AON Bonuses and Incentives Compensation Wellness 
RecognizeThis!
JUNE 23, 2015
Without directly intending it, my last two posts on Compensation Cafe addressed how to keep and reward your top performers in a compensation world where raises seem to be disappearing. In “Where Have All the Raises Gone?” This built on the earlier post, “3 Tips to Keep Your Best Employees without Increasing Pay.”
Something Different
JUNE 2, 2015
…So this morning I read a great piece ( here ) from the NY Times highlighting a sea change in the way compensation is being managed in the U.S. In short, there is ever increasing downward pressure on base pay, with companies shifting dollars that have historically been allocated towards salary bumps towards one-time bonuses and perks.
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Empuls
DECEMBER 18, 2023
The current state of employee turnover and retention in the insurance sector According to a study by the Jacobson Group and Aon conducted in the third quarter of 2021, numerous professionals in the insurance industry are reconsidering their current roles and actively exploring alternative opportunities.
Compensation Cafe
APRIL 28, 2020
Aon (including Radford ) just published data collected from April 7 to 10, 2020. This is a well conducted survey covering a point in time that can be confusing and sometimes even disturbing. Hungry for up-to-date data on how your competitors are handling the Human Resource components of the Covid-19 pandemic?
Workday
JANUARY 18, 2017
Does your company do a good job of following and communicating its philosophy around compensation? A WorldatWork study sponsored by Aon Hewitt found that while 92 percent of companies surveyed have a formal compensation philosophy, only 63 percent have it in writing. Market conditions. Market comparison. Measuring Against Goals.
Compensation Cafe
JUNE 23, 2015
Last month The New York Times ran an article bemoaning the loss of pay raises in favor of one-time bonuses and non-monetary rewards. Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. percent in the depths of the recession.
Analytics in HR
MARCH 29, 2022
Helping build equitable compensation and benefits packages 5. One example of this is when PNC bank’s HR team used HR analytics to better understand the risk of their incentive plans. Helping build equitable compensation and benefits packages. Then, you can adjust your compensation and benefits packages accordingly.
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