Towers Watson

www.towerswatson.com
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Employee Reviews

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  1. 3 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
  2.  

    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
  3. 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 a 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
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  5. 3 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
  6.  

    Good Company

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

    I have been working at Towers Watson

    Pros

    Great Company, Well Respected, Training Program, Opportunity to Grow

    Cons

    Pay Low, long hours sometimes

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Overall good company, great benefits, slow to address market needs.

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

    I have been working at Towers Watson full-time

    Pros

    Great working environment. Very warm. No pressure. Almost encourage you to work from home. Great flexibility. Great benefits, especially for wellness. Great communications from senior management.

    Cons

    Average salaries. Multiple goals you have to hit to get one bonus. No training budget. Very politically correct. Can take years before management OKs an offering that the market is demanding now. Multiple overlapping emails etc from senior management touting results.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Pension Actuary specializing in originally completing valuations. Recently all about special projects.

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

    I have been working at Towers Watson

    Pros

    Flexible, Great People, Good Pay, Strong Benefits

    Cons

    Limited breadth of projects, Only 1/50 people get great opportunities

    Advice to ManagementAdvice

    Be more agile, Care more about your analysts and their development

    Recommends
    Positive Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Good as a career starter but bad for a long-term employment (Retirement LOB)

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

    I worked at Towers Watson

    Pros

    Professionalism
    Great people
    Work ethics
    Any work you get after this will be a vacation

    Cons

    No work-life balance
    Low salary for the amount of work (due to the industry price pressure)
    No future for the retirement industry

    Recommends
    Neutral Outlook
  10.  

    Inbound Medicare Sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Benefits Advisor in South Jordan, UT (US)
    Former Employee - Benefits Advisor in South Jordan, UT (US)

    I worked at Towers Watson

    Pros

    The pay seems to be very good for the type of work entailed.

    Cons

    The licensing exam is probably the biggest obstacle to gaining employment.

    Advice to ManagementAdvice

    Management was great.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Motivating the Motivated

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Consultant in Beijing, Beijing (China)
    Former Employee - Senior Consultant in Beijing, Beijing (China)

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

    Pros

    Lots of opportunity to bring disruptive innovation.

    Cons

    Long hours because new consultants were slow to hired

    Advice to ManagementAdvice

    Bump up the employee brand

    Recommends
    Positive Outlook

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