Marsh & McLennan Companies

www.marsh.com

Marsh & McLennan Companies Reviews

Updated January 22, 2015
Updated January 22, 2015
325 Reviews
3.2
325 Reviews
Rating Trends

Recommend to a friend
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Marsh & McLennan Companies President & CEO Daniel S. Glaser
Daniel S. Glaser
100 Ratings

Review Highlights

Pros
  • Great Benefits, Work life balance depending on the department, name brand recognition (in 27 reviews)

  • Good benefits and paid time off is generous (in 18 reviews)


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

  • Very little thought given to providing any sort of work/life balance to employees (in 5 reviews)

More Highlights

192 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    started in 2012

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Manager in New York, NY
    Current Employee - Associate Manager in New York, NY

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

    Pros

    a big company with lots of global mobility opportunities

    Cons

    you need to work very hard to keep you job, the turnover rate is high in Finance departments

    Advice to ManagementAdvice

    More focus on the emerging markets

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Morale taking a nose dive, no one seems to care.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Vice President in Irvine, CA
    Current Employee - Senior Vice President in Irvine, CA

    I have been working at Marsh & McLennan Companies full-time

    Pros

    Sharp Colleagues
    Great Clients
    Resource specialists
    Unique and engaging projects

    Cons

    Work life balance is a joke - consultants often on road 75% of time
    Lots of quality staff leaving
    Dated technology
    Arrogant senior leadership
    Poor or zero raises past 6 years
    Last year have seen a palpable shift from management whereby share price outweighs employee morale/satisfaction/burnout

    Advice to ManagementAdvice

    You are overlooking the contributions of your client facing staff for the sake of analytics.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    Great company with lots of opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Assistant in Atlanta, GA
    Current Employee - Insurance Assistant in Atlanta, GA

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

    Pros

    Marsh has established itself as a powerhouse in the marketplace. People recognize that and they can use that leverage to their benefit. The culture and company values are great. The company really cares about their people, and it is always priority number one. Leadership is the best in the business, and they are always looking to better the company, their employees, and grow. There is also lots of potential to move laterally into many different sectors of the company if you do your due diligence.

    Cons

    If you are in an entry-level position, the compensation and time off are not ideal. However, you know what you are getting into. It takes a little longer than expected to move into a promotion or another role in the company. Everything at this company takes awhile to gain movement, as in they are slow to make decisions.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Not good, not bad

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

    I have been working at Marsh & McLennan Companies

    Pros

    Mercer employees are very smart and motivated

    Cons

    There is no work life balance.

    Advice to ManagementAdvice

    Turn over is very high - take that seriously.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6.  

    Overall, positive experience

    • 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 (more than 8 years)

    Pros

    If you like to be busy, this is the place to be. Constant change = constant (and often crazy) work. Work schedule is typically flexible and there are allowances for working from home.

    Cons

    If you don't play politics, don't expect to get ahead here. There is somewhat of a 'group think' mentality here. Because of this, no one wants to make tough decisions and projects tend to drag out.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  7. 6 people found this helpful  

    Good "in-between jobs" job, but not much else.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Certificate Specialist I in Austin, TX
    Current Employee - Certificate Specialist I in Austin, TX

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

    Pros

    1. If you come from a background with little to no experience in a professional setting, this job is a great way to adapt yourself to a high profile business environment and it's an easy way to pad your resume with proven experience.

    2. Benefits and perks are (slightly) better than other entry-level positions

    3. Once you learn everything, this job is mostly exaggerated data entry. If you want something relatively stress-free and mindless to do while you catch up on podcasts, this isn't a bad way to kill a work week.

    4. Most of the people I work with are great and everyone here is nice

    5. All promotions are done internally and there are opportunities for advancement pretty often

    Cons

    1. The benefits are good, but the pay sucks. The pay structure might have been good 10 years ago when they set it up, but it's not good enough now especially when other entry level jobs in the same industry are paying more. There are bonuses in place for people who meet certain metrics each quarter, but they're not great, they're dependent on a broken system, and they take advantage of employees (putting in the work of 2-3 people should net you more than $200, guys).

    2. The training process is a four week intensive program that a lot of people fail and most drop out of. That's not to say that it's difficult, but this job appeals to very few people who are intelligent and patient enough to stick with it. If you're actually self-aware and professionally focused enough to read this review before you apply to this company then you're smart enough to get this job and get through the training. Regardless, it's discouraging to work for a company that brings in relatively few people who want to stick around, and even more discouraging that the people who do stick around are sometimes (kind of) a mess.

    3. On the corporate structure, our company is at the bottom. This means that any changes (like a department-wide pay increase or an upgrade to a glitchy, broken program **ten years out of date**) have to be approved by a corporate office that doesn't fully understand what we do or cares. The turnover rate for other departments outside of ours is pretty high so proving yourself to a higher-up and building a relationship can be pointless when they're gone a month later and they're replaced with a new person who just sees you as another faceless schmuck. Constantly having to define your role in this company over and over again even after you've proven your worth ten times over is incredibly demoralizing and defeating.

    Advice to ManagementAdvice

    Create more incentives or give higher bonuses to the people who pull more than their weight. If you can't keep people around then at least give more worth to the people who have stayed. Stop wasting money trying to train dead horses and invest more money in the people who are still around. Retaining good employees will be much more valuable (and cheaper) than hiring new ones.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Good people to work with, but salaries and contributions are not always commensurate with skill set or raises

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Louisville, KY
    Current Employee - Assistant Vice President in Louisville, KY

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

    Pros

    Excellent health benefits and the company is diverse.

    Cons

    Not a lot of room for growth.

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

    Work-Life balance is Non-Existent

    • 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 (more than 3 years)

    Pros

    When I first started it was great, corporate setting with a family like atmosphere. A lot of training and room to move up. Positive feedback and wonderful incentives.

    Cons

    Things within the last two years have changed. Next to no training, sink or swim mentality. It has become money driven and the employee turn over rate is at its highest.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Disappointed. Talent Acquisition team doesn't interact with staff so they really don't know what talent is in house.

    • 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 as a contractor (less than a year)

    Pros

    Nice cafeteria, some very nice staff members who seem to be in a rut since there is no career advancement.

    Cons

    Talent Acquisition team or what other worlds might call HR do not interact with staff and when you engage them regarding your career aspirations or looking for another opportunity to work somewhere else with the organization they are a bunch of robots and tell you to look at the website. There is no interaction with people via verbal communications with this area.

    Advice to ManagementAdvice

    Stop outsourcing. Interaction with employees and temps. Engaging your staff with human contact would be nice. Talent Acquisition Team needs to be overhauled, they don't follow thru at all.

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

    Working for Marsh

    • 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

    Pros

    Very large company with great benefits. Top insurance brokerage firm.

    Cons

    Many changes going on within the company.

    Advice to ManagementAdvice

    If you are in sales you are valued! If not, the promotions and raises are minimum for the other roles.

    Recommends
    Positive Outlook
    No opinion of CEO

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