Towers Watson

  www.towerswatson.com
Work in HR? Unlock Free Profile

Towers Watson Reviews

Updated Jul 17, 2014
All Employees Current Employees Only

3.3 326 reviews

83% Approve of the CEO

Towers Watson CEO John Haley

John Haley

(162 ratings)

67% of employees recommend this company to a friend

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)

326 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Investment consulting department

    Investment Consultant (Former Employee) London, England

    ProsExcellent family of intelligent people

    ConsNone that I consider worth mentioning

    Advice to Senior ManagementMore focus needed on sustainable investments. No harm in considering Impact investing / Micro-credit.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Satisfactory but not challenging

    Investment Analyst (Former Employee)

    ProsGood 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.

    ConsRigid 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 Senior ManagementNeed to make more effort to be offering varied, challenging work to junior employees.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Incompetent

    Actuarial (Current Employee)

    ProsNot a single thing is good

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

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great for those who are starting out

    Senior Analyst (Current Employee) Reigate, England

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

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

    Advice to Senior ManagementReview salaries and make adjustments to address the attrition rate

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Great colleagues, shame about the managment

    Anonymous Employee (Former Employee) London, England

    ProsWorked with mostly a nice bunch of people, good office locations in London, get to work alongside some very knowledgeable people. One definite plus is the name looks good on your CV if nothing else.

    ConsUnderstaffed for most of the time I was there and found it to be very old boys network, if they or the senior people liked you you did well, if not tough luck and no chance of moving up. Non existent work life balance. Not great on bonus payments

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Used to be great as Towers Perrin .... but that was ages ago!

    Consultant (Current Employee) London, England

    Pros- remnants of intellectual capital still make it a good consultancy compared to the big four (who suck in human resource consultancy);
    - aspires to be the mckinsey of strategic HR ... and on occasion does a good job!

    Cons- little shop mentality all over the business - a cottage industry like behaviour amongst pricipals who will give projects to their favourites, shutting out new talent or those that could outshine them
    - will they EVER reward their consultants with market rates .... ironical for a reward consultancy to not drink its own coolaid
    - very unfriendly to consultants with young families or those due to go on maternity etc (though they say its worse at the big four)

    Advice to Senior Management- have been losing or not winning for a long time ... something is wrong
    - reward your peeps ...

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Career enhancing

    Non life actuarial manager (Former Employee) London, England

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

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    2 people found this helpful  

    Supportive and encouraging

    Anonymous Employee (Current Employee)

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

    ConsDue 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

    Yes, I would recommend this company to a friend

    Towers Watson Segment Lead Recruiter responded to this review

    Sep 30, 2013

    Thank you for taking the time to write a review and for your positive comments around study support.
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Employee Survey Analyst

    Employee Survey Analyst (Current Employee) London, England

    ProsEarly 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).

    ConsLong 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 Senior ManagementBetter transparency.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Disconnected, no job security

    Software Developer (Former Employee)

    ProsMany of the clients and actuaries that we worked with were very friendly and intelligent.

    ConsAccepting this job was the worst mistake of my career, which I've thankfully recovered from since. A lot of time was wasted on internal processes and objectives were very vague. I know people who were forced to leave for reasons that were contrived. They have had much more success at other companies since, with much higher salaries.

    There doesn't seem to be enough awareness of competing technologies.

    Advice to Senior ManagementFind ways to keep your best employees, enjoy themselves and be productive. Find ways to leverage and develop the skills of your employees and allow them to engage with their broader professional communities.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    Towers Watson Segment Lead Recruiter responded to this review

    Sep 30, 2013

    Thank you for taking the time to write a review and for your positive comments about the people who work here. Your constructive feedback will be passed on.

Worked for Towers Watson? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.