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Inside the Employee Mindset What Differentiates What Rewards TOP 3 Differentiators Expectations • Fun place to work • Flexible work environment • Innovative • Communicates completely and honestly • Recognizes strong achievements or performance • Collaborative and encourages teamwork 42% PAY = (retirement + health) PAY & BENEFITS Most Desired Improvement Areas Generation Differences What Communicates Least Understood Gender Differences would like to see improvements in RECOGNITION and COMMUNICATION 1 in 4 WOMEN are more likely than men to want improvements in workplace communication and flexibility MEN are more likely than women to want more fun in the workplace MILLENNIALS are more likely to expect good career and development opportunities BOOMERS are more likely to see career development as a differentiator and an area for improvement Employees who feel encouraged to share ideas & opinions are MORE ENGAGED 3.5x most preferred workplace communication channel EMAIL Biggest Improvement Areas for Communication Career development opportunities Work/life programs Incentive/bonus pay 1 in 2 employees say they get TOO LITTLE RECOGNITION Employees who view senior leadership as open & honest are nearly ENGAGED 5x MORE ENGAGED 3x MORE Employees whose managers share information & provide input are more than FOR NEARLY EVERY TOPIC, employees want to receive at least some communication from their managers more engaged when are viewed as competitive TOTAL REWARDS 2x NEARLY 1 /3 of employees view their base pay and benefits as below market Hourly/Salaried Differences are less likely to feel they receive the right amount of communication prefer more variety in communication, including meetings and print HOURLY EMPLOYEES • are more likely to prefer communication from senior leaders SALARIED EMPLOYEES when career development programs are viewed as competitive MORE ENGAGED 3x more engaged when is viewed as competitive BASE PAY 2.5x Risk. Reinsurance. Human Resources. Aon Hewitt Employees are... Relative value of... Work/life balance programs Career development/ training programs Bonus BENEFITS

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Inside the Employee MindsetWhat Differentiates What Rewards

TOP

3 Differentiators

Expectations

• Fun place to work• Flexible work environment• Innovative

• Communicates completely and honestly• Recognizes strong achievements

or performance• Collaborative and encourages teamwork

42%

PAY = (retirement + health)

PAY & BENEFITS

Most Desired Improvement Areas

Generation Differences

What Communicates

Least Understood

Gender Differences

would like to see improvements in

RECOGNITIONand

COMMUNICATION

1 in 4

WOMEN are more likely than men to want improvements in workplace communication and flexibility

MEN are more likely than women to want more fun in the workplace

MILLENNIALS are more likely to expect good career and development opportunities

BOOMERS are more likely to see career development as a di�erentiator and an area for improvement

Employees who feelencouraged to shareideas & opinions are

MORE ENGAGED3.5x

most preferred workplacecommunication channel

EMAIL

Biggest ImprovementAreas for Communication• Career development

opportunities

• Work/life programs

• Incentive/bonus pay

1 in 2 employees say they get

TOO LITTLERECOGNITION

Employees who view senior leadership as open& honest are nearly

ENGAGED5x MORE

ENGAGED3x MORE

Employees whosemanagers share information & provide input are more than

FOR NEARLY EVERY TOPIC, employees want to receive at least some communication from their managers

more engaged when

are viewed as competitiveTOTAL REWARDS2x

NEARLY 1⁄3 of employees view their base pay and benefits as below market

Hourly/Salaried Differences

• are less likely to feel they receive the right amount of communication

• prefer more variety in communication, including meetings and print

HOURLY EMPLOYEES

• are more likely to prefer communication from senior leaders

SALARIED EMPLOYEES

when career development programs are viewed as competitive

MOREENGAGED

3x

more engaged when

is viewed as competitiveBASE PAY

2.5x

Risk. Reinsurance. Human Resources.

Aon Hewitt

Employees are...

Relative value of...

• Work/life balance programs

• Career development/training programs

• Bonus

BENEFITS