Hewitt Company Overview Brief
Hewitt is a global consulting and outsourcing company that specializes in human resources, benefits, and related services. Founded in 1940 by Ted Hewitt, the company has a long history of providing innovative solutions to help organizations manage their workforce and improve employee engagement. With headquarters in Lincolnshire, Illinois, Hewitt operates in over 30 countries and has a diverse client base across various industries, including healthcare, finance, technology, and manufacturing.
History and Evolution
Hewitt’s journey began as a small actuarial consulting firm, focusing on pension and benefits planning. Over the years, the company expanded its services to include human resources consulting, outsourcing, and technology solutions. In 2002, Hewitt acquired Exult, a business process outsourcing firm, which enabled the company to offer a broader range of services, including HR administration, payroll, and benefits administration. This strategic acquisition marked a significant milestone in Hewitt’s evolution, as it transformed the company into a comprehensive HR outsourcing provider.
Services and Solutions
Hewitt offers a wide range of services and solutions designed to help organizations optimize their HR functions, improve employee engagement, and drive business performance. Some of the key services include:
- HR Consulting: Hewitt provides strategic HR consulting services, including talent management, organizational design, and change management.
- Benefits Administration: The company offers benefits administration services, including health and welfare benefits, retirement plans, and worker’s compensation.
- HR Outsourcing: Hewitt provides comprehensive HR outsourcing services, including payroll, time-off management, and HR administration.
- Talent Management: The company offers talent management solutions, including recruitment, selection, and development programs.
Hewitt's services are supported by its human capital management technology platform, which provides a comprehensive suite of tools and applications for HR, payroll, and benefits administration. The platform is designed to help organizations streamline their HR processes, improve data management, and enhance employee engagement.
Industry Recognition and Awards
Hewitt has received numerous awards and recognitions for its services and solutions. Some of the notable awards include:
Award | Year |
---|---|
Best HR Consulting Firm | 2010 |
Outsourcing Provider of the Year | 2012 |
HR Technology Leader | 2015 |
These awards reflect Hewitt's commitment to delivering high-quality services and solutions that meet the evolving needs of its clients.
Global Presence and Client Base
Hewitt has a significant global presence, with operations in over 30 countries. The company serves a diverse client base across various industries, including:
- Healthcare and pharmaceuticals
- Finance and banking
- Technology and software
- Manufacturing and consumer goods
Hewitt's global reach and industry expertise enable it to provide tailored solutions that meet the unique needs of its clients, regardless of their location or industry.
Future Implications and Trends
The HR consulting and outsourcing industry is rapidly evolving, driven by technological advancements, changing workforce demographics, and shifting employee expectations. As a leading player in this industry, Hewitt is well-positioned to help organizations navigate these changes and capitalize on emerging trends, such as:
- Artificial intelligence and automation in HR
- Diversity, equity, and inclusion initiatives
- Personalized employee experiences and engagement strategies
By leveraging its expertise, technology, and global reach, Hewitt can help organizations stay ahead of the curve and achieve their HR and business objectives.
What services does Hewitt offer?
+Hewitt offers a range of services, including HR consulting, benefits administration, HR outsourcing, and talent management.
What industries does Hewitt serve?
+Hewitt serves a diverse client base across various industries, including healthcare, finance, technology, and manufacturing.
What is Hewitt’s global presence?
+Hewitt has operations in over 30 countries, providing global reach and expertise to its clients.