MORNING CASE
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 45,000 employees serving more than 140 countries and markets. In the Netherlands about 500 employees with offices in Amstelveen, Eindhoven, Rotterdam, Purmerend and Apeldoorn.
Our purpose is clear. We create clarity and confidence today for a more sustainable tomorrow. And our values are more than words. They frame our approaches and ways of working, and living them day-to- day drives our success. Working at WTW is a chance to push into the unknown…the never before…the new. We use our know-how, experience and global reach to tackle challenges and fuel potential. This makes for a highly engaging and innovative culture – and one where our colleagues are empowered to achieve the best possible results, for each other and for our clients.
WTW is a place of possibilities. A place where people are encouraged to challenge convention and achieve things for our clients that have never been achieved before. Where change is constant and no two days are the same. Where there are endless opportunities for you to venture outside your comfort zone, and to learn, develop and grow. Teamwork is a major part of life here. Whether collaborating face to face or operating as part of a virtual team, our people work together and support each other to find the best solutions for our clients. Another key feature of our environment is trust. We trust our people to work independently. We empower them to find new solutions. And we give them the freedom to achieve what they want to achieve – for our clients, for our company and for themselves.
STATISTICS
Sectors: Actuarial Sciences & Consulting & Data Science
Locations in the Netherlands: 5
Locations outside The Netherlands: 400
Number of employees (in Holland): 370
Number of employees (outside Holland): 48,800
Number of starting positions per year: 15
Number of internship positions per year: 5
Number of working students per year: 10-15
Average age: 39
Male-female ratio: 55-45 %
CASE
An important part of the change in the pension system corresponding to the new Dutch Pension Deal is the abolition of the uniform contribution system (in Dutch: “doorsneesystematiek”). This means that it is no longer the case that young participants contribute to the pensions of older participants. This abolition raises a major compensation issue. In the case we discuss the employer’s considerations regarding this compensation issue, and we put this in a broader employment conditions perspective. What could the new scheme look like, how much will the compensa- tion amount to, and how can this compensation be designed in such a way that it serves the strategic goals in terms of the total employment conditions?