Understanding how to make the most of your investments in compensation, retirement and benefit plans helps create a more efficient organization. The trick is doing it in a way that reduces expense in your total rewards program, with minimum impact to employee engagement, productivity and turnover.
White Papers and Articles
This is an ideal time for companies to examine whether their existing multinational pooling arrangements are delivering the maximum savings, or whether a multinational pooling arrangement is now the best option.
Recent changes in funding requirements and financial reporting have brought increased attention to frozen pension plans. Coupled with recent market turmoil, there is increased interest in finding better ways to move these single employer and multiple employer qualified plans to full funding.
Each spring and fall, Aon Hewitt publishes its updated health care trend data. The Spring 2009 survey results are useful for evaluating health insurance premium renewals and developing self-funded health plan claim projections.
Are your employees able to retire? If not, when? How do their contributions affect retirement readiness? These are the questions employers are facing as baby boomers continue to leave the workforce, and as retirement education and preparation falls increasingly on employers' shoulders.
The ways in which pension benefits are delivered in different European countries is diverse, from fully-funded defined benefit models in Ireland, the Netherlands, and the UK, to fully insured defined contribution arrangements in Scandinavian countries. Find out what Aon Hewitt's European leaders have to say on local issues affect pension provision in 11 countries.
A look at benefits and talent management practices and challenges across Canada in five key areas: health care, retirement, talent management, communications, and outsourcing.
CFOs are scrambling to lower costs and gain financial control in all areas of their organizations. One way to craft new solutions in the HR area is the use of employee benefit coalition purchasing alliances to leverage market power.
At the midway point in 2009, is it time to switch gears from survival mode to planning for an eventual upturn with our compensation strategies?
For more than two decades, employers have helped their employees accumulate wealth for retirement by sponsoring DC plans, mainly in the form of 401(k)s. As more individuals become aware that their personal savings and 401(k) accounts play a meaningful role in their retirement security, thoughts turn to the next phase of retirement, the income phase.
Most plan sponsors have operated on the "honor system" for the past 30 years when adding dependents. While this is an extremely employee-friendly outlook, it can lead to significant costs when employees add ineligible dependents to benefit plans or don't report changes in dependent status.
There has been lots of talk about increasing salaries in financial institutions. This is particularly surprising given that relative performance is, for the most part, declining. Since the people raising the issue are neither naive nor stupid, there must be a method behind the madness. When you scratch the surface there are some very good reasons.
Captives are widely-used enterprise risk management solutions that can produce attractive alternative risk-transfer options for companies.