Watson Wyatt

  www.watsonwyatt.com
  www.watsonwyatt.com

Watson Wyatt Reviews

54 Reviews
3.6
54 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Watson Wyatt Chairman, President, and CEO John J. Haley
John J. Haley
39 Ratings

Review Highlights

Pros
  • Good work/life balance (averaged 40-45 hrs a week as a "band 1" analyst) (in 5 reviews)

  • Great opportunities for advancement (in 4 reviews)


Cons
  • long hours, ambiguity with leadership (in 3 reviews)

  • A single medical plan option: high-deductible health plan with HSA, and WW's contribution is paltry (in 3 reviews)

More Highlights

10 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    i loved it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Help Desk Technician in Washington, DC
    Former Employee - Senior Help Desk Technician in Washington, DC

    I worked at Watson Wyatt

    Pros

    the management is outstanding, i had alot of opertunities to gain new skills,

    Cons

    we moved far too often

    Recommends
    Approves of CEO
  2.  

    Great experience. A great place to work and grow in a career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Compensation Consultant in Wellesley, MA
    Former Employee - Compensation Consultant in Wellesley, MA

    I worked at Watson Wyatt

    Pros

    Alot of opportunities for advancement. Very competitive compensation package. Wonderful people to work with. Lots of diversity in terms of clients served. Services we provide are very valuable and I was proud to be a part of the compensation team.

    Cons

    Sometimes have too much pressure to get projects done quickly. Don't like to be constantly compared to other co-workers performance.

    Advice to ManagementAdvice

    Give more support to employees that work hard but may not have a lot of self confidence. These are the employees that are loyal and really care about producing quality work.

    Recommends
    Approves of CEO
  3.  

    Great place to work

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

    I have been working at Watson Wyatt

    Pros

    There are many great reasons to work at Watson Wyatt. High salaries and bonuses which are performance based, are top on the list. The Watson Wyatt brand is well respected in the industry -- this reputation is well deserved.

    Cons

    I only have 2 complaints about Watson Wyatt. The health insurance option & the Performance Development Program (PDP). There is only one option for health insurance -- a "consumer directed high deductible plan". The PDP is too time consuming.

    Advice to ManagementAdvice

    Continue what you are doing in commuticating to the employees regarding the (yet to be finalized) merger with Towers Perrin.

    Recommends
    Approves of CEO
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  5.  

    Best of the bunch

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Consultant in Phoenix, AZ
    Current Employee - Senior Consultant in Phoenix, AZ

    I have been working at Watson Wyatt

    Pros

    The corporate culture is respectful and serious, but relaxed enough to be comfortable; the atmosphere is fun; The co workers are people you want to spend time with outside of work

    Cons

    Benefits are surprisingly poor for a benefits consultng firm; like all consulting firms, your experience will depend on the location and the practice

    Advice to ManagementAdvice

    Improve your benefits fo ryou employees so you can be an example for your own clients! Start with a reasonable (competitive) vacation/PTO policy!

    Recommends
    Approves of CEO
  6.  

    WW Review

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

    I have been working at Watson Wyatt

    Pros

    Open-door policy, outstanding client opportunities

    Cons

    Ever-changing software tools, short turnaround time for projects

    Advice to ManagementAdvice

    present a simpler and clearer vision of the practice areas we operate in so all levels of associates can be more effective in representing WW to our clients

    Recommends
    Approves of CEO
  7.  

    Watson Wyatt is a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Director in Arlington, VA
    Former Employee - Director in Arlington, VA

    I worked at Watson Wyatt

    Pros

    WW has a very comfortable culture. It is not at all unusual for junior staff to connect with senior leadership. Leadership places a high priority on both taking care of client needs and innovation. The Associate Development Council is a perfect example of how leadership prioritizes the needs of associates. The recent global rollout of performance management is another example. John Haley has done a very good job of managing the company through difficult times. I anticipate that WW will manage the current economic times better than most organizations. Overall I highly recommend WW

    Cons

    More feedback from managers would be helpful.

    Advice to ManagementAdvice

    Continue the work that has been started with the ADC

    Recommends
    Approves of CEO
  8.  

    Great place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Administrative Assistant in Southfield, MI
    Current Employee - Administrative Assistant in Southfield, MI

    I have been working at Watson Wyatt

    Pros

    If you like to keep busy, this is the place for you. If you like to work with incredibly wonderful and talented people, this is the place for you. Great salary and benefits as well.

    Cons

    Commute - the drive from most any direction is annoying.

    Advice to ManagementAdvice

    None.

    Recommends
    Approves of CEO
  9. 1 person found this helpful  

    Better than

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Consultant in San Francisco, CA
    Current Employee - Senior Consultant in San Francisco, CA

    I have been working at Watson Wyatt

    Pros

    1. The work--you must love the type of work. 2. The people--good people at WW; back stabbing is uncommon. Like any consulting firm, your satisfaction will depend upon your workload, your practice, and your office. Having worked at another firm, I can say that the people and culture at WW are genuinely nice and supportive. Though a public co, WW seems to get less stressed about quarterly numbers than Hewitt and Mercer (of course that can change with a recession). Also, unline Towers, WW does not seem to have a lot of old employees sticking around waiting for an IPO so they can retire and keeping the younger employees from advancing in the interim.

    Cons

    For a benefits consulting firm, WW's benefits are not great. Pay could always be better, but for this particular industry, WW pays the same as the other firms. Workload seems to vary by practice.

    Advice to ManagementAdvice

    Take a few more risks. Also, make promotion decisions (criteria) more clear.

    Recommends
    No opinion of CEO
  10.  

    An incredible experience

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

    I worked at Watson Wyatt full-time (more than 8 years)

    Pros

    I was able to work with some of the best in the industry. Particularly in RIC (the research group) and in the Organization Effectiveness Practice. At time, the most rewarding experience of my career.

    Cons

    The Account Management Group. The account management group had a leadership problem; constantly changing focus and metrics to the point where the group lost direction.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Successful company with bright future

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Consultant
    Current Employee - Senior Consultant

    I have been working at Watson Wyatt

    Pros

    Great capabilities, culture and client relationships. Balanced and competitive compensation and benefits program that works best for long-tenured employees. People who consistently contribute and perform usually are recognized and rewarded. There is adequate flexibility for consultants to define their own career to suit their personal needs. Those who want to zoom to the top can do so if they are willing to pay the price. Those who want more balance can carve out a niche and be fairly treated as long as they remain productive.

    Management continues to be more collaborative rather than top-down. Good consultants often do not make for very good managers, and the firm appears to recognize that.

    Unlike the other major HR consulting firms, mid-career folks often succeed at Watson Wyatt.

    Cons

    Matrix management structure that balances client perspective (geography) and consultants (practices) results in more confusion than is necessary. Strategy is fairly clear, but there is still too much empahsis on geography for a firm that is focused on working with large, global companies.

    Client demands can often border on the ridiculous, but their needs come first. If you want predictability or have trouble keeping priorities straight, consulting is not for you.

    As a public company, senior management takes care of investors first and then employees. As a shareholder, I applaud this approach but as an employee it sometimes bothers me. But it seems to have worked well since the IPO.

    Advice to ManagementAdvice

    Too much emphasis on salary and pension and not enough on bonus/equity. Top performing senior consultants should receive equity grants in addition to bonus. There are not enough retention hooks besides pension plan. Band structure is ok but should be revised -- 10 to 12 bands for professional employees would be better than the current six. This would allow more regular recognition of associates developing quickly, particularly junior staff.

    Recommends
    Approves of CEO

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