United Kingdom

Life Science & Technology

Radford delivers compensation data and advice to technology and life sciences companies. As part of Aon Hewitt's Talent, Rewards & Performance business, we empower the world's most innovative organizations to hire, engage and retain the talent they need to do amazing things.

The market for technology and life sciences talent is global and your compensation survey should be too. Whether you're an emerging start-up or an established multi-national, a pre-commercial biotech or a leading pharmaceutical, you'll benefit from a global survey platform spanning thousands of executive, technical or scientific and business roles.

Radford's compensation surveys currently house information for more than seven million executive, employee and sales incumbents working in 80-plus countries for more than 2,850 organizations.

Leveraging full-census employee submissions, Radford's workforce analytics platform tracks $303 billion in annual compensation spend at 610 firms to deliver critical business insights and workforce metrics.

The Radford Network℠ - our online portal for survey clients - is currently used by 12,000 people each month to download survey results and access trends reports, training and thought leadership.

The rewards consulting team at Radford supports more than 450 technology and life sciences clients each year by designing rewards programs for directors, executives, employees and sales staff.

Today, we advise in the key practice areas below:

Executive Pay & Governance

We partner with boards, compensation committees and business leaders to help guide their approach to setting pay. This includes defining compensation philosophies, developing executive and director rewards programs, managing risk and keeping clients up-to-speed on the latest governance best practices.

Employee Rewards & Career Strategies

Our consultants work with human resources leaders to create effective employee rewards and recognition systems. We help clients plan for future workforce needs and design the innovative compensation plans they need to achieve strategic goals. We also build career paths to grow and retain top talent.

Sales Compensation & Effectiveness

Your sales team exists to drive business growth, but it also needs to be profitable at the same time. We help companies maximize their sales force investment through competitive benchmarking, incentive plan design, best practice assessments, organizational modelling and sales productivity analysis.

Private to Public Transitions

With 40-plus years of highly focused expertise in the technology and life sciences sectors, we know what it takes to go public. From executive compensation to equity plan design, we work with boards, business leaders and investors to transition rewards programs from private to public environments.

Equity Strategy & Plan Design

From dilution management to the creation of advanced performance-based equity programs, we keep technology and life sciences firms ahead of the curve on equity plan design. Our vast data resources allow us to fully vet key design issues, including competitiveness, vesting, eligibility and plan governance.

Short-Term Incentive Plan Design

We work with business leaders to design short-term incentive programs for executives and employees. Our work always includes careful, data-driven consideration of key factors like employee motivators, market competitiveness, metric selection, goal setting, risk management, eligibility, and implementation costs.

Founded in Silicon Valley in 1975, Radford is exclusively focused on providing compensation insights to technology and life sciences companies. With colleagues located in many of the world's leading innovation hubs - including Boston, Chicago, London, San Francisco, San Jose and São Paulo - Radford has helped high-growth organizations in fast-paced industries hire, engage and retain critical talent for 40+ years.

 

Click here to visit the Radford website.

 

Aon Consulting Limited is authorised and regulated by the Financial Conduct Authority.

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