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. Introduce yourself and why these two statements are so important to Hewitt and our business.

Hewitt Associates LLC Human Resource Consulting and Benefits Administration Founded in 1940 More than 13,000 associates in 91 offices 2,400 Clients, including two-thirds of the Fortune 500 Edwin Shields Hewitt

Outsourced HR Functions Health & Group Benefits Defined Contributions Defined Benefits Executive Compensation Staffing Employee Relations Organizational Development Work/Life Expatriate Benefits These are just some of the functions that companies are outsourcing.

Reasons for Outsourcing Focus on core business Benefits administration is complex and people intensive Improves quality of HR administration Ensures compliance with applicable laws and regulations

Why Hire Consultants? Focus on core business Provide expert resources and knowledge Create efficiencies for the business

Choosing Consultancy 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 Work through each one of these and how they apply to the consulting world in general.

Qualities of a Consultant Service-oriented Intuitive Team-oriented Provides creativity and innovation Grasps quantitative concepts quickly Clearly articulates thoughts and concepts Enjoys problem solving and seeks innovative solutions Grasps quantitative concepts quickly Articulates thoughts clearly and converts technical issues into easily understandable concepts

Total Benefit Administration Defined Benefit Administration Pension Defined Contribution Services 401(k) Health & Group Benefits Delivery Services Insurance Plans Explain TBA and… 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.

Daily Responsibilities Client Support Team meetings Project management Training Client meetings or calls Testing Explain how these things apply to Hewitt and the TBA roles. Client Support is both consulting and systems Training is both leading and taking courses: personal and professional

Training and Development Individually designed “On the job” and classroom Firmwide training Group-specific training Personal and professional development Training is based on your role and your career path with Hewitt. Some training examples are TBAU, Time Management, Adapting to Communication Styles, and the Career Challenge.

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?