It’s a partnership unlike any other.

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Presentation transcript:

It’s a partnership unlike any other. Clients trust in us because we trust in people like you. It’s a partnership unlike any other.

Hewitt Associates LLC Human Resource Consulting and Benefits Administration Founded in 1940 more than 12,000 associates in 81 offices 2,400 clients FY2000 annual revenues of 1.3 billion dollars Edwin Shields Hewitt

Why Choose a Consulting Career Work directly for clients Dynamic nature of the business Variety in day-to-day work Short- and long-term projects Challenging opportunities Handle projects from beginning to end External focus

Outsourced HR Functions Health & Group Benefits Defined Contributions Defined Benefits Executive Compensation Staffing Employee Relations Organizational Development Work/Life Expatriate Benefits

PriceWaterhouseCoopers Industry Competitors William M. Mercer Fidelity H PriceWaterhouseCoopers Watson Wyatt Towers Perrin Andersen Consulting

Why Clients Outsource Companies focus on core business Benefits administration is complex and people intensive Improves quality of benefit administration Ensures compliance with applicable laws and regulations

Total Benefit Administration Defined Benefit Administration Pension Defined Contribution Services 401(k) Health & Group Benefits Delivery Services Insurance Plans DBA Provides participants with income (pension) during retirement. It is up to the employer to properly manage the money. Employer is at risk. DCS 401(k) plans, profit sharing, savings, and stock. Up to the employee to invest. Tax deferred benefit—tax savings while participants work. Employees are at risk; they decide where they want to invest their money. H&GB Medical, Dental, Life, Disability.

Day-to-Day Responsibilities Client Support (consulting and systems) Team meetings Project management Training (leading and taking courses: personal and professional) Client meetings or calls Testing

Training and Development Individually designed “On the job” and classroom Firmwide training Group-specific training Personal and professional development

Outstanding benefits package Our Environment Profit sharing “One-firm” firm Outstanding benefits package Limited travel No titles: “Associates” Career Development Associate conveniences Team approach

Indiana University… Hewitt Team-oriented classes… Team environment Campus involvement… Time mgmt. Campus activities… Multi-tasking Finance/Accounting… Problem-solving/troubleshooting Computer classes… Databases, spreadsheets, Internet, etc.

Good communication skills Campus Hires Self-starter Analytical Finance Math Economics Problem solver Team player Information Systems Accounting Statistics Detail-oriented Good communication skills

Questions?