LONDON - Hewitt Associates, a global human resources services company, has announced that it is merging with Löneanalyser, Sweden´s leading compensation consultancy, to create Hewitt Löneanalyser AB. The new company offers Nordic region clients improved access to HR consulting and outsourcing services, as well as the most up-to-date compensation survey and analysis capabilities.
Hewitt has worked successfully with Löneanalyser in a joint venture for the last seven years, concentrating on the fields of pensions and HR consulting. Löneanalyser was founded in 1987 and currently has 45 employees.
Roger Parkin, European head of Consulting for Hewitt Associates said:
"I am delighted that we are creating Hewitt Löneanalyser. We have enjoyed a fruitful joint venture relationship in Sweden with Löneanalyser and we now have the opportunity to combine our operations more completely and become the best provider of HR solutions for the Nordic countries.
"Hewitt´s worldwide presence means that an increasing amount of our work comes from global clients. This merger ensures that we will have a highly effective hub in the Nordic region to serve clients that operate in Sweden as well as Denmark, Finland and Norway."
Joakim Lundberg, managing director of Löneanalyser said:
"This merger is the ideal solution for Löneanalyser. We have operated with great success for almost 20 years but combining with Hewitt´s global capabilities will enable us to expand the range of our work faster and more efficiently.
"The Nordic region has enjoyed considerable business growth in recent years and now issues such as the new pension legislation being introduced in Sweden are providing increased consulting opportunities - many within major global organisations. Merging with Hewitt will provide the extra capability to make the most of these opportunities and open doors to many others."
About Hewitt Associates
With more than 60 years of experience, Hewitt Associates (NYSE: HEW) is the world´s foremost provider of human resources outsourcing and consulting services. The company consults with more than 2,400 organisations and administers human resources, health care, payroll and retirement programmes on behalf of more than 350 companies to millions of employees and pensioners worldwide. Located in 35 countries, Hewitt employs approximately 22,000 associates. For more information, please visit www.hewitt.com.
About Löneanalyser
Löneanalyser AB is Sweden´s leading HR consulting firm, specialising in the areas of compensation, benefits and market data. The company was founded in 1987 as a subsidiary to Svenskt Näringsliv (Confederation of Swedish Enterprise) but has been privately held since 1997. With the purpose of further strengthening its leading position, Löneanalyser started the joint venture Hewitt/Löneanalyser AB together with Hewitt Associates in 1999. In 2002 Löneanalyser started a subsidiary in Norway - HR Partner Norge AS, working in the same areas as Löneanalyser in Sweden.