Towers Watson

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Towers Watson Reviews

Updated Jul 04, 2014
All Employees Current Employees Only

3.3 331 reviews

83% Approve of the CEO

Towers Watson CEO John Haley

John Haley

(166 ratings)

66% of employees recommend this company to a friend

Review Highlights

Pros
  • I like that they focus a lot on employee health and work/ life balance (in 22 reviews)

  • Smart professionals, great working environment and work/life balance (in 24 reviews)


Cons
  • Work life balance (there is none) - Long hours/weekend work (in 40 reviews)

  • No work life balance during peak seasons (in 8 reviews)

More Highlights
30 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Not great for growth opportunities

    Consultant (Current Employee) New York, NY (US)

    ProsGood Benefits and work life balance

    ConsNot a lot of growth opportunities

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Incompetent

    Actuarial (Current Employee)

    ProsNot a single thing is good

    ConsAs a junior actuary I want to learn. To grow. To become the best at what I do.
    All I have done for the past year was cleaning data. When confronting management about this, they confirm that this will continue for the next 4 to 5 years, and even worse even people with 12 years of experience are still doing this.

    The methods we use are out-dated to say the very least. In our whole office there are only 3 people who knows how to program in VBA. If I suggest a better approach it is shot down almost immediately.

    I compare myself to my other actuarial friends in other companies and they are doing far more advanced things after 3 or 4 months than what I am doing after 1 year.

    The junior actuaries hired (and a large number of senior actuaries as well), are completely useless as well with one girl who will become a qualified actuary in a few years asked me (to mention one of the few stupid questions) how to concatenate 2 cells in excel.

    Another asking me what SC is exactly after working at TW for 7 months...

    Good talent is leaving TW.

    Advice to Senior ManagementDO NOT EMPLOY IDIOTS. Set up a testing system in which candidates much attain a certain level to be considered to join TW.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • No Opinion of CEO

    1 person found this helpful  

    Make sure you have a people manager who takes development seriously.

    Analyst (Former Employee)

    ProsExposure to various clients and industries.

    Flexible work environment depending upon the office and the manager.

    ConsYou'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 Senior ManagementDo 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.

    No, I would not recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great Company unless you work in the Finance Department

    Project Billing Analyst (Current Employee) Philadelphia, PA (US)

    ProsThere are opportunities to post out to other departments, but it is very rare and a slow process to transfer out of the Finance Department. The Finance Department is looked down upon and the workers are treated like peons. Management is very hands on and is constantly watching who is at their seats and working. The Department is micro managed from the Director down to the Supervisors. It is a very abrasive and tense environment.

    ConsI don't have anything positive to say about personal growth, promotions and leadership except it is very hard to move. The low balled the salaries of the employees just joining the team and the disparity in salaries amoungst the group is very large. Some people make 38,000 and some make 65,000 to do the same exact job.

    Advice to Senior ManagementThey need to evaluate the leadership role from the Supervisors up to the VP of the Department and make changes. Talk the talk, but also walk the walk. They have nice meetings but people are afraid to speak up and speak their minds for fear of retaliation or being terminated. Management is unapproachable and too hands on.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Clients ahead of employees, bad management skills.

    Consultant (Former Employee) Kuala Lumpur (Malaysia)

    ProsGood location of office.

    ConsManagers not pleasant to work for, treat staff like being a number. Boring job and work load too heavey for one person due to colleagues leaving and not being replaced.

    Advice to Senior ManagementTreat employees better and be more approachable.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
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    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Used to be great as Towers Perrin .... but that was ages ago!

    Consultant (Current Employee) London, England (UK)

    Pros- remnants of intellectual capital still make it a good consultancy compared to the big four (who suck in human resource consultancy);
    - aspires to be the mckinsey of strategic HR ... and on occasion does a good job!

    Cons- little shop mentality all over the business - a cottage industry like behaviour amongst pricipals who will give projects to their favourites, shutting out new talent or those that could outshine them
    - will they EVER reward their consultants with market rates .... ironical for a reward consultancy to not drink its own coolaid
    - very unfriendly to consultants with young families or those due to go on maternity etc (though they say its worse at the big four)

    Advice to Senior Management- have been losing or not winning for a long time ... something is wrong
    - reward your peeps ...

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Worst local leadership team ever

    Anonymous Employee (Current Employee)

    ProsIf I have to say something: Fruits for employees. This is the only thing worth saying. Nothing good comes from this company in Brazil.

    ConsThe leaders have no ethics and are always trying to manipulate everything. Line managers are being promoted without any knowledge on the practice they are responsible for. I'm ashamed to have this company in my curriculum.

    Advice to Senior ManagementGlobal leadership team should evaluate the local managers and apply punishment for unethical behaviors.

    • Culture & Values
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    • Senior Management
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    • Career Opportunities
    • Disapproves of CEO

     

    Thrive on mediocrity

    Senior Consultant (Former Employee) Los Angeles, CA (US)

    ProsIf you have had a mediocre career, but have the ability to take other peoples ideas, grab leads before the right person with the right skills does, and promote yourself and synch up with upper management, then this is place for you!

    ConsStill having problems with the merger from 2010. Old Towers Perrin culture reigns in the Talent, Rewards, and Communications practice. Not very talented people get ahead, as long as they play the politics right. They don't recognize talent. Consultants are way overworked, and they don't pay as well as the big 4 consulting firms.

    Advice to Senior ManagementYou should take your own advice that you give to your clients.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Senior Management
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    HR is way too inefficient

    Anonymous Employee (Current Employee)

    Prosa good firm per se

    ConsHR is way too inefficient

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    • No Opinion of CEO

     

    Not for me

    Anonymous Employee (Former Employee)

    ProsLoved the type of work and the workload

    ConsUnless you want to devote your entire personal life to your coworkers, it's impossible to succeed at this company. Most socialize with, live with, and even date their coworkers.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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