Marsh & McLennan Companies

  www.marsh.com
  www.marsh.com

Marsh & McLennan Companies Reviews

Updated December 15, 2014
Updated December 15, 2014
320 Reviews
3.2
320 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Marsh & McLennan Companies President & CEO Daniel S. Glaser
Daniel S. Glaser
96 Ratings

Review Highlights

Pros
  • Great Benefits, Work life balance depending on the department, name brand recognition (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)

  • Very little thought given to providing any sort of work/life balance to employees (in 5 reviews)

More Highlights

91 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Not too bad for an office

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

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

    Pros

    great benefits, easy work, comfortable chair

    Cons

    unhealthy office environment, shaky job security right now

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Once a proud company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Developer in West Des Moines, IA
    Former Employee - Developer in West Des Moines, IA

    I worked at Marsh & McLennan Companies

    Pros

    Marsh offers a great benefit package and once was a great place to work.

    Cons

    Once the higher ups decided that to save money jobs needed to be outsource the company went downhill fast. The management team stop talking with employees on future plans, the quality of work went down and reports were being made that did NOT show the correct outcome or progress just to show their decisions were correct.

    Advice to ManagementAdvice

    Start looking at employees as assets and not something to be discarded or lied to.

    Doesn't Recommend
    Disapproves of CEO
  3.  

    Decent place to start career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Insurance Broker in Richmond, VA
    Current Employee - Insurance Broker in Richmond, VA

    I have been working at Marsh & McLennan Companies

    Pros

    Wide variety of fields to explore.
    Expertise across risk spectrum

    Cons

    Communication is poor
    Management is made up of sales folks, not managers

    Doesn't Recommend
    Approves of CEO
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  5.  

    adequate

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

    I have been working at Marsh & McLennan Companies

    Pros

    flexibility, greatly aging workforce presents future opportunity

    Cons

    “performance management” in like of career development

    Approves of CEO
  6. 1 person found this helpful  

    Temporary

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

    I have been working at Marsh & McLennan Companies

    Pros

    - Good benefits/paid time off/good management in our office
    - Work closely with a fun team
    - Easy way to gain office experience
    - Gain specific software experience

    Cons

    - Virtually no way to move up unless a supervisor leaves
    - Expected to understand insurance without every being trained about insurance itself
    - People with higher positions than us don't know how to do our job - proof they don't promote from within
    - Extremely high turnover. There are new employees all the time and current employees leave just as often
    - Paid next to nothing

    Advice to ManagementAdvice

    If you pay us more and get rid of the incompetent specialists, the attrition rate would not be so high and we would make Marsh a career - not a temporary workplace to gain office experience.

    No opinion of CEO
  7.  

    Limiting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Manager in Urbandale, IA
    Current Employee - Senior Manager in Urbandale, IA

    I have been working at Marsh & McLennan Companies

    Pros

    Great quality of coworkers.Good teamwork and camaraderie among peers. Nice working environment with an easy commute. It's in Iowa.

    Cons

    Revolving door of senior executives. For example, at least 6 different CEO s in 10 years making it impossible to chart a strategic course then sail there.

    Advice to ManagementAdvice

    Be more inclusive and really look around you at the talent available. You're missing it by not involving capable people in our leadership team.

    Approves of CEO
  8.  

    Overall it is satisfactory carreer advancement is limited if you in a certain position

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Client Representative in Chicago, IL
    Current Employee - Senior Client Representative in Chicago, IL

    I have been working at Marsh & McLennan Companies

    Pros

    Great benefit package, great resources available, hours are from 8:30am to 5:30pm, largest risk management broker in the world.

    Cons

    Performance Reviews are biased, compensation needs to be raised for certain position, career limitations, more training needs to be provided in general to avoid large E&O's.

    Advice to ManagementAdvice

    Compensate employees fairly and accordingly compared to competition.

    Approves of CEO
  9. 2 people found this helpful  

    Ok if you have no ambitions!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Project Manager in Hoboken, NJ
    Current Employee - Project Manager in Hoboken, NJ

    I have been working at Marsh & McLennan Companies

    Pros

    Full Tuition benefits
    Many informal work-from-home arrangements
    Depending on which department you work for your life is good or hell.
    You know when cuts are coming and have ample warning.

    Cons

    No training whatsoever.
    Depending on which department you work for your life is good or hell.
    No work/life balance
    no sense of belonging to a team. You are on your own.

    Advice to ManagementAdvice

    Need more team interaction.
    at least some work life balance
    offer avenues for inter company transfers
    Offer innovative training
    celebrate successes

    Approves of CEO
  10.  

    Friendly work environment, but understaffed and not enough pay

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

    I have been working at Marsh & McLennan Companies

    Pros

    The culture is great; full of friendly people, fun social events and very little gossip. Most of the managers, including mine, are wonderful and help make it a good place to work.

    Cons

    Unfortunately, the corporate office is always trying to cut our budget, which means no raises, and a too-small staff. Turnover is very high.

    Advice to ManagementAdvice

    Value your employees more through higher/fair wages and opportunities to earn more in the future.

    No opinion of CEO
  11. 1 person found this helpful  

    Up and Down

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant Vice President in Philadelphia, PA
    Current Employee - Assistant Vice President in Philadelphia, PA

    I have been working at Marsh & McLennan Companies

    Pros

    -Peers are generally leaders in the industry
    -Relationships amongst peers are friendly
    -Resources are at your fingertips
    -Decent job stability

    Cons

    -Zero salary and bonus transparency
    -Undervalue promising young colleagues, which is why the majority leave
    -Very outdated technology
    -Slow career growth
    -Cutting nickels and dimes at every corner, which makes it harder to feel valued and also more difficult to perform my job in certain instances

    Advice to ManagementAdvice

    All the discussions about transparency with clients, you need some with your employees. There needs to be some idea of what people can expect to receive in terms of compensation and benefits as they advance. Also, there need to be more clear guidelines for advancement. Please update the technology. No "global leader" should be using IE 6 when IE 9 is being unveiled.

    Doesn't Recommend
    No opinion of CEO

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