Newly combined platform enables HR and total rewards leaders to
benchmark pay, assess plan design practices and access actionable
talent analytics
CHICAGO, Aug. 29,
2024 /PRNewswire/ -- Aon plc (NYSE: AON), a
leading global professional services firm, today announced the
launch of its newly integrated Radford McLagan Compensation
Database to significantly expand its analytics capabilities for
Human Capital clients. This move brings the firm's market-leading
compensation and talent insights in the financial services, life
sciences and technology sectors together on a unified platform,
along with data from many other industries.
Collectively, more than 8,000 client organizations will now
leverage the combined Radford McLagan Compensation Database to
benchmark pay, assess plan design practices and access actionable
talent analytics spanning more than 30 million employees working in
over 100 countries across thousands of unique job roles.
"Boards, corporate executives, HR leaders, total rewards
professionals, and governments around the world all rely on our
data and analytics to make critical workforce decisions with
confidence and today's announcement gives these clients the widest
possible view of the global marketplace for talent," said
Michael Deeks, head of integrated
solutions and innovation for Aon's Human Capital capability.
"Bringing this data together creates an incredible platform for
expanded analytics on what it really takes to attract, retain and
engage people in today's volatile business landscape."
Through the Radford McLagan Compensation Database, clients can
now access a growing collection of value-add analytics features,
including:
- Job Offers Data – View the latest pay trends in
fast-moving fields such as AI, data science and machine learning
with job offers data collected through applicant tracking
systems.
- Location Analytics – Compare talent availability,
compensation levels, and pay differentials around the world, an
important differentiator given the rise of remote and flexible
working models.
- Talent Intelligence – Harnesses the power of machine
learning to predict pay for jobs or locations where market data is
currently scarce.
- Talent Metrics – Monitor vital talent metrics to inform
compensation and workforce planning activities, including salary
increase budgets, turnover rates, and gender and ethnicity (U.S.
only) distributions, among many other items.
Visit Aon.com to learn more about the Radford McLagan
Compensation Database.
About Aon
Aon plc (NYSE: AON) exists to shape
decisions for the better — to protect and enrich the lives of
people around the world. Through actionable analytic insight,
globally integrated Risk Capital and Human Capital expertise, and
locally relevant solutions, our colleagues provide clients in over
120 countries with the clarity and confidence to make better risk
and people decisions that protect and grow their businesses.
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Media Contact
mediainquiries@aon.com
Toll-free (U.S., Canada and Puerto
Rico): +1 833 751 8114
International: +1 312 381 3024
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SOURCE Aon plc