Hewitt Associates is a leading global human resources consulting and outsourcing company that provides a wide range of benefits to its clients and employees. The company's benefits are designed to support the well-being and financial security of its employees, as well as to attract and retain top talent in the industry. In this article, we will provide an overview of the benefits offered by Hewitt Associates, including its health and wellness programs, retirement plans, and other perks.
Health and Wellness Benefits
Hewitt Associates offers a comprehensive health and wellness program that includes medical, dental, and vision coverage, as well as a range of wellness initiatives and resources to support employees’ physical and mental health. The company’s health plan options include a choice of network providers, flexible spending accounts, and health reimbursement accounts. Additionally, Hewitt Associates offers a range of wellness programs, including fitness classes, nutrition counseling, and stress management workshops.
Employee Assistance Program (EAP)
Hewitt Associates’ EAP provides confidential counseling and support services to employees and their families, including counseling, financial planning, and legal assistance. The program is designed to help employees manage work-life balance, reduce stress, and improve overall well-being. The EAP is available 24⁄7 and is free of charge to employees and their families.
| Benefit | Description |
|---|---|
| Medical Coverage | Choice of network providers, flexible spending accounts, and health reimbursement accounts |
| Dental Coverage | Comprehensive dental coverage, including routine cleanings and major procedures |
| Vision Coverage | Comprehensive vision coverage, including eye exams and corrective lenses |
| Wellness Programs | Fitness classes, nutrition counseling, stress management workshops, and other wellness initiatives |
Retirement Benefits
Hewitt Associates offers a range of retirement benefits, including a 401(k) plan, pension plan, and other retirement savings options. The company’s 401(k) plan allows employees to contribute pre-tax dollars to a retirement account, and the company matches a portion of employee contributions. Additionally, Hewitt Associates offers a pension plan that provides a guaranteed income stream in retirement.
Retirement Savings Options
Hewitt Associates offers a range of retirement savings options, including a 401(k) plan, Roth 401(k) plan, and other retirement accounts. The company’s retirement plans are designed to help employees save for retirement and achieve their long-term financial goals. The plans are managed by a team of experienced investment professionals, and employees can choose from a range of investment options to suit their individual needs and risk tolerance.
- 401(k) plan: allows employees to contribute pre-tax dollars to a retirement account, with company match
- Roth 401(k) plan: allows employees to contribute after-tax dollars to a retirement account, with company match
- Pension plan: provides a guaranteed income stream in retirement
- Other retirement accounts: including IRA and annuity options
Other Benefits
In addition to its health and wellness benefits and retirement benefits, Hewitt Associates offers a range of other benefits to its employees. These include paid time off, holidays, and flexible work arrangements, as well as a range of perks and discounts. The company’s benefits are designed to support the overall well-being and financial security of its employees, and to attract and retain top talent in the industry.
Flexible Work Arrangements
Hewitt Associates offers a range of flexible work arrangements, including telecommuting, flexible hours, and compressed workweeks. The company’s flexible work arrangements are designed to support work-life balance and improve employee productivity and job satisfaction. Employees can choose from a range of flexible work arrangements to suit their individual needs and circumstances.
- Telecommuting: allows employees to work from home or remotely
- Flexible hours: allows employees to adjust their work schedule to suit their individual needs
- Compressed workweeks: allows employees to work a standard 40-hour workweek in fewer days
- Job sharing: allows employees to share a job with another employee
What are the eligibility requirements for Hewitt Associates’ benefits?
+Hewitt Associates’ benefits are available to eligible employees, which includes full-time and part-time employees who work a minimum of 20 hours per week. Eligibility requirements may vary depending on the specific benefit and the employee’s job classification and work schedule.
How do I enroll in Hewitt Associates’ benefits?
+Eligible employees can enroll in Hewitt Associates’ benefits during the annual open enrollment period, or within 30 days of their hire date. Employees can enroll online or by contacting the company’s benefits administration department.
What is the cost of Hewitt Associates’ benefits?
+The cost of Hewitt Associates’ benefits varies depending on the specific benefit and the employee’s job classification and work schedule. Some benefits, such as the company’s health plan, require employee contributions, while others, such as the company’s pension plan, are fully funded by the company.
