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Rewards Solutions Newsletter | November 2020

In this issue, we look at year-end executive compensation planning across the globe. Next, we examine life sciences talent and pay trends in the UK and China and open registration for our U.S. total rewards webcast. Also, don’t miss our infographic on performance management trends during COVID-19 recovery — the latest in our series on how companies are supporting employees during recovery.
Five Ways Data & Technology Can Help Manage Employee Rewards for a Changed Workforce 

In the face of the challenges and disruption caused by COVID-19, businesses have an opportunity to rethink their HR strategies to meet short- and long-term needs. Here are five tips for navigating and embracing change to secure a positive future. Read More
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ISS’ preliminary FAQs provide some guidance for companies preparing for the upcoming proxy season as year-end compensation and program decisions are being made.
Ipad screen with bar charts

The Latest Trends in Incentive Plan Design as Firms Adjust Plans Amid Uncertainty

Amid business uncertainty, companies are looking to mitigate performance and payout volatility through the use of non-financial metrics, wider performance ranges, flattening pay curves and more.
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ipad screen

Many companies have discretion in equity award agreements to maintain flexibility during times of uncertainty. However, too much discretion allowed within the plan, or exercising upward discretion, can potentially trigger unanticipated and punitive accounting ramifications that could be avoided.
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Six Year-End Considerations for UK Financial Services Remuneration Committees

Investors are keenly focused this year on how remuneration committees exercise discretion, connect pay to performance and disclose key pay actions. Firms should scenario plan, anticipate curveballs and prepare for stakeholder discussions.
Pills and medication

Despite increased U.S. trade restrictions, China remains a key market with strategic importance for foreign pharmaceutical and medical device companies, many of whom anticipate making additional investments in their business and human capital.
glasses reflecting pharmaceutical apparatus

European Life Sciences Firms Address Pay Implications of Cross-Border Talent

With a more remote workforce, European life sciences firms are seeing an increase in talent moving within countries. As such, companies face pay-related questions, including cost of living, market pay and tax and accounting laws for individual countries.  
Rewards Solutions Spotlight: People, 
expertise and trending topics from our business leaders | Read Now
Data on a Computer Screen  
Life Sciences Total Rewards Update

During this complimentary webcast, our experts will discuss total rewards insights for life sciences firms, including inclusion and diversity initiatives, geographic pay differentials and year-end comp updates.

Date: December 10, 2020
Time: 10:00 a.m. PDT
Register Here
Infographics: Stats 
centered around employee support  

How Companies Are Addressing Performance Management During the Recovery Period

As recovery efforts continue, we reached out to more than 2,000 global clients for fresh insights with our COVID-19 HR Pulse Survey: Accelerating Workforce Agility and Resilience. Here’s a snapshot of what we found, with a focus on performance management. Read More


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About Rewards Solutions

The Rewards Solutions practice at Aon empowers business leaders to reimagine their approach to rewards in the digital age through a powerful mix of data, analytics and advisory capabilities. Our colleagues support clients across a full spectrum of needs, including compensation benchmarking, workforce and pay modeling, and expert insights on rewards strategy and plan design.

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