Towers Watson

  www.towerswatson.com
  www.towerswatson.com

Towers Watson Reviews

Updated 15 December, 2014
Updated 15 December, 2014
406 Reviews
3.3
406 Reviews
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Towers Watson CEO John Haley
John Haley
194 Ratings

Review Highlights

Pros
  • I like that they focus a lot on employee health and work/ life balance (in 30 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 52 reviews)

  • No work life balance during peak seasons (in 12 reviews)

More Highlights

111 Employee Reviews Back to all reviews

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  1.  

    No work life balance during peak season

    Current Employee - Anonymous
    Current Employee - Anonymous

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

    Pros

    Staff is young and friendly

    Cons

    Billable hours hard to achieve

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Great at first, then falls to mediocrity

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

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

    Pros

    Insightful perspective into the specific industries you're working for, can be very interesting. The culture is supportive where most people are willing to lend a helping hand if you ask for it. The compensation is excellent.

    Cons

    Long hours, not so challenging work after a few months, have to be up to date with current government policies which can be interesting to some people. The high turnover rate can be demotivating and a blow to the company morale. The chance for promotions is stifled if you work with someone with a bad reputation and not many people have the insight to overlook this.

    Advice to ManagementAdvice

    Find ways to motivate people to work smart and faster, and set the billing hour targets to a reasonable one, there just isn't that much work for everyone.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Can't think of anything bad to say

    Current Employee - Senior Actuarial Analyst in Calgary, AB
    Current Employee - Senior Actuarial Analyst in Calgary, AB

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

    Pros

    All of the things that people generally say I would agree with. Co-workers are great.

    Cons

    Hours, bonuses low, turnover seems to be high but other than that all good.

    Doesn't Recommend
    Negative Outlook
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  5. 2 people found this helpful  

    Good starting company. Wouldn't stay much longer than that.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Compensation Analyst in Toronto, ON
    Former Employee - Compensation Analyst in Toronto, ON

    I worked at Towers Watson as a contractor (less than an year)

    Pros

    Flexible hours. Great work life balance. Benefits are great, so I hear.

    Cons

    Promised upward movement. They want current employees in this division to take a month of absents before offering full-time. This makes no sense! We are just going to find other jobs and you would have trained and developed our skills for no reason. They are based in the US and therefore do not respect the Canadian firms. The pay is awful. Unless you are full-time

    Advice to ManagementAdvice

    Don't take your employees, their skills and their loyalty for granted. You are leaving a bad taste in the mouth of good talent. I think I speak for all entry level employees for that matter.

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

    salary is so so for many of current employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Actuarial Analyst in Toronto, ON
    Current Employee - Actuarial Analyst in Toronto, ON

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

    Pros

    Good work environment is start new career

    Cons

    salary sux; same level of job you got huge range of salary different, and most of them are unfair

    Advice to ManagementAdvice

    pleaes be fair to every hard working employees...

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Consultant

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

    I have been working at Towers Watson

    Pros

    Career development and advancement, research based consulting services, amazing colleagues, lots of learning and training opportunities, compensation package and flexibility.

    Cons

    Highly competitive individuals not always willing to work as a team. Lots of people with strong egos. Balance work and family may be sometimes challenging.

    Advice to ManagementAdvice

    Try to make sure the experience is similar in various offices and region. Not sure it is the case since the merger.

    Approves of CEO
  8. 3 people found this helpful  

    TW is a challenging workplace with great clients and bright people; unfortunately "legacy cliques" still exist.

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

    I have been working at Towers Watson

    Pros

    Great research capabilities, a commitment to good work and exploring new ideas for top-tier clients makes TW an energizing and challenging place to build a career.

    Cons

    Small circles of "insider" managers and "instant labelling" means you can get stuck with in a bow you don't want to be in - and it can be difficult to find a champion to help you get out and explore other opportunities. If you're not fast-tracked you might as well look externally.

    Advice to ManagementAdvice

    As the actuarial needs of HR plans diminish, TW moves closer to management consulting. Time to broaden the appreciation of other skill sets and experience and see they all can provide value to TW objectives - admittedly some regions are much better at this than others.

    Approves of CEO
  9. 3 people found this helpful  

    You are a "temp" , and they only hire the unemployed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Benefit Advisor in Richardson, TX (US)
    Current Employee - Benefit Advisor in Richardson, TX (US)

    I have been working at Towers Watson as a contractor (more than 3 years)

    Pros

    VERY easy to get hired. If you have a Health and Life license and can breathe, you are hired. They hire approximately 1,500 people in August and lay 95% off in December.

    Cons

    I have been with Extend Health, now Towers Watson One Exchange for 3 seasons. It amazes me that Towers Watson professes to be a company that is always striving to improve "employee engagement" and they consult with their clients on how to improve "employee engagement", yet they have a company like ours where they hire thousands of "temps" each year with no intention of offering people full time positions.

    It is EXTREMELY easy to be hired at Extend Health. You merely need to pass the insurance exam, if you have not already, and you need to be unemployed. I say Unemployed, because who in their right mind would leave a permanent position to become a "temp" at One Exchange. So please consider while there are many professionals who are unemployed, there are also people who are unemployed for a reason. So hiring only from the "unemployed" pool puts you at a disadvantage from the get go.

    They spend SO much money on training. It really boggles my mind that it could cost less money to fire and rehire and retrain people every year than it would cost to keep people, invest in them, and develop them into top performers.
    Advice to Management
    Hire your people. Quit SAYING they are valued and SHOW them they are valued.

    Advice to ManagementAdvice

    Hire your people. Quit SAYING they are valued and SHOW them they are valued.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Nice environment but not inclusive

    • 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

    Working environment is nice
    Associates are polite and respectful

    Cons

    Can be a bit more edgy
    It is not inclusive

    Recommends
    Neutral Outlook
  11.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant in Hà Nội (Vietnam)
    Current Employee - Consultant in Hà Nội (Vietnam)

    I have been working at Towers Watson

    Pros

    Diversified career path, Flexible Benefits

    Cons

    Long working hours, projects pressure

    Advice to ManagementAdvice

    Get the right local country MC

    Recommends
    Negative Outlook
    Approves of CEO

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