Watson Wyatt

  www.watsonwyatt.com
  www.watsonwyatt.com
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Watson Wyatt Reviews

54 Reviews
3.6
54 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Watson Wyatt Chairman, President, and CEO John J. Haley
John J. Haley
39 Ratings

Review Highlights

Pros
  • Good work/life balance (averaged 40-45 hrs a week as a "band 1" analyst) (in 5 reviews)

  • Great opportunities for advancement (in 4 reviews)


Cons
  • long hours, ambiguity with leadership (in 3 reviews)

  • A single medical plan option: high-deductible health plan with HSA, and WW's contribution is paltry (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    good place to be

    • 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

    fair, lots of integrity, good people, very reasonable expectations

    Cons

    pressure to perform every month

    Advice to ManagementAdvice

    don't merge with TP

    Recommends
    Approves of CEO
  2.  

    neutral

    • 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

    organized, consistent feedback. intelligent staff. externally competitive

    Cons

    morale, employee attitudes, lack of social skills

    Advice to ManagementAdvice

    cross-functional promotions encouraged

    Approves of CEO
  3.  

    nice people, no focus

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Investments Analyst  in  London, England (UK)
    Current Employee - Investments Analyst in London, England (UK)

    I have been working at Watson Wyatt

    Pros

    nice people, nice culture, generous study package, good benifits, generally interesting work, relatively less stressful, Reigate and Westminster offices (a pro or con depending on your view)

    Cons

    The company has really lost direction,
    they've been a bit greedy and tried to take over some of asset managers roles, this has led to clients no longer viewing them as impartial, which was their main selling point.
    they have grown very fast, with no planed growth in infrastructure, so for instance knowledge management is awful
    increasing specialisation has lead to real tensions between different groups which don't understand each other
    Collectively these have undermined the collegiate culture of the firm
    I've heard mixed things about the merger
    Most good people leave as soon as they are trained

    Advice to ManagementAdvice

    work out what you are trying to do and then do it efficiently

    Recommends
    Disapproves of CEO
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  5.  

    Nice place before merger

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Actuary
    Former Employee - Actuary

    I worked at Watson Wyatt

    Pros

    good benefits, nice environment. THey merged in January w/Towers Perrin so I don't know how it is now. Strong pay for performance culture. Hard work rewarded, provided that you are comfortable with self-promotion.

    Cons

    Billable hour targets are a bit unreasoanble considering the sales goals mandated. Not sure that the management structure in each office is effective.

    Advice to ManagementAdvice

    Hard to tell. Colleagues were generally excited about the merger, but only time will tell how this will affect those associates who work for WWW. Overall, a good company.

    Recommends
    Approves of CEO
  6.  

    Better than Most

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Consultant
    Former Employee - Senior Consultant

    I worked at Watson Wyatt

    Pros

    Smart people, varied assignments, good collaborative working environment.
    Associates treated fairly, opportunities for advancement good for most lines of business.
    Clent focused firm.

    Cons

    Too reliant on actuarial business to generate revenue. Other practices too small to make a dent in the market. Too focused on billable hours goals.

    Advice to ManagementAdvice

    Spend more time and money on developing consulting skills of junior staff. Too much focus on developing technical skills to the detriment of people skills.

    Recommends
    Approves of CEO
  7.  

    Just OK

    • 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

    Great people to work with. The technology is cutting edge. The travel is farless than other consulting companies. Great bonuses and good starting initial pay.

    Cons

    Horrible work life balance, benefits are almost non existent, and raises are not that great. There is little room for movement.

    Advice to ManagementAdvice

    See Cons.

    Recommends
    Approves of CEO
  8.  

    Great Boss

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

    I worked at Watson Wyatt

    Pros

    I had a great boss. I learned a great deal from him. He was an Asian expat from The Philippines to the KL office. He's still by far the best boss ever.

    Cons

    Further developmental opportunities for employees.

    Advice to ManagementAdvice

    Appreciate the informal meetings and the various work-life balance initiatives.

    Recommends
    No opinion of CEO
  9.  

    Management Dysfunctional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Watson Wyatt

    Pros

    The location was central and easy to get to. Westminster Office.

    Cons

    Junior and mid level Managers live in terror of Directors. Tasks and information changed at a moments notice. Systems not followed with internal office politics taking centre stage. If your face fits...... or you are in the right grouping. Some staff exercised massive power over areas that were none of their concern by sytematic "back stabbing" At times this seemed to be the main function of some.

    Advice to ManagementAdvice

    Stop throwing tantrums at the very junior staff and show some leadership.

    Doesn't Recommend
    No opinion of CEO
  10.  

    Great place to work, great people to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Actuarial Analyst
    Former Employee - Actuarial Analyst

    I worked at Watson Wyatt

    Pros

    Excellent compensation and benefits
    Excellent training program
    Supportive and friendly work environment
    Collaborative work environment
    Many opportunities to learn and grow

    Cons

    Deadlines can be stressful
    Pressure to complete tasks perfectly if you want to get ahead
    Hard to get work sometimes, need to be aggressive

    Advice to ManagementAdvice

    Increase level of communication with new employees
    Keep up the good work in providing helpful feedback
    The way work is funneled can be improved

    Recommends
    Approves of CEO
  11. 1 person found this helpful  

    No Innovation. Workforce is aging and not very intelligent. Mostly Coasters.

    • 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

    You can pretty much sleep all day at work. As long as you show up on time every day.

    Cons

    Talents or ideas are not appreciated. Review processes are a joke.

    Advice to ManagementAdvice

    Fire the stupid people and reward the innovators.

    Doesn't Recommend
    No opinion of CEO

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