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Pay transparency is coming for the global workforce. Is your HR department ready?

HR Brew

As multinational organizations prepare to comply with the EU pay transparency directive specifically, Kelly Voss, head of rewards and career advisory for North America at Aon, said the firm has been advising employers to focus on three key areas: Baseline pay equity. Job architecture and job evaluation. More than compliance.

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7 Employee Engagement Models To Help Improve Engagement (In 2024)

AIHR

Aon Hewitt’s Say-Stay-Strive model 2. Aon Hewitt’s Say-Stay-Strive model Professional services consulting firm Aon Hewitt developed the Say-Stay-Strive model. External reliance: Companies adopting this model must rely on Aon Hewitt’s surveys and expertise, which could potentially impact customization and cost.

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7 Actionable Tips: How HR Programs Can Foster Employee Engagement During Tough Times

Achievers

An Aon Hewitt study found that the number of actively disengaged employees rose by more than 50 percent during situations where job duties were impacted by their company being acquired. Survey results can also serve as a useful benchmark for the milestones of your restructuring strategy. Name a Core Team of Change Agents.

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18 Benefits of HR Analytics For Your Business [With Examples]

AIHR

One example of this is when PNC bank’s HR team used HR analytics to better understand the risk of their incentive plans. Another example is when Kraft Heinz launched a hostile takeover bid of Unilever in 2017. For example, a Zimbabwean mining company found that a 22.5% Managing employee performance and productivity.

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To give, or not to give? Navigating the 2023 merit pay dilemma.

HiBob

According to Adam Barnett, a partner at Human Capital Solutions, Aon , “rising economic uncertainty and increased market fragmentation are making salary increase planning especially difficult this year.” What are the compensation benchmarks on average merit increases for 2023? In budgetary terms, it comes down to the math.

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Measuring ROI of Employee Engagement: A Practical Guide

AIHR

Evaluating the ROI on employee engagement can start with external research and benchmarks to get a general estimate of its tangible advantage. Here is an example in US dollars: Output = Amount of goods or services produced ($100,000). You could also make projections based on the Aon Hewitt findings or other benchmarks.

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Business Agility: The 8 Ways Great Workplaces Adapt and Thrive

Great Place to Work

Nearly three-quarters (72%) of business leaders say their business doesnt move fast enough, per an Aon report. For example, Bank of America helps every employee look for ways to improve their work by assigning everyone an annual goal to submit new ideas through its Speak Up! The first step is to benchmark your culture.