bid to Acquire UK's Capco Proceeds; (8) BCG 2020 Revenues Grow to $8.6 Billion; (9) Consulting Leadership: Bain, KPMG, Marakon, CRA and Capita; (10) Thought Leadership: Accenture and Capgemini. (2,250 words)...More

Table of Contents: (1) 2021 US Risk, Regulatory and Governance Advisory Rates; (2) 2021 US Internal Audit Advisory Rates; (3) 2021 US Financial Advisory Rates; (4) KPMG South Africa Stops Consulting Work for Audit Clients; (5) Aon Previews Senior Leadership Team; EC Review Deadline of WTW Deal Paused-; (6) Atos Offer for DXC Rebuffed; Atos Walks Away; (7) Serco to Acquire Whitney, Bradley and Brown for $295M; (8) ThoughtWorks Receives $730M Investment; Acquires Fourkind and Gemini Solutions; (9) Accenture Acquires Infinity Works, Edenhouse and Future State; (10) Consulting Leadership: Capgemini, Instride and CACI; (11) Thought Leadership: Accenture. (2,680 words)...More

Table of Contents: (1) 2016-2017 South Africa, Italy and Spain Strategy Consulting Rates: Monadnock Research Reports (Vol IX, No 10-12); (2) Heidrick & Struggles to Acquire Leadership Consultancy, Philosophy IB; (3) Accenture to Acquire Australian Cyber-Security Consultancy, Redcore; (4) Aon Hewitt Acquires Cammack Health; (5) Booz Allen Hamilton Closes Office in Azerbaijan; (6) Infosys to Terminate 3,000 Staff After RBS Announces Plans to Divest Williams & Glyn; (7) Consulting Leadership: Ankura, BAE, BearingPoint, KPMG, PA, Navigant, L.E.K., Huron and FTI; and (8) Thought Leadership: Korn Ferry, Deloitte, Mercer and Hackett. (3,025 words)...More

Table of Contents: (1) 2015-16 Netherlands Human Capital Consulting Rates; (2) Korn Ferry to Acquire Hay Group in $450 Million Deal; (3) Accenture Consulting Revenues Up 3% USD and 11% LC; Digital Services Up 35%; Consulting Rate Strength High; (4) Mercer Acquires Workforce Metrics Firm, Comptryx; Invests in Talent Tech Labs; (5) KPMG Capital Makes Equity Investment in Cyber Security Specialist, Norse; (6) UK Financial Services Consultancy, Crossbridge, Acquired by Synechron; (7) Consulting Leadership: PwC, Korn Ferry and CRA; (7) 2015-16 US, UK, Canada, Australia, New Zealand & Singapore HR Consulting Rates Reports Published. (2,240 words)...More

Monadnock Research has published its 2015-2016 Australia, New Zealand and Singapore Human Capital (HR) Consulting rates report. The study results include mean and median rate estimates for each country, with break-outs for Sydney, Melbourne, Brisbane, and 6 other metropolitan-areas in the region. There is also additional detail for the Big Four, large IT consulting firms and HR specialists in each country. Results are presented across 9 professional levels of hourly, daily and weekly rates, along with the blended rate. The study details findings of our most recent continuous cross-industry consulting rate analysis of master service agreement rates negotiated between clients and strategic firms. (106 pages, 63 graphics)...More

Monadnock Research has published its 2015-2016 United Kingdom Human Capital (HR) Consulting rates report. The study results include mean and median rate estimates for the UK, with break-outs for London, Scotland, Wales and 8 other UK regions and metropolitan-areas. There is also additional detail for the Big Four, large IT consulting firms and HR specialists. Results are presented across 9 professional levels of hourly, daily and weekly rates. The study details findings of our most recent continuous cross-industry consulting rate analysis of master service agreement rates negotiated between clients and strategic firms. (79 pages, 45 graphics)...More

Table of Contents: (1) 2015-16 US HR Consulting Rates Report Published; (2) Accenture Acquires Cyber Security Specialist FusionX; (3) EY to Acquire Banking Consultancy, IZAZI; (4) Accenture Introduces Lower-Cost Implementation Services for SAP Human Capital Management Suite; (5) RCC Consultants Acquired by Black & Veatch; (6) CSC Agrees to Acquire Fruition Partners; (7) Consulting Leadership: Korn Ferry, Deloitte and AlixPartners; and (8) Thought Leadership: Towers Watson, Mercer, Lee Hecht Harrison, Korn Ferry and the SEC. (2,105 words)...More

Monadnock Research has published its 2015-2016 US Human Capital Consulting (HR Consulting) rates report. The study results include metropolitan-area detail for 14 major US metro areas, as well as rate break-outs for the Big Four, large IT consulting firms and HR specialists. Results of our analysis include mean and median rates by level of professional, with detail for 9 professional categories of hourly, daily and weekly rates. The study presents results from our most recent continuous cross-industry consulting rate analysis of current master service agreement rates negotiated between clients and strategic firms. (88 pages, 54 graphics)....More

Table of Contents: (1) BDO USA's Fiscal 2015 Consulting Revenues Up More than 50 Percent; (2) Accenture Acquires Digital Consultancy, Chaotic Moon; (3) EY Acquires Cybersecurity Consultancy, Mycroft; (4) Accenture to Acquire Energy Management and Procurement Services Provider, EnergyQuote JHA; (5) BDO US to Acquire Cross, Fernandez & Riley; (6) EY Canada Transaction Advisory Practice Acquires Stratmark Baker Tilly Acquires UK Consultancy, Outperform; (7) Infosys to Take Minority Equity Stake in ANSR Consulting; (8) KPMG Acquires Infrastructure Project Consultancy, High Point Rendel; (9) Consulting Leadership: EY, Navigant, Segal, Capgemini, and Mercer; and (10) Thought Leadership: CB Insights and KPMG. (2,325 words)...More

Table of Contents: (1) CSC Reportedly in Talks with Booz, CACI and Leidos to Sell US Public Sector Consulting Unit; (2) ABeam takes Equity Stake in Singapore's Optimum Solutions; (3) Mercer Acquires UK Executive Compensation Specialist, Kepler Associates; (4) CSC Sues Former Executive Over Alleged $98 Million Fraud; (5) CSC Sues Another Former Executive for Poaching Staff; Booz Allen Poaching Suit vs Deloitte Continues; (6) Manpower Acquires Australia's Greythorn and Marks Sattin; (7) Infosys Completes $120 Million Acquisition of Scavia; and (8) Consulting Leadership: Deloitte, EY and JDA Software. (1,770 words)...More

Table of Contents: (1) 2015 IT Strategy Consulting Rates: Netherlands; (2) Accenture Completes Acquisition of Brazilian Analytics Specialist, Gapso; (3) Infosys to Consolidate Lodestone into Consulting Group; (4) SAIC Reaches Agreement to Acquire Scitor; (5) Swedish Software Firm Signs Cooperation Agreement with Accenture; (6) Mercer and Conference Board Launch Workforce Analytics Institute Asia; (7) Model Consulting Acquired by CBIZ; (8) Los Angeles Department of Water and Power Files Suit Against PwC Alleging Fraud and Breach of Contract; (9) Consulting Leadership: BCG, KPMG, FTI, Claro, Kurt Salmon and Prophet; and (10) Thought Leadership: Accenture. (1,850 words)...More

Table of Contents: (1) 2015 IT Strategy Consulting Rates: Spain; (2) Capgemini Launches Global Cybersecurity Consulting Practice; (3) Huron Closes Studer Group Transaction; (4) Deltek's GSA Schedule Consulting Business Acquired by Accountancy, Aronson; (5) Mercer Makes Strategic Investment in Benefitfocus; (6) CSC Reaches Agreement with US SEC Staff Over Alleged Fraud, Records and Reporting Violations; (7) Towers Watson Voluntarily Delists Shares from NYSE; (8) Consulting Leadership: Deloitte, Capgemini, Huron and Roland Berger; and (9) Thought Leadership: Cambridge University Press. (1,610 words)...More

Table of Contents: (1) 2015 IT Strategy Consulting Rates: India; (2) UK Parliament Committee Accuses PwC and Others of Creating Tax Avoidance Schemes; (3) Oliver Wyman's CAVOC Acquires Aviation Specialist, TeamSAI; (4) Accenture Agrees to Acquire Agilex; Closes Reactive Media and Structure Acquisitions; (5) Capita Accused of Procurement Violations in UK; (6) Huron Reaches Agreement to Acquire Studer Group; (7) Infosys Restructures Global Operations; (8) Consulting Leadership: Deloitte, West Monroe, PwC, Navigant, Huron, Wipro and Prophet; and (9) Thought Leadership: BearingPoint and KPMG. (2,180 words)...More

Table of Contents: (1) Bridge Strategy Group Acquired by Houlihan & Lokey; (2) Accenture Reaches Agreement to Acquire Structure; (3) Former CEO of Chestnut Consulting Indicted for Allegedly Bribing EBRD Official; (4) Wipfli Acquires Elko, GHG and ARG; (5) Accenture to Work with MIT Sloan School's Office of Executive Education to Develop Internal Program; (6) Sapient Extends Purchase; 79.6% of Common Shares Tendered; (7) FTI Launches Technology Information Practice; (8) Consulting Leadership: Oliver Wyman, Huron, FTI and Segal; and (9) Thought Leadership: Deloitte and PwC. (1,990 words)...More

This report provides current Monadnock Research (MR) estimates for 2015 Information Technology (IT) Strategy Consulting rates in Brazil. Results of our analysis include mean and median rates by level of professional with detail for 16 professional categories for hourly, daily and weekly rates, along with team-based rates for 8 of the most common team types. Rates are provided in reals (BRL) from MR's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. (36 pages, 5 graphics)....More

Table of Contents: (1) 2014-15 IT Strategy Consulting Rates: France and Germany; (2) KPMG Fiscal 2014 Revenue Increase Led by 10.26% Advisory Growth; (3) Bloomberg Sells Kennedy Consulting Research to ALM; (4) Environmental Consultancy, ENVIRON, to Merge with Danish Firm, Ramboll; (5) Mercer Acquires Leading Chilean Comp and Benefits Firm, Denarius; (6) PwC Acquires Pharmacy Benefits Consultancy, Advanced Pharmacy Concepts; (7) Last Chance to Lock in Monadnock Research Portal Subscription Rate for 2014; (6) Consulting Leadership: KPMG, Oliver Wyman and Navigant; and (7) Thought Leadership: PwC. (1,704 words)...More

Table of Contents: (1) Monadnock Research Publishes 2014 -- 2015 US IT Strategy Consulting Rate Research Report; (2) Mercer Reaches Agreement to Acquire HR Specialist Consultancy, Jeitosa Group; (3) CSC and New York City Face Federal and NY State False Claims Act Charges; (4) Consulting Leadership: Huron and Mercer; and (5) Thought Leadership: Towers Watson and BCG. (1,385 words)...More

Table of Contents: (1) 2014 Russia IT Consulting Rates Report Published; (2) Deloitte Fiscal 2014 Global Revenues Up 5.6%, Led by Growth in Consulting; (3) EY Fiscal 2014 Global Revenues Up 6%, Led by Growth in Advisory; (4) Huron Completes Transaction Acquiring Threshold Consulting; (5) KPMG Acquires Cybersecurity Firm, Qubera; (6) Big Four Take Another Run at UK Legal Market; (7) Consulting Leadership: EY, Mercer, Huron and CRAI; and (8) Thought Leadership: PwC and Deloitte. (2,155 words)...More

Table of Contents: (1) 2014 Monadnock Research Canada IT Consulting Rates Report Published; (2) Booz Allen Sues Deloitte Over Consulting Practice "Lift-Out" of Key Staff; (3) Accenture Beats Analyst Estimates; Consulting Growth Strong; (4) KPMG Acquires Investment Bank and M&A Advisor, St. Charles Capital; (5) KPMG Acquires IT Consultancy, Zanett Commercial Solutions; (6) Digital Consultancy, Optimal Experience, Acquired by PwC; (7) Satyam Fraud Case Verdict Imminent; (8) North Highland Launches Social Insights Lab; (9) Former McKinsey Partner Testifies at Latest Hedge Fund Insider Trading Trial; and (10) Mercer to Take 34 Percent Stake in South Africa's Alexander Forbes. (1,500 words)...More

This rate card summary includes Oliver Wyman's negotiated rates for management consulting services provided under its US GSA MOBIS schedule. The contract, GS-10F-0169Y, runs through 23 January 2017. In-scope services include management and strategy consulting; program planning, audits, and evaluations; studies, analyses, scenarios, and reports, including exercises or scenario simulations, educational studies, regulatory or policy studies, health care studies, economic studies, defense and preparedness studies; executive/management coaching services; customized business training; policy and regulation development assistance; and expert witness services in support of litigation, claims, or other formal cases....More

Mercer has completed its transaction to acquire Pensjon & Finans, a leading Norway-based financial investment and pension consultancy. Mercer says the transaction strengthens its position as a leader in pensions and investment advice in the Nordics region and gives Pensions & Finans' clients access to the firm's broad range of services and global capabilities. Espen Kløw, CEO of Pensjon & Finans, has been appointed Head of Mercer Investment Consulting in Norway. (285 words)...More

Booz & Co. names Cesare Mainardi as firm's next CEO. SAIC names John P. Jumper as CEO; Calvin D. (Dan) Harris as EMSBU General Manager. Navigant appoints Julie Howard as CEO and Board Member. Mercer names Julio A. Portalatin as President and CEO; Leonard Gray Global Leader of M&A Consulting; and Phil Shirley as greater China & Hong Kong M&A leader and Stan Feng as Mercer China M&A leader. AT Kearney names Michael Jenkins as Partner and VP. Deloitte names Bill Copeland to lead Life Sciences and Healthcare practice; John Bigalke National Leader of Public Policy, and Senior Partner for Global Health Care practice; Dilip Krishna as Director in Governance, Regulatory & Risk Strategies practice; Deborah Bailey Banking and Securities Regulatory practice Managing Director; and Steve Gallucci as Managing Partner, Fairfield County practice. Ernst & Young appoints David Remnitz to lead its Fraud Investigation & Dispute Services (FIDS) practice; Adam Cohen, Todd Marlin and Jay ...More

Accenture: Two-thirds of CIOs and IT professionals participating in a recent survey believe that mobility will impact their businesses as much or more than the Internet did in the 1990s. Only 20-percent of outsourcing engagements are delivering sufficient business value to be classified as "high performance" BPO. Fifty-seven percent of women and 59% of men are dissatisfied with their jobs. But despite this, 69% plan to stay with their employers, with 64% citing flexible work arrangements as the reason for staying. KPMG: Organizations moving to shared services or outsourcing fall short of business goals and constrict business plans unless they first establish a comprehensive service delivery governance structure. Government and tax authorities are examining the tax implications of "virtual currency" conversion by social media gamers in 2012's $14 billion virtual trading market. Getronics: The role of the CIO in its current capacity will not exist in five years. Me...More

AMCF names finalists for its consulting project excellence awards. Deloitte and SAP court battle in California continues. Deloitte's former CEO, James Quigley, appointed trustee of IFRS Foundation. Deloitte enters strategic alliance with Salesforce.com. Former New York Senator and Empire Strategic Planning leader indicted for tax evasion and influence peddling. Mercer rebrands outside US as Mercer Marsh Benefits. (675 words)...More

SAP to Acquire Human Capital Management Cloud Services Firm, Success Factors. Bain & Co. Appoints Bob Becheck as Worldwide Managing Director. KPMG introduces corporate business intelligence risk management service for corporate clients. Mercer to acquire Alicia Smith & Associates; Closes acquisition of Censeo. Gingrich faces questions about influence peddling under cloak of "consulting". (693 words)...More

MR - Mercer has signed an agreement to acquire the business of Censeo Corporation, a HR consulting firm and provider of real-time online leadership assessment products and services to help organizations select, develop and retain talent. Mercer says the acquisition builds upon its consulting and strategic talent management capabilities. The transaction is expected to close by the end of October. (500 words)...More

This Research Note includes the findings a client study of Human Resource (HR) consulting rate structures across a number of industries. More than 85 percent of the rates analyzed were from global entities, including a total of 45 firm-rate structures. All were from organizations that fall within the 1,000 largest global organizations. This report presents statistics across 15 professional classifications, including a percentile analysis for each labor class and detailed descriptive statistics. Rates from firms that were a subject of this analysis include Accenture, ACS, AON Hewitt, Booz&Co, Capgemini, Deloitte, Hay, IBM, Mercer, North Highland, Plus Delta, PA, Point B, PwC, and Towers-Watson. (1 graphic, 16 tables, 6,980 words)...More

MR Mercer Investment Consulting has completed its acquisition of portions of Evaluation Associates, LLC, from Milliman, Inc., effective 30 June. In a related transaction, Callan Associates has acquired Evaluation Associates' public sector investment consulting business. Mercer says Evaluation Associates' work for financial intermediaries further strengthens its wealth management strategy and complements the capabilities brought to Mercer by Hammond Associates, acquired earlier this year. (414 words)...More

(MR) An Economist report discusses the rebound in consulting services, and the current shift from cost cutting to growth as the focus of engagements after the deepest consulting recession in decades. BDO financial advisory is censured by UK's Financial Services Authority for failures in its advisory role as a sponsor of Shore Capital Group. A recent Booz & Company survey of global executives found significant concerns and a lack of confidence in their own companies' growth and strategy efforts. US pension plan deficits increase by close to 18% in May 2011 According to Mercer research. Large transactions have fueled a 39% US M&A value increase in H1 2011 according to a PwC study. The Sopra Group board has approved the spinoff of Axway Software on the NYSE Euronext exchange in Paris. Accenture has named TBWA and Tag as advertising and production agencies. CSC has launched its Global Institute for Emerging Healthcare Practices to monitor worldwide healthcare trends, conduct studies, e...More

MR - Deloitte LLP elects Punit Renjen Chairman and Joseph Echevarria CEO; Jim Moffatt, Chairman and CEO of Deloitte Consulting LLP; Carl S. Allegretti as Chairman and CEO Deloitte Tax LLP; General Charles F. Wald as Director and US Department of Defense (DoD) consulting practice lead; and Deloitte's UK affiliate names 63 new partners. Richard Neiman joins PricewaterhouseCoopers as Vice Chairman of Global Financial Services Regulatory practice; Dr. Harry Broadman appointed Managing Director, Chief Economist and Leader of the Emerging Markets, Governance, and International Investment & Trade advisory practice group within PwC Forensics Services; and Keith Hubert, Managing Partner of the Hartford, Conn. office and leader, and leader of PwC's Northeast Insurance Services practice. Jimmy Johansen appointed Head of Mercer's Nordic International Consulting Group and International Leadership Group Member for EMEA; Michael Shore joins Mercer as Principal in Information ...More

MR - Mercer Investment Consulting has signed a definitive agreement with Milliman to acquire portions of its investment consulting subsidiary, Evaluation Associates (EA). In a related transaction, Callan Associates will acquire EA's public services investment advisory business. Upon completion, this will be Mercer's second acquisition of an investment consulting firm in 2011, after completing the transaction to acquire Hammond Associates in January. Mercer says the EA acquisition further strengthens its US investment consulting business and highlights the firm's commitment to the investment advisory segment. The firms say that this collaboration allows Mercer and Callan to pursue their independent strategic objectives, and helps ensure that Evaluation Associates' public sector clients will benefit from a seamless and coordinated transition. (675 words)...More

MR - The U.S. Securities and Exchange Commission is proposing a new rule and rule amendments to implement provisions of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (WSRCPA), adding Section 10C to the 1934 Exchange Act. The proposed rule requires the commission to adopt new disclosure rules concerning the use of compensation consultants and conflicts of interest. Section 10C also directs exchanges to establish listing standards that require each member of a listed company's compensation committee to be an "independent" member of its board, as defined in the listing standards of the exchanges adopted in accordance with the proposed rule. (690 words)...More

MR - Accenture Names Pierre Nanterme, Financial Services group leader, as successor to CEO William Green, effective 1 January 2011. Former KPMG Chairman, Walter Edward Hanson, died at his California home after a long illness; KPMG names U.K. Partner as global Healthcare practice leader. Sapient Co-founder rejoins board and terminates consulting agreement; Sapient Global Markets names Director of Business Consulting. Huron names former McKinsey Americas IT Director as CIO; Appoints Education Consulting practice Managing Director. LECG appoints Managing Director in Banking and Real Estate consulting practice. Capgemini appoints Director of Investor Relations. (2,300 words)...More

MR - Atos Origin Appoints CEO of Atos WorldGrid; Executive Vice President for Talent Management and Communications. PricewaterhouseCoopers LLP names U.S. and Global Talent Leader; U.S. Recruiting Leader; and Co-leader of Indirect Tax practice. CSC Appoints Senior Executive Advisor and Vice President for its North American Public Sector Civil and Health Services Group. Logica names CEO of North American operations. Ernst & Young appoints new leader for Advisory Power & Utilities Practice. KPMG International names global head of audit. Mercer appoints Managing Director, Taiwan. Navigant appoints Managing Director within Financial Risk Management Practice. Buck Consultants appoints communications practice lead. Kurtzman Carson Consultants appoints Director of Corporate Restructuring Services. (2,425 words)...More