Hewitt Associates News

Employers are improving access to their 401 plans, according to a survey released Wednesday, November 4. The Hewitt Associates Inc.

Ilhavo, Portugal a ' 03/11/2009 a ' SADIF Investment Analytics, announces a new summary due diligence report covering Cintas Corporation .

The likelihood of employees taking a cash distribution from their 401 plans when leaving their jobs, rather than keeping the money in the plan or rolling it over to an individual retirement account or a new employer's retirement plan, is directly related to a worker's age, according to a study released Wednesday.

Donald Palmisano, thanked Maine Senators Olympia Sno... SAN FRANCISCO-- --Fitch Ratings has assigned a 'BBB' rating to the approximately $224 million in certificates of participation , series 2009, to be issued by Palomar Pomerado Healt... WASHINGTON-- --The head of the nation's largest engineering industry trade association says Congress and the ...

Lincolnshire resident Janice Hand joins Executive Service Corps of Chicago as a volunteer consultant to nonprofit organizations and public agencies in the Chicago region.

In February the government gave people who lost their jobs in 2009 a big helping hand, agreeing to pay a portion of their COBRA health insurance premium.

In the midst of open enrollment season for health insurance benefits, workers need to make sure they're getting the most bang for their buck.

Online classified powerhouse AutoTrader.com plans to consolidate several offices and move to 3003 Perimeter Summit, where it would park at least 1,200 employees.

The Obama administration is considering whether to seek an extension of a federal law that subsidizes COBRA health insurance premiums for workers who are involuntarily laid off, a White House spokesman said Monday.

Group health care plan costs rose 6% this year, the same rate as last year, according to an analysis released Tuesday.

Health-care rates are projected to increase about 6 percent for employers in 2010, according to an analysis by Hewitt Associates, a global human resources consulting and outsourcing company.

Workers in the Chicago area should prepare to contribute 10 percent more for health insurance premiums next year and pay more than 9 percent in additional out-of-pocket costs.

"? Bruce Japsen Sep. 28, 2009 -- The cost of medical benefits is projected to jump again next year with premiums and out-of-pocket expenses rising 10 percent, and that likely will mean more pain for workers, who have seen their share of the tab triple since 2001.

Tapping 401 retirement funds to meet expenses is a last resort for many investors, but the relentless economic downturn took its toll this year, as hardship withdrawals saw double-digit increases , according to record keepers.

Amid the worst Chicago employment market in 26 years, a surprising number of job seekers are unwilling to take significant pay cuts, according to a new survey.

What was positive in theory back in 1986 became a dark reality for health insurance policyholders.

"A federal subsidy designed to make health insurance more affordable for laid-off workers has led to a doubling in the number of people who have opted to continue their former employer's coverage,"  USA Today  reports. The subsidy, created by the federal stimulus package, covers 65 percent of COBRA premiums for workers who were laid off ...

The percentage of involuntarily terminated employees opting for COBRA continuing health insurance coverage has doubled since a federal subsidy program began, according to an analysis released Tuesday, August 18.

Hewitt Associates runs an array of human resource and outsourcing businesses that can be counted on for steady profitability and cash flow generation.

Salaries in Atlanta rose 2.8 percent in 2009, which was higher than the national average, but are expected to remain flat in 2010.