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

Optimize your workforce strategy with data-driven compensation insights.

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Industry-Specific Insights: A Strategic Edge for Total Rewards Professionals

In today’s dynamic and competitive talent landscape, informed compensation decisions are more important than ever. Over 9,000 organizations across diverse industries rely on Aon’s Radford McLagan Compensation Database as the definitive resource for strategic pay and workforce insights.

The Gold Standard in Compensation Data for Over 50 Years

For more than five decades, the Radford McLagan Compensation Database has been the world’s premier source of benchmark compensation data. Designed to drive smarter workforce decisions, our cutting-edge platform combines unrivaled data accuracy with industry-leading features and regular market updates to empower rewards teams globally.

Why Choose Aon’s Radford McLagan Compensation Database?

Extensive Global Coverage
Gain actionable insights from a robust dataset of over 30 million employees across 100+ countries and thousands of job roles annually. Our database delivers a comprehensive view of global compensation trends, equipping you with the data to stay ahead.

Trusted Methodologies
Our proprietary job architecture and leveling frameworks are widely endorsed by boards, C-suite executives, HR leaders, and regulatory bodies worldwide. This ensures every decision is backed by confidence and credibility.

Data Quality You Can Rely On
Our participant-only approach ensures that the data powering our insights is meticulously vetted, passing through rigorous quality checks at every stage. As a result, clients can confidently leverage our insights, assured that our data reflects not just credibility but excellence.

Comprehensive Job Library, Cutting-Edge Market Insights
As the labor market becomes increasingly dynamic, so too does our data offering. Our experts actively engage with human capital professionals and clients to refine and expand our benchmark job coverage continuously. Our extensive job library is recognized as the most comprehensive in the industry, featuring a meticulously curated collection of jobs across every business function. By integrating advanced data filtering capabilities and enriching our repository of relevant compensation data, we equip you with sharper insights to navigate the complexities of today’s workforce effectively.

Dedicated Client Support
From tailored guidance to quick answers, our team is here to enhance your experience every step of the way. We pair each client with a dedicated client manager who provides tailored support to make every client journey personalized and successful. These experts will guide you through survey input processes and data reviews while serving as central points of contact for inquiries and facilitating access to a library of on-demand training resources.

Empower Your Business with Aon’s Advanced Tools

When you subscribe and participate in the Radford McLagan Compensation Database, you gain access to a powerful suite of tools designed to simplify and elevate compensation planning:

  • On-Demand Pay Benchmarking: Instantly benchmark compensation for thousands of roles, from entry-level positions to executives, with advanced filtering options for precise insights.
  • Comprehensive Market Analysis: Evaluate your company’s pay competitiveness using a range of demographic filters, including location, industry, company size, or custom peer groups tailored to your needs.
  • Actionable Talent Analytics: Harness data to track job offer trends, predict salary patterns, analyze pay differentials across key locations, monitor diversity metrics, research organizational design, and assess metrics for new hires, promotions, and turnover.
Jump to Section

  1. Database Overview

  2. Platform Highlights

  3. Market Practice Studies

Database Coverage and Features

Tailored Industry Insights to Stay Ahead in Talent Management (17)

17 Solutions

Delivering targeted data, analytics and insights is a hallmark of the Radford McLagan Compensation Database. Our industry coverage includes:

  • 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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Discover the Power of Advanced Reporting Tools (5)

5 Solutions

Whether you're facing a last-minute request to evaluate pay for a new hire or planning your annual compensation cycle, Aon's Radford McLagan Compensation Database has the tools you need to stay ahead.

  • Fast Insights When You Need Them Most

    Need answers fast? Our Quick Benchmarks tool allows instant exploration of compensation data for thousands of roles across any market. Advanced filters deliver actionable insights on-demand, with data dynamically rendered on screen and export-ready in seconds.

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  • Effortless Market Comparisons, Anytime

    Streamline your annual focal planning with Market Queries. Create, save, and download comprehensive benchmarking reports tailored to your specific talent markets - all in just minutes.

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  • Real-Time Employee vs. Market Insights

    Gain clarity with real-time comparisons. Select an employee population, match it against market data, and identify retention risks using actionable insights from our robust analytics.

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  • Tailored Executive Pay Solutions

    Finding the right executive pay benchmarks has never been easier. Our Executive Regression feature uses statistically validated methodologies to tailor executive pay levels specific to your organization’s size.

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  • Job Matching Made Simple

    Accurate job matching is critical for effective benchmarking. Use our Job Matrix to browse Aon's comprehensive job library, access detailed job descriptions, and confirm organizational matches in seconds.

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Transform Talent Data into Actionable Insights (5)

5 Solutions

By harnessing the power of our extensive database alongside advanced machine learning and predictive analytics, we provide clients with transformative insights into emerging talent trends.

  • Leverage Cutting-Edge Job Offer Data

    View the latest pay trends in fast-moving fields such as AI, data science and machine learning with job offers data collected through applicant tracking systems.

  • Location Analytics: Global Talent Insights at Your Fingertips

    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. Simply select a job, click on the map, and start exploring.

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  • Talent Intelligence: Predict Pay with Machine Learning Precision

    Keep pace with evolving skills and workforce needs. Talent Intelligence predicts pay and provides insights for emerging roles, even in data-scarce markets.

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  • Plan Strategically with Critical Talent Metrics

    From salary increase budgets to turnover rates and diversity metrics, including gender and ethnicity (U.S. only), our platform provides critical data to support strategic compensation and workforce planning.

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  • Future-Proof Workforce Skills with AI

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

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Sample Quick Benchmarks, Location Analytics and Market Practice Studies Output

Source: Radford McLagan Compensation Database

Platform Highlights

Unlock Strategic Insights with Market Practice Studies

Total rewards go beyond salary. Our Market Practice Studies provide the insights you need to design competitive and effective compensation programs:

  • Salary Increase and Turnover Trends: Align salary budgets and retention strategies with current market trends.
  • Incentive Plan Design: Optimize bonus and long-term incentive plans with actionable data.
  • Early Career Talent: Insights to attract and retain graduates and interns.
  • Employee Engagement: Tools to enhance employee experience through culture, values, and innovative paid time-off practices.
  • Sales Compensation Design: Tailored insights for commercially focused roles.
  • Severance Policies: Benchmark hard-to-find data for executive and non-executive termination scenarios.
  • Private Market Studies: Gain insights into equity ownership and compensation practices for venture-backed, private equity owned, family-owned, and closely-held companies.
  • Financial Services Studies: Access critical industry-specific data for equity practices and pay trends.

These studies offer a comprehensive view of the talent market, enabling you to design effective total rewards programs.

 
Market Practice Studies
Benchmark compensation, assess pay practices and access actionable talent analytics with the Radford McLagan Compensation Database from Aon.

Product / Service Factsheet

Essential Facts for Informed Better Decisions

Equip your team with actionable data.

Download the Radford McLagan Compensation Database Factsheet to see how Aon can drive better decisions for your organization.

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Take the Next Step: Join a Community of Industry Leaders

By partnering with Aon, you join a network of forward-thinking organizations dedicated to excellence in compensation strategy. Our unified global database and actionable analytics empower you to make data-driven decisions with confidence.

Transform your compensation strategy today. Contact us to learn more about participating in the Radford McLagan Compensation Database and discover how Aon's insights can drive your business forward.

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