Benefit Index®

What is Benefit Index? 

Aon’s Benefit Index is the premier tool for benchmarking the competitive value of benefit programs and modeling the impact of potential changes. Developed from one of the largest, most up-to-date benefit plan specifications databases in the U.S., Aon’s Benefit Index contains summaries of benefit plans from more than 1,000 organizations across a variety of industries, geographies, and company sizes.

How can Benefit Index Help with Employee Benefits Benchmarking?

Organizations use Aon’s Benefit Index tool to conduct employee benefits benchmarking studies, unlocking timely data to identify areas of improvement, future risk, and potential savings.

The Benefit Index database allows organizations to compare their benefit program to other organizations and demonstrate how their benefit programs currently stack up.

What Analysis Does Benefit Index Provide? 

For each benefit area Aon’s Benefit Index creates an easy-to-understand “speedometer” illustrating precisely how an organization’s benefits compare to the market and where they rank among peers. 

Organizations will see how each individual benefit program stacks up and how their overall package compares against chosen competitors. A Benefit Index study can focus on salaried, hourly, or part-time employee benefits, and will include: 

• Quantitative benchmarking on each benefit area compared to a custom comparator group
• A comprehensive report with detailed commentary on the benchmarking analysis
• A delivery meeting often led by an industry expert to discuss opportunities, trends, and best practices
• Access to Benefit SpecSelect™, Aon’s interactive web-based tool with detailed plan design information for over 1,000 organizations