Marsh & McLennan Companies Reviews

Updated June 30, 2015
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102 Employee Reviews

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  1. Learned a great deal working with smart, high energy people

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Hoboken, NJ
    Former Employee - Anonymous Employee in Hoboken, NJ

    I worked at Marsh & McLennan Companies

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    International exposure, complexity and intellectural challenge definitely propelled my career. Firm is contributing to the advancement and debate of socail issues retirement, healthcare, risk mitigation to cover the unexpected...with all the natural catastrophes insured businesses (those that take risk advice) are able to recover and help communities to recover as well.

    Cons

    constant cost cutting distracting from growth investing

    Advice to Management

    Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate, Innovate


  2. Helpful (1)

    Slow grow, must be willing to relocate to advance in most positions

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

    I have been working at Marsh & McLennan Companies

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Excellent benefits package, relaxed office environment, interesting colleagues. Local roles are limited but there are many opportunities to advance or move around in the company if you are willing to relocate.

    Cons

    It is really up to the individual to push the envelope and get noticed in order to be given the opportunity to grow. The tools are available but a lot of personal effort is required in order to advance.

    Advice to Management

    Continue to encourage colleagues to become involved. When hiring new colleagues, highlight the growth opportunities that are available and be sure to state plainly that most opportunities for advancement outside of supervisor/manager roles will require relocation. Figure out how to reduce the high turnover.


  3. Very pleasant

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Financial Analyst in Philadelphia, PA
    Current Employee - Senior Financial Analyst in Philadelphia, PA

    I have been working at Marsh & McLennan Companies

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    good people, great environmental, awesome cubicles

    Cons

    too much corporate politics in that place

    Advice to Management

    listen to your employees


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  5. Great career growth

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

    I have been working at Marsh & McLennan Companies

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Diverse business, fair compensation to key employee

    Cons

    Long hours, Career path, unstructured compensation criteria

    Advice to Management

    Retain employee


  6. Helpful (1)

    Mundane, but no micromanaging

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Licensing Coordinator in Austin, TX
    Former Employee - Licensing Coordinator in Austin, TX

    I worked at Marsh & McLennan Companies

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    No micromanaging
    Handle your own case load in the order and way that best fits you
    Good health insurance benefits

    Cons

    Not much room to grow unless you know people
    Have to record every little action that you perform on a log
    The people in this department were not as intellectual as others from different departments

    Advice to Management

    Managers should be enthusiastic and informative of their respective jobs, that wasn't always the case.


  7. my career has been very rewarding with marsh

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY

    I have been working at Marsh & McLennan Companies

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    reward people who step up. relaxed office atmosphere. failrly compensated.

    Cons

    IT needs to be improved.

    Advice to Management

    NEW LEADERSHIP IS DOING A GREAT JOB


  8. Helpful (2)

    Upper management is the bad apple in the barrel

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Administrator in Franklin, MA
    Current Employee - Systems Administrator in Franklin, MA

    I have been working at Marsh & McLennan Companies

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Salary is decent

    Benefits are good

    My office environment is decent

    Cons

    Upper level management

    Not much opportunity to advance

    Company wide raise freeze after first year of employment. Raise freeze has been in effect for several years now.

    Horrible feedback from management and bad performance review policies. Management seems to think that unless you email them every time you sneeze then you don't exist as far as the company is concerned (slight exaggeration)

    Advice to Management

    MMC is a decent company to work for but there are some serious competency issues with people in upper management that are driving the IT sector of the company in the ground. First level managers are great from what I have experienced.

    It's only a matter of time before things implode and the IT infrastructure will be in need of a serious overhaul. Once CIO level management realizes what is going on things will change in the company.


  9. $85,000

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in New York, NY
    Current Employee - Executive Assistant in New York, NY

    I have been working at Marsh & McLennan Companies

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Stable company, Great leadership, salary and benefits package. Brian Dupperault is doing a great job. attractive bonus and midtown location are also a plus.

    Cons

    Performance review needs to be improved. Need to give better opportunities for employees to switch jobs wiyhin the company. Continuous education should be given to employees who exceeds management expectation.

    Advice to Management

    Brian Dupperault is doing a fantastic job. They are on the right track and will succeed. Should give more autonomy and opportunities for growing within the company.


  10. Helpful (1)

    AVP - P&C Client Advisory and Broker

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President - Insurance Broker in New York, NY
    Current Employee - Assistant Vice President - Insurance Broker in New York, NY

    I have been working at Marsh & McLennan Companies

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Great Place to get experience in work world if interested in a career in financial services that doesn't require over 50 hours a week. Great People and usually top flight clients.

    Cons

    Company was hit hard by Spitzer suit and only really began to recover in 2008. Very limited up side potential. Don't work here if money is your top priority.

    Advice to Management

    Keep making necessary changes to firm for growth.


  11. Helpful (1)

    Low morale, Layoffs, and a Sad Decline

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Hoboken, NJ
    Former Employee - Anonymous Employee in Hoboken, NJ

    I worked at Marsh & McLennan Companies

    No opinion of CEO
    No opinion of CEO

    Pros

    Very talented, dedicated people. Good salary and benefits. Attractive building. Pleasant office space. Nice views from Hoboken. Some prestige--name recognition around the world (at least in the insurance industry).

    Cons

    Lots of layoffs in IT. Low morale. Everyone worried that the axe will fall on them. Tendency to leave people stuck in same position for years--you have to really be assertive to avoid getting stuck. Frequent leadership changes with corresponding changes in culture/direction. Feeling that employees are taken for granted. Management does not seem to care at all about losing good people. In fact, they've been actively trying to get rid of people to reduce payroll. There seems to be a perception around the firm that IT doesn't really help to maximize profit--it provides too little bang for the buck.

    Advice to Management

    Things have been declining there for years, so it's tough to see that anything will change anytime soon. If I were a manager, I would keep my resume up to date and look for a better opportunity elsewhere. So many other people have done the same thing.



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