Marsh Reviews

Updated April 17, 2015
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  1. Helpful (1)

    Big Girilla/Cheap

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant in Los Angeles, CA
    Current Employee - Consultant in Los Angeles, CA

    I have been working at Marsh full-time (more than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Very Professional Organization, Great reputation, room to grow if you are a super producer, must be able to sell

    Cons

    Can be cheap in allocating resources, uses substandard tech, such as blackberry, laptops. Expense policies are a hindrance and confining. Consulting practice of the business has to deal with policies meant for brokers.

    Advice to Management

    Separate the Consulting Practice from the Brokerage Practice in the organization. The revenue flow and effect of policies are different for each type of business. Many opportunities have been lost by the consulting practice because of policies designed for the Brokerage practice. The employees should physically stay in the same place.
    Look for way to improve technology and not go after the cheapest source. Do an overhaul off the expense reimbursement system so it's more user friendly and the policies are more flexible.

  2. Helpful (3)

    You have been warned... Not the company it once was...

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

    I worked at Marsh full-time (more than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Great people to work with, however, anyone that is worth anything is so overworked and burnt out, that mentoring and support no longer exist. Coming in fresh you should be able to get paid well, but make sure it's generous as you'll never see another decent raise again. Good benefits, but costs keep rising as Marsh continues to chip away at employee benefits to keep that stock price up. There are only two reasons to work here - for the money (make sure you get it) and the experience of working for a large, segmented broker (if you have experience - really do move on).

    Cons

    So much red tape. So many systems that just plain suck. No appreciation for those working over 100% capacity - no matter how many accounts you handle, Marsh will think you can handle more. Unless of course, you are extremely mediocre and allowed to coast, which sadly, there are still plenty of those. Don't come here if you are above average or actually have any worthwhile experience. Morale is so bad - lots of folks in their late 50's counting down the days until they can escape this company. I've seen several colleagues in actual tears from the stress which management then holds against them as "not being cut out for this business". Upper management is still a boys club and if you are a woman and/or a minority be prepared for a long battle to the top - cause you'll never get there.

    Advice to Management

    So many promises that could never be delivered... There's a reason so many awesome, long-term employees are leaving in droves (I was one of them)...it sucks working at Marsh and it was not always that way. Bring back the humanity that is so lacking these days - employees are people not machines...

  3. Helpful (1)

    Associate Placement Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Placement Specialist in Chicago, IL
    Former Employee - Associate Placement Specialist in Chicago, IL

    I worked at Marsh full-time (more than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Great benefits, lots of opportunities for continued education and movement within the firm if you are proactive, and many wonderful people/resources

    Cons

    Corporate environment, and your actual work gets lost in the amount of protocols to follow, constantly changing systems/programs, pay increases are tough to get, culture can be less than inspiring

    Advice to Management

    Incorporate peer reviews and skip reviews where colleagues get to provide feedback to their manager's manager. This will retain employees and curb poor management practices.

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  5. Helpful (1)

    Pleasant experience overall

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Finance in Los Angeles, CA
    Former Employee - Finance in Los Angeles, CA

    I worked at Marsh full-time (more than 5 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Excellent benefits, great pay.

    Cons

    High turnover rate at Senior Management level.

    Advice to Management

    Value talented and loyal employees. No room for advancement.

  6. Summer Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Summer Intern in Chicago, IL
    Former Intern - Summer Intern in Chicago, IL

    I worked at Marsh as an intern (less than a year)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    -Excellent workplace
    -Great learning experience
    -Training programs are excellent

    Cons

    -Retention issues
    -Salaries possibly within company not as high as others

  7. Helpful (3)

    Benefits declining, no room for advancement, overworked client advisors

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Advisor in Las Vegas, NV
    Current Employee - Client Advisor in Las Vegas, NV

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

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Largest insurance broker. Specialized knowledge.

    Cons

    Benefits were once one of the best in the industry but becoming very expensive as of Jan 2015 and with little or no pay raises, pay is actually declining. Parking rates increasing. Huge push for more sales and asked to do more than ever. Client advisors are micromanaged even though they are exempt. Lots of recent turnover. Dinosaur technology.

    Advice to Management

    Take care of your employees. Give advisors the help they need to get the job done. Too many manager meetings with no real results. Be truthful, it goes a long way.

  8. Too much red tape

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

    I worked at Marsh full-time

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Good people wanting to do the right thing, but the lawyers took control after Spitzer and it was impossible to get anything done. Good pay, pay for performance.

    Cons

    Way too much red tape and legal nonsense. Lots of large company bureaucratic crap. Little too arrogant about being Marsh.

    Advice to Management

    Let the workers work. Provide more incentives to cross sell between departments. Call fewer meetings and find tools to help with prospecting and selling.

  9. Helpful (2)

    Great job but very un-sexy

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good money, not a super high-pressure environment. You can stay there forever. On a bad day, it's like a pretty cool purgatory.

    Cons

    Unsexy, lots of cold calls, insurance industry is not that exciting. My boss looks like a greasy quaalude dealer from Long Island in the 1970s.

    Advice to Management

    Dress better.

  10. Marsh lifer

    Current Employee - Senior Vice President in New York, NY
    Current Employee - Senior Vice President in New York, NY

    I have been working at Marsh full-time (more than 10 years)

    Pros

    They are loyal and will pay over long term

    Cons

    They only pay over the long term

  11. Helpful (2)

    Good if you're in sales -

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing Specialist
    Current Employee - Marketing Specialist

    I have been working at Marsh full-time (more than 8 years)

    No opinion of CEO
    No opinion of CEO

    Pros

    Coworkers in my group are great in my group. Job stability.

    Cons

    Management is an old boys club. Unless you're a producer, don't expect an increase or bonus (no one seems to know how bonuses are calculated. Very heavy workload, no work life balance.

    Advice to Management

    Stop the talent flight. Those who can leave do. When the company keeps reporting record profits, it's hard to justify no increases, and token bonuses. Stop saying our colleagues are our greatest assets...actions speak louder than lip service.

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