Towers Watson

  www.towerswatson.com
  www.towerswatson.com

Towers Watson Reviews

Updated November 17, 2014
Updated November 17, 2014
398 Reviews
3.4
398 Reviews
Rating Trends

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Towers Watson CEO John Haley
John Haley
191 Ratings

Review Highlights

Pros
  • I like that they focus a lot on employee health and work/ life balance (in 29 reviews)

  • Flexible work environment depending upon the office and the manager (in 29 reviews)


Cons
  • A lot of reviews have quoted an excellent work/life balance but I don't see it (in 51 reviews)

  • No work life balance during peak seasons (in 11 reviews)

More Highlights

Employee Reviews

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  1.  

    A great place to work.

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

    I worked at Towers Watson full-time

    Pros

    Towers has many talented employees and the company offers flexible schedules.

    Cons

    The company has a few bad managers.

    Recommends
    No opinion of CEO
  2.  

    Fast paced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Pension Benefits Analyst in Boston, MA
    Current Employee - Pension Benefits Analyst in Boston, MA

    I have been working at Towers Watson full-time (less than an year)

    Pros

    Lot of very knowledgeable employees. If you prove your worth and knowledge they will reward you. The products being offered to clients are very good and the collaboration between teams continues to get better. Lots of new work in the pipeline for the future.

    Cons

    With those rewards they can lose sight of how much someone can possibly handle at once. Can be very high turnover in lower levels which leads to lack of consistent work product.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Not great for growth opportunities

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

    I have been working at Towers Watson full-time (less than an year)

    Pros

    Good Benefits and work life balance

    Cons

    Not a lot of growth opportunities

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 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
  6. 1 person found this helpful  

    If you enjoy 60 hour work weeks - this is the place for you!

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

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

    Pros

    Decent Pay
    Telecommute/office location
    Intelligent & nice People

    Cons

    Work life balance (there is none) - Long hours/weekend work. This results from encouraging extra work for additional client billable hours.
    Entering in your time
    Staffing is not adequate
    Minimal number of paid days off
    Medical benefits are sub par compared to other employers
    Some team managers and project managers are disrespectful to staff
    Morale of many many workers can be dismal.

    Advice to ManagementAdvice

    Let people have a life outside of work. Hire more people. Create a positive morale work environment and stop being critical. Don't let a 60 hour work week be the norm!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Good but not great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consulting Actuary in Dallas, TX
    Current Employee - Consulting Actuary in Dallas, TX

    I have been working at Towers Watson full-time (more than 10 years)

    Pros

    Smartest people in the industry
    Best resources
    Good benefits

    Cons

    Merger is still evident 3+ years later
    Middle management struggling to get upper managements ideas into motion
    Constantly moving target when it comes to year end measurement

    Advice to ManagementAdvice

    Keep pushing the envelope with new ideas and help roll those ideas out to the individuals more effectively.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 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
  9. 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
  10.  

    Good company

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

    I have been working at Towers Watson full-time (more than 10 years)

    Pros

    Freedom, Flexibility, Opportunities, Culture, Colleagues

    Cons

    Complicated org structure makes navigation a challenge

    Advice to ManagementAdvice

    None - seem to be on track

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Professional team and incredibly diligent and smart.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant in Boston, MA
    Current Employee - Consultant in Boston, MA

    I have been working at Towers Watson full-time (less than an year)

    Pros

    Professional, smart, diligent, lots of resources, team willing to help

    Cons

    none so far - very satisfied with the environment and the team

    Recommends
    Positive Outlook
    Approves of CEO

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