LONDON - Hewitt Associates, a global human resources consulting and outsourcing company, has published Managing Compensation in Europe, a comprehensive review of management and employee reward practices across the continent.

Managing Compensation in Europe analyses compensation by employee level across individual markets. The report highlights reward levels as well insights into the prevalence of different types of benefits and perquisites, package structures and long-term incentives – along with explanation and insight from Hewitt's expert consultants.

Robert Miller, Senior European Reward Consultant at Hewitt Associates, said:

"Over the course of the longest running bull market in history Europe's economies experienced strong growth – and this was mirrored in pay packages. However, as markets have contracted, the picture has changed and employee compensation has inevitably felt the impact. Organisations across Europe are now reviewing their compensation practices to ensure that they deliver maximum return on compensation spending as well as attracting, retaining and motivating different segments of the workforce.

"This report allows companies to measure their own practices against their peers in European countries. At a time when they are facing regulatory pressures from governments and calls for transparency from stakeholders, Managing Compensation in Europereveals trends in compensation practices to help companies in their decision making during turbulent times."

The information included in the report is drawn from Hewitt's Total Compensation Measurement™ (TCM), a global compensation database, as well as research conducted over recent months including the Hewitt European Salary Increase Survey.

For more information on Managing Compensation in Europe please contact Rosie Moreau at rosie.moreau@hewitt.com.

About Hewitt Associates
Hewitt Associates (NYSE: HEW) provides leading organisations around the world with expert human resources consulting and outsourcing solutions to help them anticipate and solve their most complex benefits, talent, and related financial challenges. Hewitt works with companies to design, implement, communicate, and administer a wide range of human resources, retirement, investment management, health care, compensation, and talent management strategies. With a history of exceptional client service since 1940, Hewitt has offices in more than 30 countries and employs approximately 23,000 associates who are helping to make the world a better place to work. For more information, please visit www.hewitt.com.

Other Contacts
Anna Mitchell at Capital MS&L on 020 7307 5346 or anna.mitchell@capitalmsl.com
Wendy Svirakova, Capital MS&L, on 020 7255 5177 or wendy.svirakova@capitalmsl.com