Hewitt Edge
Volume 1, Issue 6Outsourcing  |  Consulting
Feature Story: Managing Pension Volatility - Click Here to ReadManaging Pension Volatility

  Compensation
Managing Compensation in Europe
Hewitt’s Managing Compensation in Europe report provides economic indicators, trends in pay and performance practices across the region, and valuable insights to help HR managers in Europe make the right decisions for their organizations.

  Compliance
IRS Clarifies Rollovers From Qualified Retirement Plans to Roth IRAs
The Internal Revenue Service (IRS) issued guidance that provides some additional clarifications around the taxation of rollovers from an employer plan to a Roth individual retirement account (IRA).

IRS Delays FBAR Reporting by Employee Benefit Plans
The IRS delayed the deadline for Foreign Bank and Financial Accounts reports (FBAR) related to offshore investment funds held by pension plans and other employee benefit plans.

FTC and HHS Release Final Breach Notification Rules Under HITECH Act
The Federal Trade Commission (FTC) and the Department of Health and Human Services (HHS) have released final rules on health information breach notification requirements for entities covered under the Health Information Technology for Economic and Clinical Health (HITECH) Act.

  Corporate Transactions
One for All—Maximizing Sales Force Effectiveness Following a Merger
To maximize sales force effectiveness following a merger or acquisition, organizations need a compensation system that allows them to continually monitor results and rapidly respond to changes. Scott Sands, Hewitt’s Sales Force Effectiveness practice leader, provides guidance in this article from SYNYGY magazine.

  Health Care
Hewitt Launches New Solution to Help U.S. Companies Model Impact of Health Care Reform on Employer-Based Plans
Hewitt recently announced the rollout of its Health Reform Impact Model, a customized assessment that helps companies understand the potential design and financial impacts of this groundbreaking legislation on their existing health care programs and future health care strategies.

Pandemic Influenza: Issues and Employer Preparedness
Hewitt’s Pandemic Influenza Web page provides the latest information on the recent H1N1 pandemic. The Hewitt bulletin, H1N1 Influenza—Employer Pandemic Planning, provides some key actions employers should consider taking to ensure that their organization is prepared for the upcoming influenza season. It also includes other resources that may be helpful to employers during their pandemic planning activities.

Hewitt Comments on Expedited Review of COBRA Premium Subsidy Denials
Hewitt Associates submitted comments to the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) on August 13, 2009, concerning the expedited review of COBRA premium subsidy denials.

  HR Effectiveness
Navigating the Perfect Storm: Cutting Benefit Spending Without Alienating Your Workforce or Losing Your Competitive Edge
Increasingly, HR departments are being asked to do the seemingly impossible—spend less while also attracting, engaging, and retaining critical talent. With the current economic situation in the U.S., the pressure to cut benefit costs will intensify.

European HR Barometer Results Inspire Thought Leadership Analysis
The results of the Fourth European HR Barometer were at the heart of the recent conference organized by the Marco Biagi Foundation and the University of Modena and Reggio Emilia. The results were also presented in a paper on international HRM practices at Sciences Po University in Paris.

  Pension Risk and Investments
The Future of Pension Plan Risk and Investment Management
Market volatility, regulatory change, and derivative use—most companies lack the time and knowledge necessary to effectively navigate these challenges. In this webcast replay, learn how to address these challenges effectively.

  Leadership
Leaders Obtaining Hewitt Academy Certification in Asia
An interview with Jeannie Phun, senior HR manager in GroupM, about the new Hewitt Academy certification program and what it means to her career.

  Outsourcing
Employees Unlikely to See Significant Changes to Next Year’s Benefit Plans, According to Hewitt Associates
Most U.S. employers are taking a “wait and see” approach and forgoing significant overhauls to their benefit plans in 2010. As a result, employees can expect to see few major changes to their benefit plans when they enroll this year. Find out why it’s more important than ever for employees to make sure they use their benefit dollars wisely.

Help Your Employees Make Smart Benefit Choices During Annual Enrollment
Employees and employers alike are experiencing the pinch of increasing health care costs during this year's annual enrollment. The employees who actively participate in enrollment make benefit decisions that allow them to maximize the value of their benefit plans; however, last year 70 percent of participants simply defaulted into existing plans. Listen to this webcast replay to learn how employers can improve employee decision making using a high-tech/high-touch approach.

  Retirement
Hewitt Testifies to DOL on Opportunities to Improve the Retirement Security of Americans
Hewitt’s Alison Borland shares ideas with the ERISA Advisory Council on how to improve the defined contribution retirement system.

Global Retirement Update (September 2009)
Hewitt’s monthly report summarizes recent legislative developments and trends related to retirement and financial management, and highlights recently passed and pending legislation that may require employers to take action to comply with new rules or review existing plans.

  Talent and Performance
Hewitt’s Best Employers in Asia
See the winning companies of this year’s awards and learn how they differentiate themselves from the rest.

Engagement and Culture: Engaging Talent During Turbulent Times
In times of uncertainty and change, it is crucial to have a clear sense of direction. In this article, we present a summary of how engagement and culture can work together to create a successful and resilient workforce that can drive performance in turbulent times.

  New From Hewitt
Microhistory of Employee Benefits and Compensation, 1636–2009
This microhistory highlights the major events and legislation that Hewitt believes influenced the growth and quality of employee benefit plans and compensation practices in the United States from 1636 to 2009. Historical sources are sometimes contradictory and unclear, so this timeline may be imperfect. However, it’s still a valuable tool for examining developments and trends in employee benefits and compensation over the past 350+ years.

America’s Most Environmentally Friendly Corporations
Hewitt was recently named one of the “Top 500” List of America’s Most Environmentally Friendly Corporations by Newsweek magazine.

EC Appoints Hewitt for a Breakthrough Feasibility Study on Pan-European Pension
The executive arm of the European Union, the European Commission, has selected Hewitt to carry out a feasibility study and advise EU policy makers on the establishment of a pan-European pension fund for researchers. The analyses will address the legal, financial, and practical requirements to be considered for engineering cost-effective, cross-border pension arrangements that cover employers and employees from different countries.

Hewitt Global Report—Monthly Legislative Updates (September 2009)
Hewitt’s monthly updates summarize recent legislative activity, by country, for the following issues: labor environment, cost of employment, employment terms and conditions, retirement and Social Security, health care system, taxation of compensation and benefits, and issues for expatriate employees. The updates help employers determine whether they’re in compliance with national laws or need to make changes to their HR policies and benefit programs.

Asia-Pacific

Europe

Latin America

Middle East and Africa

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Podcasts and Webcasts

Podcast: Building a high-performance, high-commitment organization with Harvard's Michael Beer

Our newest Hewitt One-to-One podcast features an interview with Michael Beer, Cahners-Rabb Professor of Business Administration, Emeritus at the Harvard Business School. In this interview, Michael speaks with Hewitt's Bob Gandossy about what it takes to build a high-performance, high-commitment organization.

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Webcast: Commission Trends in the Current Economy and Planning for the 2010 Rebound

Learn how to differentiate best practices from "most prevalent" practices and how to make surgical changes to your sales commission programs to drive growth, without disrupting your sales force.

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Webcast: Washington's Growing Influence on Executive Compensation and Corporate Governance

Recent legislative proposals demonstrate Washington’s desire to increase oversight of executive compensation. One area of particular concern to public companies is the need to assess and manage risks associated with compensation programs. Join us for this webcast replay as we discuss important implications for boards and management.

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Webcast: Budget to Win: Retain Critical Talent Through Competitive Compensation

This webcast replay reveals the latest thinking about compensation budgeting and spending, along with detailed projections for the upcoming year. You'll learn how to leverage compensation data to make the right rewards decisions.

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Hewitt Associates is a global consulting and outsourcing company. Since 1940, we've helped the world's leading organizations of all sizes anticipate and solve their complex retirement, health care, workforce, and investment challenges.