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Rewards Solutions Newsletter | October 2020

 
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In this issue, we explore the human capital decisions and opportunities that arise from a more remote workforce — from geographic pay differentials to improving inclusion and diversity. Next, we look at how companies can proactively manage their ESG risks with so many third parties offering ratings and advice. Also, don’t miss our Spotlight conversation with Bosch’s executive vice president on how the firm is approaching COVID-19 recovery in China.
With a More Remote Workforce, U.S. Companies Must Rethink Their Hiring and Rewards Strategy 

As companies develop a comprehensive approach to managing their talent remotely, they need to examine adjusting rewards for location, redefining the employee value proposition and delivering on inclusion and diversity through different hiring opportunities. Read More
 
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To achieve success in the current environment, European firms must assess their location strategy at a macro level, explore new markets for talent and revisit site organization structures within their existing footprint. Here are some key points to consider along the journey. 
 
 
 
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To Deliver ESG Progress, Go Beyond The Ratings 

As investors’ interest in ESG has grown, so too have efforts to measure it. For companies looking to advance their ESG practices, it can be tempting to rely on ratings alone, but variances in methodology and evolving best practices mean that managing ESG initiatives to match scoring systems can be difficult at best. 
 
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Board leadership and pay varies depending on company size. Our research reveals trends in stock ownership guidelines, perks in decline, differences in pay design for CEOs and executive chairs and more. 
 
 
 
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New SEC Rule Requires First-Time Disclosure of U.S. Companies’ Human Capital Management 

The new rules are principles-based, but the SEC did give examples of what could be considered material and worth including. Companies will be well-served to start preparing for disclosure now.  
 
Rewards Solutions Spotlight: People, 
expertise and trending topics from our business leaders | Read Now
 
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2020 Technology Sector Compensation Trends Webcast

During this highly anticipated annual event, our industry experts will share top compensation trends in the technology industry, and discuss how the COVID-19 pandemic has altered compensation processes and rewards practices.

Date: October 15, 2020
Time: 10:00 a.m. PDT
Register Here
 
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How Companies Across the Globe Are Supporting Employees During Recovery
 
 

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, in late August. Here’s a snapshot of what we found, with a focus on time-off policies and childcare assistance. Read More

 

More Human Capital Insights

 

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The One Brief

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Rewards

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Assessment

 
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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