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As organizations begin to rethink their workforce needs in light of the changing economic realities arising from the COVID-19 crisis, there are a host of short- and long-term implications they will need to consider as they analyze and optimize workforce costs. Now more than ever, companies are facing unprecedented challenges to manage workforce costs and talent. To address these challenges and help clients make informed decisions, we’ve designed our Talent Impact Modeler to help organizations going through the recovery and stabilization process in the aftermath of the COVID-19 crisis by providing quick, pragmatic options for leaders as they contemplate different ways to optimize their people costs and understand the implications of their decisions.
Using the Talent Impact Modeler, you will be able to quantify and compare talent planning options using your own workforce data, as well as assess the impact of various cost-optimization measures and tailor your approach accordingly. Aon’s proprietary COVID-19 epidemiological model also allows you to understand the case incidences by state and its impact on your workforce decisions such as furloughs and return-to-work strategies.
Determine the impact of different talent levers on the cost-optimization targets of your business, including:
Information and Pricing Sheet
Managing Workforce Strategies in Times of Crisis Report How to leverage workforce analytics to successfully navigate three critical phases of responding to the COVID-19 pandemic
Talent Impact Modeler utilizes data from Aon’s COVID-19 Employee Impact Model, which generates future forecasts derived from historical information. The Employee Impact Model relies on publicly-available data from multiple sources, which are updated frequently, and which may not always agree with each other. The use of sources does not constitute or imply endorsement of the organizations or sources that provided the data. The model results are highly dependent upon a number of factors outside of Aon’s control. As such, Aon disclaims any and all representations and warranties with respect to data incorporated from the COVID-19 Employee Impact Model, including accuracy and fitness for use.
While the results generated by the Talent Impact Modeler process may be helpful in strategy development, any data, projections or other information generated by the Talent Impact Modeler analysis indicate only approximate estimates and should be used for informational purposes only. Client’s use of Talent Impact Modeler for any workforce planning strategy shall be at Client’s sole risk. Decisions regarding the implementation of any strategy require additional information, more precise calculations and specific data, along with the consideration of other factors not included in the Talent Impact Modeler tool.
See for yourself why the Talent Impact Modeler is the smart solution for evaluating the impact of the COVID-19 crisis on your workforce by navigating your talent planning and workforce cost options.
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