Medical and dental care is just the beginning of our commitment. At Hewitt, our benefits are proof positive that your success is as important as ours. From day one, we protect your health. We invest in your future. And we do little things that make a real difference.
Take a closer look at all of the advantages that we're able to offer. It's everything you expect from an organization that is focused entirely on people — and then some.
Hewitt provides:
Programs to Keep You Healthy
Programs to Build Financial Security
Programs to Protect Your Income
Programs to Provide Time Away
Programs to Make Your Life Easier
Programs to Help You and Your Family
Programs to Recognize Your Contribution
Programs to Help Our World
Programs to Keep You Healthy
Medical Care
To protect you and your family against extraordinary medical expenses. The Medical Plan provides a range of choices — depending on your location: a High Deductible Medical Plan with a Health Savings Account option, a Preferred Provider Organization (PPO) option, an Exclusive Provider Organization (EPO) option, and a Health Maintenance Organization (HMO) option. All these options include prescription drug coverage.
Dental Care
To provide you and your family with coverage for preventive dental care and protection against extraordinary dental expenses. The plan pays all or a portion of eligible expenses for a wide range of services and gives you the option of going to the dentist of your choice.
Vision Care
To help you pay expenses associated with eye care. The plan provides coverage for exams, lenses, frames, and contact lens expenses.
Health Care Flexible Spending Account
To provide you with a tax-effective means of paying for eligible health and related expenses not covered by medical, dental, or vision plans. You can deposit up to $5,000 pre-tax into this account each year. Features of Hewitt's Your Spending Account administrative services also make it convenient for you to use these pre-tax account dollars to help you pay for your or your covered family member's eligible expenses.
Health and Wellness Credits — Choose Health Wellness Program
To help you pay the costs of the health care choices you make. Hewitt subsidizes the cost of your medical and dental costs based on your elections, and provides wellness credits based on your completion of a confidential Health Risk Questionnaire (HRQ). These credits are provided to help purchase your health care coverage, to help you focus on your overall health, and to address any health risks you may have (as confidentially identified by our third-party provider through your completion of the HRQ). Also, through the free and confidential Choose Health Wellness program, you and your dependents will have access to a wide variety of tools and resources including online health coaching, a 24/7 nurse help line, and telephonic health coaching for certain disease states). You can use your credits to help purchase your medical, dental, and vision coverage. If you have other coverage and do not need coverage through Hewitt, you can also "opt out" and use your available credits to help purchase other pre-tax benefits, take them as cash after-tax over each pay period during the year, or contribute them to your Retirement and Savings Plan 401(k) account. Even if you opt out of medical coverage, you may still take the HRQ and utilize the Choose Health Wellness program offerings that are available. Your health, and that of your dependents, is important to Hewitt.
On-site Choose Health Wellness Centers (Specific locations only)
To provide convenient access to health care services. Hewitt has a confidential (run by third-party vendors) on-site health clinic and pharmacy at its largest location in Lincolnshire, Illinois (open in January 2009). With plans for another location in The Woodlands, Texas, Hewitt is committed to providing you with easy, confidential, and convenient access to health care at the office. The Lincolnshire site will include a medical clinic that will provide preventative care exams, laboratory services, allergy shots, immunizations, etc. along with a fully functioning pharmacy with prescription drug services, pharmacy counseling, and over-the-counter medications and supplies.
Programs to Build Financial Security
Retirement and Savings Plan
To help you in your overall retirement strategy and to save for your retirement. You can contribute up to 50% of your pay on a before-tax and/or after-tax basis, up to the legislative limits. You also have the option of making Roth 401(k) contributions and if your age 50 or older, catch-up contributions to both the before-tax 401(k) and Roth 401(k), up to the legislative limits.
You choose how your savings are invested among a variety of investment funds that include Target Retirement Portfolios (a pre-mix of our investment options), and can take loans against your vested balance. You also may easily roll a 401(k) balance into this plan from a prior employer.
Annual Hewitt Profit Share Contribution
Hewitt makes an annual contribution to your savings account based on your total pay (base pay plus variable pay) earned during the fiscal year. You vest in Hewitt's annual contribution after 3 years of service.
Company 401(k) Match
Hewitt makes a dollar-for-dollar match on your before-tax 401(k) contributions and Roth 401(k) contributions, up to the first 4% of your base pay each pay period, up to the legislative limit. At the end of the year Hewitt will also "true up" any contributions missed if you reach the legislative limit before the end of the calendar year.
Financial Planning
To help you make informed financial decisions regarding your retirement savings. Associates have access to financial planning seminars offered throughout the year as well as a robust benefits web site. Our Personal Finance Center provides education and assistance with setting up IRAs or 529 plans, and referrals to a network of qualified financial planners.
Programs to Protect Your Income
Short-Term Disability (STD)
To provide you with continued income if you are disabled for up to six months. The Short-Term Disability plan will pay you 100% of pay replacement for up to 7 weeks of disability, if needed, following your initial week of disability as a qualifying period with pay replacement from your Paid Time Off bank. If needed, 80% pay replacement follows for up to 18 weeks of disability. Long-Term Disability benefits may be available following 6 months of qualified disability.
Long-Term Disability (LTD)
To provide you with continued income if you are disabled for longer than six months. Benefits equal to 60% of your pre-disability base pay may be provided if you are still unable to work after six months of continuous disability.
Life Insurance
To provide you and your survivors with financial protection in the event of your death or the death of a covered dependent. Hewitt provides Basic Associate Life Insurance at no cost to you. In addition you can choose to purchase Optional Associate Life Insurance and Dependent Life Insurance. The benefits you receive depend on the coverage in effect when you or your covered dependent dies.
Accidental Death and Dismemberment (AD&D) Insurance
AD&D Insurance is designed to pay benefits if you or a covered dependent dies or suffers certain physical losses because of an accident. Hewitt provides Basic Associate AD&D insurance at no cost to you. You may choose to purchase Optional AD&D Insurance for you and your dependents. The benefits you receive depend on the coverage in effect when you or your covered dependent dies or suffers a covered loss as the result of an accident.
Long-Term Care
To help you pay for care-giving services should you or a family member experience an illness or disability resulting in chronic incapacitation and the need for ongoing care. You may choose from a range of daily benefits at special group insurance rates you pay through convenient payroll deductions.
Programs to Provide Time Away
Paid Time Off (PTO) Bank
To provide paid time away from work for rest and relaxation, to attend to personal/family matters, to recover from illness/injury, or for additional holidays or vacation time. The number of hours of PTO you accrue annually is determined by how many complete years of service you have at the end of each month. If you're a full-time associate with less than four completed years of service, you earn 18 days each year. The annual rate of accrual increases at 4, 8, and 12 complete years of service, up to a maximum of 27 days each year.
Holidays
To recognize national holidays. Hewitt provides eight paid holidays each year. Six scheduled holidays are observed by Hewitt throughout the U.S., and two are provided during the year as "floating" holidays to meet your personal needs.
PTO Buying
To provide associates with additional flexibility in scheduling and taking PTO. Each year during the flexible benefits enrollment period in the fall, full-time associates may buy up to five additional days of PTO in one-day increments.
Civic/Jury Duty
To enable associates to serve. You receive your full pay if you are called to serve as a juror — plus any stipend or reimbursement you receive from the jury commissioner — up to a maximum of two weeks (ten days) within a one-month period every two years.
Bereavement
To provide associates with time to make arrangements, attend services, and grieve if an immediate family member dies. Typically, associates may take one day (and potentially up to three days under certain circumstances) of paid bereavement time.
Programs to Make Your Life Easier
LifeCare™
To help when you or a family member is struggling with work or family issues. LifeCare is a national resource and referral service available to help associates with parenting, education, elder care, legal, financial, or health and well-being issues.
Associate Assistance Program (AAP)
To provide you and your immediate family with timely professional counseling to help assess problems, provide short-term assistance, and provide referral for more in-depth help when needed.
Tuition Reimbursement
To help you further your individual development. Reimbursement for 85% of the cost of tuition, books and fees for approved courses taken at an accredited institution. The maximum reimbursement is $5,000 per year.
Group Legal
To offer you a cost-effective way to obtain legal help. This plan provides access to attorneys (at no charge) for most legal services, including real estate transactions, creating or updating wills, creating or updating trusts, and civil or criminal court proceedings. Reimbursement for attorneys outside the plan is also provided, up to certain limits.
Stop Smoking Plan
To provide financial support when you, your spouse/partner or child(ren) decide to quit smoking. Reimbursement is 100% of the cost of an approved smoking-cessation treatment program.
Health and Benefits Fair
To support your efforts to stay healthy. Most Hewitt locations sponsor a fair each year offering simple wellness tests (blood pressure or cholesterol screenings, for example) and the opportunity to talk to experts about health, benefits, or fitness issues.
Conveniences and Discounts
To help associates cost-effectively meet personal and professional needs. Conveniences and discounts vary by location, but often include: discounts on entertainment (movies, theme parks, etc.), auto purchases, auto or other personal insurance, cell phones, clothing, computers, home office equipment, fitness center memberships, Hewitt Gear, etc.
Programs to Help You and Your Family
Dependent Care Flexible Spending Account
To provide you with a tax-effective source of funds for eligible dependent/elder care expenses. You can deposit up to $5,000 pre-tax to an account each year, subject to IRS restrictions, to reimburse dependent/elder care expenses you incur so you can work.
Sick Dependent Care
To provide reimbursement for extra dependent care expenses you incur because your child is not able to be cared for by your regular care giver. You can be reimbursed for up to five days per year, in full- or half-day increments, for additional expenses related to the care of an eligible sick dependent while you are at work.
Adoption Assistance
To provide you with financial assistance and time away when adopting a child. Reimbursement of up to $5,000 of eligible adoption-related expenses for each successful adoption (limit two adoptions per year), plus one week of paid time off.
Overnight Dependent Care
To ease the financial burden of dependent care when you are out of town on business. You'll receive reimbursement of dependent care expenses incurred if you, and your spouse/partner (if applicable), are out of town overnight on business or if you work significantly beyond your normal hours.
Overnight Care for Pets
To ease the financial burden of caring for pet(s) when you are out of town on business. You'll receive reimbursement of pet sitting or kenneling costs (up to $20 daily) if you are out of town overnight on business and incur expenses by having someone care for your domestic pet(s).
Interest-Free Computer Loans
To provide financial support for associates in need of home computer equipment. You may take out an interest-free loan to purchase a home computer, printer, modem and/or fax and repay the loan through convenient payroll deductions.
Programs to Recognize Your Contribution
Service Recognition Program
To recognize long-term commitment and contributions to the firm. You'll receive a certificate and your choice of service-recognition gifts when you celebrate your 5-, 10-, 15-, 20-, 25-, 30-, and 35-year anniversaries with Hewitt.
Splash
To provide additional time off in your anniversary years, at five-year increments. "Splash" is additional paid time off you receive in certain years to recognize your service with Hewitt. If you're a full-time associate, you're eligible for a week of Splash time in the year you reach your fifth year of service with Hewitt. In your tenth year of service, you receive two weeks of Splash time. In your 15th year, and every five years thereafter, you earn three weeks of Splash time.
Service Credits
To provide additional credits from Hewitt to help you pay for the cost of the flexible benefits you choose to enroll in. You will receive service credits based on your length of service with Hewitt. You can use all available credits to help purchase your medical, dental, vision, flexible spending accounts, and/or purchased PTO benefit coverage options. If you have other coverage and do not need coverage through Hewitt, you can "opt out" of benefit options and elect to take any remaining credits as cash after-tax over each pay period during the year, or contribute them to your Retirement and Savings Plan 401(k) account.
Programs to Help Our World
Hewitt Time for Hewitt Concerns
To support associates who wish to give back to their communities. Hewitt will provide up to two days of paid time off each year for you to volunteer your time to help an eligible human services or educational cause.
Hewitt Foundation
To support associates' charitable giving. The Hewitt Foundation accepts contributions from associates and distributes them to organizations nominated by associates.
Matching Gift Plan
To encourage support of educational institutions. Hewitt will match your contribution, up to $500 per year, to a college or secondary school of your choice.
