Hewitt to Acquire Compensation Survey and Consulting Firm in Australia
posted in Outsourcing News and Top Outsourcing deals |Source: www.foxbusiness.com
LINCOLNSHIRE, Ill., — Demonstrating further progress in executing its focused growth agenda, Hewitt Associates, a global human resources services company, today announced it has signed an agreement to acquire CSi - The Remuneration Specialists, a specialist compensation consultancy that provides highly regarded data, analytics and compensation consulting solutions to organizations in Australia and New Zealand. CSi adds a strong compensation analytics capability to Hewitt’s broader-based HR consulting strengths in the region and makes Hewitt the only consulting company in Australia capable of delivering deep capabilities across compensation, engagement and other human capital applications to its clients.
Founded in 1985, CSi offers high-quality survey data on specific industries, occupations, and a wide range of job types, to companies of all sizes in Australia and New Zealand. CSi also provides compensation consulting services, compensation training and proprietary analytical tools.
“For the past two years, we’ve achieved double-digit growth in Asia Pacific, and we continue to look for opportunities that will further accelerate our growth and enhance our capabilities in key areas like talent, rewards and compensation consulting,” said Perry Brandorff, president of Hewitt’s consulting business. “CSi is a great addition to the Hewitt portfolio. The company is aligned with the strategic direction and growth plans of our Consulting business, and the acquisition further cements our position as one of the leading human resource consulting firms in the world.”
“Hewitt has been looking to strengthen its compensation analytics capabilities in Asia Pacific, and CSi was a natural fit,” said Matthew Levin, senior vice president of corporate strategy and development at Hewitt. “Our two companies have many complementary strengths and a shared client-service philosophy. Adding CSi’s market leading compensation analytics products and expertise to our current capabilities enables us to provide clients with comprehensive HR consulting services that are unmatched in the region.”
