Aon Hewitt has acquired Modern Survey, an employee survey and talent analytics solutions provider.
According to a statement from Aon Hewitt, the transaction strengthens its suite of workforce analytics solutions, including business and human capital analytics, employee engagement, onboarding and exit surveys and 360-degree feedback.
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“It is increasingly crucial for our clients to attract and retain top talent, but their strategies in this space are often limited to stand-alone one-time snapshots of what engages their workforce,” said Michael Burke, CEO of talent, rewards and performance at Aon Hewitt.
“Acquiring Modern Survey will help our clients move to continuous employee measurement, aggregated into an intuitive, user-friendly interface, providing fact-based insights to more effectively drive business and employee engagement and performance.”
Modern Survey’s team of more than 40 Minneapolis-based professionals will join Aon Hewitt’s current team of nearly 3,000 talent-aligned professionals, including 350 colleagues in Aon Hewitt’s global engagement practice.
The three Modern Survey founders – Patrick Riley, Dan Riley and Don MacPherson – will assume leadership roles in Aon Hewitt’s talent, rewards and performance practice.
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“As the war for talent heats up, companies have to take a more integrated and global approach to measuring human capital across the employee lifecycle that goes beyond just an annual employee engagement survey,” said Patrick Riley, CEO and co-founder of Modern Survey.
Financial terms of the transaction were not disclosed.