Watson Wyatt Reviews

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  1. Mostly enjoyed the work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Compensation Consultant in Boston, MA
    Former Employee - Compensation Consultant in Boston, MA

    I worked at Watson Wyatt

    Pros

    Interesting work
    Freedom with assignments
    Good benefits

    Cons

    Small pay raises
    Some leadership just so-so
    Should allow more flexible schedules

    Advice to ManagementAdvice

    Grow from within instead of hiring managers from other firms.

    Approves of CEO
  2. Group Healthcare Assistant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Administrative Assistant (Group Healthcare) in Universal City, CA
    Former Employee - Administrative Assistant (Group Healthcare) in Universal City, CA

    I worked at Watson Wyatt

    Pros

    The office events, the gifts and the time off or availabilty to work remotely. business cards, expense accounts, gas/meal reimbursements.

    Cons

    long hours, ambiguity with leadership

    Advice to ManagementAdvice

    Keep up the good work and great parties!

    Recommends
    No opinion of CEO
  3. Summer Internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA

    I worked at Watson Wyatt

    Pros

    Overall a beneficial internship for summer during college. Management (at least the one I was in contact with) was very nice and helpful and allowed a good work/life balance.

    Cons

    Some of the tasks can be repetitive at times and sometimes there can be misinformation between offices among different locations. Could use a training program.

    Advice to ManagementAdvice

    I am interested to see how the merger with Towers proceeds. The move was a smart considering the business environment, but integration problems remain to be seen.

    Recommends
    Approves of CEO
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  5. Good Team, Long Hours

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Human Resources Consultant in Chicago, IL
    Former Employee - Human Resources Consultant in Chicago, IL

    I worked at Watson Wyatt

    Pros

    Worked with great people
    Company takes good care of the team
    Frequent perks, food credit, etc.
    Great opportunities for advancement

    Cons

    Some projects seem to last forever
    Low vacation time, culture of working long hours
    Some competition between offices (not excessive)
    High turnover

    Advice to ManagementAdvice

    Improving the communication between offices would help very much. Also, not sure if this has changed since I was there but file sharing could have been made easier over the network.

    Recommends
    Approves of CEO
  6. WW is fine up to a point

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Consultant in San Francisco, CA
    Former Employee - Senior Consultant in San Francisco, CA

    I worked at Watson Wyatt

    Pros

    WW is full of pretty smart, easy going, respectful people. The culture is good, the people are great, work is good. The only problem is hitting a ceiling in salary band.

    Cons

    The salary band promotion process is okay from bands 1 to 3, a little iffy at band 4, and downright odd at band 5. At the higher levels, its not a meritocricy but a political scheme.

    Advice to ManagementAdvice

    Change the promotion process. Train managers to give career path options to associates. Offer mid year propotions.

    Recommends
    Approves of CEO
  7. Great place to work

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

    I have been working at Watson Wyatt

    Pros

    There are many great reasons to work at Watson Wyatt. High salaries and bonuses which are performance based, are top on the list. The Watson Wyatt brand is well respected in the industry -- this reputation is well deserved.

    Cons

    I only have 2 complaints about Watson Wyatt. The health insurance option & the Performance Development Program (PDP). There is only one option for health insurance -- a "consumer directed high deductible plan". The PDP is too time consuming.

    Advice to ManagementAdvice

    Continue what you are doing in commuticating to the employees regarding the (yet to be finalized) merger with Towers Perrin.

    Recommends
    Approves of CEO
  8. 1 person found this helpful

    You job title and what you interviewed for are not what you get.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Software Developer in Denver, CO
    Former Employee - Software Developer in Denver, CO

    I worked at Watson Wyatt

    Pros

    Well established and financially stable.

    Cons

    Every week is a death march. Little to no feedback on performance. Mid-senior level management would rather spend millions on writing software rather than spend $10k to buy an off-the-shelf solution. Software framework that the division is married to does not appear to have future growth potential. Office politics royally suck. 90%+ of the people I physically worked with are depressed and not satisfied with treatment they receive.

    Advice to ManagementAdvice

    Hi John,

    If I were you I would do a quite, in depth inspection at the Grade 3 and below levels. Your Grade 4 & 5's are pulling the wool over your eyes. It is the worst leadership development plan I have ever seen and does not follow even your own internal guidelines. It sill makes me sick thinking about it nearly a year later.

    Doesn't Recommend
    Disapproves of CEO
  9. Nice place to work -- when you are billable.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Project Manager in Washington, DC
    Former Employee - Project Manager in Washington, DC

    I worked at Watson Wyatt

    Pros

    When there is plenty of work and you are billable -- it is a great place. Fun people.

    Cons

    Not much emphasis on practice development or nonbillable activities needed to build tools to better serve the client and make the practice more efficient. .You must be a billing machine. That is all that matters. Work like a scared animal.

    Advice to ManagementAdvice

    Grow you technical capabilities. Take on the best of TP, but not it's culture.

    Recommends
    Approves of CEO
  10. Best of the bunch

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Consultant in Phoenix, AZ
    Current Employee - Senior Consultant in Phoenix, AZ

    I have been working at Watson Wyatt

    Pros

    The corporate culture is respectful and serious, but relaxed enough to be comfortable; the atmosphere is fun; The co workers are people you want to spend time with outside of work

    Cons

    Benefits are surprisingly poor for a benefits consultng firm; like all consulting firms, your experience will depend on the location and the practice

    Advice to ManagementAdvice

    Improve your benefits fo ryou employees so you can be an example for your own clients! Start with a reasonable (competitive) vacation/PTO policy!

    Recommends
    Approves of CEO
  11. 1 person found this helpful

    A great place to work, but company must become more global

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Consultant in Chicago, IL
    Current Employee - Consultant in Chicago, IL

    I have been working at Watson Wyatt

    Pros

    Good quality people throughout the organization. Clear and focused business strategy, with distinct service lines that have remainded fixed over recent years, at a time when competitors have chopped and changed their approaches on a regular basis. Opportunities for global mobility are good, although better in some practices than others. Research base is strong across all business lines.

    Cons

    Could be more joined up globally, especially within investment consulting. It is a very conservative organization, where management often prioritizes stability of service over innovation. The company is managed on a global matrix strucure, with the matrix divided by geography and business line. The geographical aspects to the matrix are a clear weakness, since it makes managers focus on their distinct geogrpahical areas rather than working to benefit the company as a whole.

    Advice to ManagementAdvice

    View the company globally and abandon the focus on individual geographies

    No opinion of CEO

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