Something Different

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The Importance of Helping Employees Visualize Mission When Implementing Change

Something Different

…I share the above story after reading a fantastic Aon Hewitt blog post titled “ Why Retirement Models are Perfect, While People are Not. …During the summer of one of my first HR internships, my HR manager told me a change management story that has stuck with me ever since. If so, why? Please share your thoughts in the comments section below. Best, Rory.

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A Few Thoughts on Utilizing Lump Sum Windows as a Pension Risk Management Strategy

Something Different

<www.linkedin.com> …So this evening I read another great white paper from Aon Hewitt on retiree lump sum windows. The strategy can make sense for employers because it allows them to reduce long-term liabilities, while it can add value for employees by giving them greater flexibility in how they manage earnings in retirement. Morbid, I know. expectancies. 1. Best, Rory.

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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% So what does it all mean? And if they would prefer the former, to what extent is this shift impacting morale?

The Increased Prevalence of DC Pension Plans is Going to Change the Way We Retire. How to Prepare?

Something Different

<www.forbes.com> …Okay, so this evening I was reading a white paper from Aon Hewitt (you can find it here ) that states the following: One of the key findings from this research is that there appears to be a welcome sense of realism among employees about their retirement prospects. Only just under half of the sample expected to be. This is heady stuff. workforce! Best, Rory.

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Aon Hewitt Think Tank: Let’s Talk Leadership

HRE's The Leader Board

Panelists discuss leadership trends at Aon Hewitt’s Top Companies for Leaders Think Tank event. spots on Aon’s latest Top Companies for Leaders list, respectively.). Photo courtesy of Frank Mari. Each year, our “What’s Keeping HR Up at Night” survey asks HRE readers to share some of the challenges that keep them counting sheep in the wee hours. At IBM, the Armonk, N.Y.-based

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[slideshare] a call to greatness: why chasing employee engagement is thinking too small

O.C. Tanner

We recently studied attraction and engagement insights and models from industry leaders including: Aon Hewitt, Deloitte, Gallup, and Towers Watson, to discover the six attributes of a culture that inspires engagement. Engagement Slideshares aon hewitt boosting employee engagement deloitte employee engagement engagement gallup insights O.C. But how? Tanner.

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Want to Increase Employee Engagement? Communicate Meaning & Value of Work

RecognizeThis!

Today, I’m following up with how to increase employee engagement based on the latest from Aon Hewitt. Last week Aon Hewitt released its 16 th Annual Best Employers in Canada list. What mechanism does Aon Hewitt use to determine employee engagement? Aon Hewitt surveys employees at participating companies, determining engagement levels based on its “Say, Stay and Strive” model.

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3 In 5 U.S. Workers May Need To Work Past Age 65

HR Daily Advisor

A new analysis from Aon Hewitt, the global talent, retirement, and health solutions business of Aon plc, reveals that most workers will likely be working longer to save enough to maintain their standard of living in retirement. Aon Hewitt’s analysis of 77 large U.S. Aon Hewitt finds most workers are coming up short when it comes to preparing for retirement.

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the journey to cultural greatness [slideshare]

O.C. Tanner

Tanner has partnered with Aon Hewitt to bring you the latest insights into building a strong culture of employee recognition. Culture Slideshares aon hewitt building a better corporate culture corporate culture effective employee recognition programs employee recognition slideshareThe Journey to Cultural Greatness from O.C. Tanner.

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sustaining your recognition program for continued success: webinar recap

O.C. Tanner

Neil Shastri, head of the Global Insights & Innovations team at Aon Hewitt, and Gary Beckstrand, the Vice President of the O.C. Tanner Institute, teamed up to deliver our informative and insightful March webinar : “The Next Steps: How to Sustain a Recognition Program for Continued Success.”. It’s a topic on the minds of many HR leaders. Give yourself time to plan out your unique roadmap.

Kronos – The “Non-Stop” Tour

Working Smarter Cafe

Uncategorized AONE HIMMS Kronos Healthcare The Rolling Stones are touring North American stadiums again this summer. Why,” I wonder. They do not need the money. Mick Jagger has a reported net worth of over $300 million. think an Occam’s Razor answer fits here. They just love to get out there and play for their fans old and new. The […].

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Finance in the Cloud: Why the Conversation Has Changed

Workday

The cloud has become the preferred choice for HR and CRM applications, and we’re now seeing large, global enterprises select the cloud for finance including Aon and Cushman & Wakefield. Finance Allied Global Aon business growth cloud Cushman & Wakefield customers finance Workday Financial ManagementIn my role, I spend a lot of time discussing how finance in the cloud has evolved. As I look ahead at this year, I realize those conversations have fundamentally changed. Now the conversation has moved beyond debating “Why cloud?” The cloud is good for growth.

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4 tips for successfully ushering in new HCM technology at your office

Ceridian

Uncategorized #HRTechConf Aon Hewitt change management HCM HR HR technology human capital management Human resources SHRMIs your HCM in need of a makeover? Visit Ceridian at Booth 1923 at the #HRTechConf for a demo of our single solution for human capital management, Dayforce.  When it comes to human capital management, the best and brightest organizations out there are regularly introducing new technologies that make HCM tasks smoother and more efficient. […].

is recognition the duct tape in your talent management toolkit?

O.C. Tanner

Tanner and Aon Hewitt found that increasing engagement, improving retention, and driving employee performance are all common outcomes of recognition programs. What comes to mind when you hear the words ‘Talent Management’? Engagement? Retention? Employee performance? Think again. Not engagement programs, not compensation, but recognition. The fifth was project-based performance.

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Tomorrow’s CHROs Will Be Career HR Professionals

TLNT: The Business of HR

recent study by Aon , which captured insights from 45 CHROs at leading global organizations, revealed that more than half are not career HR professionals. Many current chief human resource officers (CHROs) have professional backgrounds outside of HR. Of these, approximately a third had no background in HR prior to assuming their current CHRO position. HR Management Leadership

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Are You Planning on Giving Minimum Wage Workers a Pay Raise?

HR Daily Advisor

Despite recent reports showcasing organizations that are increasing employees’ pay above the minimum wage, new research from Aon Hewitt, the global talent, retirement, and health solutions business of Aon plc, reveals that 72% of organizations with minimum wage employees currently do not have a plan to pay those employees above the mandated rate. Learn more now! Redefining work (23%).

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5 Characteristics of Companies with Top Leaders

Data Solutions International

HR consulting company Aon Hewitt recently released its list of the top 25 companies for leaders.

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The Leadership Linchpin – Insights from AONE 2014

Cielo HR Leader

This past week, a congregation of those capable executives descended on Orlando to attend the  AONE 2014: Inspiring Leadership conference. As a healthcare executive who was fortunate enough to attend, I was particularly impressed with AONE’s approach to inspiration this year. But I was most moved by the metaphorical emphasis on the meaning of  leadership.

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Retirement Planning: The Gender Gap Persists

HRE's The Leader Board

As I sat this morning reading a press release summarizing new Aon Hewitt research, it felt like Prost’s story could have just as easily been written in 2016. based Aon Hewitt found that 83 percent of women aren’t saving enough to meet their needs in retirement, compared to 74 percent of men who feel they aren’t putting enough away to live comfortably after leaving the workforce.

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Are Annual Raises Dead? Only If You Don’t Want to Gain a Competitive Advantage

TLNT: The Business of HR

An article last week from CNBC , with data from  Towers Watson  and Aon Hewitt, showed that the annual pay raise is essentially dead (and in Towers Watson’s case, bonus pools will also be underfunded).

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Money Matters: Is Employee Financial Wellness an Employer Concern?

Ceridian

2014 AON […]. By Karen Viveiros, Communications Manager, Ceridian Money. Credit. Financial strain. Unforeseen financial emergencies. Retirement fears and doubts. To most of us, topics like these are deeply personal and typically not suitable for open, candid discussion. However, employers are becoming increasingly concerned with employee financial wellness, and increasingly committed to supporting it. Health & Wellness Ceridian LifeWorks EAP employee assistance program financial health financial wellness Wellness Program

Who’s Leading the Way?

HRE's The Leader Board

But, each year since 2001, Aon Hewitt has done its best to pinpoint the traits shared by the best business leaders—and the companies that excel in cultivating them. According to Aon Hewitt’s analysis , the top companies for leaders shared five key characteristics in their approach to leadership: Assessment. Identifying what makes for a great leader isn’t an exact science. Awareness.

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From the Empower Wire – HR Roundup 1.26.15

Empower Software

Aon Hewitt recently revealed that a majority of companies are now offering automatic features in their 401(k) plans to ensure their workers are saving enough for full company matching contributions throughout… Empowered Thinking Blog Content Misc Uncategorized Autosave: survey finds most companies are improving automatic 401(k) plans for worker savings 401(k) savings are becoming a priority, and not just for workers.

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Bridging The Gap Between HR And Business Outcomes

Get Hppy

Shaswat Kumar, partner, Aon Hewitt via Business Standard. With the new technological advancements in people analytics, it’s becoming increasingly important for HR to strategically integrate with the business and operate efficiently. However, the success of these integrations has be measured by linking HR and business outcomes. HR conversation, however, was merely anecdotal. under C.C.

2016 Global Medical Cost Increases Expected to Be 2.5X Higher than General Inflation

HR Daily Advisor

A new report from Aon Hewitt estimates that the average cost increases for employer-sponsored medical plans globally will be 9.1% in 2016—5.5 According to Aon, projected trend rates are expected to vary significantly by region. Benefits 2016 Aon Hewitt Middle East North Americapercentage points higher than the global average projected inflation rate of 3.6%. Read More.

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Millennials Want To Be A Part Of Something

Madison

At least that’s what a report from Aon Hewitt says. Almost half of all Millennials plan to actively look for a new job in 2015. Many younger workers feel socially disconnected in the workplace. The difference between what they want and what they often experience is negatively impacting their engagement and retention. It’s why many have already started looking elsewhere.

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How to Communicate About Your EAP More Effectively

Winston Benefits

According to a report by Aon Hewitt , employee use of EAPs can range from 1 to 15 percent, depending on the company. Your employees face a lot of stresses at work — deadlines, production quotas, interacting with co-workers. They may also be facing all kinds of problems that don’t have anything to do with work but that affect the quantity and quality of their production.

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Designing Effective Employee Engagement Activities

Get Hppy

Aon Hewitt’s 2015 Global Trends in Employee Engagement report identified employee value proposition as being an increasingly important driver (3% more important than the previous year), along with innovation. Whether you’re the CEO of a small startup, or the leader of a large company, employee engagement should be one of your priorities. How do you make engagement happen? Source.

Creating a Culture of Engagement (Webinar)

APQC

Guest webinar speaker Don MacPherson, co-founder of Modern Survey and now a Partner in Aon's Talent Practice: read more. Learn approaches for addressing and boosting employee engagement. Find out why involvement of the organization as a whole--leaders, HR, and individual employees--is crucial in creating a culture of engagement. Human Capital Management Motivation Employee Satisfaction and Engagement Presentations 6.4 Reward and retain employees 6.4.1 Develop and manage reward, recognition, and motivation programs 6.4.1.6 Reward and motivate employees 6.4.3.3

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Chad Atwell Podcast – What you wish someone had told you…

What is Paul Thinking

He is also a Faculty member at WorldatWork teaching C4 Base Pay Administration, C12 Variable Pay and C17 Market Pricing and has also worked with Aon, Qwest Communications, Chipotle Grill. Continuing my podcast series addressing advice you wished someone had given you early in your career we talk with Chad Atwell. Someone with that pedigree SHOULD be giving advice. You need help.

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DisruptHR Chicago: Sponsor Spotlight with Hanold Associates

HR Gazette

Before Nielsen, Neela had a progressive career within Aon Corporation. Upon joining in 2006, she served as the Vice President of Executive Talent Acquisition and Development where she focused on strategic senior level hires across Aon Consulting Worldwide and Aon Risk Services. In 2007, she was promoted to Vice President, Global Head of Human Resources for Aon Re Global.

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The Role of Communication in Employee Experience and Employer Branding

TalentCulture

recent study by AON Hewitt on global employee engagement trends shows a -26 percent downward slope in overall work experience between 2013 and 2014. Despite the downward trend in work experience globally, AON Hewitt discovered reported that work experience is looking optimistic. Slack, an internal communications platform designed to improve workplace communications, grew to a $1.1

Are Managers Cutting It As Coaches?

HRE's The Leader Board

In late June of this year, I was dispatched to General Electric’s famed Crotonville campus in Ossining, N.Y., to attend Aon Hewitt’s Top Companies For Leaders Think Tank. My main objective there was to meet one-on-one with representatives from some of the 25 companies that were on hand to be recognized as one of Aon Hewitt’s “Top Companies for Leaders.”. Share on Facebook Twitter It!

Creating a Culture of Engagement (Webinar Wrap-up)

APQC

The guest presenter, Don MacPherson, co-founder of Modern Survey and partner at Aon's Talent Practice, outlined the various roles necessary to create a culture of engagement, focusing on responsibilities for the organization, leadership, and the employee. APQC’s May 2016 Human Capital Management webinar focused on understanding the drivers of employee engagement and how organizations can improve by building cultures of engagement. He also outlined some general concepts for improving employee engagement. read more. Reward and retain employees 6.4.1 Reward and motivate employees 6.4.3.3

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Half of Workers Open to Leaving Current Employers

HRE's The Leader Board

That’s according to Aon Hewitt’s latest Workforce Mindset study , which surveyed 2,000 employees. What As you walk through the cubicle farm/office maze/factory floor of your organization, know this: More than half the people you’re passing are open to finding a new job elsewhere, and of those employees, 44 percent are actively looking for new jobs. So what to do?

Trading PTO for Perks

HRE's The Leader Board

based Aon Hewitt. It happens all the time: The end of the year rolls around, and busy employees find themselves with handfuls of unused vacation days, and too much work to feel good about cashing them in. But what if they could still get something of value in exchange for that paid time off? A new start-up is enabling employees to do just that. Share on Facebook Tweet This!

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How to rehabilitate disengaged employees

Achievers

An extensive  report on disengagement  by AON Hewitt notes that the leading aspects of job engagement for millennial workers are career opportunities, good manager performance, company reputation, pay scale, and good communication. percent were “actively disengaged.” Signs of disengagement in employees. How to rehabilitate a disengaged employee.