Comp, Consultants and Conflicts of Interest

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Published in Human Resource Executive Online February 8, 2010 by Mark McGraw

On Feb. 1, Hewitt Associates announced it closed on a partial divestiture of its executive-compensation-consulting business in North America.  Under the terms of the agreement, a select number of principals and consultants will leave Hewitt to form Meridian Compensation Partners, which will operate as an independent executive-compensation consultancy, according to the Lincolnshire, Ill.-based human resources consulting and outsourcing services company.

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