Hewitt Associates

Also Known As: Hewitt, Hewitt Assoc, HewittAssociates

Consulting - Management and Strategy

VAULT RANKINGS 2011

#25 The Best Consulting Firms: Prestige

#37 Vault Consulting 50

View all Rankings #17 The Best Consulting Firms for Diversity

GENERAL INFO

Headquarters: Lincolnshire, IL
110 offices
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THE BUZZ…

• "Compensation experts"
• "Large and inflexible"
• "Widely used"
• "Recent college grads churn-and-burn"

NEWS AND UPDATES

Vault's Scoop

Uppers

• “Working for an industry leader”
• “Flexibility in work hours and being able to work from home”
• “I can wear jeans to work”
• "I have been able to work in different jobs in different areas of the company"

Downers

• “Unrealistic financial goals”
• “Time card system”
• “Lack of job security”
• “No more free food!”

ABOUT THIS COMPANY:

Resourceful human resources

In October 2010, Aon Corporation completed its purchase Hewitt Associates in order to expand the reaches of its consulting arm. This purchase was valued at almost $5 billion, and nearly tripled the size of their consulting divisions. As a result of the merger, the newly formed Aon Hewitt intends to operate as an independent business line of the larger corporation. In addition, their consulting services intend to eliminate redundancy by firing around 1,500 employees, saving the company an estimated $280 million.

Hewitt Associates is one of the world’s largest management consulting firms specializing in maximizing organizations’ investment in human resources solutions. Its claim to fame: It is the world’s largest provider of benefits and multiservice HR business process outsourcing, and integrates HR outsourcing and consulting. The firm’s 23,000 employees, working from 110 offices in 33 countries, serve more than 3,000 clients, which include nearly two-thirds of the Fortune 500 companies and more than a third of the Fortune Global 500.

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From the Community

Hewitt REVIEWS

Inside opinions that matter, collected by Vault from employees at companies around the world.

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Hewitt SALARIES

Hewitt Associates salary & compensation reviews include all signing and year-end bonuses, vacation time and other perks and reimbursements that make up total compensation.

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Hewitt SURVEY SAYS

Corporate Atmosphere
Vault's Verdict: There’s no question that culture and satisfaction have been negatively impacted by the firm’s transition from a private to a public entity. Perhaps it’s a testament to Hewitt’s past successes, then, that satisfaction among employees remains relatively high.

Overall Satisfaction
• “Hewitt is growing and changing, which has created a number of new opportunities for me (and others) during my 19 years here. I have worked as a consultant, led a startup business, managed a practice, and worked in sales and account management. I've been able to travel globally and domestically. I've had a very rewarding career.” – Manager
• “I knew on my second day of work that I'd be a lifer at Hewitt. The team structure promotes contact with other Hewitt associates, 98 percent of which embody Hewitt's ‘one firm’ mantra and work efficiently, together, to serve our clients.” – Senior consulatnt
• “Overall, it's a good job. The work does become mundane at times. Hewitt's consulting is based upon very cyclical work, so that is a cause for repetitive assignments.” – Houston midlevel

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DISCUSSIONS

New Topic: Fiscal Responsibility (10 replies)
Last reply: where do you propose the next meeting happen? London? Paris? Remember its bringing people together from all over the world. Im sure this place …

New Topic: Employee Free Choice Act (18 replies)
Last reply: yeah...only a matter of time until that junk got cut. …

New Topic: Employee Free Choice Act (18 replies)
Last reply: Hewitt Internal Business Systems (HIBS) is the technology group at Hewitt that oversees development and implementation, as well as a chunk of sup …

Getting Hired

Tips from the inside

Selectivity
For the people already at Hewitt, going public has changed much about the culture and relationships within the firm; for those hoping to join, change has arrived as well. “Since they contracted out some of these functions,” says a midlevel consultant, “the quality of the candidate selection process has suffered.” Before any prospective applicants rejoice over lower standards, they should be warned that Hewitt's hiring process remains a “long and difficult one”—the firm is still prestigious, which generally translates to extremely high demand for spots. Most applicants will not make it past the screening stage; the firm looks for students with “strong performance in quantitative courses, such as accounting, economics and finance, with a preference for candidates with dual major with liberal arts component.”

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Other Hewitt Associates Profiles

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Company Initiatives

Corporate Diversity Programs

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