Magazine article Workforce Management

Hewitt Back on Growth Track with Purchase

Magazine article Workforce Management

Hewitt Back on Growth Track with Purchase

Article excerpt

HR OUTSOURCING

Hewitt Associates' recent acquisition of RealLife HR, a Hunt Valley, Maryland-based health and welfare benefits administrator, marks the HR services provider's first sign of expansion in several months.

On August 27, the Lincolnshire, Illinois-based company announced the acquisition of RealLife HR, which has 85 employees and services employers with 15,000 or fewer employees.

The acquisition, although small, indicates that the HRO provider is back in the game after a few stumbles, observers say. Hewitt has spent the past several months working to revive its HRO business. In May, the company announced a new head of its HRO business, Jay Rising, to replace Bryan Doyle, who retired last year.

"This shows that Hewitt is no longer in triage mode," says Michel Janssen, managing director at the Hackett Group.

While the acquisition of RealLife is not a big one, it's a positive sign to the market that Hewitt is being proactive. Details of the deal were not disclosed.

"It's good news that Hewitt is playing a little bit of offense here," Janssen says. …

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