Aon board determined to temporarily reduce annual base salaries of neos due to covid-19

Aon plc - on april 24, board determined to temporarily reduce annual base salaries of neos due to covid-19.aon plc - board determined to also temporarily reduce cash compensation of each of co's non-executive directors.aon plc - no one at co is going to lose their job because of this covid-19 outbreak.aon plc - aon business services team mobilizing firm-wide effort to reduce all discretionary expense not related to client service.aon plc - paused stock buyback plan and set aside those funds.aon plc - intend to preserve dividend.aon plc - approximately 30% of our colleagues will see no reduction in pay.aon plc - planning for 70% of its colleagues to take a reduction of about 20% of salary.
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