AON Bonuses and Incentives Meeting 
HiBob
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. One of the keys to meeting your people’s needs and keeping them happy , no matter what direction you take with merit pay raises, is being transparent and honest about the state of the business.
Compensation Cafe
APRIL 28, 2020
Aon (including Radford ) just published data collected from April 7 to 10, 2020. I think it would be useful to understand what's going on outside your doors, if only to help you feel more confident about the way you are handling the tsunami of challenges that you meet every day. Earlier, she was a Principal at Willis Towers Watson.
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Vantage Circle
JUNE 20, 2024
From spot bonuses to annual vacation rewards, we'll explore various creative ideas designed to boost your team's morale, motivation, and productivity. Aon recommends allocating 0.25%-3% of your total HR budget. Spot Bonuses Spot bonuses recognize and appreciate employees' exceptional efforts right on the spot.
Astron Solutions
FEBRUARY 8, 2022
We’ve also seen many states respond to this movement by adjusting their minimum wages to gradually meet this limit. Certain companies such as Costco and Target have already set their own minimum wage to meet or go beyond $15 per hour. Sounds good. But is that all? What other strategies can employers take? Four Strategies to Consider.
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.
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.
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. Special perks like Friday yoga or in-chair massage, retention bonuses, and large cash incentives for employee referrals may be critical components.
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