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Wednesday, April 7, 2010 as of 11:14 AM ET

Hewitt Associates

Hewitt Associates (), based in Lincolnshire, Illinois, United States was a global human resources (HR) outsourcing and consulting firm delivering a complete range of integrated services to help companies manage their total HR and employee costs, enhance HR services, and improve their workforces.

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Aon 4Q Profit Higher on HR Sales, Overhaul

Aon (NYSE:AON) revealed a 20% jump in fourth-quarter profit on Friday that just surpassed Wall Street expectations, as the world’s largest insurance broker continued to benefit from its lengthy overhaul and acquisition of Hewitt Associates .

While total operating expenses climbed 3% to $3 billion, charges related to its restructuring plan declined to $43 million. The company continues to benefit from synergies related to its 2010 $4.9 billion acquisition of Hewitt Associates, which created the biggest human resources services company in the world.Aon, which recently revealed plans to move its corporate headquarters from the U.S. to London, said HR Solutions increased 3% to $1.2 billion on stronger commissions and fees."While macro economic conditions remain challenging globally, we are firmly on track to deliver improved growth in 2012,” Aon chief executive Greg Case said in a statement.For the fourth quarter, the Chicago-based reinsurer posted net income of $277 million, or 84 cents, c...

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