Towers Watson Reviews

Updated 29 August 2014
Updated 29 August 2014
349 Reviews

3.4
349 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Towers Watson CEO John Haley
John Haley
174 Ratings

Review Highlights

Pros
  • I like that they focus a lot on employee health and work/ life balance (in 22 reviews)

  • Smart professionals, great working environment and work/life balance (in 24 reviews)


Cons
  • Work life balance (there is none) - Long hours/weekend work (in 40 reviews)

  • No work life balance during peak seasons (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Work hard play hard

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Towers Watson full-time for more than 10 years

    Pros

    People are incredible to work with and very knowledgeable in their skill set
    If you want something, go after it. Make a business case and go after it!
    Many of the leaders have grown up from the business.
    High performing organization, challenge you day after day.
    You get to work with the top companies in the world.
    Tenure is high due to the incredible culture

    Cons

    Demanding work. Project based work that demands from you highly during critical periods of the project.
    You think you are high performing? Everyone is here.

    Advice to ManagementAdvice

    Keep doing what you are doing. Growing and challenging associates day after day

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great people but too much internal politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Investment Analyst  in  Toronto, ON (Canada)
    Current Employee - Senior Investment Analyst in Toronto, ON (Canada)

    I have been working at Towers Watson full-time for more than 3 years

    Pros

    Broad experience and good people, some people will mentor junior members

    Cons

    Poor pay, long hours, career development is not focused and far to much internal politics

    Advice to ManagementAdvice

    Improve pay if you want to retain talent, not competitive also improve communication and examine to issue with regards to internal politics

    Positive Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    If you enjoy 60 hour work weeks - this is the place for you!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Towers Watson full-time for more than 5 years

    Pros

    Decent Pay
    Telecommute/office location
    Intelligent & nice People

    Cons

    Work life balance (there is none) - Long hours/weekend work. This results from encouraging extra work for additional client billable hours.
    Entering in your time
    Staffing is not adequate
    Minimal number of paid days off
    Medical benefits are sub par compared to other employers
    Some team managers and project managers are disrespectful to staff
    Morale of many many workers can be dismal.

    Advice to ManagementAdvice

    Let people have a life outside of work. Hire more people. Create a positive morale work environment and stop being critical. Don't let a 60 hour work week be the norm!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    A great place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Philadelphia, PA (US)
    Former Employee - Anonymous Employee in Philadelphia, PA (US)

    I worked at Towers Watson full-time

    Pros

    Towers has many talented employees and the company offers flexible schedules.

    Cons

    The company has a few bad managers.

    Recommends
    No opinion of CEO
  6.  

    Fast paced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Pension Benefits Analyst  in  Boston, MA (US)
    Current Employee - Pension Benefits Analyst in Boston, MA (US)

    I have been working at Towers Watson full-time for less than a year

    Pros

    Lot of very knowledgeable employees. If you prove your worth and knowledge they will reward you. The products being offered to clients are very good and the collaboration between teams continues to get better. Lots of new work in the pipeline for the future.

    Cons

    With those rewards they can lose sight of how much someone can possibly handle at once. Can be very high turnover in lower levels which leads to lack of consistent work product.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Good but not great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consulting Actuary  in  Dallas, TX (US)
    Current Employee - Consulting Actuary in Dallas, TX (US)

    I have been working at Towers Watson full-time for more than 10 years

    Pros

    Smartest people in the industry
    Best resources
    Good benefits

    Cons

    Merger is still evident 3+ years later
    Middle management struggling to get upper managements ideas into motion
    Constantly moving target when it comes to year end measurement

    Advice to ManagementAdvice

    Keep pushing the envelope with new ideas and help roll those ideas out to the individuals more effectively.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Not great for growth opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant  in  New York, NY (US)
    Current Employee - Consultant in New York, NY (US)

    I have been working at Towers Watson full-time for less than a year

    Pros

    Good Benefits and work life balance

    Cons

    Not a lot of growth opportunities

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Incompetent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Actuarial
    Current Employee - Actuarial

    I have been working at Towers Watson full-time

    Pros

    Not a single thing is good

    Cons

    As a junior actuary I want to learn. To grow. To become the best at what I do.
    All I have done for the past year was cleaning data. When confronting management about this, they confirm that this will continue for the next 4 to 5 years, and even worse even people with 12 years of experience are still doing this.

    The methods we use are out-dated to say the very least. In our whole office there are only 3 people who knows how to program in VBA. If I suggest a better approach it is shot down almost immediately.

    I compare myself to my other actuarial friends in other companies and they are doing far more advanced things after 3 or 4 months than what I am doing after 1 year.

    The junior actuaries hired (and a large number of senior actuaries as well), are completely useless as well with one girl who will become a qualified actuary in a few years asked me (to mention one of the few stupid questions) how to concatenate 2 cells in excel.

    Another asking me what SC is exactly after working at TW for 7 months...

    Good talent is leaving TW.

    Advice to ManagementAdvice

    DO NOT EMPLOY IDIOTS. Set up a testing system in which candidates much attain a certain level to be considered to join TW.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Make sure you have a people manager who takes development seriously.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst
    Former Employee - Analyst

    I worked at Towers Watson full-time

    Pros

    Exposure to various clients and industries.

    Flexible work environment depending upon the office and the manager.

    Cons

    You'll do the same work over and over again. If you get stuck with a people manager who doesn't care about development you can get dead ended. Some offices afford you more flexibility than others. Average benefits. I highly recommend not starting your career at Towers. Other firms do a much better job of developing their people. Go to Hay, Pay Governance or Pear Meyer if you are starting your career in this field. You'll be treated much better as an analyst or project manager.

    Advice to ManagementAdvice

    Do a better job of picking people managers. Look at what offices have high turnover/haven't promoted people and ask yourself what has been the constant.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 5 people found this helpful  

    Poor Division Leadership, stifled internal issues & no incentive to perform well.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  New York, NY (US)
    Former Employee - Analyst in New York, NY (US)

    I worked at Towers Watson full-time for more than 3 years

    Pros

    -Some great colleagues who are all very intelligent.
    -Somewhat flexible working schedule (remote, etc).
    -Exposure to varied clients

    Cons

    -Well below market compensation and pitiful bonuses.
    -WAY too much emphasis on billable hours. The hours target is unrealistic unless you work like a horse.
    -ZERO incentive to perform well - bonuses are severely lacking.
    -No clear Performance Review process: Mid-Year was often skipped with no explanation. Process was disjointed and inefficient (e.g., Employees who had limited exposure to you will be asked to review you - nothing done about achieving your objectives).
    -No recognition - "It's your job, why should we let reward you?"
    -VERY poor Division Management (specifically in the OSI division in the East). Leaders are "fake" and absent in helping you build your career.
    -No advancement opportunities - if you're an Analyst, plan to stay in that role. They only hire consultants externally. Even then, the salaries are a joke (6+ year consultant was at $68k in NYC).
    -No adjustment for Cost-of-Living: Example, those working in NYC are compensated the same as those in Atlanta.
    -"Back-stabbing" and pointing fingers is the norm.

    Advice to ManagementAdvice

    -Focus on the employee, not their billable hours
    -Create incentive to actually perform above expectation
    -Meet market pay
    -Replace division leaders in OSI (esp. the East) with those who are both astute in the business world AS WELL as possessing some semblance of EQ.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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