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October 2022
 
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This month we look at how total rewards are changing to compete for skill-specific talent. Next, we take a deep-dive into approaches to consider when addressing declining values of employees’ unvested equity. Also, don’t miss our alerts on the impact of the U.S. Inflation Reduction Act on equity compensation as well as how companies can prepare for new pay for performance disclosure rules.
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The Intersection of Life Sciences and Technology: What Does this Mean for Total Rewards?

As life sciences companies continue to embrace the digital world − from medical devices to drug discovery and research − competition for skill-specific digital talent is forcing companies to reevaluate their total rewards programs and philosophy.
 
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Companies are struggling to retain employees. In the U.S. and the UK in particular, one contributing factor is the falling value of employees’ unvested equity. Here are some approaches to consider and the pros and cons of each approach.
 
 
 
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    holding an Ipad in an office building
 

Increasing Inflation: Key Considerations for Employers Looking to Provide Better Support

Companies should make note of the benefits they already offer, and ensure that the intended groups are aware of and engaging with them. They should also review their benefits strategy through an inclusive lens.
 
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The SEC recently adopted final rules to require pay for performance disclosure in annual meeting proxy statements, making it effective for the 2023 proxy season.
 
 
 
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    containing a woman in a virtual online team meeting
 

We discuss a new tax on share buybacks in the U.S. Inflation Reduction Act and what the expected impact is on broad-based stock programs.
 
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About Human Capital Solutions

Aon's human capital business provides leaders with a powerful mix of data, analytics and advice to help them make better workforce decisions. Our team, spanning 2,000 colleagues in more than 30 countries, includes the firm's rewards, talent assessment, and performance & analytics practices. To learn more, visit humancapital.aon.com.
 
 

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