Towers Watson

  www.towerswatson.com
  www.towerswatson.com

Towers Watson Reviews

Updated 15 December 2014
Updated 15 December 2014
406 Reviews
3.3
406 Reviews
Rating Trends

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Towers Watson CEO John Haley
John Haley
194 Ratings

Review Highlights

Pros
  • I like that they focus a lot on employee health and work/ life balance (in 30 reviews)

  • Flexible work environment depending upon the office and the manager (in 29 reviews)


Cons
  • A lot of reviews have quoted an excellent work/life balance but I don't see it (in 52 reviews)

  • No work life balance during peak seasons (in 12 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Great clients, Great Resources, Poor Career Development

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

    I have been working at Towers Watson full-time (more than 8 years)

    Pros

    - Client Base is class leading for Benefits
    - Strong resources due to national depth
    - Reasonably flexible atmosphere (no one watching to see if I was at my desk from 8-5)
    - Pay and benefits were reasonable for my role and skill set
    - Variety of work is engaging
    - Worked with very talented people

    Cons

    - Work-life balance is an issue for many (trade-off for flexibility)
    - You're "in" or "out" here in terms of pay and promotions. I was generally in but I saw the disparity
    - Bureaucracy is too powerful
    - Career development is a joke in terms of going from mid level to senior level in Retirement. The decline of DB plans is killing their ability to move people to senior consultant and is driving away younger talent who would have found a way to partner roles in the past in retirement

    Advice to ManagementAdvice

    Invest in your 31-40s who are good in Retirement. Don't let dinosaur 50s and 60s weight the firm down. Figure out your best 1-3 people at this level in every office. Sit down and discuss what opportunities are available to them for the next 12-24 months and how those help them grow to level 50.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Drive your own career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Human Resources in Reigate, England (UK)
    Current Employee - Human Resources in Reigate, England (UK)

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

    Pros

    Great people. My team are brilliant to work with and there are some very inspiring associates throughout all regions and areas of the business. As part of HR you get to participate in initiatives such as the 'connectivity committee' which is an associate listening programme where you get to input ideas and give feedback.

    Cons

    It is a big company so you have to find your niche I suppose.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great workplace for young professionals looking to launch lasting career.

    • 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 (more than 3 years)

    Pros

    Great place to work for a young professional looking for career development and advancement opportunities (not just actuaries and/or analysts!). Training and mentoring is provided on a daily basis through team/committee work and also through direct contact with your people manager. Overall collaborative, relaxed and fun work environment.

    Cons

    While there is room for quick advancement for young professionals, starting base salaries are not as high as offers from competitors. Overall compensation package and career opportunities help to outweigh this disparity.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great Place to Work For

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Manila, Manila (Philippines)
    Current Employee - Business Analyst in Manila, Manila (Philippines)

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

    Pros

    Company puts a high premium on ensuring work-life balance. They also get managers who really care for its people, and ensures great career development.

    Cons

    Unless you are a team leader/manager, compensation may not be as competitive. Those looking for good retirement plans should also review what this company is offering, as it needs to be updated to be in tune with the times.

    Advice to ManagementAdvice

    Keep up the good work. Totally appreciate that you listen to your employees' voice.

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 5 people found this helpful  

    Extremely hostile work environment for African Americans.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Towers Watson

    Pros

    Good benefits, including a pension plan.

    Cons

    While there are a few really cool people there, the 1950s culture largely consists of prejudiced consultants who refuse to hire or work with African Americans. Those few African Americans who manage to get hired are usually undermined by a steady flow of malicious, unwarranted complaints and insults from their colleagues that eventually run them out of the company.

    Advice to ManagementAdvice

    Stop discriminating against African Americans in your culture. Provide your employees with diversity training to help them overcome their biases. Hold your managers accountable for fairness in hiring, retention and promotions through their compensation and incentives. Model other companies that have been successful in transforming their culture to an inclusive one. Stop making excuses as to why you have virtually no African Americans at your company.

    Towers Watson Response

    Dec 11, 2014Director – Talent Acquisition, The Americas

    Thank you very much for taking the time to provide this feedback and express your concerns. We regret that your experience hasn’t been favorable but can assure you that Towers Watson is committed to ... More

  7.  

    Smart People, No Growth potential, Capricious reviews

    • 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 (more than 5 years)

    Pros

    Flexibility on how you work
    REALLY smart people
    Work is often interesting - though it can get mundane.

    Cons

    Forced to 'create' your own career - very little guidance and consequently very easy to get lost.
    If you don't meet your billable goal, it really doesn't matter what else you may have done.

    Advice to ManagementAdvice

    Look at the full skill set of your employees - and consider building a rotational program to develop fully well-rounded consultants. You too easily pigeon hole people.

    Neutral Outlook
    Approves of CEO
  8.  

    Too big for its own good

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

    I have been working at Towers Watson full-time (more than 8 years)

    Pros

    Flexibility, work with smart people, good PTO allowance, stable

    Cons

    Too much bureaucracy - hard to make changes. Business units are very silo'ed, so it's very difficult to rotate into different roles.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 4 people found this helpful  

    Great culture and top talent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Health & Group Benefits Analyst in Houston, TX (US)
    Current Employee - Health & Group Benefits Analyst in Houston, TX (US)

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

    Pros

    Managers allow you to have a good work/life balance. Flexible about work hours/working from home. Very smart, talented and mostly patient people (at least in my office). Allows two all expenses paid trainings per year for professional development.

    Cons

    Tougher advancement of opportunities if you don't speak up about what you want. May get stuck in doing the same work if you become an 'expert' in your office.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    It's ok

    • 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

    Pros

    Good people, work with top clients

    Cons

    Limited upward mobility, work is very cyclica, high turnover

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Can't think of anything bad to say

    Current Employee - Senior Actuarial Analyst in Calgary, AB (Canada)
    Current Employee - Senior Actuarial Analyst in Calgary, AB (Canada)

    I have been working at Towers Watson full-time (more than an year)

    Pros

    All of the things that people generally say I would agree with. Co-workers are great.

    Cons

    Hours, bonuses low, turnover seems to be high but other than that all good.

    Doesn't Recommend
    Negative Outlook

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