Without a competitive pay structure, companies struggle to attract and retain top talent. Staff turnover is expensive, and with remuneration typically representing one of the largest financial investments an organization will make each year, it is imperative that organizations get it right.
Aon's reward team relies on its fact based methodology to help clients design, develop and deliver effective reward programs that establish a direct connection between the organization's goals and objectives and an employee's focus and actions.
EMEA Allowances & Benefits Survey
Aon produces a variety of industry-specific remuneration surveys each year. Armed with extensive and up-to-date market data for different sectors and job families, we customize competitive pay analysis depending on the size, need, objectives and resources of your organization.
Our EMEA allowances and benefits survey provides detailed information on the amounts of allowances & benefits offered in the region such as housing allowance, children’s education assistance, home leave tickets and more.
MEA Sector Reward Surveys
Provides access to compensation and benefits practices within the following industries: FMCG, real estate, higher education, media, healthcare, quick service restaurants, financial institutions, telecom & EPC.
GCC Executive Compensation Survey
Provides access to compensation and benefits practices prevalent amongst executives and senior management across all industries and countries in the GCC.
Flexible or customized solutions
Aon can assist you in your remuneration benchmarking exercise, drawing from our experience, and wealth of market data. We can conduct competitive pay analysis for executive teams, strategic job families, an individual role or for the whole organization.
Our customized approach will help you gain a clear understanding of your organization's market position and the competitiveness of employees' remuneration packages. We can identify employees in your organization who are remunerated at a rate far higher, or lower, than the market norm. If required, we can offer solutions to close any gaps related to such practices and determine the cost to company to implement these recommendations.
Get remuneration right
Aon's advice can help your organization with:
market positioning: factors to consider when positioning the company-wide pay policy
fixed pay and benefits: types of flexible benefits applicable to job families and sectors; prevalence, cost and value of benefits
industry-specific reward information: such as in the mining and resources sector, where rosters and allowances are critical to a successful reward strategy
short and long-term incentives: type and prevalence of incentives, job family and employee group-specific incentives and sector-specific practices
pay mix: the proportion of fixed pay and incentives within the total pay mix and variations depending on employee groups and job families
strategic and customized analysis: depending on the needs of your organization we can design, develop and conduct special diagnostic analysis to find out more about the relationship between internal pay and gender equity, age, seniority or other factors within your organization.