Marsh & McLennan Companies Reviews

Updated August 19, 2015
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3.0
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Marsh & McLennan Companies CEO Daniel S. Glaser
Daniel S. Glaser
3 Ratings

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

104 Employee Reviews

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  1. Mediocore

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Middletown, NJ
    Current Employee - Anonymous Employee in Middletown, NJ
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Depending which OpCo you work in there is good work life balance and laid back culture.

    Cons

    I have been consistently told the pay is not up to market and there are always budget cuts effecting salaries, work load and hiring freezes.

    Advice to Management

    Invest in your colleagues so they stay and pass along their work experience and build upon it.


  2. Executive Assistant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Marsh & McLennan Companies full-time

    Pros

    Overall, the company was a good company with a positive reputation. They hired good, hard-working people who are goal-oriented.

    Cons

    I don't think all of management appreciated their employees fully. They seem to go through a period of laying off people every year, which questions why they hire additional people in the first place. Usually, it's due to budget cuts and not job performance.


  3. Helpful (1)

    Great opportunity, but worse than average politics

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

    Pros

    Smart people. Creative minds. Excellent project management. Well developed marketing strategy. Supportive of significant research. A high degree of mutual professional respect

    Cons

    Lots of snob-oriented status activities. A strong bias toward individuals' schooling, even after 30 years after graduation. Heaven help you if your creative idea is not considered to be a top priority. There is a great deal of politics and cronyism at senior levels, often undermining meaningful relationships and priorities.


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  5. moderate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - QA Test Lead in New York, NY
    Former Employee - QA Test Lead in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Marsh & McLennan Companies (More than 3 years)

    Pros

    Great work culture inside ofc

    Cons

    not organized upto market level


  6. Helpful (2)

    It

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Marsh & McLennan Companies (More than 3 years)

    Pros

    Great benefits package, ability to work from home

    Cons

    Corporate cost-cutting everywhere means people work in silos, raises are little to non-existent, annual review process is pointless and not timely, there's no push to promote and train people, company wastes money left and right

    Advice to Management

    Take care of your people better


  7. Helpful (1)

    Work

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

    Pros

    Interesting, creative, room to grow, lots of work, community based, and lots of work.

    Cons

    Lots of work, lots of work, recognition not always there, lost in shuffle, favors external sales roles.


  8. Helpful (3)

    Good firm to understand insurance industry and build relationships

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

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

    Pros

    Only pertaining to Marsh not the entire firm (Guy Carp, Mercer, OW) Tech-wise and innovation... Marsh is leading the pack in the insurance industry and the top broker firms. Great support and open to intrapreneurship. A lot of folks in the industry came from or started out at Marsh. Great place to build relationships as they have a great reputation in the industry.

    Cons

    As usual, if you're coming from a large corporation especially in the same or similiar industry you will probably find the same cast of characters. There are politics involved but not so much that you drown in it. As with other big corps, things move at a snails pace.

    Advice to Management

    Be more involved and set a tone. Middle management always follow the lead of their leadership and if the leadership is aloof or unsupportive it creates paranoia and uncertainty in people. This is very frustrating to see and affects the job performance of everyone going down the line.


  9. Helpful (1)

    Associate

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

    I worked at Marsh & McLennan Companies full-time

    Pros

    Great people, very collaborative environment

    Cons

    Limited promotional opportunities, management stresses lateral, not upward, promotions, antiquated tech infrastructure


  10. Excellent Work Environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Generalist in New York, NY
    Former Employee - Human Resources Generalist in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Marsh & McLennan Companies full-time

    Pros

    Great people, comprehensive benefits package, pension plan, decent vacation and personal days allowance, nice cafeteria

    Cons

    Senior management in the group was very overpaid for their skill level and ability to manage. Luckily, most of the dead weight in the upper ranks was let go shortly after I left. I hear positive things from colleagues who are still there.

    Advice to Management

    HR at the company needs to be way more progressive. I would advise doing more benchmarking with HR departments in top companies and implementing best practices.


  11. IT Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Hoboken, NJ
    Former Employee - Anonymous Employee in Hoboken, NJ
    Recommends
    Approves of CEO

    I worked at Marsh & McLennan Companies (More than a year)

    Pros

    A good corporation to work at

    Cons

    Work-life balance is often not appropriate

    Advice to Management

    Work with staff in a less pressure-cooked manner



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