Towers Watson

www.towerswatson.com

Towers Watson Reviews

Updated 29 January 2015
Updated 29 January 2015
426 Reviews
3.4
426 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Towers Watson CEO John Haley
John Haley
199 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

153 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good company

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

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

    Pros

    Great support to qualify for CFA
    Very high caliber senior people at Band 50 and 60 which is encouraging

    Cons

    Not many people get to Level 50 or 60
    Very silo'd approach within the investment division

    Recommends
    Negative Outlook
  2.  

    Investment analyst

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

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

    Pros

    Culture study package training opportunities

    Cons

    Long hours not much meritocracy to get ahead early on

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Professional organisation doing good things - a bit stiff and boring though.

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

    I worked at Towers Watson full-time

    Pros

    Good name, good services and good people

    Cons

    No clear goals that make business sense

    Advice to ManagementAdvice

    Let go of the hierarchy and be more inclusive to all levels when thinking about innovation

    Recommends
    Neutral Outlook
    Approves of CEO

    Towers Watson Response

    Oct 09, 2014Segment Lead Recruiter

    Thanks for your positive comments. We think agree that we have good people! Thanks for the constructive advice as well.

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  5.  

    Investment consulting department

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

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

    Pros

    Excellent family of intelligent people

    Cons

    None that I consider worth mentioning

    Advice to ManagementAdvice

    More focus needed on sustainable investments. No harm in considering Impact investing / Micro-credit.

    Recommends
    Positive Outlook
    Approves of CEO

    Towers Watson Response

    Oct 09, 2014Segment Lead Recruiter

    Thanks for your review!

  6.  

    Career enhancing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Non Life Actuarial Manager in London, England
    Former Employee - Non Life Actuarial Manager in London, England

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

    Pros

    Professional, intelligent, and friendly colleagues.
    Reasonable pay
    Better than average IT though nothing to write home about
    Interesting and challenging work
    Pretty good morale

    Cons

    Too much down time between contracts.
    Uncompetitive chargeout rate
    Some of the best people have left
    At management level it can be difficult to work on projects other than those that fit your skill set, meaning less chance to diversify skilks - though still opportunities to get better at what you do know.

    Advice to ManagementAdvice

    Hold on to the more charismatic and popular people in your organisation as this is what made it a good place to work.

    Neutral Outlook
    Approves of CEO

    Towers Watson Response

    Oct 09, 2014Segment Lead Recruiter

    Thank you for taking the time to write a review and for noting our professional, intelligent and friendly colleagues.

  7. 2 people found this helpful  

    Supportive and encouraging

    • 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

    Always welcoming questions, support us through exams and always provide help through to qualification.

    Cons

    Due to the sheer size of the firm, it can be difficult to bring innovation to the forefront. Bureaucracy can slow firm in comparison to small competitors

    Recommends
    Neutral Outlook
    Approves of CEO

    Towers Watson Response

    Sep 30, 2013Segment Lead Recruiter

    Thank you for taking the time to write a review and for your positive comments around study support.

  8. 1 person found this helpful  

    Great values - bit stodgy since the merger

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

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

    Pros

    Great people - genuinely very clever; great IC, environment, collaborative, genuine , authentic and they live their values; long tenure;

    Cons

    Senior leadership very average; not terribly dynamic; risk averse; conservative and traditional; too much silo'd behaviour between lines of business (but gettting better at that)

    Advice to ManagementAdvice

    Please retire and let some younger more dynamic people get on with it

    Recommends
    Positive Outlook
    Disapproves of CEO

    Towers Watson Response

    May 14, 2013Segment Lead Recruiter

    Thank you for taking the time to write a review on glassdoor.com. We're glad to hear about all of the positive things about being a Director in London and pleased that your areas of concerns are ... More

  9.  

    Great place to learn

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

    I have been working at Towers Watson full-time

    Pros

    A great place to learn!
    Excellent study support
    Friendly culture
    Young company and very social
    Supportive of learning
    Coworkers collaborate well and do not compete or judge
    7% pension contribution is great

    Cons

    In the UK, the head office is in Reigate, which is in the middle of the countryside and very inconvenient to reach by both public transport and car (parking spaces are only given after working 4-5 years at the firm)
    Hours can be long.
    Not a good place to earn!
    Career progression can be slow especially for technical, non-client facing roles
    Career progression very much related to the time worked at the company, rather than your performance or the value you add.
    No reward on hard work, promotion is the same as it is related to the time you've worked at the firm and bonuses are standardized
    Very difficult and political to move teams, and limited opportunity to move across geographies despite being a global company
    Managers only care about their own team and don't care about the company as a whole, limiting employees opportunities to learn how the business works
    Every role in Towers Watson is very specialist due to the size of the firm, limiting future prospects and hindering exit opportunities

    Advice to ManagementAdvice

    Offer the employees a broader learning opportunity and the opportunity to move across teams and locations. Lots of good employees get stuck in the wrong team and then end up leaving the firm when they could have added lots of value to the firm

    Recommends
    Negative Outlook
    Approves of CEO
  10.  

    Excellent study support.

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

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

    Pros

    Excellent study support. good opportunities for progression.

    Cons

    Salary increases in th elast few years have been poor, but I guess this is market-driven.

    Advice to ManagementAdvice

    Need to do more to retain junior associates.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Good experience, nice people, development opportunities available

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

    I worked at Towers Watson

    Pros

    - Nice people
    - Conveniently located office
    - Exposure to senior clients early

    Cons

    - Still struggled with post-merger culture issues
    - Unrealistic utilization and billable hours goals made for stressful environment
    - Staffing model could be better

    Recommends
    Neutral Outlook

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