Radford McLagan Compensation Database

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Benchmark compensation, assess pay practices and access actionable talent analytics with the Radford McLagan Compensation Database from Aon.
Human Capital Analytics

Radford McLagan Compensation Database

Benchmark Pay, Assess Market Practices and Access Actionable Talent Analytics

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Industry-Focused Data and Insights for Total Rewards Professionals

More than 9,000+ client organizations, in tens of industries, rely on Aon — and our Radford McLagan Compensation Database — as their source of truth for making compensation decisions and understanding today’s volatile talent landscape.

Collectively, these organizations provide Aon with extensive workforce information covering more than 30 million employees each year, who work in 100-plus countries and sovereignties across thousands of job roles.

Critically, the job leveling and job family methodologies underpinning the Radford McLagan Compensation Database are well-recognized by boards, executives, human resources leaders and regulators alike, allowing total rewards professionals to use our data with confidence in any business setting.

How Aon Can Help Your Business

When you agree to participate in and purchase the Radford McLagan Compensation Database, you’ll immediately gain access to a powerful suite of online tools designed to simplify your daily work. Our clients log in to the Radford McLagan Compensation Database more than 85,000 times a month to:

  • Benchmark pay on-demand for thousands of jobs across all employee levels, including executives.
  • Assess the competitiveness of their company’s pay levels and practices using tens of demographic filters, including location, industry and company size, or a hand-picked list of peers.
  • Access actionable talent analytics to track job offer data, predict pay, understand pay differentials across key locations, monitor diversity metrics, research organizational design, and check in on new hire, promotion and turnover rates.

Jump to Section

  1. Database Overview

  2. Platform Highlights

  3. Market Practice Studies

Database Coverage and Features

Industry Coverage (17)

17 Solutions

Delivering industry-specific data and insights is a hallmark of the Radford McLagan Compensation Database.

  • Asset Management

    300 thousand employees at over 500 organizations

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  • Banking

    3.5 million employees at over 800 organizations

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  • Community and Government Entities

    533 thousand employees at over 360 organizations

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  • Consulting and Professional Services

    3.3 million employees at over 440 organizations

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  • Energy and Natural Resources

    662 thousand employees at over 540 organizations

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  • Financial Technology

    600 thousand employees at over 300 organizations

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  • Healthcare

    420 thousand employees at over 300 organizations

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  • Hospitality

    1.2 million employees at over 120 organizations

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  • Insurance

    300 thousand employees at over 300 organizations

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  • Life Sciences

    2.4 million employees at over 1,800 organizations

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  • Manufacturing

    2.6 million employees at over 710 organizations

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  • Media and Gaming

    450 thousand employees at over 180 organizations

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  • Private Companies

    5.7 million employees at over 4,600 organizations

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  • Retail and E-Commerce

    6.7 million employees at over 420 organizations

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  • Technology

    6.7 million employees at over 2,100 organizations

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  • Transportation

    338 thousand employees at over 80 organizations

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  • Wealth Management

    300 thousand employees at over 250 organizations

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Reporting Features (5)

5 Solutions

Whether you're dealing with a fire drill request to assess pay for a new hire or looking to streamline your annual planning cycle, we have you covered.

  • Quick Benchmarks

    In a bind? Looking for data fast? Our Quick Benchmarks feature allows clients to instantly explore compensation data for thousands of jobs in any market using advanced filtering. Information is dynamically rendered on screen and available to export in seconds.

    Find Out More
  • Market Queries

    Are you on the hook to do the heavy lifting for your company’s next annual focal period? Market Queries allows you to create, save and download comprehensive benchmarking reports across all of your applicable talent markets in minutes.

    Find Out More
  • Employee vs Market Analysis

    Select an employee population, select a market, and compare them in real time. It’s that easy. Then use our tools to identify outliers so you can quickly focus on remediating employee retention risks.

    Find Out More
  • Executive Regression

    Finding data on executive pay that is perfectly right-sized to your organization can be a challenge. Our Executive Regression feature allows you to estimate executive pay levels specific to the size of your organization using statistically valid methodologies.

    Find Out More
  • Job Matrix

    Accurate job matching is essential to any compensation benchmarking effort. Use our Job Matrix to search and navigate Aon's complete job library in seconds, read job descriptions, and see where your organization has active employee matches.

    Find Out More

Actionable Analytics (5)

5 Solutions

By combining our immense database with sophisticated machine learning and predictive analytics, we give clients a new perspective on talent trends.

  • Job Offers Data

    Later this year, our platform will feature the ability to view and analyze job offer data. Connect with our team to learn more about how you can plug-in your applicant tracking system (ATS) data to take advantage of this game-changing capability.

  • Location Analytics

    With remote and flexible working models on the rise, our Location Analytics feature allows you to compare talent availability, compensation levels, and pay differentials around the world. Select a job, click on the map, and begin exploring.

    Find Out More
  • Talent Intelligence

    With new jobs emerging, talent showing up in diverse locations, and the rapid evolution of workforce skills, robust market data for the job offers you need to make is not always available. Talent Intelligence harnesses machine learning to predict pay and solve this challenge.

    Find Out More
  • Talent Metrics

    We provide clients with vital talent metrics to inform their compensation and workforce planning activities, including salary increase budgets, turnover rates, and gender and ethnicity (U.S. only) distributions, among many other items.

    Find Out More
  • SkillsGraph

    Powered by generative artificial intelligence (AI) technology, SkillsGraph is a dynamic workforce skills library from Aon that provides clients with a proven methodology for classifying and managing the most sought-after skills in the talent market.

    Find Out More
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Sample Quick Benchmarks, Location Analytics and Market Practice Studies Output

Source: Radford McLagan Compensation Database

Platform Highlights

  • 9,000+

    Participating organizations in tens of industries.

  • 100+

    Countries and sovereignties with reported results.

  • One Database

    We've integrated several leading products to give clients a unified global database containing employees across industries and geographies.

  • Unified Methodology

    Clients benefit from our proprietary job architecture and job matching methodology, which serves as a foundation for pay equity and pay transparency.

  • Actionable Analytics

    By combining our immense database with sophisticated machine learning and predictive analytics, we give clients a new perspective. 

Beyond Pay: Market Practice Studies

Determining how much to pay an employee is only half the battle. Total rewards professionals also need reliable information on the design of compensation programs. When you agree to participate in and purchase the Radford McLagan Compensation Database, you’ll also be invited to join our ongoing series of market practice studies. These studies will round out your understanding of the talent market and include:

  • The Salary Increase and Turnover Study provides clients with actionable insights to ensure their annual salary budgets and retention strategies are aligned with overall market trends.
  • The Short- and Long-Term Incentive Design Study delivers data on the design and structure of annual bonus plans and cash- and equity-based multi-year incentives.
  • The Intern, New Graduate and Pay Administration Study offers insights into how companies can become and remain a destination of choice for early career talent.
  • The Employee Experience and Paid Time-Off Study provides a broad overview of the tools clients can use to boost engagement, from culture and values to sabbaticals and various paid time off programs.
  • The Sales Incentive Practices and Car Policy Study focuses on the intricacies of sales compensation plan design for commercially focused employees.
  • The Severance and Change-in-Control Study gives clients access to hard-to-find data on payout policies for executives and non-executives in a variety of not-for-cause termination scenarios.
  • Our portfolio of Private Market Studies gives clients at venture-backed, private equity owned, family-owned, and closely-held companies access to data on equity ownership levels for founders and non-founders, equity grant practices by stage of development, and board of director pay.
  • Our portfolio of Financial Services Studies gives clients access to critical industry-specific data on new graduate pay, deferred equity practices, and more.
Market Practice Studies
Benchmark compensation, assess pay practices and access actionable talent analytics with the Radford McLagan Compensation Database from Aon.

Product / Service Factsheet

Just the Facts

Download our Radford McLagan Compensation Database factsheet to show your team how Aon can help your business make better pay decisions.

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