Aon announces new acquisition

Aon has acquired a leading provider of online talent measurement and psychometric assessment based in Hamburg, Germany with an office in Sydney.

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 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.”

cut‑e founders Andreas Lohff, Achim Preuss, David Barrett and Espen Skorstad will assume leadership roles in Aon’s Talent, Rewards & Performance solution group.