Aon Selects Authoria to Deliver Web-based Compensation Management Solutions for Clients
21 Maggio 2005 - 12:03AM
PR Newswire (US)
Aon Selects Authoria to Deliver Web-based Compensation Management
Solutions for Clients CHICAGO and WALTHAM, Mass., May 20
/PRNewswire-FirstCall/ -- 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. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO ) Aon
selected Authoria Compensation Advisor(TM) 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(TM).
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 ( http://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. For more information, visit
http://www.authoria.com/ . Contact: Dana Sohn, Aon Consulting,
+1.312.381.4786, This press release contains certain statements
related to future results, or states our intentions, beliefs and
expectations or predictions for the future which are
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from either
historical or anticipated results depending on a variety of
factors. Potential factors that could impact results include:
general economic conditions in different countries in which we do
business around the world, changes in global equity and fixed
income markets that could affect the return on invested assets,
fluctuations in exchange and interest rates that could influence
revenue and expense, rating agency actions that could affect our
ability to borrow funds, funding of our various pension plans,
changes in the competitive environment, changes in commercial
property and casualty markets and commercial premium rates that
could impact revenues, changes in revenues and earnings due to the
elimination of contingent commissions, other uncertainties
surrounding a new compensation model, the impact of regulatory
investigations brought by state attorneys general and state
insurance regulators related to our compensation arrangements with
underwriters and related issues, the impact of class actions and
individual lawsuits including client class actions, securities
class actions, derivative actions, and ERISA class actions, the
cost of resolution of other contingent liabilities and loss
contingencies, and the difference in ultimate paid claims in our
underwriting companies from actuarial estimates. Further
information concerning the Company and its business, including
factors that potentially could materially affect the Company's
financial results, is contained in the Company's filings with the
Securities and Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT:
Dana Sohn of Aon Consulting, +1-312-381-4786, Web site:
http://www.aon.com/
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