Bob
JANUARY 11, 2023
On the other hand, strategic compensation incentives are crucial for retaining the key talent you’ve fought so hard to find over the last few years. If possible, leverage HR tech : Send out anonymous pulse surveys to gain deep insights into what comp and benefits your people need and want. To put it simply: It’s complicated.
Compensation Cafe
APRIL 28, 2020
Aon (including Radford ) just published data collected from April 7 to 10, 2020. 18% of survey participants offer special pay programs, typically in the form of flat amounts, for those in high-risk roles. This is a well conducted survey covering a point in time that can be confusing and sometimes even disturbing.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
45 Things
SEPTEMBER 18, 2017
According to an Aon Hewitt survey of 1,062 companies, an average of 12.5% of payroll is targeted for incentive and bonus pay in 2018. Two-thirds of the employers surveyed report they will use merit pay to reward workers who are doing a good job or those who need to improve.
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.
Workday
JANUARY 18, 2017
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. More importantly, 53 percent of the companies surveyed indicate that most employees don’t understand their company’s compensation philosophy. Market conditions.
Rallyware for Human Resources
OCTOBER 10, 2017
Of course, there is a wide range of incentives including bonuses, cash rewards, discounts on company products, and so on. A question arises: what can be done to increase a company’s workforce engagement? But that’s not all. Just-in-time training (JITT) plays an important role in keeping your workforce engaged and motivated.
Expert insights. Personalized for you.
148 
Let's personalize your content