cut-e enhances Aon’s assessment and selection capabilities and strengthens its ability to help clients drive business performance through people.
LONDON (May 4, 2017) – Aon plc (NYSE:AON) today announced it has acquired cut-e a global leader in online talent assessments based in Hamburg, Germany. Financial terms were not disclosed.
“At a time when the global workforce is shrinking, workforce engagement is on the decline and turnover among younger workers is accelerating, big data is changing the way organizations identify, select, deploy, engage and measure the effectiveness of their talent,” said Michael Burke, CEO Talent, Rewards & Performance at Aon. “Acquiring cut-e enables us to expand our assessment and selection capabilities into even more situations and geographies, providing even stronger insights and driving improved business performance and reduced volatility for our clients.”
With 35 offices around the world, cut-e assesses more than 12 million candidates across more than 70 countries in over 40 languages each year through its proprietary psychometric talent assessment tools and advisory services enabling clients to make better screening, selection and development decisions.
“In this tight labor market, organizations are keenly aware of the need to quickly fill their talent pipeline with qualified candidates who are the right fit for their organization and link talent measurement to an economically measurable business impact,” said Andreas Lohff, CEO, cut-e. “Combining with Aon’s advanced assessment tools and customized talent solutions will strengthen the value we bring to clients in the assessment and selection marketplace.”
With the addition of cut-e, Aon’s global Talent, Rewards & Performance solution group boasts nearly 400 assessment and selection professionals, including award-winning industrial-organizational psychologists who are helping employers use science and data to select and develop employees. Together, Aon and cut-e have more than 50 years of continuous operations in the assessment space. Combined, the organizations assess over 30 million job candidates using some of the most innovative and award-winning tests in the industry.
cut-e founders Andreas Lohff, Achim Preuss, David Barrett and Espen Skorstad will assume leadership roles in Aon’s Talent, Rewards & Performance solution group.
Founded in 2002, cut-e (pronounced ‘cute’) provides online tests, questionnaires and gamified assessments for attraction, selection, talent management and development. In May 2017, cut-e was acquired by Aon plc (NYSE:AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions. cut-e now operates as part of Aon’s global offering in talent solutions, helping clients achieve sustainable growth by driving business performance through people performance. cut-e and Aon undertake 30 million assessments each year in 90 countries and 40 languages.
For further information about cut-e, please call Amanda Dawson (PR contact) on +44(0)20-8953 8863 or e-mail her at email@example.com
For more information please visit www.cut-e.com.