Marsh & McLennan Companies Reviews

Updated March 2, 2015
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3.2
332 Reviews
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Daniel S. Glaser
0 Ratings

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 Pros and Cons

Employee Reviews

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  1. very fair

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President
    Current Employee - Assistant Vice President

    I have been working at Marsh & McLennan Companies

    Pros

    allows you to follow your own initiative

    Cons

    can be slow for approvals

    Advice to ManagementAdvice

    work to maintain existing employees

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful

    Review

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

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

    Pros

    Stable company with great benefits and good opportunities.

    Cons

    Too much overhead in the layers between mid and upper and upper management.

    Advice to ManagementAdvice

    Too many "management" or other highly paid positions between corporate and geography. Also, need to pace change better in order to not overload with initiatives that are non-revenue generating.

    Recommends
    Positive Outlook
  3. Not the greatest company, but not the worst either

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

    I worked at Marsh & McLennan Companies as a contractor (less than a year)

    Pros

    The pay is relatively good here and there's lots of room for growth and advancement (if you fight for it). Most of the people here are exceptionally smart, friendly, and pleasant to work with. There's no formal training given in most departments but teammates are always willing to teach or help you if you ask. I would say the corporate culture here is pretty laidback. There's casual Fridays, occasional team luncheons, and celebratory happy hours. Can't say much regarding time-off policy but it seems to be fairly standard. Diversity of employees and corporate discounts are nice too here.

    Cons

    Lots of work and long days (sometimes even weekends). You are worked to the bone here, but I think most companies are like that nowadays. Processes are slow to change, sometimes unnecessarily convoluted, and often difficult to follow closely. Leadership here seems to be a little narrow-minded to me but the company does make their numbers every quarter. Benefit packages seem to be OK but I think more incentives could be offered to employees.

    Advice to ManagementAdvice

    If you want to retain your employees and keep them working hard, you need to offer more money or better incentives. Also, I would encourage you to offer more opportunities for team-building, creativity, and fun. It could go a long way with your employees.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. started in 2012

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

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

    Pros

    a big company with lots of global mobility opportunities

    Cons

    you need to work very hard to keep you job, the turnover rate is high in Finance departments

    Advice to ManagementAdvice

    More focus on the emerging markets

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful

    Run

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Jersey City, NJ
    Current Employee - Anonymous Employee in Jersey City, NJ

    I have been working at Marsh & McLennan Companies

    Pros

    Alot of good talent and good people.

    Cons

    Work loads are beyond comprehension.
    Employees are not valued shareholders are.
    I'ts about managements bonus.
    Squeeze every $ out employee's expense

    Advice to ManagementAdvice

    Valued employee's will produce shareholder value.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. Culture

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Marsh & McLennan Companies

    Pros

    Ethical and very professional organization.

    Cons

    New management maybe less people oriented

  8. 3 people found this helpful

    Stuck in the past

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

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

    Pros

    Variety, its a big firm with lots happening. They have some good ciients and offerings. They are respected in the marketplace and have a number of things in motion at anyone time. Geographically spread out too.

    Cons

    Excessive work hours with an expectation to work late in the evenings and weekends. No clear strategy, once you've served your usefulness, you're surplus to demand. Highly political and clicky, if you are not in with the In crowd, then your time is limited. If you fit in with the click, then you'll do well.

    Advice to ManagementAdvice

    This is 2015, wake up to modern working practices that encourage development, opportunity and good work.
    Improve your compensation, especially bonus. Practice what you preach around company values instead of a plastic mission statement and set of values.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 3 people found this helpful

    Great company with lots of opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Assistant in Atlanta, GA
    Current Employee - Insurance Assistant in Atlanta, GA

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

    Pros

    Marsh has established itself as a powerhouse in the marketplace. People recognize that and they can use that leverage to their benefit. The culture and company values are great. The company really cares about their people, and it is always priority number one. Leadership is the best in the business, and they are always looking to better the company, their employees, and grow. There is also lots of potential to move laterally into many different sectors of the company if you do your due diligence.

    Cons

    If you are in an entry-level position, the compensation and time off are not ideal. However, you know what you are getting into. It takes a little longer than expected to move into a promotion or another role in the company. Everything at this company takes awhile to gain movement, as in they are slow to make decisions.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 5 people found this helpful

    Morale taking a nose dive, no one seems to care.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Vice President in Irvine, CA
    Current Employee - Senior Vice President in Irvine, CA

    I have been working at Marsh & McLennan Companies full-time

    Pros

    Sharp Colleagues
    Great Clients
    Resource specialists
    Unique and engaging projects

    Cons

    Work life balance is a joke - consultants often on road 75% of time
    Lots of quality staff leaving
    Dated technology
    Arrogant senior leadership
    Poor or zero raises past 6 years
    Last year have seen a palpable shift from management whereby share price outweighs employee morale/satisfaction/burnout

    Advice to ManagementAdvice

    You are overlooking the contributions of your client facing staff for the sake of analytics.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11. Not good, not bad

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

    I have been working at Marsh & McLennan Companies

    Pros

    Mercer employees are very smart and motivated

    Cons

    There is no work life balance.

    Advice to ManagementAdvice

    Turn over is very high - take that seriously.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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