Watson Wyatt

From Wikipedia, the free encyclopedia

Watson Wyatt Worldwide, Inc (NYSE: WW) or simply Watson Wyatt is a global consulting firm that specializes in the four areas of employee benefits, human capital strategies, technology solutions and insurance and financial services. It is the oldest actuarial firm in history.

Its principal operating subsidiary, Watson Wyatt & Company, is a human capital consulting firm with worldwide operations in the Americas, Europe and Asia Pacific. Name more places it has offices

[edit] Company Overview

As of 2006 Watson Wyatt worldwide employed more than 6,300 associates in 89 offices around the world.

Financials summary

Key executives

[edit] History

Watson Wyatt traces its roots back to the oldest actuarial firm in the world.

Reuben Watson formed the U.K. actuarial firm R Watson & Sons in 1878. By the 1910s, the firm was the lead advisor to the government on social insurance programs. Over the years, the firm has expanded throughout Europe, building on its long history of serving the U.K.’s largest companies.

In 1946, B.E. Wyatt and seven co-founders established The Wyatt Company as an actuarial consulting firm. Over the next several decades, the U.S.-based firm branched out into other service lines, including health care and compensation consulting. In the 1980s, the firm broadened its global reach, establishing offices throughout Canada, Europe, Latin America and Asia.

In 1995, the two firms formed a global alliance and began operating as Watson Wyatt Worldwide. In 2000, the U.S.-based arm of the alliance completed a successful initial public offering and began trading on the New York Stock Exchange (NYSE: WW). In August 2005, the two firms formally combined into one.