Towers Watson

  www.towerswatson.com
  www.towerswatson.com

Towers Watson Reviews

Updated 25 November, 2014
Updated 25 November, 2014
399 Reviews
3.4
399 Reviews
Rating Trends

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Towers Watson CEO John Haley
John Haley
191 Ratings

Review Highlights

Pros
  • I like that they focus a lot on employee health and work/ life balance (in 29 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 51 reviews)

  • No work life balance during peak seasons (in 11 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great experience. Loved the people and the firm.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Towers Watson full-time

    Pros

    Great opportunities to learn and work with smart individuals who also make work enjoyable

    Cons

    the job had long hours

    Advice to ManagementAdvice

    Keep it up

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    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
  3.  

    Interesting work, no work/life balance

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

    I have been working at Towers Watson full-time (more than 5 years)

    Pros

    Great place to start out and gain new skills.
    Good exam support and general training.
    Highly intelligent and motivated co-workers who are willing to train on the job.
    Fun office environment. Lots of events to take part in, and friendly co-workers.
    Flexible hours; doesn't matter when you leave/come in, as long as you meet your billable goals.
    Pay is so-so. Easy to advance in pay quickly if you can pass exams, but pay levels off once you are designated.

    Cons

    No work life balance. Expect minimum 45 hours per week, sometimes 60 or more.
    Unrealistic billable hour targets.
    Demotivating, because performance considered high elsewhere is only average here.
    Very stressful due to competing client demands, need to balance your time.
    Strong push to reduce hours to meet budgets, but very difficult to do the work in this time, which creates stress.
    Steep learning curve.

    Advice to ManagementAdvice

    Your employees are your biggest asset. Stop trying to squeeze every hour you can from them until they are forced to leave, and start thinking long-term. You spend so much time and money training them, but then create an environment that very few can stay in long-term.

    Doesn't Recommend
    Disapproves of CEO

    Towers Watson Response

    Nov 5, 2014Talent Acquisition

    Thank you for your positive comments about the working environment and our associates. I will pass on your comments about billable hours and targets.

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  5.  

    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
  6.  

    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
  7.  

    Want to work like a workaholic and still not get recognized?

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

    I have been working at Towers Watson full-time (more than 3 years)

    Pros

    Big company, challenging work, name brand looks good on the Resume.

    Cons

    Do not like the "bell curving" approach and penalizing those more than they should be. The review process is very biased and if you're not on the "inside track" you may as well start looking elsewhere. The most politically oriented place in my ENTIRE career.

    Advice to ManagementAdvice

    Get off the "family brotherhood" bandwagon and cliques and actually reward people for putting in hard work and hours, not just fast-tracking cliques and bloodlines like royalty. People talk, and the turnover (and training costs) will only increase.

    Secondly, stop underbidding the competition for ridiculously low contracts. Yes, you acquire the account, but at what cost to recoverability? This will only hurt the teams in the long run.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Great people but too much internal politics

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

    I have been working at Towers Watson full-time (more than 3 years)

    Pros

    Broad experience and good people, some people will mentor junior members

    Cons

    Poor pay, long hours, career development is not focused and far to much internal politics

    Advice to ManagementAdvice

    Improve pay if you want to retain talent, not competitive also improve communication and examine to issue with regards to internal politics

    Positive Outlook
    No opinion of CEO
  9.  

    "Great place to intern"

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

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

    Pros

    If you take initiative there is always interesting work to be done.
    Great people, supportive managers.

    Cons

    Gets really busy sometimes - you can feel people are stressed.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Hard work in highly intelligent environnement

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

    I have been working at Towers Watson full-time

    Pros

    high collaboration across offices and lines of business
    challenging mandates

    Cons

    unclear career path
    uneven level of expertise

    Recommends
    Positive Outlook
    No opinion of CEO
  11. 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

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