Marsh & McLennan Companies Reviews

Updated February 10, 2015
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Daniel S. Glaser
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14 Employee Reviews

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  1. 3 people found this helpful

    Stuck in the past

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

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

    Pros

    Variety, its a big firm with lots happening. They have some good ciients and offerings. They are respected in the marketplace and have a number of things in motion at anyone time. Geographically spread out too.

    Cons

    Excessive work hours with an expectation to work late in the evenings and weekends. No clear strategy, once you've served your usefulness, you're surplus to demand. Highly political and clicky, if you are not in with the In crowd, then your time is limited. If you fit in with the click, then you'll do well.

    Advice to ManagementAdvice

    This is 2015, wake up to modern working practices that encourage development, opportunity and good work.
    Improve your compensation, especially bonus. Practice what you preach around company values instead of a plastic mission statement and set of values.

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

    Awful

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

    I have been working at Marsh & McLennan Companies full-time (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
  3. 5 people found this helpful

    Losing Talent and Focus

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Marsh & McLennan Companies

    Pros

    Marsh is a Global company with an abundance of resources and analytics available to clients. I've been at other top-ranked brokerage firms and Marsh, by far, surpasses the others in talent and resources.

    Cons

    In an effort to change the industry and create efficiencies they have lost sight of what's most important, our clients. Second to our clients are our colleagues who generally feel overworked, severely undervalued and completely expendable. Rather than allowing us to provide quality service to our clients they only create additional barriers.

    Staffing - we are constantly having to do more with less and it's clear management has no clue what it takes to provide "best in class" service that elite firms provide. If you're a producer it's even harder to negotiate fees with clients when you're constantly losing key team members and there are hurdles to provide any analytics to your clients.

    Advice to ManagementAdvice

    Try actually talking to colleagues who are in the trenches. Supposedly this was done as part of the new technology role out however they have completely missed the boat. Perhaps put on the breaks before things get even worse? Don't roll out initiatives if they don't work just to check them off your list to show it was completed.

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  5. 7 people found this helpful

    NO RAISES AT THIS COMPANY FOR YEARS. Very little upward mobility. Low employee morale.

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

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

    Pros

    Good work/life balance. Decent benefits. Good office location.

    Cons

    This company fails to tell you when they hire you that they have "frozen" raises for the past 5 years. They mislead you by saying that annual raises are given, when that is not the case. Nobody except for senior management gets a raise at this company, and they are handsomely paid. The company's excuse is the economic situation yet the company is doing very well financially. Upward mobility is hard to achieve, and you need to be extremely political and internally connected in order to move up. This company remains an old boys club and the few women that do get to senior leadership positions are even worse then the men. Employee morale is extremely low. Everyone is exasperated about the "raise freeze" and the apparent hiring freeze on much-needed administrative assistants.

    Advice to ManagementAdvice

    Give your employees raises and make them feel valued rather than disposable. Put people who actually know how to "manage" in managerial positions.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 3 people found this helpful

    Very political

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

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

    Pros

    The managing directors and SVP are very thorough in what they know. They believe in their team of employees.

    Cons

    You should tell people when you are hiring them as an consultant vs. full time employee.

    Advice to ManagementAdvice

    Spend more time having belief in your employees. This firm could do so much better in their marketing efforts if they knew how to market ideas to their employees instead thinking of them as second rate citizens.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. Terrible!!!! They are liars and cheats and cost people a way of living and send them to the unemployment line

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

    I have been working at Marsh & McLennan Companies full-time (more than 5 years)

    Pros

    No pros. Just be honest with your employees.

    Cons

    The cons are that they do not know how to conduct business. They obviously have taking in courses in marketing, sales or business administration. This is the most wasteful financial company ever.

    Advice to ManagementAdvice

    Hire people who have a desire to help the community in which they live in and not just volunteer because your name will get on the Marsh and McLennan newsletter. This company is so overrated.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. Management does not encourage employee growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX

    I have been working at Marsh & McLennan Companies

    Pros

    Great Company which appears to have many career growth opportunities.

    Cons

    Management does not encourage some employees career growth opportunities.

    Advice to ManagementAdvice

    Great Job

    Recommends
    Approves of CEO
  9. MMC marsh and mclennan

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Global Sourcing Position in Boston, MA
    Current Employee - Global Sourcing Position in Boston, MA

    I have been working at Marsh & McLennan Companies

    Pros

    MMC has great benefits and multiple work locations

    Cons

    No cohesion among operating companies

    Advice to ManagementAdvice

    Need to work on standing behind the parent company and set an example for the operating companies

    Doesn't Recommend
    Disapproves of CEO
  10. 1 person found this helpful

    Its a paycheck

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Dallas, TX
    Current Employee - Anonymous Employee in Dallas, TX

    I have been working at Marsh & McLennan Companies

    Pros

    Well if your lucky to get a bonus then that is one of the best reason to work at Marsh USA inc.

    Cons

    Lack of communitcation, leadership, ownership of responsability. Micromanagement... i.e. what did you do yesterday , why did it take you an hour to complete a project that should have only taken u 15 mins. Having supervisors walk around to ensure your at your desk. Losing best talent because no money, yet Marsh had one of the best years in 2009.

    Advice to ManagementAdvice

    Pay your people what they are worth and maybe they will stick around longer.

    Doesn't Recommend
    No opinion of CEO
  11. No growth opportunties and moral is low

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Client Representative II in Phoenix, AZ
    Current Employee - Client Representative II in Phoenix, AZ

    I have been working at Marsh & McLennan Companies

    Pros

    To get the basis fundamentals of insurance and risk managment.

    Cons

    Moral is low, upper management cuts expenses (ie cheaper office supplies, holiday potlucks) but the higher level positions are still allowed to spend enormous amounts of money for traveling. People are promoted not based on merit or hard work but instead of how connected you are in the company. Too many politics and egos that trickles down to the cr's who are left with all the work.

    Advice to ManagementAdvice

    I would say hire more innovative fresh minds that challenge the normal functions.

    Doesn't Recommend
    No opinion of CEO

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