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Hewitt Associates is a global management
consulting and outsourcing firm specializing in human
resource solutions.
Privately held since
its founding in 1940, the firm is organized as a limited
liability company (LLC), with more than 11,000 associates
located in 79 offices in 37 countries around the world.
The firm ranks among the top 200 of Forbes' "Top
500 Private Companies," and has been recognized
as a leading employer. Clients include more than two-thirds
of the Fortune 500 companies.
Hewitt's strength is
helping organizations identify and implement people
solutions for business problems. The scope of the firm's
practice encompasses both the strategic and tactical
aspects of human resource management. The firm is the
largest provider of total outsourcing services for employee
benefit plan administration, and excels at helping organizations
craft long-term management strategies that engage and
connect employees with business.
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Basic Facts: |
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Global
revenue of nearly $1.3 billion in FY 2000. |
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2,300
clients around the world. |
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Largest
employee benefit consulting firm in the U.S. and
second largest in the world. |
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Among
the Top 20 global management consulting firms. |
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Largest
U.S. provider of multi-service outsourcing solutions. |
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Recognized
by PC Week magazine as one of the Top 10 Most Technologically
Innovative companies. |
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"Wrote
the Book" on workforce management, "The
Talent Solution: Aligning People and Strategy to
Achieve Extraordinary Results" (McGraw-Hill,
1998). |
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Hewitt
Services |
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Outsourcing |
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Hewitt's outsourcing solutions
provide world-class HR and benefits delivery to more than
12 million participants and their dependents. Hewitt's
Total Benefit Administration system provides defined benefit,
defined contribution, and health and welfare administration
via the Internet, an interactive voice response system,
and our Benefits Center. Tools include online investment
advice, health plan provider selection and enrollment,
and a full range of brokerage account alternatives. |
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HR Strategy and Technology |
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Hewitt's HR strategy and technology
services concentrate on the effective design and operation
of the HR organization of the future, enabled by the Internet
and new technologies. Hewitt's tailored solutions transform
an organization's HR function into an e-business. Services
include HR restructuring, e-HR consulting, HR measurement,
HR professional desktop and destination site content,
and employee portals. |
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Retirement and Financial
Planning |
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Hewitt's retirement and financial
planning solutions focus on the strategic design, financing,
investment, and legal compliance of broad retirement programs.
Hewitt can help organizations enhance, integrate, or completely
redesign defined benefit pension, defined contribution,
and /or retiree medical plans. |
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Health Care |
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Hewitt's health care services
focus on uncovering the health care benefits program that
best meets an organization's needs. Hewitt brings the
insight, the buying power, and the connections to help
achieve a greater return on the organization's health
care investment, including an online HMO auction, the
ability to measure the cost of benefits before committing
to them, and an online system for comparing all potential
health care providers. |
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Talent and Total Rewards |
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Hewitt's talent management
and reward strategies focus on creating talent and total
rewards programs that accurately reflect corporate strategy,
motivate employees, and ultimately improve business results.
Hewitt can help determine strategies to attract, motivate,
and retain employees; to become a best employer with best
results; and to design executive compensation programs. |
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Organizational Change
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Hewitt's organizational change
services focus on successfully aligning business objectives,
organizational cultures, people strategies, and HR programs
in times of change. Hewitt can help manage people programs
throughout significant change events such as IPOs, spin-offs,
divestitures, joint ventures, mergers and acquisitions,
and emerging offers. Online tools are available to help
organizations with Internet start-ups, mergers, acquisitions,
and other restructuring activities. |
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