Aon combines practices under people solutions

Practice targets "breadth" of workplace risks

Aon combines practices under people solutions

Insurance News

By Roxanne Libatique

Aon has brought together its Australian human capital solutions, health and benefits, wealth solutions and workplace risk capabilities under one people solutions practice.

Drawing experience across the breadth of workplace risks and issues, the combined people solutions practice will support organisations navigating new forms of volatility and help their decision-makers make better workforce decisions, Aon said in a press release.

“Organisations need to examine their employee strategy and value proposition closely and consider how they are addressing the key risks to their workforce,” said Simon Kennedy, head of People Solutions at Aon.

“Having a clear benefits program, sound employee communications, and wellbeing solutions, all the way to psychometric testing, mental health, and compliance and risk management are factors organisations need to consider to ensure they have the right programs in place to maintain workforce resilience and retain and attract top talent.

“Our combined offering in people solutions will ensure organisations are offered data-driven insights and advice to help them make better business decisions across the spectrum of workforce issues.”

Aon's risk management survey – “war for talent” a top concern

Aon's 2021 Global Risk Management Survey found that the “war for talent” remained a top risk and was among the top five concerns of Australian businesses.

The report also highlighted that the risks were interconnected – with cyberattacks, brand damage, and failure to innovate and meet customer demand the top three risks facing Australian businesses in 2021.

“Australian survey participants anticipate that the risks over the next few years will continue to be cyberattacks, reputational risk, the need to innovate, as well as increasing fears of an economic slowdown, increasing competition, and ever-present risk of regulatory change,” the report said.

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