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Willis...good company in need of change.

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

I have been working at Willis full-time (more than 5 years)

Pros

Ability to form your own career path and very flexible working environment. Great interaction between New York and London-based teams.

Cons

Inability of management to reward employees who perform and weed out employees who underperform.

Recommends
Neutral Outlook
No opinion of CEO

189 Other Employee Reviews for Willis (View Most Recent)

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  1. 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 (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
  2. 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 (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
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