Press Releases
Chicago and Waltham, MA – May 20, 2005 –
Aon Consulting, the human capital and management consulting organization of Aon Corporation (NYSE: AOC), has announced that Aon’s Human Resources (HR) Outsourcing group has formed a strategic alliance with Authoria, Inc., a leading vendor of integrated strategic Human Capital Management (HCM) solutions. This alliance, which adds Authoria’s Web-based compensation management solution to Aon’s expanding suite of integrated HR outsourcing solutions, is the latest development in the growth and evolution of Aon’s HR outsourcing capabilities.
Aon selected Authoria Compensation Advisor™ to offer its clients a complete compensation management solution, encompassing salary, incentive, equity and long-term plan design, calculation, manager recommendations and employee communications. Plan administrators can create plans, model their potential impact, assign employees to plans, and monitor the approval process, all from a single application. Authoria Compensation Advisor is delivered as part of a comprehensive on-demand service, called Advisor On-Demand™.
Delivering Compensation Advisor through Advisor On-Demand will help Aon’s clients avoid time- and resource-consuming installations, software upgrades and maintenance. Clients will be able to take advantage of an application deployment environment that is both fully managed and adaptable – a business imperative in today’s competitive global marketplace.
Roger Vaughn, U.S. president, Aon Consulting stated, “Compensation structures are growing more and more complex, and clients need applications that can be easily customized so that compensation managers can act more strategically. Our partnership with Authoria will allow us to bring organizations the most robust compensation management solution to help us continue to bring distinctive value to our current and future outsourcing clients."
Tod Loofbourrow, president and CEO of Authoria, said, “Our experience has shown us that customers are seeking exactly the kind of high-quality, comprehensive, integrated HR solutions that this partnership provides. Offering Compensation Advisor through Advisor On-Demand allows Aon’s clients to dramatically lower their total cost of ownership, limit the drain on internal resources, and still receive the flexibility they require.”
About Aon
Aon Corporation (www.aon.com) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 47,000 employees working in Aon’s 500 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.
Aon Consulting is among the top global human resources consulting firms, with 2004 revenues of $1.247 billion and 7,000 professionals in 120 offices throughout the world. Aon Consulting delivers integrated consulting solutions to help clients with employee benefits, human resources outsourcing, compensation, communication and management consulting.
About Authoria
Authoria is the leading provider of integrated strategic human capital management (HCM) solutions helping employers increase the business value of their workforce. The Authoria Advisor Series includes performance and compensation management, succession planning, and benefit and policy communication while providing just-in-time knowledge and coaching for managers and employees. Through Authoria Choice, applications are delivered as a fully managed on-demand service, or as an on-premise deployment. Authoria’s award-winning solutions have proven successful for more than 200 large employers, representing more than 7.5 million employees. Customer companies include Boeing, Pfizer, and Unocal.
Alys Scott
Vice President, Corporate Communications
Peopleclick Authoria
(781) 530-2149
alys.scott@peopleclickauthoria.com
Maura Landry
Senior Account Manager for Peopleclick Authoria
SHIFT Communications
(617) 779-1829
mlandry@shiftcomm.com
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