Consultancy Career Advice
Consultancy Career Advice
Towers Watson: The company
Towers Watson is a global consulting company that specialises in human resource consulting and risk and capital management. It employs 14,000 associates in 35 countries across the globe. Other than HR and risk consulting, the company also has a strong actuarial and investment consulting practice.
Towers Watson offers several key lines of service to clients: Benefits, Risk and Financial Services, and Talent and Rewards. The company applies its extensive experience in HR consulting to help businesses attract and retain top talent by offering employees benefits that give them a competitive edge over other employers, and to keep their methods cost-effective. Towers Watson consultants also support clients by alligning their talent and rewards strategies with their business success strategies, and by designing programs that improve performance and workforce efficiency.
Towers Watson is based in New York. In Australia, it has offices in Melbourne and Sydney.
Consulting jobs at Towers Watson
Towers Watson is an excellent place for graduates to launch their consulting careers and for experienced consultants to broaden their skills and apply their experience on a range of challenging projects. The company also offers internship programs to students.
Towers Watson recruiters look for qualified, achievement-oriented job candidates from all kinds of backgrounds. They offer learning and development tools to their employees, as well as tuition assistance to those wishing to continue their studies. The company nurtures a pay-for-performance culture and rewards consultants who drive it to success.
Graduates with outstanding academic records can apply for jobs in Towers Watson's actuarial, investment and general consulting practices, while experienced candidates are recruited to the company's key lines of service; Benefits, Risk and Financial Services, and Talent and Rewards. Towers Watson's peak recruitment period is between September and December.
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Towers Watson was founded in January 2010 by the merger of the consulting firms Watson Wyatt Worldwide and Towers Perrin. By revenue, it is the largest employee-benefits consultancy in the world. The company is led by Chairman and Chief Executive Officer John Haley, the former CEO of Watson Wyatt, and Chief Operating Officer, President and Deputy Chairman Mark Mactas, who previously served as CEO of Towers Perrin.
The two companies succeeded by Towers Watson each have a long history. R. Watson & Sons was originally established in the UK in 1878, while The Wyatt Company was founded in 1946 in the U.S. The two companies formally merged in 2005, but formed a global alliance a decade before the merger. Meanwhile, Towers, Perrin, Forster & Crosby was founded in 1934 and shortened its name to Towers Perrin in 1987.
In November 2010, Towers Watson signed an agreement to acquire a leading international actuarial and risk services company EMB, and completed the deal in Febuary 2011.
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