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
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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

111 Employee Reviews Back to all reviews

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  1.  

    Nice environment but not inclusive

    • 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

    Working environment is nice
    Associates are polite and respectful

    Cons

    Can be a bit more edgy
    It is not inclusive

    Recommends
    Neutral Outlook
  2.  

    Good people, good employment terms, but not very dynamic.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer in Cambridge, East of England, England
    Current Employee - Software Developer in Cambridge, East of England, England

    I have been working at Towers Watson full-time

    Pros

    Good pay & benefits, flexible hours, relaxed and low stress. The people are good, and close interaction with the actuaries who use and sell our software is a benefit. Software is increasingly recognised within Towers Watson as a major part of the business and prioritised by management.

    Cons

    Lots of corporate nonsense can be irritating and dis-empowering. Limited domain (actuarial modelling software and associated enterprise systems), conservative customers (insurance companies) and being Windows-only can mean limited opportunity to experiment with new and cool technologies or ideas. Limited scope to move between teams/products at will.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Towers Watson Response

    Nov 05, 2014Talent Acquisition

    Thanks for your comments - I have passed these onto the software team.

  3.  

    A professional, generally well-run company, but change is slow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Developer in Reigate, England
    Former Employee - Senior Developer in Reigate, England

    I worked at Towers Watson full-time (more than 5 years)

    Pros

    A great place to work if you want to be in a pretty large financial services company, and you like being based in a pleasant market town rather than The City.

    Cons

    In my area, many folks had been in post for many decades. Nothing wrong with this in principle but when long-timers dominate a department it can be impossible to effect change.

    Advice to ManagementAdvice

    Watch the demographics of every department; keep a balance of innovators and handle-crankers.

    Recommends
    Neutral Outlook
    No opinion of CEO

    Towers Watson Response

    Oct 09, 2014Segment Lead Recruiter

    Thanks for your comments about Reigate, it's a great town. Our software areas are growing across several lines of business so thank you for your remarks and please do communicate these with your ... More

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  5.  

    Satisfactory but not challenging

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

    I worked at Towers Watson full-time

    Pros

    Good colleagues and working environment. This is very important because you are able to ask senior people for advice and stressful moments are infrequent. Competitive basic package.

    Cons

    Rigid structures mean that the job can be very monotonous. Also there are very little performance rewards/penalties to differentiate in employee performance.
    Structure seems top heavy.

    Advice to ManagementAdvice

    Need to make more effort to be offering varied, challenging work to junior employees.

    Recommends
    Neutral Outlook
    No opinion of CEO

    Towers Watson Response

    Oct 09, 2014Segment Lead Recruiter

    Thank you for taking the time to write a review. We have been working on improving performance feedback and career rating guidance so hopefully this will address some of your concerns.

  6.  

    Great for those who are starting out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Reigate, England
    Current Employee - Senior Analyst in Reigate, England

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

    Pros

    Working with people who have a wealth of experience in the field
    Everyone is very helpful
    Most people are easy to work with

    Cons

    People complain about salaries
    People move to other firms as they provide better salaries
    Management does not seem to do anything about attrition

    Advice to ManagementAdvice

    Review salaries and make adjustments to address the attrition rate

    Recommends
    Positive Outlook
    Approves of CEO

    Towers Watson Response

    Oct 09, 2014Segment Lead Recruiter

    Thank you for your comments. Towers Watson operates a Total Rewards Package which we believe is competitive in the market but please do discuss this with your line manager as part of your ongoing ... More

  7.  

    Employee Survey Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Employee Survey Analyst in London, England
    Current Employee - Employee Survey Analyst in London, England

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

    Pros

    Early exposure to clients including true client relationship management over the course of a project in person, via email and on the phone.

    Some senior consultants are very collaborative and help analysts develop as better advisors to clients which includes involving analysts in survey design and results roll-out (including presentation to executive leadership).

    Cons

    Long hours during the busier periods (usually July to December) which can be as long as 15 hours straight and weekend overtime. This is all unpaid.

    Advice to ManagementAdvice

    Better transparency.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 3 people found this helpful  

    The times are a changin!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Consultant in Reigate, England
    Former Employee - Senior Consultant in Reigate, England

    I worked at Towers Watson full-time (more than 5 years)

    Pros

    Variety of work, flexibility to manage own work loads and good clients generally.

    Cons

    Targets, targets and more targets combined with requirement to charge for everything, open brown nosing and open 'sucking up' to move ahead, lack of collaboration and competition with colleagues.

    Advice to ManagementAdvice

    You lost the Watson Wyatt culture and sold your souls to rampant individualism, rewarding same and similar behaviours and suppressing difference. A good place to learn and then move on, but not a nice place to work and try make a difference in the finish.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Technology Associate in London, England
    Former Employee - Client Technology Associate in London, England

    I worked at Towers Watson full-time (more than an year)

    Pros

    Nice people to work with, multicultural atmosphere

    Cons

    Long hours, no work - life balance.

    Advice to ManagementAdvice

    Employee's are not treated as individuals with lives and families. There is more to life than profit.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 3 people found this helpful  

    You are a "temp" , and they only hire the unemployed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Benefit Advisor in Richardson, TX (US)
    Current Employee - Benefit Advisor in Richardson, TX (US)

    I have been working at Towers Watson as a contractor (more than 3 years)

    Pros

    VERY easy to get hired. If you have a Health and Life license and can breathe, you are hired. They hire approximately 1,500 people in August and lay 95% off in December.

    Cons

    I have been with Extend Health, now Towers Watson One Exchange for 3 seasons. It amazes me that Towers Watson professes to be a company that is always striving to improve "employee engagement" and they consult with their clients on how to improve "employee engagement", yet they have a company like ours where they hire thousands of "temps" each year with no intention of offering people full time positions.

    It is EXTREMELY easy to be hired at Extend Health. You merely need to pass the insurance exam, if you have not already, and you need to be unemployed. I say Unemployed, because who in their right mind would leave a permanent position to become a "temp" at One Exchange. So please consider while there are many professionals who are unemployed, there are also people who are unemployed for a reason. So hiring only from the "unemployed" pool puts you at a disadvantage from the get go.

    They spend SO much money on training. It really boggles my mind that it could cost less money to fire and rehire and retrain people every year than it would cost to keep people, invest in them, and develop them into top performers.
    Advice to Management
    Hire your people. Quit SAYING they are valued and SHOW them they are valued.

    Advice to ManagementAdvice

    Hire your people. Quit SAYING they are valued and SHOW them they are valued.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant in Hà Nội (Vietnam)
    Current Employee - Consultant in Hà Nội (Vietnam)

    I have been working at Towers Watson

    Pros

    Diversified career path, Flexible Benefits

    Cons

    Long working hours, projects pressure

    Advice to ManagementAdvice

    Get the right local country MC

    Recommends
    Negative Outlook
    Approves of CEO

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