AT&T Outsources Work To Aon Unit

By Mark E. Ruquet

NU Online News Service, May 30, 4:13 p.m. EST?Aon Corp's subsidiary, Aon Consulting, will take over administrative functions of AT&T's human resources department on Saturday, it was announced.

The seven-year agreement calls on Aon Human Capital Services, a subsidiary of the Chicago-based firm, to take over human resources administration, transaction and payroll services, including the oversight of existing benefit plan service providers, the two companies said in a joint statement.

No financial terms of the agreement were released.

The companies said nearly 400 of the New York City based telecommunication company's management and non-union employees would receive job offers from AHCS.

The 184 AT&T employees represented by the Communications Workers of America, and their 14 management supervisors will remain as employees of AT&T and support the work of AHCS.

In August 2000, Aon Consulting purchased Actuarial Sciences Associates, Inc., based in Somerset, N.J. The human resources consulting company was established by AT&T in 1985 and later spun off into a private company in 1998.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.