Marsh & McLennan Companies Reviews

Updated 21 August 2014
Updated 21 August 2014
299 Reviews

3.2
299 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Marsh & McLennan Companies President & CEO Daniel S. Glaser
Daniel S. Glaser
90 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. 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
  2.  

    Tax Attorney

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    This company is a great place to work. Fantastic benefits and a great work-life balance. Smart people and not too political. Tons of vacation time and separate sick days makes it very accommodating. Subsidized cafeteria makes lunch cheap, and in-building gym is super convenient. Super stable environment and company. Great for someone not looking for a crazy lifestyle.

    Cons

    I didn't find any cons, except for the slow pace - at times it can be inert. Bonuses didn't increase, nor did salaries.

    Advice to ManagementAdvice

    Help create more projects for everyone to keep people busy. Give them real goals. And deadlines. Create more cross-department interaction and training programs - anything to bring more visibility between departments.

  3. 1 person found this helpful  

    Don't stay here!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  New York, NY (US)
    Former Employee - Vice President in New York, NY (US)

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

    Pros

    Met plenty of hardworking, decent people. Unfortunately, they are not appreciated.

    Cons

    Unhappy place to work. Mobbing and bullying is rampant.

    Advice to ManagementAdvice

    Treat your employees with respect and show your appreciation once in a while. Overhaul management.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Great place to grow a diverse career

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

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

    Pros

    Lot of great people to work with, very diverse skill sets and capabilities to learn from. Great opportunities to move within the businesses if you want to

    Cons

    Too cost focused at times on things that undermine the culture and make people feel disengaged

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Overall positive, but with an odd new annoyance policy popping up every far-too-often

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

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

    Pros

    High pay, professional environment, opportunities available for those who want them

    Cons

    While you can move up, it certainly seems to be a long wait at the moment, with little to no growth in higher teams at the moment.

    Advice to ManagementAdvice

    Some of the decisions filtering down to the lower ranks seem thoroughly misguided, nothing hugely significant, just things that should have never been signed off on, including certain program updates, particular goals and targets (and the repercussions of not hitting them) and aspects of the security and validation policy. There is a culture of keeping all the boxes green on a spreadsheet, rather than looking with any detail into what they mean or why they are there.

    Recommends
    Positive Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Employees are asked to do more and more, for the same salary.

    Current Employee - Anonymous Employee  in  San Francisco, CA (US)
    Current Employee - Anonymous Employee in San Francisco, CA (US)

    I have been working at Marsh & McLennan Companies full-time for more than 10 years

    Pros

    Good benefits and working hours

    Cons

    Work overload, too much to do, not enough time

    Advice to ManagementAdvice

    Remember those who perform the "grunt work"

  8. 1 person found this helpful  

    Great out of school experience but horrible pay

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

    I worked at Marsh & McLennan Companies full-time for more than 5 years

    Pros

    Complex work experience with large fortune 100 clients

    Cons

    Pay and performance metric controllability

    Advice to ManagementAdvice

    Use a true balance scorecard approach that is actually tied to performance level of the employee and adjust pay when they are successful.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Do not value their employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Processing Specialist  in  Las Vegas, NV (US)
    Former Employee - Processing Specialist in Las Vegas, NV (US)

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

    Pros

    The starting pay for individuals without any experience in a brokerage firm is competitive.

    Cons

    They DO NOT offer annual raises or cost of living adjustments, despite what they say in the interview process. It is extremely difficult to advance and they, again despite what they claim, DO NOT value education or pay more for higher education.

    Advice to ManagementAdvice

    This company needs to unite. There is a "us versus them" attitude between the client advisers (sales) and the operations community. The sales side receives bonuses, raises, and a higher base pay, whereas the operations side is told that they are lucky to have a position and do not merit additional pay.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    its ok, not the worst job in the world

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Local Technology Coordinator  in  Saint Louis, MO (US)
    Current Employee - Local Technology Coordinator in Saint Louis, MO (US)

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

    Pros

    decent pay, nice boss, lots of PTO , ok benifits, pension plan

    Cons

    not exposed to enough new tech

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Salary Good, but too internally focused

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Advisor  in  Chicago, IL (US)
    Current Employee - Client Advisor in Chicago, IL (US)

    I have been working at Marsh & McLennan Companies full-time for more than 10 years

    Pros

    Salary is good, local management is great, but corporate focus on internal processes and procedures makes client service a secondary goal, if that. Driven to automate to drive down costs and increase shareholder value.

    Cons

    Internal focus, lack of support, systems that do not work but employees are encouraged and rewarded for saying that they do. Spin machine in full use at all times.

    Advice to ManagementAdvice

    Get back to what Marsh was known for. Superior people, superior service, and work-life balance for colleagues.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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