Organisations often face challenges in getting the hiring right. A few of the challenges faced are :
- High rate of offer rejections
- Not enough internal recruitment data
- No formalized data for internal/ external positioning. Most data is anecdotal
- Lack of consistency in banding across departments
- No 'Offer Governance' mechanism
Aon with its 'Recruitment Analytics and Fitment Tool' aims to address these challenges. The tool is built on the following four principles :
- Uniform Fitment Criteria
- Parity of Pay
- Governance
- Market Competitiveness
The tool as an end output is able to :
- Provide final level and offer amount with percentage increase over current salary
- Indicate external as well as internal positioning (Percentile and Compa Ratio) for proposed compensation
- Call out any exceptions and anomalies that need to get an exceptional approval
- Provide the output in a user friendly PDF document, which can be mailed for any approvals
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