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3 Important Trends from the Latest Global Employee Engagement Report

Kazoo

The Aon 2018 Global Employee Engagement Trends report was just published, and if you are an HR professional or company executive looking for fresh, fascinating insights on employee engagement, look no further. — 2018 Global Employee Engagement Trends report. — 2018 Global Employee Engagement Trends report.

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How Leaders Can Use Recognition to Build High-performing Teams

Vantage Circle

Psychological Impact of Recognition on Employee Morale According to the report on R&R trends by AON, SHRM, and Vantage Circle , 3 in 4 companies are looking to leverage R&R programmes to drive behavioral change. To address this challenge, empower the direct reports or the managers to be the eyes and ears of recognition.

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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 So what does it all mean?

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Astronology®: 2020 Compensation Budgeting Forecast Part 2: Incentives, Bonuses, and Variable Compensation

Astron Solutions

The following is a summary of trends and survey reports impacting variable pay decisions in 2020. Aon (Hewitt Associates) [link]. Companies with double-digit revenue growth, however, almost all reported positive outcomes from their variable pay programs. Why incentive Plans Fail: They seek to change or control behavior.

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To give, or not to give? Navigating the 2023 merit pay dilemma.

HiBob

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. When it comes to deciding on merit increases , business leaders may find themselves facing a dilemma. To put it simply: It’s complicated. Only 14 percent of companies plan to institute a freeze.

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What's Going On Out There?

Compensation Cafe

Aon (including Radford ) just published data collected from April 7 to 10, 2020. 58% report that their Executive/Officer group is taking voluntary base pay reductions. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

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18 Benefits of HR Analytics For Your Business [With Examples]

AIHR

One example of this is when PNC bank’s HR team used HR analytics to better understand the risk of their incentive plans. Rolls-Royce enlisted the help of Aon to reduce their drop-out rate by implementing a shorter and more engaging assessment that identified the candidates with the most talent and potential.

Analytics 111