Hewitt Associates (NYSE: HEW) is the world’s foremost provider of human resources outsourcing and consulting services. The company consults with organizations and administers human resources, health care, payroll and retirement programs on behalf of more than 300 companies to millions of employees and retirees worldwide.

Located in countries around the world, Hewitt has offices across Asia Pacific, Europe and the Americas, and employs associates.

Founded in 1940, Hewitt is headquartered in Lincolnshire, Illinois. The company is led by Chairman and Chief Executive Officer Russell P. Fradin.

Key Facts

• Achieved global revenue of approximately $2.8 billion in fiscal 2006.
• Recognized as one of America’s Most Admired Companies (FORTUNE, 2008, 2007, 2006, 2005, 2004).
• Leads the HR Business Process Outsourcing (BPO) industry with the greatest market share (TPI, October 2006, based on contracts covering 10,000 employees or more, by number of clients).
• Ranked as the 6th largest diversified outsourcing company in the U.S. (Fortune, 2006).
• Named China’s HR Outsourcing firm of the Year and Consulting Firm of the Year for Change Management (ChinaSTAFF Magazine, 2005).
• Recognized as Outstanding HR Consulting Firm in China (SMART Fortune, 2004, 2005).
• Featured as one of the 100 Best Places to Work for IT (Computerworld, 2001, 2002, 2003, 2004, 2005).

Key Facts – Hewitt Latin America/Puerto Rico

• Recognized as the developer of the first benefits outsourcing solution in Puerto Rico, uniquely created to deliver to both large and small employee populations (1996)
  
  
  • Developed the first regional web-based outsourcing solution (2000), which now serves over 15 countries in Latin America, Central America and the Caribbean
• Developed the "20 Mejores Patronos" (20 Best Employers in Puerto Rico), which has become the benchmark study of HR best practices in the island. Since the beginning, Hewitt has partnered with PriceWaterhouseCoopers and El Nuevo Dia in this study (1999)
• Developed over 10 industry/market group total rewards studies, which are typically run on an annual basis to provide the most up-to-date data based on industry/market sector (1992)
• Provides in-country annual "Data Flight" seminars outlining both regional and in-country reward trends (2004)
• Developed regional brokerage business to provide clients options in obtaining assistance with the design and delivery of health and welfare benefits
  
  
  • Puerto Rico has over 40 premier clients, which are serviced by a brokerage team focused on bringing the best cost savings and service on the island (2000)
• Provides Outplacement/Transition Management services to many organizations through a unique approach, combining our consulting expertise and our knowledge of the island's workplace (1990)
• Developed the ability to administer local defined contribution (savings) plans (known either by the Puerto Rico tax code 1165(e) or by the US tax code 401(k) plans) (1990)
  
  
  • Daily valuations and local bundled approaches developed to serve the local market
• Named in Brazil and Puerto Rico's Top Consulting firm lists in 2004

For more information, contact Public Relations at 847-883-1000 or visit www.hewitt.com.