WASHINGTON, May 2, 2005 – Watson Wyatt Worldwide, a leading international human capital consulting firm, announced it has opened the first dedicated research center of any major benefits consultancy in Latin America. The center, located in Montevideo, Uruguay, will conduct research to support Watson Wyatt’s human capital consulting services for large employers throughout the region and the world.
"While sound human capital practices are universal, local customs and policies vary greatly from region to region and country to country," said Peter Mills, Watson Wyatt regional manager for Latin America and the Caribbean. "Having research on the ground in Latin America will allow Watson Wyatt to help our clients create and implement evidence-based solutions throughout the region."
"The research center in Uruguay - Watson Wyatt’s sixth major research center around the world - underlines our commitment to provide integrated and innovative global solutions for clients, matched by extensive high-quality local resources," said Mirko Cardinale, a Watson Wyatt economist, who will manage the Latin American center.
The center will initially focus on research relating to employee benefits, executive rewards, pension risk and benefits communication.
About Watson Wyatt Worldwide
Watson Wyatt Worldwide is one of the world’s leading human capital consulting firms, providing services in the areas of employee benefits, human capital strategies and related technology solutions. The firm is a global alliance between U.S.-based Watson Wyatt & Company, a publicly traded company (NYSE: WW), and U.K.-based Watson Wyatt LLP, a privately held, limited-liability partnership. Together the companies operate as Watson Wyatt Worldwide, with more than 5,800 associates in 88 offices in 31 countries. Corporate offices are in Washington, D.C., and Reigate, England.
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