Towers Watson Reviews

Updated April 16, 2015
308 reviews filtered by
  • Any Location
  • Any Job Title
  • Current Employees

308 Employee Reviews

Sort: Popular Rating Date
  1. Co-Workers are Great!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Benefits in Pittsburgh, PA
    Current Employee - Benefits in Pittsburgh, PA

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I've been there for 19 months and I mostly enjoy The People, We have such a Great Team in Benefits, The work can be challenging with all of the industry changes, Salary is decent, The Paid Time Off is great, Beautiful New Office Space in PPG. Wide range of hours to work.

    Cons

    Work Force Management needs to work with people on a more personal level, for family circumstances. They need to have just a little human component to them...somewhere. While we understand that bottom line and company needs take precedent, they need to work with people so that they want to stay and continue to grow there. That stands on every level.

    Advice to Management

    Please don't lose the Family component. We all work hard, but also need support for schedules and family circumstances. Management needs to listen to key personnel when issues arise and address them in a more timely fashion.

  2. Helpful (7)

    Pension Analyst/Administrator - Pension Administration Group (PAG)

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

    I have been working at Towers Watson

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Easy to get hired (most locations now focus on new hires who start as temps for 6 months or a year, which is great if you do not have experience, or they only hire those with a lot of experience in a rival company). The company is very flexible - you get 15 days of PTO from your date of hire and as long as you get your work done ahead of time, you can take them as needed. Also, the company recently changed their dress-code policy from business casual to allow you to wear jeans everyday if you wish (still under the business casual umbrella, though - clients do visit the offices and you should look put together). Also, working from home has not been an issue when I've needed to, but the company still likes you to be in the office on a regular basis.

    Cons

    Salary is much lower than the industry standard and negotiation of salary or requests for a raise are generally met with a "Nope". If you are a good, smart, hard-working employee, you generally get taken advantage of in terms of having to do a majority of the workload on teams, however, if you speak up about being overworked it's generally remedied pretty quickly. There is a billable hours requirement (which is standard for a majority of corporations), however, it is unattainable. For the lower level employees you are expected to have 1600 hours of BILLABLE time per fiscal year (ie., time the company can bill to a client for work you've done - if you don't have anything to do, you don't get billable hours). If you do the math on that 1600 hour goal, you need to get 6.7 hours of billable work per day MINIMUM, every single day of the week, WITHOUT taking account for holidays or PTO (or slow-periods within the company where your workload may be at a minimum, to no fault of the employee). In a nutshell, it is not an attainable goal for most people. Additionally, your billable hours goal is worth 70% of your yearly assessment and therefore greatly affects your promotion and salary increase possibilities. There is not a clear path of advancement and you are generally oblivious to what other departments do within the company (and therefore, you are not aware of the opportunities they may present to you). Finally, if you move voluntarily while employed for Towers Watson, do NOT expect a Cost of Living Adjustment to your salary.... even if you ask for it. The response will be "we didn't ask for you to move, you're not worth that to us".

    Advice to Management

    The CEO has been traveling all around the country for the last year (and will continue to do so in 2015) to introduce himself and "see what the people think" - the reality is that he gets to travel the country on the company's dime (including the travel expenses, meals, hotels, etc.) to pop into an office or two for a couple of hours where the employees aren't going to speak up about anything because nobody knows him on a day-to-day basis. I'm not saying that he is a bad guy in any way (I've never met the man), but this exercise is wasteful and futile. Reallocate those travel funds to pay your employees what they deserve - I guarantee your turn-over rate will decrease.

  3. Helpful (1)

    Great Consultancy

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great work life balance, sharp, driven, colleagues. Prestige of being a preeminent HR consultancy.

    Cons

    None at the moment.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    Excellent experience. Great company with great people.

    • Comp & Benefits
    • Culture & Values
    Current Intern - RxCollaborative Pharmacy Group Purchasing in Stamford, CT
    Current Intern - RxCollaborative Pharmacy Group Purchasing in Stamford, CT

    I have been working at Towers Watson as an intern

    Recommends
    Recommends

    Pros

    The employees are all great, very helpful, patient, and hard working. Enjoyable place to work at and learn as an intern.

    Cons

    There could have been increased potential in tasks assigned.

  6. Helpful (1)

    Still figuring it out

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Towers Watson

    Pros

    Great people
    Exposure to different industries

    Cons

    Not sure about career opportunities
    So-so line of sight

  7. Helpful (4)

    Ehh..Denver office

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Lots of PTO, decent benefits, free food once in awhile

    Cons

    Can't have our own desks, boring mudane work, snotty coworkers.
    The Denver office has run out of room so we have to share desks. Take a day off? Someone will be sitting at your desk. Management has told us "real estate is too expensive." So please stress your workers out more by making us not able to have your own space. Also, not much of a career path when the majority of your employees are taken off the street with no background or financial experience. Plus the Denver employees are just snotty and stuck up.
    At least this experience has made me realize I am sick of working for this industry and now getting a Master's degree.
    Oh and pay is a joke, making less than 40k and I have experience. Plus you will not get promoted until 18 months in, I've been told what a great job I'm doing but no promotion or raise. So I'm basically doing nothing challenging because you can't do anything outside of your level.

    Advice to Management

    You don't care about your employees, if you did you would obtain more space, the Denver office is growing, don't punish us by making us share desks...if you had a clue you would know this increases turnover by 35%. But you can always hire from Applebee's.

  8. Helpful (7)

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

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    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 Management

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

  9. Helpful (4)

    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
    Current Employee - Senior Actuarial Analyst in San Francisco, CA

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    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 Management

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

  10. Interesting Work, Awesome People, Not Sure About Exit Opportunities

    • 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 a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great people, really friendly environment.
    Very interesting work, truly at the cutting edge for the field.
    Tremendous learning opportunities in HR, but applicable any job or career
    You get exposed to clients very early on, but with good guidance and feedback from managers.
    Busy, but flexible hours, not unreasonable deadlines.
    Good opportunities for growth, development, and promotion.
    Growing firm, great job stability.

    Cons

    Mediocre pay and health benefits.
    Technology is awful.
    Senior consultants often don't push back, leading to sometime unreasonable assignments and tight budgets.
    Niche market means less exit opportunities. Sometimes, getting promoted from really seems like the best/only way to go.

    Advice to Management

    Excellent culture of feedback and development.
    Invest in some new, more efficient technology and more robust benefits.

  11. Helpful (1)

    It's a good company

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

    I have been working at Towers Watson as a contractor (less than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Pay, hours and some employees

    Cons

    Wish it wasn't a temp position

    Advice to Management

    Hire more people, especially young college graduates. We may not all have the work experience, but we're tech savy people.

Work at Towers Watson? Share Your Experiences

Towers Watson

 
Click to Rate
or

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