Marsh & McLennan Companies Reviews

Updated August 19, 2015
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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

Sort: Popular Rating Date
  1. Marsh - great company - tough time

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Approves of CEO

    Pros

    Great people with deep expertise - market leader

    Cons

    company is retrenching and downsizing - tough place to be right now

    Advice to Management

    Focus on the fundamentals - over communicate


  2. Look elsewhere if you want to move up the career ladder

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Louisville, KY
    Former Employee - Analyst in Louisville, KY
    Doesn't Recommend
    No opinion of CEO

    Pros

    The company is great to work for when you need a flexible work schedule.

    Cons

    Unfortunately, the company still runs on the "Good Ole Boy" system. If you kiss up to the powers that be you will be promoted quickly. Otherwise, you might as well get comfortable in the position you hold until you decide to leave because there isn't a career ladder.

    Advice to Management

    There are many, many, many talented people that work for Marsh. Build a broader career ladder. The current career ladder needs to be revised throughout the company. There is no room for an employee to move up.


  3. Great opportunity, but be very direct about your intentions to move up.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Support Analyst in Louisville, KY
    Current Employee - Support Analyst in Louisville, KY
    No opinion of CEO

    Pros

    Because of the company size there are a lot of opportunities within the company for advancement or career change. Speaking mainly for the Information Technology related fields, the company tries to promote from within. There is also a very competitive benefits package, including Medical, Dental, Vision, and Retirement options.

    Cons

    Depending upon the team with which you work, there is little recognition for hard work, and in a lot of situations if you are a person that excels in your position, you may not get a promotion or may be delayed in getting a promotion, because they "Can't afford to lose you" in your current position.

    Advice to Management

    Be more selective about who gets hired into Managerial positions within the company.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Go back to a small feeling company

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Assistant II in Urbandale, IA
    Current Employee - Insurance Assistant II in Urbandale, IA
    Recommends
    No opinion of CEO

    Pros

    Benefits - Amount of Time off - Starting pay is more than other companies

    Cons

    Low raises depending on how the company did for the year - People get advancements very rairly and the only raises you get are your yearly ones, and they are a very very small %.

    Advice to Management

    Really look at the employee and decide that you want to keep them instead of letting them go to a another company willing to pay them more. If you are going to give them more work, make sure they are compensated for it. A lot of employees do a ton of Senior Management jobs for them, but we never benefit, only the Senior Management does. Go back to more of a family feeling company, and less corp. Take the record profit of $11 Billion and give some back to the company employees instead of telling everyone, we are still recovering from things, and its another small increase in pay this year.


  6. Helpful (1)

    Love My Job! Best Place to be!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    No opinion of CEO

    Pros

    Great People! Love the people I work with on a daily basis. They make working at Marsh enjoyable! The company is a great place to work and to be. I really dont have general complaints about working for Marsh. I work with very easy going and understanding people and I couldnt ask for a better group!

    Cons

    Lack of Promotions, bonuses, and salary increases. That is the only problem at Marsh that there is never ever any money.

    Advice to Management

    Start looking at the little people that make this company run day in and day out, its not only the MD's and the SVP's that do all the work.


  7. Fine place to work, but a bit confusing and on the boring side.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Communications Specialist in West Des Moines, IA
    Current Employee - Communications Specialist in West Des Moines, IA
    No opinion of CEO

    Pros

    Pays fairly well for similar jobs. Good benefits package, casual work environment.

    Cons

    Technology updates have been terrible. Old computers, printers, software, etc. Conference calls with others from different parts of world/country are common, so time differences can be an issue. Feels like a very selfish corporate environment, all about bottom line. Wish we were able to feel like we were helping others rather than just working for another percent of commission.

    Advice to Management

    Give us a better or more clear idea of what the big picture is. How is what we are doing helping anyone other than ourselves?


  8. Positive

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Representative II in Los Angeles, CA
    Current Employee - Client Representative II in Los Angeles, CA
    No opinion of CEO

    Pros

    The company appears to be headed in the right direction with new management, and there are a lot of opportunities for growth. Positive working environment and there is a lot of support from managers. A lot of different options as far as departments go, can get involved in many different industries. Compensation is decent for the amount of hours worked, and there is a positive work/life balance. Excellent growth potential for younger workers getting into the industry. Overall, a good place to work and would recommend to others looking to get into the insurance industry . . . . .

    Cons

    Pay and bonuses could be increased

    Advice to Management

    iu


  9. Helpful (1)

    if your willing to be cut-throat about moving up the pay can be good but times can be stressful.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Chicago, IL
    Current Employee - Software Developer in Chicago, IL
    No opinion of CEO

    Pros

    good pay depending on your team but can be very stressful at times. There is definitely opportunity for quick career advancement but you have to be really vocal and will end up having to sacrifice some of your personal life to do it.

    Cons

    lots of inter company and inter team politics. Morale can vary greatly depending on which group your on.

    Advice to Management

    prior to execution of action, make sure to have a solid plan in place analyzing the possible implications. Sometimes decisions appear to be knee jerk reactions.


  10. Benefit from our "Upside"!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Consultant
    Current Employee - Risk Consultant
    Recommends
    No opinion of CEO

    Pros

    Interesting time to work for MMC. You could be at the beginning of something great, or at the end of something great. I truly hope that we are in the midst of a turnaround.

    Cons

    Uncertainty of future due to inept management. I'm constantly being reminded of the "good old days" at MMC. I'm ready for the new " good old days". I hope that we can expect some senior management to stay beyond their appointment date. There has been a series of people that have worked at MMC less than 6 months, but managed to take with them a hefty retirement package. For absolutely no benefit to the company. They got their positions becuse of who they knew, they cashed in, now they're gone.

    Advice to Management

    Listen to your BEST performing managers, not just hte ones that have managed to stay in the same position for the last 20 years!


  11. Helpful (1)

    Take to heart the little person....

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Assistant III in Urbandale, IA
    Current Employee - Insurance Assistant III in Urbandale, IA
    Disapproves of CEO

    Pros

    Starting benefits are great. They wheel you in with the vacation and extra holiday days, floating days, personal days and everything.

    Cons

    Advancement is very tough. Eventhough you might have more experience and better qualities, it does all come down to how well you know your boss and how well your in with them. The more sucking up you do, really does take preference over performance I believe.

    Advice to Management

    Instead of believing you can always get someone else to work for you at a lower cost to the company. Start taking experience and the time and money that you have invested in to someone to heart. Marsh seems to always not care if you received another offer from another company doing the same position for more pay. Marsh would rather, employee someone new, pay for all the training, securites and in-experience over increasing someones salary just by enough to keep them with the company.



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