60%
Historically, HR teams spent 80% of their time on operational tasks. Today, HR teams are spending as much as 60% of their time on strategic initiatives.
Human Capital
Making Better People Decisions
Improve the Health, Productivity, and Performance of Your People
People are an organisation's most valuable asset, largest cost, and also a major source of risk— therefore, getting your people strategy right can often be the difference between success or failure.
Unfortunately, in the face of rapidly rising healthcare costs, growing retirement savings gaps, fierce competition for talent, ongoing technological change and unprecedented shifts in workforce behaviours and expectations, organisations are struggling to develop the comprehensive human capital strategies they need to compete in an increasingly volatile world.
Our Human Capital products and advisors help clients navigate today's most pressing people challenges to create a healthier, more productive, and higher-performing workforce.
Enabling Better Decisions
Faced with new and interconnected workforce challenges, human resources leaders and their teams are rapidly evolving into critical business partners tasked with advising boards of directors and senior executives on an ever-changing people landscape.
Historically, human resources functions spent 80 percent of their time on administrative or operational tasks. Today, these same teams are spending over 60 percent of their time on strategic initiatives that fall into two equally important categories.
First, there are areas of increased importance adjacent to traditional human resources responsibilities, like boosting employee engagement, reimagining employee value propositions and strengthening total rewards strategies. Next, teams face a whole new category of work that reflects the changing nature of the employee dynamic, including managing the adoption of artificial intelligence, tackling rising healthcare costs, and dealing with pay equity and pay transparency, among many other topics. All of these items, both traditional and emerging, are now high on boardroom agendas.
Our actionable analytics and connected solutions, spanning every aspect of an organisation’s people strategy, help clients make better human capital decisions in these areas and more.
Comprehensive Capabilities Across a Spectrum of Solutions
Health and Benefits (10)
10 Solutions
We believe taking care of your people’s health, with purpose, is taking care of your organisation.
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Employee Benefits Benchmarking
Comprehensive benefits benchmarking helps employers understand how competitive their health and benefits offerings are and how their cost drivers and health outcomes compare to their peers, providing valuable insight into areas of strength and opportunities to improve.
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Global Benefits
Multinational companies face unique challenges in managing employee benefits. Our specialists help design, develop and deliver employee benefit programmes for multinationals that optimise the employee experience while balancing costs and operational objectives.
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Employee Benefits Consulting and Broking
An employee benefits consultant and broker can help you achieve your benefit goals related to controlling costs, ensuring compliance, attracting and retaining talent, and reducing administrative burden.
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Employee Benefits Engagement
We provide innovative solutions and tools that make it easier for employees to learn about their benefits and make better benefit decisions, positively impacting employee health and wellbeing, as well as maximising return on benefits investment.
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Employee Benefits Enrollment
Aon provides solutions and tools that make it easier for employees to learn about their benefits and make better benefit decisions, positively impacting your employees' financial and emotional wellbeing.
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Equity in Employee Benefits
Aon supports companies in designing employee benefits plans, programmes and services to deliver on their Diversity, Equity and Inclusion (DEI) strategies and objectives.
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Executive Benefits
Executive benefits are a thoughtful and strategic approach to creating attractive packages for key personnel. Not just for executives, these programs are structured to provide sufficient income protection and retirement savings for employees earning above the group or qualified plan limits.
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Executive Benefits for Law Firms
Executive benefits for law firms are a thoughtful and strategic approach to creating attractive packages focused on supporting the unique needs of law firms.
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Online Benefits Platforms
In today’s digital world, organisations need a compelling online benefits experience that appeals to multiple generations and attracts and retains talent. Online benefit platforms enable companies to deliver their benefits strategy effectively with a great employee experience.
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Voluntary Employee Benefits
Voluntary benefits offer valuable coverage for health and care, financial wellbeing and personal protection. Voluntary benefits can help offset out-of-pocket medical costs, fill in the gaps in the event of death or disability, or protect from identity theft or legal vulnerability.
Pensions and Retirement (10)
10 Solutions
As a leader in pension and retirement strategies, we partner with you to create solutions that aim to enhance financial security and deliver better outcomes.
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Defined Benefit Investment Strategy
Our defined benefit investment consultants provide portfolio management, alternatives consulting, manager research and investment policy services.
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Defined Contribution Investment Strategy
Our defined contribution investment consultants assist with the selection of investment options and will help your organisation monitor fund manager performance.
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Employee Financial Wellbeing
Organisations can influence employee financial wellbeing and improve overall workforce resilience by offering retirement and health benefits, support in obtaining retirement income, tailored financial education and planning and guidance on achieving non-retirement savings goals.
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Fiduciary Governance Services
Fiduciary governance services are a suite of solutions delivered to defined benefit and defined contribution plan fiduciaries through our Consulting Practice, a team of specially trained colleagues.
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Risk Management and Compliance
Trustees of occupational pension schemes are responsible for ensuring that plan controls, policies, safeguards, and practices are compliant with pensions legislation and the provisions of IORP II.
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Pension Actuarial Services
Pension actuarial services include the guidance, valuations, analysis, data analytics and other advice provided by actuarial professionals for trustees and companies.
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Pension Administration
Pension administration is a service that involves carrying out the strategic decisions, record-keeping and actions required of defined benefit and defined contribution occupational pension schemes.
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Pension Risk Transfer
A pension risk transfer transaction can benefit an organisation looking to de-risk and redirect resources to its primary business activities while upholding legacy obligations to plan participants.
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Master Trust
A multi-employer, occupational pension plan, where each employer has its own section, delivering excellent pension governance to comply fully with current, and continuously evolving, regulatory requirements and ensuring members' interests are front and foremost at all times.
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Severance Programme Management
Combining bespoke technology solutions with Retirement, Actuarial and Financial Planning expertise providing full end-to end severance support that leads to efficient delivery of client and member objectives.
Talent and Rewards (14)
14 Solutions
Let's partner to build a winning workforce strategy that attracts and retains the people you need to drive business results―now and in the future.
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Corporate Governance and ESG
Engage our expert team, including former proxy voting analysts, to navigate both complex and routine board of director, ESG, investor and proxy advisory firm challenges and policies.
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Equity Compensation Services
Partner with our team to address all of your technical equity compensation needs, from plan design and communication to tax and valuation assistance to financial reporting requirements.
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Executive Compensation
Partner with our experienced consultants to design competitive executive compensation and benefits programs to attract, incentivise and retain high-performing leaders.
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FAQs for Assessment Takers
Have you been invited to complete an assessment? Here you can prepare for your Online Assessment.
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Job Architecture
Partner with our advisors to align your organisation's job roles, job responsibilities, and compensation policies to business goals and objectives via a globally consistent job architecture framework.
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Pay Equity
Partner with our team to complete your next pay equity audit, close pay equity gaps, and build a sustainable pay equity strategy for your entire organisation.
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Pay Transparency
Engage our team to make pay transparency compliance a reality for your organisation, including reinforcing job architectures, closing pay equity gaps, and meeting regulatory requirements.
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Radford McLagan Compensation Database
Benchmark pay, assess plan design practices, and access actionable talent analytics for thousands of unique job roles across more than 9,000 participating organisations.
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Sustainable Manager Programme
Empower and develop your managers to build a sustainable workforce.
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Talent Assessment Tools and Solutions
Use robust and reliable psychometric talent assessment tools and solutions which integrate with over 80 applicant tracking systems.
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Talent Development and Retention
Unlock the potential of your workforce and create an engaging employee experience.
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Talent Selection and Hiring
Attract, select and hire the right people by understanding skills, potential and behaviours for success.
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Total Rewards
Let's partner to create a total rewards strategy that allows your organisation to attract and retain the workforce of the future and supports the ongoing growth of your business.
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Workforce Skills
Connect with our team to build, manage and optimise a workforce skills strategy and framework for your ever-evolving organisation. Also learn more about SkillsGraph, our dynamic workforce skills library.
- Corporate Governance and ESG
- Equity Compensation Services
- Executive Compensation
- FAQs for Assessment Takers
- Job Architecture
- Pay Equity
- Pay Transparency
- Radford McLagan Compensation Database
- Sustainable Manager Programme
- Talent Assessment Tools and Solutions
- Talent Development and Retention
- Talent Selection and Hiring
- Total Rewards
- Workforce Skills
Addressing today’s most pressing workforce challenges requires thinking beyond traditional silos.
Making Better People Decisions
At Aon, we combine our health, wealth and talent expertise to help clients accelerate their workforce strategy.
Unlocking Innovation
To thrive in this new reality, clients must be better informed through actionable people analytics and better advised through connected people solutions. By bringing our health, wealth and talent expertise together, we are unlocking innovation in the human capital space to better serve our clients through:
Actionable People Analytics and Insights
Every day, we leverage our extensive and in-depth workforce information — including world-class benefits, healthcare, retirement and rewards data — to help clients obtain the holistic human capital insights they need to optimise workforce investments. To learn more about our approach and expanding data and analytics product suite, explore our Human Capital Analytics capabilities.
Connected People Solutions
Addressing today’s most pressing workforce challenges requires thinking beyond traditional silos to develop comprehensive human capital solutions. Simply put, you can’t manage rising healthcare costs, address pay transparency, reinvent total rewards or optimise your workforce without looking across your people programmes and strategy. Together, our teams help clients make these vital connections so they can identify, attract and retain the talent required to maintain and accelerate business growth in the future.
Expertise Across Today’s Risk and People Issues
At Aon, we’ve been on a decade-plus journey to connect our global capabilities so we can address our clients’ top priorities more effectively. Through our global expertise across two key areas of need ― Risk Capital and Human Capital ― our clients are better advised within, and across, their risk and people strategies.
All risks have a human element. From tackling supply chain disruptions to building sustainable cyber resilience to rethinking location strategies as weather patterns intensify, organisations need highly engaged and healthy workforces with the right skills to respond to and manage volatility.
By providing products and capabilities that help clients address their interconnected needs, Aon’s Risk Capital and Human Capital colleagues use the firm’s data-driven insights and solutions to enable organisations to make better business decisions and prepare them for the future.
