Willis Towers Watson - Good - could be improved | Glassdoor
There are newer employer reviews for Willis Towers Watson
There are newer employer reviews for Willis Towers Watson

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"Good - could be improved"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Actuarial Analyst in New York, NY
Current Employee - Actuarial Analyst in New York, NY
Recommends
Neutral Outlook
Approves of CEO

I have been working at Willis Towers Watson full-time (More than a year)

Pros

Great learning experience from someone freshly out of school. Learned to manage multiple projects under pressure

Cons

Difficult corporate culture. Hard to travel through the politics of it all...

Advice to Management

Improve retention

Other Employee Reviews for Willis Towers Watson

  1. Helpful (3)

    "Great People, Great Co-Workers, Subpar C-Suite"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Willis Towers Watson 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 Management

    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.


  2. "Generally very good experience - excellent exposure to great clients and interesting work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consultant in New York, NY
    Current Employee - Senior Consultant in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Willis Towers Watson full-time (More than 8 years)

    Pros

    Opportunities to progress are widely available and international relocation is strongly encouraged

    Cons

    work life balance could be improved significantly

There are newer employer reviews for Willis Towers Watson
There are newer employer reviews for Willis Towers Watson

See Most Recent

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