hewitt associates

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Aon Corp., the world's biggest insurance broker, revealed in a regulatory filing Thursday a restructuring plan which includes cutting 1,500 to 1,800 positions globally, as it combines the operations of the recently acquired Hewitt Associates with its own.

Workers who got less of a raise than they anticipated this year aren't alone. A new Hewitt survey of large companies finds the nation's slack recovery has prompted many employers to rein in expenses, thereby reducing planned raises and bonuses.

As health care costs continue to rise, many corporations are passing the increases onto workers through higher health insurance premiums. One of the notable exceptions is IBM (IBM), which last week decided it could save money by actually taking the opposite tack. The computer services giant says...