Marsh & McLennan Companies

  www.marsh.com
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Marsh & McLennan Companies Reviews

Updated Jun 27, 2014
All Employees Current Employees Only

3.1 291 reviews

67% Approve of the CEO

Marsh & McLennan Companies President & CEO Daniel S. Glaser

Daniel S. Glaser

(89 ratings)

54% of employees recommend this company to a friend

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
13 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Awful

    Operations Analyst/Certificate Specialist (Current Employee) Austin, TX

    ProsBenefits, benefits, benefits, benefits, benefits

    ConsOverworked and way under paid

    Advice to Senior ManagementShow appreciation to employees who constantly go above and beyond and help retain accounts

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    4 people found this helpful  

    Losing Talent and Focus

    Anonymous Employee (Current Employee)

    ProsMarsh 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.

    ConsIn 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 Senior ManagementTry 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.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    6 people found this helpful  

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

    Anonymous Employee (Current Employee) New York, NY

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

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

    No, I would not recommend this company to a friend

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

    3 people found this helpful  

    Very political

    Senior Administrative Assistant (Current Employee) New York, NY

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

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

    Advice to Senior ManagementSpend 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.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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

     

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

    Senior Executive Assistant (Current Employee) New York, NY

    ProsNo pros. Just be honest with your employees.

    ConsThe 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 Senior ManagementHire 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.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Management does not encourage employee growth

    Anonymous Employee (Current Employee) Houston, TX

    ProsGreat Company which appears to have many career growth opportunities.

    ConsManagement does not encourage some employees career growth opportunities.

    Advice to Senior ManagementGreat Job

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    MMC marsh and mclennan

    Global Sourcing Position (Current Employee) Boston, MA

    ProsMMC has great benefits and multiple work locations

    ConsNo cohesion among operating companies

    Advice to Senior ManagementNeed to work on standing behind the parent company and set an example for the operating companies

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Its a paycheck

    Anonymous Employee (Current Employee) Dallas, TX

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

    ConsLack 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 Senior ManagementPay your people what they are worth and maybe they will stick around longer.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    No growth opportunties and moral is low

    Client Representative II (Current Employee) Phoenix, AZ

    ProsTo get the basis fundamentals of insurance and risk managment.

    ConsMoral 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 Senior ManagementI would say hire more innovative fresh minds that challenge the normal functions.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Mediocre place to work

    Client Sales (Current Employee) Dearborn, MI

    ProsThey very have excellent benefits.

    ConsThere is no career growth or room for advancement. People are not promoted based on ability and competency

    Advice to Senior ManagementListen to employees more.

    No, I would not recommend this company to a friend

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