BNET Industries
Market Cap:$3.9B
Last Fiscal Year Sales:$3.2B
- Public
- US
Dow Jones Description
Hewitt Associates (NYSE: HEW) provides leading organizations around the world with expert human resources consulting and outsourcing solutions to help them anticipate and solve their most complex benefits, talent, and related financial challenges. Hewitt consults with companies to design and implement and communicate a wide range of human resources, retirement, investment management, health management, compensation, and talent management strategies. As a leading outsourcing provider, Hewitt administers health care, retirement, payroll, and other HR programs to millions of employees, their families, and retirees. With a history of exceptional client service since 1940, Hewitt has offices in more than 30 countries and employs approximately 23,000 associates who are helping make the world a better place to work.
Chief Executive Officer
Russell P. FradinNumber of Employees 23,000
Contact Information
100 Half Day Road
Lincolnshire, Illinois 60069-3342
(847) 295-5000
Peer Companies
NAICS Code Human Resources Consulting Services: 541612
Recent Events
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Deutsche Bank Upgrades Hewitt Associates HEW to Buy; Valuation attractive for its Steady Profit Growth
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Hewitt Associates Finished Tuesday At New High For Year
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Report: Hewitt Associates names global strategy leader for investment
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2010 salary forecasts: employers remain cautious - Findings of a study commissioned by the Ordre...
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REFILE-UPDATE 1-MOVES-Barclays Bank, PriceWaterhouseCoopers
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Hewitt Associates rises after analyst upgrade
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UPDATE 2-Hewitt raises FY09 EPS view, shares rise
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Hewitt Associates appoints director
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Hewitt Associates Appoints Judson Green to Board of Directors
News & Analysis
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hewitt associates llc and outsourcing - All News and Analysis
Hewitt Associates, Inc. F1Q09 (Qtr End 12/31/08) Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator Instructions Your first question comes from Ashwin Shirvaikar - Citigroup Investment. Ashwin Shirvaikar - Citigroup Investment My first question is can you talk about what portion of your revenues in each segment comes from what you would consider discretionary client spending...
Hewitt Associates Signs New HR BPO Client; Company Expands Benefits Outsourcing and Consulting Relationship With Catholic Health Initiatives
LINCOLNSHIRE, Ill. -- Hewitt Associates, a global human resources services company, announced today it will provide HR business process outsourcing BPO services to Catholic Health Initiatives, a national nonprofit health corporation. This is an expansion of the companies' benefits outsourcing and consulting relationship, as Hewitt has provided defined benefit outsourcing...
Hewitt Associates Delivers HR BPO Services for Rohm and Haas Company; Companies Expand Long-Standing Benefits Outsourcing and HR Consulting Relationship
LINCOLNSHIRE, Ill. -- Hewitt Associates (NYSE:HEW), a global human resources services firm, announced today it is delivering HR business process outsourcing BPO services to Rohm and Haas Company (NYSE:ROH). The HR BPO deal is in addition to the companies' long-standing benefits outsourcing and HR consulting relationship.
Renewing the Benefits Outsourcing Relationship
Considering the substantial cost and business impact of a multiyear benefits outsourcing relationship, it's often well worth the up-front time and expense required to effectively research and implement the best option for your company. Hewitt has developed a number of best practices that help ensure a successful outcome for all...
Guess who's outsourcing to India?
Jun. 11--NEW DELHI -- The Indian arms of international consulting firms are making a beeline to work in Pakistan as the relations between the two countries thaw and cross-border travel becomes less cumbersome. Consulting firms like HR specialist Mercer, Hay Group, Hewitt Associates, and...
A Fresh Look at the Logic of HR Outsourcing
In light of uncertainty in the software marketplace, many companies are concerned about their investments in enterprise resource planning ERP systems and are not only wondering what software providers will be around for the long-term but are also evaluating their options. Through outsourcing, companies can get rid of the expense,...
Outsourcing deal pinches Hewitt; Little cause to celebrate Exult acquisition.(Markets)(Hewitt Associates L.L.C.)(Brief Article)
Byline: SHRUTI DATE SINGH Hewitt Associates Inc.'s stock is sinking as a bid to dominate human resources outsourcing squeezes profit margins and pits the Lincolnshire company against deeper-pocketed rivals. The acquisition of Exult Inc. for $685 Byline: SHRUTI DATE SINGH ...
Employee benefits consultants.(Employment)(Illustration)
Employee Benefits Consultants BY FULL-TIME PROFESSIONALS 2004 Last Rank Year Company ...
Hewitt Associates Renews Benefits Outsourcing Contract With Continental Airlines
LINCOLNSHIRE, Ill. -- Hewitt Associates (NYSE: HEW), a global human resources services firm, announced today that Continental Airlines (NYSE: CAL), the world's sixth-largest airline, has renewed its comprehensive benefits outsourcing contract with Hewitt.
Asian firms expect to use more outsourcing of human-resources work.
By Chiratas N. Thapanachai, Bangkok Post, Thailand Knight Ridder/Tribune Business News Nov. 8--Asian companies, for years the beneficiary of rapid economic growth, are increasingly refocusing their human resource strategies with a bottom-line on efficiency, higher margins and skill sets, according to...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Russell P. Fradin | Chief Executive Officer |
| Jay C. Rising | President, HR Outsourcing |
| Julie S. Gordon | President, Client & Market Leadership |
| Brad Anderson | Chief Information Officer |
| John Park | Chief Financial Officer |
| Kristi Savacool | Senior Vice President, Global Business Services and Information Technology |
| Matthew C. Levin | Senior Vice President, Corporate Development and Strategy |
| Steven J. Kyono | Senior Vice President, General Counsel & Corporate Secretary |
| Alison Borland | Defined Contribution Practice Leader |
| Andrew Bell | Global Practice Leader |
| Carlos A. Rraposo | HR Outsourcing, Latin America Leader |
| Eric C. Fiedler | HR Consulting, Asia-Pacific Leader |
| James R. Konieczny | Multi-Process HR Outsourcing Leader |
| John L. Anderson | Leader, Talent & Org Consulting Business |
| Maureen A. Kincaid | Co-Leader-Health Management Business |
| Michael R. Lee | HR Consulting, Sales and Client Management Leader |
| Richard Jones | HR Outsourcing, Europe Leader |
| Roger Parkin | HR Consulting and Integration, Europe Leader |
| Rohail Khan | Benefits Outsourcing Operations Leader |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alex J. Mandl | Board of Directors |
| Cary D. McMillan | Board of Directors |
| Cheryl A. Francis | Board of Directors |
| Judson C. Green | Board of Directors |
| Michael E. Greenlees | Board of Directors |
| Michele M. Hunt | Board of Directors |
| Steven A. Denning | Board of Directors |
| Steven P. Stanbrook | Board of Directors |
| Thomas J. Neff | Board of Directors |
| William J. Conaty | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Chief Executive Officer | Current |
| Hewitt Associates LLC | Chairman | Current |
| Gartner, Inc. | Board of Directors | Current |
| The BISYS Group, Inc. | Board of Directors | Current |
| The BISYS Group, Inc. | President & CEO | Former |
| The ADP | Group President, Global Employer Services | Former |
| McKinsey & Company, Inc. | senior partner | Former |
| The Corporate Executive Board Company | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | President, HR Outsourcing | Current |
| RightNow Technologies Inc. | President, Field Operations | Former |
| Automatic Data Processing, Inc. | Corp Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | President, Client & Market Leadership | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Hewitt Associates LLC | President, HR Outsourcing | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Chief Financial Officer | Current |
| Orbitz Worldwide, Inc. | Chief Financial Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Senior Vice President, Global Business Services and Information Technology | Current |
| The Boeing Company | Vice President, Shared Services Group | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Senior Vice President, Corporate Development and Strategy | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Senior Vice President, General Counsel & Corporate Secretary | Current |
| Automatic Data Processing, Inc. | President, Dealer Services | Former |
| The BISYS Group, Inc. | Executive Vice President, General Counsel & Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Defined Contribution Practice Leader | Current |
| Hewitt Associates LLC | Principal & Senior Benefits Consultant, Retirement & Financial Management Business | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Global Practice Leader | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Outsourcing, Latin America Leader | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Consulting, Asia-Pacific Leader | Current |
| Hewitt Associates LLC | Division Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Multi-Process HR Outsourcing Leader | Current |
| Hr Outsourcing, Inc. | Chief Operations Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Leader, Talent & Org Consulting Business | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Co-Leader-Health Management Business | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Consulting, Sales and Client Management Leader | Current |
| Hewitt Associates LLC | Leader, Client Development, North America | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Outsourcing, Europe Leader | Current |
| Accenture Ltd. | global managing partner | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | HR Consulting and Integration, Europe Leader | Current |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Benefits Outsourcing Operations Leader | Current |
Alex J. Mandl is 65 years old and has been a director of the company since March 2008. Mr. Mandl is currently the non-Executive Chairman of Gemalto, a company resulting from the merger of Axalto Holding N.V. and Gemplus International S.A. From June 2006 until December 2007, Mr. Mandl served as Executive Chairman of Gemalto. Before June 2006, Mr. Mandl was President, Chief Executive Officer and a member of the Board of Directors of Gemplus, positions he held since August 2002. He also serves on the boards of Gemalto N.V., Dell Inc., Hewitt Associates, Inc. and Horizon Lines, Inc.
| Organization | Position | Status |
|---|---|---|
| Axalto, Inc. | Global Leader | Current |
| Visteon Corporation | Board of Directors | Current |
| Horizon Lines, Inc. | Board of Directors | Current |
| Gemplus Corp | Vice-Chairman of the Board of Directors | Current |
| Gemalto N.V. | Board of Directors | Current |
| Core Capital Partners | Board of Directors | Current |
| Dell Inc. | Board of Directors | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Teligent, Inc. | Chief Executive Officer | Former |
| Gemplus International S.A. | President & CEO | Former |
| Gemplus Corp | CEO | Former |
| AT&T Inc. | President | Former |
| AT&T Inc. | Chief Financial Officer | Former |
| AT&T Inc. | Executive Vice President | Former |
| Boise Cascade, LLC | Former | |
| Teligent, Inc. | Chairman | Former |
| In-Q-Tel, Inc. | Board of Directors | Former |
| Pfizer Inc. | Board of Directors | Former |
| American Enterprise Institute for Public Policy Research | Board of Directors | Former |
| University of California, Berkeley | M.B.A | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Corporate Leadership Center | Co-Founder | Current |
| Ucwbg | Board of Directors | Current |
| Corporate Leadership Center | Vice-Chairman | Current |
| The Advisory Council | Board of Directors | Current |
| The Chicago Network | Board of Directors | Current |
| HNI Corporation | Board of Directors | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Morningstar, Inc. | Board of Directors | Current |
| Commercial Club of Chicago | Board of Directors | Current |
| Women's Initiative | Board of Directors | Current |
| The Chicago Network | Member | Current |
| Commercial Club of Chicago | Member | Current |
| Women's Initiative | Member | Current |
| R.R. Donnelley & Sons Co. | chief financial officer | Former |
| University of Chicago Graduate School of Business | First Woman Officer | Former |
| The Chicago Network | Special Task Force Chair | Former |
| Lands' End, Inc. | Board of Directors | Former |
| University of Chicago | MBA | Former |
| University of Chicago Graduate School of Business | Master's Degree In Business Administration | Former |
| Cornell University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| NAVTEQ Corp. | President & CEO | Current |
| NAVTEQ North America, LLC | CEO | Current |
| DreamWorks Animation SKG Inc. | Board of Directors | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Harley-Davidson, Inc. | Board of Directors | Current |
| NAVTEQ Corp. | Board of Directors | Current |
| The Walt Disney Company | President | Former |
| The Walt Disney Company | Chief Financial Officer | Former |
| University of Chicago | M.B.A. | Former |
| DePauw University | bachelor's degree in economics | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Board of Directors | Current |
| Omnicom Group Inc. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| General Atlantic, LLC | Managing Partner | Current |
| General Atlantic, LLC | Chairman | Current |
| The Nature Conservancy | Board of Directors | Current |
| Thomson Reuters Corporation | Board of Directors | Current |
| Stanford University | Board of Trustees | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| American Museum of Natural History | Board Member | Current |
| Eclipsys Corporation | Board of Directors | Current |
| SRA International Inc. | Board of Directors | Current |
| McKinsey & Company, Inc. | Consultant. | Former |
| The Thomson Corporation | Board of Directors | Former |
| Naval Postgraduate School | MS Degree | Former |
| Stanford Graduate School of Business | M.B.A. degree | Former |
| Georgia Institute of Technology | B.S. degree | Former |
| American Museum of Natural History | member | Former |
Mr. Stanbrook has been President, Developing Markets Platform, of S.C. Johnson & Son, Inc., a manufacturer of consumer products, since July 2006. Before that he was President - Asia and Americas, from January 2005 to July 2006. From 2003 to December 2004 he was President, Asia and from 1996 to 2002, Mr. Stanbrook was President of S.C. Johnson’s business in Europe, Africa, and Near East. Mr. Stanbrook is also a director of Hewitt Associates, Inc.
| Organization | Position | Status |
|---|---|---|
| S.C. Johnson & Son, Inc. | President, Asia and Americas | Current |
| Chiquita Brands International, Inc. | Compensation & Organization Development Committee Chairman | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Sara Lee Corporation | CEO | Former |
| Compuserve Interactive Services, Inc. | CEO | Former |
| Sara Lee Corporation | President | Former |
| Compuserve Interactive Services, Inc. | President | Former |
| Chiquita Brands International, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Lafayette College | Trustee Emeritus | Current |
| Spencer Stuart | Chairman, U.S. | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Lord Abbett & Co. | Board of Directors | Current |
| Lafayette College | Board of Directors | Current |
| ACE Limited | Board of Directors | Current |
| Spencer Stuart | President | Former |
| Booz Allen Hamilton, Inc. | Principal | Former |
| McKinsey & Company, Inc. | Management Consultant | Former |
| United States Army | Officer and Aide de Camp | Former |
| Brunswick School | Chairman | Former |
| Spencer Stuart | Director | Former |
| Lehigh University | MBA | Former |
| Lafayette College | B.S., Industrial Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Hewitt Associates LLC | Board of Directors | Current |
| General Electric Company | Senior Vice President, HR | Former |
Executive News
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Announcing HSM Webinars and "Road to World Business Forum" Webinar Series
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Announcing HSM Webinars and "Road to World Business Forum" Webinar Series
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Announcing HSM Webinars and Road to World Business Forum Webinar Series
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Hewitt Associates appoints director
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BRIEF-Hewitt Associates appoints Judson Green to board of directors
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Straight Talk in a Slump
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The 401(k) Rollover Conundrum
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