Marsh & McLennan Companies

  www.marsh.com
  www.marsh.com
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Marsh & McLennan Companies Reviews

Updated 22 September 2014
Updated 22 September 2014
307 Reviews
3.3
307 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Marsh & McLennan Companies President & CEO Daniel S. Glaser
Daniel S. Glaser
91 Ratings

Review Highlights

Pros
  • Great Benefits, Work life balance depending on the department, name brand recognition (in 26 reviews)

  • Good benefits and paid time off is generous (in 17 reviews)


Cons
  • Noone is recognized except top producers ands senior management (in 13 reviews)

  • long hours and not the best management structure in place (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company, needs work

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

    I worked at Marsh & McLennan Companies full-time for more than 3 years

    Pros

    Salary and Bonuses
    Benefits (although declining)
    Great culture

    Cons

    Lack of leadership
    Dinosaur to make anything happen

    Advice to ManagementAdvice

    Nothing

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Good in the beginning, awful after "so called" transformation

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

    I have been working at Marsh & McLennan Companies full-time for more than 3 years

    Pros

    In major markets, it is good to have this company on your resume. In smaller markets, companies don't know who we are.

    Cons

    Outsourcing many functions to India or moving functions to cheaper parts of the country. This only saves money up front but the loss of knowledge and good talent is more expensive. They need to quit letting people with knowledge leave only to hire replacements that do not know what they are doing. Specifically to Recruiting, managers need to quit accusing and blaming people with false and inaccurate information. If you are looking to Recruit, this is not good environment to work in presently. Heavily overworked and understaffed employees. There is no real advancement for anyone in Recruiting.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Large Company, With a Large Company pace towards Technology

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

    I have been working at Marsh & McLennan Companies full-time for more than 3 years

    Pros

    Great Benefits, Work life balance depending on the department, name brand recognition

    Cons

    If you work in the IT/Software groups within MMC, you can become very frustrated with the red tape when trying to infuse change. Compensation is OK. Expenditures are very conservative.

    Advice to ManagementAdvice

    Those in IT/Software groups within MMC need to be empowered and given the opportunity for creativity.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. 10 people found this helpful  

    MGTI : Milton Keynes - A Fear based environment & perception based actions/reactions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - FLA At MGTI  in  Milton Keynes, England (UK)
    Current Employee - FLA At MGTI in Milton Keynes, England (UK)

    I have been working at Marsh & McLennan Companies full-time for more than 3 years

    Pros

    I'm only speaking of the IT Dept MGTI based in Milton Keynes : This is a really huge company, that DOES have a large number of vacancies, and at times has some really great things to offer any employee. To gain extremely recognizable Corporate experience... this is a good place to be.

    Cons

    I'm only speaking of the IT Dept MGTI based in Milton Keynes : The environment is fear based. It's very questioning and demanding of answers when things go wrong, with very little being learned from this.

    A large number of workplace decisions are based on perception. Rarely do people ask questions about that perception, to make sure, there is actual fact. But, this isn't even something that's hidden... Some managers seem proud of this. Frequently in my early days I was told by my management team "perception is everything"...

    There is a significant case of "old boys club" going on here. You can not be fantastic at the real meat and gravy of your role, so long as you remember two things... The rule about perception, and being on great terms with certain members of management.

    Advice to ManagementAdvice

    Perception IS an excellent tool, but only to decide what questions to ask. It shouldn't be used to judge people, or make decisions.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    Great Management and Fun Environment

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

    I have been working at Marsh & McLennan Companies as a contractor

    Pros

    great team environment, no job to small for Sr. Associates to get involved with, great learning experience

    Cons

    Very difficult t get perm., processes for Canada seem to be disbursed globally

    Advice to ManagementAdvice

    You have the right people in charge, great relationships with their staff and very turned on

    Recommends
    Positive Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Great company and great culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Brooklyn Park, MN (US)
    Former Employee - Anonymous Employee in Brooklyn Park, MN (US)

    I worked at Marsh & McLennan Companies full-time for more than 3 years

    Pros

    It is an environment where new ideas are encouraged and considered. They truly value their employees.

    Cons

    I had a manager that was tough to work for and had a bad reputation in the organization. However this is not the case with most everyone else.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Very satisfied with my job, then it went offshore

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

    I have been working at Marsh & McLennan Companies full-time for more than 8 years

    Pros

    Great benefits, plenty of PTO, good salary (except raises) no micro management, great teamwork and nice office.

    Cons

    My position was "eliminated". In reality it went to India. Job is paperless so the only thing the company was looking to do was save a few bucks in wages. A company with 14+ billion revenue would rather have cheap labor than keep good loyal employees. I have seen so many good employees laid off. I was hoping to retire from Marsh in a few years. Now I am looking for another job.

    Advice to ManagementAdvice

    Value your employees for what they know and not how cheap they can be paid. The end result will be clients will go elsewhere costing the company more.

    Recommends
    Negative Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Worst Place ever

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

    I worked at Marsh & McLennan Companies full-time for more than 8 years

    Pros

    There are not any good reasons to work here.

    Cons

    Upper management sucks!!!! They pay millions in compensation packages to fired, ineffective CEO's when they could be passing that down to the people who actually do the work for the company.

    Advice to ManagementAdvice

    Get your heads out of your $%% and realize who keeps your company running and quit padding the pockets of management who does NOTHING!!!!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 3 people found this helpful  

    Former Employee of 17 yrs.

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

    I worked at Marsh & McLennan Companies full-time for more than 10 years

    Pros

    Access to high profile Fortune 100 clients. Great co-workers with wide range of experience. Good benefits and paid time off is generous.

    Cons

    Outsourcing duties such as Accounts Payable to INDIA. Constant changes to software. Trying to produce an invoice and get it turned around within a day is almost impossible. Too much red tape! Below average raises for mid-tier employees. Communication from top to bottom is poor.

    Advice to ManagementAdvice

    Stop re-inventing systems Mdoc's etc...every 3-4 yrs. A new platfort/system will roll out but still has kinks that need to be fixed and little support to fix it in a timely fashion. Bring back jobs to the US so that when you do need to speak to someone in accounts payable that you can understand their English. Reward those employees that go above and beyond (more then a 3% raise!).

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Awful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst/Certificate Specialist  in  Austin, TX (US)
    Current Employee - Operations Analyst/Certificate Specialist in Austin, TX (US)

    I have been working at Marsh & McLennan Companies full-time for more than a year

    Pros

    Benefits, benefits, benefits, benefits, benefits

    Cons

    Overworked and way under paid

    Advice to ManagementAdvice

    Show appreciation to employees who constantly go above and beyond and help retain accounts

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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