Towers Watson

  www.towerswatson.com
  www.towerswatson.com

Towers Watson Reviews

Updated 17 November 2014
Updated 17 November 2014
398 Reviews
3.4
398 Reviews
Rating Trends

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Towers Watson CEO John Haley
John Haley
191 Ratings

Review Highlights

Pros
  • I like that they focus a lot on employee health and work/ life balance (in 29 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 51 reviews)

  • No work life balance during peak seasons (in 11 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great Company to work for

    • 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

    Pros

    Worldwide firm with personal recognition.

    Cons

    Nothing that I can think about

    Recommends
    Approves of CEO
  2.  

    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
  3.  

    Secretarial work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Towers Watson full-time

    Pros

    People are great if you are lucky enough to find them

    Cons

    I do mostly secretarial and admin work

    Advice to ManagementAdvice

    Give your analysts better work and move faster with decisions

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  5.  

    Bad management, lack of communication

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

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

    Pros

    The people you generally work with are really nice and generally quite helpful.
    Company pays for any study you want to do.

    Cons

    Management is poor in terms of communicating to employees leading to lack of team moral and motivation. Projects aren't planned properly meaning no organisation, work being rushed and having to be redone, etc.

    Advice to ManagementAdvice

    Listen to your employees and take their thoughts into consideration

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    dreadfull local management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Pensions Administrator in Welwyn Garden City, England
    Former Employee - Senior Pensions Administrator in Welwyn Garden City, England

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

    Pros

    job to pay your bills

    Cons

    people are treated there like dirt, promotions by who you know and not what you know

    Advice to ManagementAdvice

    the big bosses need to put system in place where they can monitor technical knowledges and human skills of their managers on an annual basis by requesting feedback from all employees under the particular manager

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Get on the conveyor belt, don't be ambitious, don't expect positive change. I'd suggest you dont bother!

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

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

    Pros

    Exceptional colleagues that keep you sane during the daily grind. CFA/FIA paid for and adequate study support. Exposure to a range of departments.

    Cons

    Management completely disintegrated from analysts. Pay is extremely low until senior management, which is freely admitted. You won't get promoted quickly by being good or working hard, you are put on a conveyor belt and expected to be happy with it. Bonus is a joke again until more senior and you have to wait for seniors to die/retire/leave before positions are made available.

    London office is depressing and dull. Sometimes work 8am - 10pm whilst seniors leave at 6.

    Only apply if you enjoy updating spreadsheets, models and drafting emails for seniors. If you're lucky they might let you "check" other peoples attempts at making the circle bullet points squares.

    Advice to ManagementAdvice

    If you hire the top talent don't expect to keep them for long if you don't start treating them fairly. Look at the deadwood in the higher ranks and promote the potentials. Don't treat the underachievers the same as the stars.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 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
  9.  

    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
  10. 2 people found this helpful  

    Merger very slow - many people unmotivated

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

    I have been working at Towers Watson

    Pros

    Good benefits and work life balance

    Cons

    Lots of senor management haven't got a clue. Very much 'grade' orientated - you have to be a certain grade to have ceratin knowledge shared with you - very old fashioned approach

    Advice to ManagementAdvice

    Actually show an interest in your staf and appreciate that for many ex Towers Perrin staff in the UK this feels like a takeover

    Doesn't Recommend
    No opinion of CEO
  11. 1 person found this helpful  

    Intern, analyst and senior analyst--first job.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Actuarial Analyst in San Francisco, CA (US)
    Current Employee - Senior Actuarial Analyst in San Francisco, CA (US)

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

    Pros

    Broad exposure to lots of different work. Good place to learn a lot, fast. Consultants care about growth and development of analysts. I liked my team. Allowed flexible schedules and working arrangements. Casual attire.

    Cons

    A lot of turnover. People kept on leaving, and were often not replaced. Too much work for too few analysts. Very few consultants started at the company and worked their way up.

    Advice to ManagementAdvice

    Hire more people. Better training of junior staff to reach consulting level skills.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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