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Towers Perrin
3.1 of 5 61 reviews
www.towersperrin.com Stamford, CT 5000+ Employees
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Towers Perrin Reviews

Updated Mar 6, 2013

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3.1 61 reviews

                             

67% Approve of the CEO

Towers Perrin CEO John Haley

John Haley

(3 ratings)

61% of employees recommend this company to a friend
61 employee reviews
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Philadelphia, PA

Former Employee – worked at Towers Perrin

ProsIt's not cut-throat Corporate. The people are very nice, and you will have a life outside work.

ConsAlthough you will have a life outside work, there's a reason for it. It's not very challenging at Towers, and it's can be cush job.

Advice to Senior ManagementTry to take more chances. Find out more about what generation Y wants in a job.

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Philadelphia, PA

Current Employee – been working at Towers Perrin

ProsI've only been with this company for few years now, but it seems like a great place to work. People here seem to be very professional and dedicated. There are a lot of career opportunities, and employees are being respected. Starting salaries seem to be fair and competitive, and benefits are rather generous compared to other companies. Company provides a lot of training and developmental tools for all level of employees. This company also is fairly flexible when it comes to work and personal life balance, and provides enough time off to support it. And there are a lot of growth opportunities in this place.

ConsJust like with many other companies, bureaucracy seems to be the biggest downside.

Advice to Senior ManagementProvide more feedback on completed projects and keep employees updated on current events.

Yes, I would recommend this company to a friend

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Philadelphia, PA

Current Employee – been working at Towers Perrin

ProsThey support work / life balance and trust their employees to act in their and the company's best interest.

ConsWe are behind in our technology investment to be competitive going forward. Also, we are a very top heavy organization with the top level too protective of their clients.

Advice to Senior ManagementTake more assertive action to encourage change and improvements in the work place to be a competitive employer.

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Chicago, IL

Current Employee – been working at Towers Perrin

ProsTowers Perrin has a lot of good people working for it. We do a lot of information sharing, and the company helps us to develop ourselves and our markets. We have good career opportunities and access to some decent training programs. The company has good intellectual property and is quite competent in its field of business.

ConsTowers Perrin is highly centralized and bureaucratic. All decisions are funnelled to the top, and line managers do not have the proper decision authority to match their revenue accountabilities. This situation causes decision making to slow to a crawl as even mundane decisions must be approved. Our signatures are required for many documents, but we are not given authority to actually decide on many operational decisions. The company does not walk the talk when it comes to empowering its employees because it acts as if empowerment would contravene risk mitigation. It can be very frustrating working here because senior management assumes that it should make operational decisions in markets about which it might not fully understand. For example, the head of Asia lives in Philadelphia. He has never worked in Asia, and he has little idea about the markets there.

The company should practice it's own creed toward attracting, engaging, and retaining its people by trusting them enough to let them make operational decisions.

Advice to Senior ManagementLearn to balance risk mitigation with risk taking by empowering your people. All decisions and authority should not rest with the senior team. You have a great group of people, but you will not get their full buy-in until you relax the highly centralized approval systems that is restricting their ability to take reasoned risks in their own markets.

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Makati City (Philippines)

Former Employee – worked at Towers Perrin full-time for more than a year

ProsAbove average pay, mid-year and performance bonuses

ConsUptight management with malicious intentions towards subordinates, creating illusions of non-existing pressure

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Shanghai, Shanghai (China)

Current Employee – been working at Towers Perrin full-time for more than a year

ProsWhen I was with the company, Project Managers concerned about the project, professional areas around compensation and HR management strategies, there were a lot discussions and managers were open minded, willing to share, and more importantly, responsible

ConsAfter the merge with WW, managers and consultants quality kind of decrease a lot, people only care whether they can sell projects and over promise clients, and the throw the impossible missions to junior level consultant or even interns to accomplish

Advice to Senior ManagementStand up and be responsible, deliver qualified projects, at the end of the day, you are consuming your branding and reputation in a way

Yes, I would recommend this company to a friend

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Former Employee – worked at Towers Perrin full-time for more than a year

ProsGood learning opportunities. Talented pool of consultants to work with. Exposure to multiple areas within the industry. Opportunity to work with Fortune 500 companies.

ConsExtensive travel. Cumbersome and vague growth path. Nature of work may not be in-line with your interest and/or skills.

Yes, I would recommend this company to a friend

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Former Employee – worked at Towers Perrin

ProsGreat flexibility and variety of projects

ConsLong hours and high expectations

Advice to Senior ManagementFocus on the people management and grooming of the next generation of talent within

Yes, I would recommend this company to a friend

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Current Employee – been working at Towers Perrin

ProsPlenty of room for upward mobility. Less travel required than the management consulting firms. The people are brilliant and nice. Everyone is hard working.

Cons60+ hours often required. It depends on your interest in this space. HR and benefits consulting was not my preference.

Advice to Senior ManagementFocus on providing more opportunities for employees to get a balanced, fulfilled life. Encourage simple things like affinity groups, volunteering, etc. It was surprising so see that such a large company has so little community involvement or opportunity for employees to engage, outside of work activities, across functions.

Yes, I would recommend this company to a friend

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Former Employee – worked at Towers Perrin

ProsThere are good minds, intelligent people

ConsToo many highly compensated Principals eroding profitability.

Very limited useable assets available to conduct projects.

TP tried entered into larger scale, global projects without the necessary methodology and tools critical for successful outcomes

Encouraged to "borrow IP" from other companies and competitors as IP substance rarely existed

Poor infrastructure supporting the business (systems, people lacking skills/experience). Leadership was challenged to make well informed decisions

Advice to Senior ManagementProvide core business infrastructure. Significant upgrade required in Finance, HR, Technology and business leaders.

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