There are newer employer reviews for Willis

3 people found this helpful  

Great People, Great Co-Workers, Subpar C-Suite

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

I worked at Willis full-time for more than 5 years

Pros

Willis is rwell-known in the benefits industry and is a strong player in the middle-market segment.

It's a great company to gain experience and have good work / life balance.

For the most part, co-workers are very nice, friendly, professional, cordial, in sum - good team members.

Willis also has the best offices in the industry. Nice office locations, very modern office layout with brandnew office equipment.

Cons

Pay and benefits lag the industry in general. Willis paid too much money for its HRH acquisition in 2008 and as a result could ill afford to give its hard-working employees raises or 401K matches for more than 2 years.

There is little opportunity for training or advancement.

The company claims to have an aggressive sales culture when in reality new business production is inconsistent and varies between offices. There is no "up or out" sales mentality. Average does it.

Company CEO likes to have his photograph everywhere. Company offices, company website, intranet, etc., ad nauseum. . . You get the picture (no pun intended)!!!

Lastly, but most importantly, Willis has replaced merit / performance bonuses with what it calls "Cash Retention Awards". Tthe problem with this cash retention award is that you have to pay the company back if you leave voluntarily. Currently, the vesting period for the bonus is 3 years.

That's like rubbing salt into the wound as Willis is already below par when it comes to comp and ben due to the HRH acquisition.

This Cash Retention Award only destroys employee morale and ultimately, loyalty. A company that is an employer of choice does not need to worry about its employees jumping ship because potential employees will beat a path down your door for a chance to work for you. Paying your employees a bonus is simply the cost of doing business and rewarding hard-work.

Advice to ManagementAdvice

The current CEO likes to tout that Willis has the best people in the industry and is the best insurance broker in the world. So, why not back up those words with action? And please get rid of the Cash Retention Award just like you got rid of the pointless "Clients Before Contingents" stance.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

184 Other Employee Reviews for Willis (View Most Recent)

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  1. 2 people found this helpful  

    Mediocrity and Egos dominate the corporate atmosphere.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Specialist  in  Chicago, IL
    Current Employee - Account Specialist in Chicago, IL

    I have been working at Willis full-time for more than 3 years

    Pros

    A wide variety of opportunities are available provided you are the head-down-and-work type, regardless of the instructions.

    Cons

    Leaders I was involved with were more concerned with how their superiors would view them under the metrics that currently exist as opposed to fixing issues/problems. Free thought not encouraged. Serious issues with recognize outside the box thinkers.

    Advice to ManagementAdvice

    Better ways to evaluate and reward your employees. Horrible retirement benefits need to be improved. Retention bonuses are a joke.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  2.  

    Very Good Company to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President Client Services  in  New York, NY
    Former Employee - Assistant Vice President Client Services in New York, NY

    I worked at Willis full-time for more than 8 years

    Pros

    CEO is excellant individual to work for and cares about staff, aggressive business growth

    Cons

    Lack of communication between business units leaves limited ability to cross sell and increase carreer growth opportunity for employees

    Advice to ManagementAdvice

    Hold on to talented people

    Recommends
    Neutral Outlook
    Approves of CEO
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