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Welcome to this issue of HQ Asia Pacific magazine. Just
who are 'the Millennials'? Why do HR departments and
senior management need to be aware of this stream of new
employees?
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Our prediction is that they will have a huge influence on how
corporations will recruit and, more importantly, retain and motivate
a new breed of employees.
In this issue's cover story, we provide insights of importance to all of us.
Other feature stories in this issue focus on various issues and trends
around benefits and pensions, such as the specific needs of mobile
workers, and how tools such as Hewitt's Pension Risk Tracker can
help you monitor your pension plan's funded status on a daily basis.
We also highlight common HR pitfalls experienced with ventures
in Japan and the importance of relationships for mergers and
acquisitions in the Korean market. Our article on long-term
incentives examines what incentives will best motivate executives
and other employees, and we provide 'six incentive imperatives' that
offer solutions for a more balanced incentive portfolio.
Closer to home, Hewitt has acquired three companies globally
since April: New Bridge Street Consultants, one of the leading
executive compensation consultancies in the U.K, CSi, a
specialist remuneration consultancy that provides advice to assist
organizations with strategic and operational remuneration activities
in Australia and New Zealand; and LCG, a U.S.-based company that
specializes in absence management.
These actions further demonstrate Hewitt's focused growth agenda.
We are confident the leadership of these acquisitions can help us
deepen and broaden our services to clients, while accelerating our
growth in critical consulting practice areas.
Enjoy the read. |
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Eric Fiedler
Regional Director, Asia Pacific
Hewitt Associates LLC
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Hewitt Quarterly Asia Pacific
is made possible through the combined skills and experience of Hewitt consultants from across the Asia-Pacific region.
For further information please contact:
Hewitt Associates
2601-05 Shell Tower
Times Square
Causeway Bay
Hong Kong
Tel: (852) 2877-8600
Fax: (852) 2877-2701
editor-hqap@hewitt.com
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