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Let’s Talk About the Trend Away From Base Pay Increases Towards Short Term Rewards

Something Different

Namely; the percent of annual payroll budgets dedicated to salary increases has shrunk from a high of 10% to a current level of 2.9%, and short-term incentives as a percent of payroll has skyrocketed from 3.9% (when Aon first started tracking the metric in 1988) to a record 12.7% last year. ^In

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After Years of 3% Increases, Where Have All the Good Raises Gone?

TLNT: The Business of HR

Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. The share of payroll budgets devoted to straight salary increases sank to a low of 1.8 percent of payrolls. percent in the depths of the recession. It dropped to 4.3

AON 40
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Where Have All the Raises Gone?

Compensation Cafe

Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. The share of payroll budgets devoted to straight salary increases sank to a low of 1.8 percent of payrolls. percent in the depths of the recession. It dropped to 4.3

AON 40
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HR Tech Weekly: Episode #257: Stacey Harris and John Sumser

HR Examiner

Aon Buys Willis Towers Watson: Another Waypoint In The Demise of Employer Pensions Link ». Topics: Oracle, Mercer, Silkroad, Alight, Paycor, Paychex, Aon, Willis Towers Watson. Well neither of us are traveling because travel is restricted right now. Fears for Dublin jobs as Oracle believed to be cutting 1,300 roles Link ».

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs. This includes metrics such as enrollment rates, claims data, and employee feedback. This can help employees maintain a healthy work-life balance and improve their well-being.