Marsh & McLennan Companies Reviews

Updated June 12, 2015
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Marsh & McLennan Companies CEO Daniel S. Glaser
Daniel S. Glaser
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Pros
  • Fantastic benefits and a great work-life balance (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)

  • And forget about the work/life balance - it didn't exist (in 5 reviews)

More Pros and Cons

16 Employee Reviews

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  1. Helpful (1)

    Toxic

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

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

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

    Pros

    It's a paycheck and while they do mass layoffs every year, it's difficult to get fired.

    Cons

    Everything. The culture is void of individualism, critical thinking, sense of accomplishment, unity, comradery, pride ... Lower to mid management micromanages the tiny picture and tries to squeeze water from a stone.

    Advice to Management

    Take your own advice and 'reward top talent'. My raise last year was 0.9% and health care costs went up.


  2. Helpful (2)

    You work extremely hard on frustrating work and do not get compensated fairly.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Analyst I in Norwood, MA
    Current Employee - Client Service Analyst I in Norwood, MA

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

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

    Pros

    People are nice, there is a cafeteria on site, plenty of parking, you can learn a lot since you have a lot of responsibilities. Good resume builder.

    Cons

    Over worked, under compensated, senior leaders are cliquey. Systems are so old. Very high expectations that don't get rewarded for.

    Advice to Management

    If you want to attract and retain the best talent, the $ needs to be there. Everyone is trying to leave right now.


  3. Helpful (6)

    Stuck in the past

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    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 Management

    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.


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  5. Helpful (2)

    Awful

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Benefits, benefits, benefits, benefits, benefits

    Cons

    Overworked and way under paid

    Advice to Management

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


  6. Helpful (5)

    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 Management

    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.


  7. Helpful (7)

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

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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

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

    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 Management

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


  8. Helpful (3)

    Very political

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

    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.


  9. Terrible!!!! They are liars and cheats and cost people a way of living and send them to the unemployment line

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

    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.


  10. Management does not encourage employee growth

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

    I have been working at Marsh & McLennan Companies

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Great Company which appears to have many career growth opportunities.

    Cons

    Management does not encourage some employees career growth opportunities.

    Advice to Management

    Great Job


  11. MMC marsh and mclennan

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

    I have been working at Marsh & McLennan Companies

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    MMC has great benefits and multiple work locations

    Cons

    No cohesion among operating companies

    Advice to Management

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



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