Towers Watson

  www.towerswatson.com
  www.towerswatson.com
There are newer employer reviews for Towers Watson

1 person found this helpful  

A great work environment with excellent people and challenging tasks.

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

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

Pros

- Quick promotion and raises for actuarial track employees
- Experience of working with experts in the healthcare and actuarial fields
- Very dedicated teams with a strong client-focus

Cons

- Can be difficult to maintain work/life balance
- Sometimes seems there is low investment in systems and resources, though this appears to be changing

Advice to ManagementAdvice

You're doing a great job, make sure to continue to reinvest in the company and hire sufficient associates to meet staffing needs.

Recommends
Positive Outlook
Approves of CEO

410 Other Employee Reviews for Towers Watson (View Most Recent)

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  1. 1 person found this helpful  

    Make sure you have a people manager who takes development seriously.

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

    I worked at Towers Watson full-time

    Pros

    Exposure to various clients and industries.

    Flexible work environment depending upon the office and the manager.

    Cons

    You'll do the same work over and over again. If you get stuck with a people manager who doesn't care about development you can get dead ended. Some offices afford you more flexibility than others. Average benefits. I highly recommend not starting your career at Towers. Other firms do a much better job of developing their people. Go to Hay, Pay Governance or Pear Meyer if you are starting your career in this field. You'll be treated much better as an analyst or project manager.

    Advice to ManagementAdvice

    Do a better job of picking people managers. Look at what offices have high turnover/haven't promoted people and ask yourself what has been the constant.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 6 people found this helpful  

    Poor Division Leadership, stifled internal issues & no incentive to perform well.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Towers Watson full-time (more than 3 years)

    Pros

    -Some great colleagues who are all very intelligent.
    -Somewhat flexible working schedule (remote, etc).
    -Exposure to varied clients

    Cons

    -Well below market compensation and pitiful bonuses.
    -WAY too much emphasis on billable hours. The hours target is unrealistic unless you work like a horse.
    -ZERO incentive to perform well - bonuses are severely lacking.
    -No clear Performance Review process: Mid-Year was often skipped with no explanation. Process was disjointed and inefficient (e.g., Employees who had limited exposure to you will be asked to review you - nothing done about achieving your objectives).
    -No recognition - "It's your job, why should we let reward you?"
    -VERY poor Division Management (specifically in the OSI division in the East). Leaders are "fake" and absent in helping you build your career.
    -No advancement opportunities - if you're an Analyst, plan to stay in that role. They only hire consultants externally. Even then, the salaries are a joke (6+ year consultant was at $68k in NYC).
    -No adjustment for Cost-of-Living: Example, those working in NYC are compensated the same as those in Atlanta.
    -"Back-stabbing" and pointing fingers is the norm.

    Advice to ManagementAdvice

    -Focus on the employee, not their billable hours
    -Create incentive to actually perform above expectation
    -Meet market pay
    -Replace division leaders in OSI (esp. the East) with those who are both astute in the business world AS WELL as possessing some semblance of EQ.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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