Your Monthly HR Newsletter

Due to economic uncertainty, companies are being cautious with hiring and salary planning for 2025. They are focusing on targeted hiring, adjusting salary budgets, and implementing measures to cope with the current economic conditions.

As corporate boards meet to discuss strategy, including any changes to executive compensation, there are key trends to consider for the year ahead.

Without federal paid leave laws in the U.S., employers lack guidance for equitable and comprehensive leave programs. Looking beyond compliance to focus on strategy and values will help create fair and well-designed policies.

With a future-focused approach to talent strategy and by leveraging innovative human capital solutions and strengthening organizational culture, food, agriculture and beverage businesses can revitalize their reputation and gain the skilled workforce necessary to drive future success.

Aon’s 2024 North America Pay Transparency Readiness Study reflects feedback from more than 600 HR and rewards professionals to understand how they are approaching an increasingly complex regulatory landscape.

Aon has conducted this study to assess the readiness of North America-headquartered organizations in addressing local and global pay transparency legislations.

The study covers topics such as:

• Identifying the critical factors driving a stronger focus on pay transparency issues;
• Developing an effective communication strategy around pay transparency;
• Understanding how organizations are communicating pay ranges when recruiting for open positions; and
• Recognizing the importance of a robust and analytical job evaluation methodology.

Download it here!

Relative TSR, which remains to be a high preference among the investor community, continues to be an alternative for companies struggling to set goals in this uncertain economic environment, and has shown to be a metric that can withstand some of the broader market events, especially with a representative peer group. To help address this need, we are proud to share with you our 2024 Global Relative TSR Plan Survey, featuring input on over 300 participating organizations and provide you with meaningful trend data, market prevalence information, and analyses on these plans.

To kick off the year, Total Rewards Trendcast Webinar Series presents a special one-hour edition featuring Aon leaders Lambros Lambrou , Brooke Green , Farheen Dam and Jennifer Brasher . Lisa Barra will host a panel discussion on the emerging trends expected to shape the market in 2025. Join us on January 15 for "The Top Five HR Trends to Watch for in 2025." Register today: Aon | Webinar Registration

Rachel Fellowes, Chief Wellbeing Officer at Aon hosts a special series on resilience called Better Being. We hear from her guest Christina Maslach, a distinguished psychologist and a pioneer in the field of burnout research.