2024 Work & Reward Consulting Graduate Programme, London

London, United Kingdom

Job Description


WTW is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, WTW has 46,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets, and ideas \xe2\x80\x93 the dynamic formula that drives business performance. Together, we unlock potential.

The Business

The greatest asset of most organisations is their people. In an era of rapidly developing technology, greater workforce mobility and increasing customer demands, having a cohesive human capital strategy is crucial for business success.

In our Work, Reward & Career business, we help clients deliver strong business results by ensuring that they have the right people in the right places, doing the right things, at the right cost. Through a combination of advice, data, and software, we deliver solutions that help organisations improve their business performance through their people.

We know that high-performing businesses cultivate and grow talent, carefully balancing costs, and rewards. From job architecture to performance management, we take a rounded perspective, based on leading-edge thinking, data, analytics, and software, unearthing new ways to attract, engage and retain talent.

Our human capital clients are varied \xe2\x80\x93 we advise organisations across all industries, from financial services to retail, telecommunications, and energy. In the UK, we advise many of the world\xe2\x80\x99s leading and largest companies and often interact with our offices around the world to provide a truly global service offering. We provide invaluable advice to companies at some of the most exciting and critical moments in their lifecycle, at times when employee engagement and retention is crucial \xe2\x80\x93 from mergers and acquisitions to listing on the stock market.

Graduates on our Work, Reward & Career (WRC) Consulting Graduate Programme have the opportunity to work alongside our Work, Reward & Career consultants who provide strategy, design and delivery support to help our clients organise and reward their people appropriately and fairly, enabling organisations to attract, retain, motivate, and engage employees efficiently and cost-effectively.

If you are interested in this position, you may also want to consider the Executive Compensation and Board Advisory Consulting Graduate Programme or the Global Financial Services Consulting Graduate Programme.

  • Our Executive Compensation and Board Advisory colleagues focus on working with boards of directors, compensation committees and management to get all elements of executive level pay right.
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

The Role

As a WRC graduate, you will work as part of a team on a wide variety of complex projects, serving as a key resource for the consultant in charge of each of your engagements. You will be encouraged to develop as broad an understanding of our client solutions as possible by supporting across multiple, complex projects. You will have immediate exposure to real client assignments, which will draw on your imagination and creativity, as well as your ability to analyse data, draw conclusions and present results. These experiences will help build your technical knowledge and overall industry experience while you benefit from more structured learning interventions.

As you grow and gain more expertise, you will become a key contact for the client and gradually begin to take responsibility for deliverables and client relationships across a range of sectors and geographies. You will work alongside some of the industry\xe2\x80\x99s top consultants on cross-industry client projects, including many household names: FTSE 100 and 250 clients, privately held companies and public service organisations.

Typical work for WRC Analyst might include:
  • Job levelling (utilising our propriety methodology), an analytical process that determines the relative value of roles in an organisation, providing the absolute foundations for reward and career path opportunities
  • Creating appropriate and effective performance management tools
  • Designing, modelling, and implementing high-impact sales incentive programmes, clarifying sales processes, roles, and sales organisational design
  • Providing clients with market benchmarking on a number of pay elements including base pay, benefits, short and long-term incentive plans and total reward, using a variety of sources such as survey data and published reports
  • Working with companies to understand and qualify their compensation strategy using data analytics, research, and trends
  • Conducting reviews of pay programmes to ensure they are competitive and support drivers of attraction, retention, and engagement
  • Developing pay philosophy, salary structure design, pay ranges and pay-for-performance analysis
  • Designing and drafting accountabilities across client roles and grades
  • Reviewing an organisation\xe2\x80\x99s approach to managing knowledge and skills
  • Helping organisations to develop core, leadership and functional competencies and link into their HR practices
  • Designing and implementing career architecture, developing job families and disciplines
  • Analysing pay gaps (for example, by gender or ethnicity) and providing insights to help clients address areas of concern
You are required to have good problem-solving and analytical skills, as well as excellent communication skills, as you will be interacting with clients from the beginning.

Qualifications and Training

We have a focussed 12-month training programme for graduates, which is called FAST START. FAST START is designed to give you an insight into our business, and help you develop the consulting, practical and technical skills you need to succeed at WTW.

We continue to invest in our people, and you will have regular opportunities for training throughout your career with us \xe2\x80\x93 both on the job and through more formal classroom sessions. Consultants are not required to have a particular qualification; therefore, the wide variety of external qualifications we do support are determined by the needs of the business and the individual\xe2\x80\x99s interests.

Requirements
  • Minimum 2:2 degree in any discipline
The Application Process

Stage 1: Online application, including CV

Stage 2: Invitation to complete online assessment and a video interview - in partnership with the Bright Network, we have created an academy module on \xe2\x80\x98How to Ace your Video Interview\xe2\x80\x99. Click here to sign up and watch it!

Stage 3: Virtual Assessment centre \xe2\x80\x93 this is an opportunity for you to meet with members of the team and for the team to understand your strengths, preferences and motivations. The assessment will take place virtually, and there will be an opportunity for you to ask questions.

Stage 4: Offer and office visit \xe2\x80\x93 you will be invited to your local office and meet some of your future colleagues.

Stage 5: On-boarding

Start date for the UK Graduate Programme will be the beginning of September 2024.

Why work at WTW?

WTW offers a variety of benefits to support your physical, emotional, and financial wellbeing, as well as help you develop in your career, and balance your life inside and outside of work. Among other things, these include WTW Work Flex, shared parental leave, a range of Learning & Development (L&D) opportunities and a competitive pay and benefits package (which includes Private Medical Insurance and Life Insurance).

WTW is an equal opportunity employer

WTW believes that effectively managing a diverse workforce is vital to our business strategy. We have an obligation to our organisation, ourselves and our clients to hire and develop the best people we can find. We will continually review our policies and practices to ensure that all areas of the employment process (including recruiting, hiring, work assignments, compensation, benefits, promotions, transfers, company-sponsored development programs and overall workplace experience) are free from discriminatory practices. We are committed to equal employment opportunities at WTW.

WTW Work Flex

At WTW, we see things differently. We understand flexibility is key to supporting an inclusive and diverse workforce and so we have a variety of different working arrangements which we call \xe2\x80\x9cWTW Work Flex\xe2\x80\x9d. We encourage colleagues and candidates to make requests for the types of flexible working arrangements that suit them. Visit our career site for more information: https://careers.wtwco.com/wtw-work-flex/

Recruiting tips

WTW specializes in preparing for the unknown. Here\xe2\x80\x99s how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/

Willis Towers Watson

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Job Detail

  • Job Id
    JD3001630
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned