Marsh & McLennan Companies Reviews

Updated August 28, 2014
Updated August 28, 2014
300 Reviews

3.2
300 Reviews
Rating Trends

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

Review Highlights

Pros
  • Great Benefits, Work life balance depending on the department, name brand recognition (in 26 reviews)

  • Good benefits and paid time off is generous (in 17 reviews)


Cons
  • Noone is recognized except top producers ands senior management (in 13 reviews)

  • long hours and not the best management structure in place (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Informative

    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

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

    Pros

    Great place to work, wonderful people

    Cons

    Not to many options for career growth

  2.  

    Great pace to work.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Marsh & McLennan Companies full-time

    Pros

    Great people nice company to work for.

    Cons

    growth would be better for the staff.

    Advice to ManagementAdvice

    N/A

  3.  

    VERY GOOD PLACE TO GO

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

    I have been working at Marsh & McLennan Companies as an intern for less than a year

    Pros

    Great place to learn related experience fast

    Cons

    Professional training! Realize your personal value here!

  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Very stressful

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

    I have been working at Marsh & McLennan Companies full-time for more than 5 years

    Pros

    Large company with great benefits. The holiday schedule is great. The amount of vacation, sick and floating holidays is great.

    Cons

    Management stinks. Working for a large company leaves some of us falling through the cracks.
    The company advocates transparency but there are things going on the department I work in that if higher ups were to find out they would probably blow a gasket.

    Advice to ManagementAdvice

    Pay more attention to who you hire and what they bring to the table. If all they bring is drama and problems perhaps you shouldn't hire them. Someone with some college or a college degree should only be considered for this job.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    Old school thought process

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Benefit Administrative  in  Urbandale, IA
    Former Employee - Benefit Administrative in Urbandale, IA

    I worked at Marsh & McLennan Companies full-time for more than 3 years

    Pros

    Not many, they are not willing to change or listen to new ideas.

    Cons

    No raises
    Lack of communication and follow through
    Can't keep their clients as they do not wish to improve their methods

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Corporate Benefits Department - Avoid like the plague

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

    I worked at Marsh & McLennan Companies full-time for more than 5 years

    Pros

    One can gain valuable work experience in a very tall organisational structure. High volume of data and work to do.
    Great for actuaries, accountants and math nerds.

    Cons

    This was the worst place that I have ever worked. It has an astronomically high Power Distance Ratio.
    In the Benefits Dept., workers get to see the 4-figure bonuses executives make (over 100k salary), whereas non-exempt employees basically got zilch. Middle management was very very derisive towards 'inferiors'. Employees had feuds lasting for years and refused to speak to one another outside of required interaction/meetings. Lower- echelon workers were expected to be slaves. I even heard a well-paid attorney say in front of the VP of benefit's administrative assistant: ".... your grossly underpaid assistant." And the evp said nothing. It made me want to wretch. There was much strife, so much, in fact that they brought in an external consultant to help sort out the lack of 'esprit de coeur'. As other reviews have stated, drawbacks include an entrenched 'old boys' club', no opportunity to put your hand to diverse tasks, extremely uneven compensation. Working there you are just a number. No professional development.

    Advice to ManagementAdvice

    Consider how efficient daily operations would be without the 'little people' you so thoroughly scorn.

    No opinion of CEO
  8.  

    Worst job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Data Analyst  in  Urbandale, IA
    Former Employee - Data Analyst in Urbandale, IA

    I worked at Marsh & McLennan Companies full-time for more than 5 years

    Pros

    Nothing was good, except compensating time when working oncall

    Cons

    Horrible hours, worked you like a slave driver, niche jobs (no moving up from within) and bad pay

    Advice to ManagementAdvice

    Could have had better compensations/pay and lay off the fear based management

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Worst job I ever had

    Former Employee - Service Specialist II  in  Urbandale, IA
    Former Employee - Service Specialist II in Urbandale, IA

    I worked at Marsh & McLennan Companies full-time for more than a year

    Pros

    There are no positive things to say about working here!

    Cons

    No raises, focused more on rewarding management than those actually doing the work

    Advice to ManagementAdvice

    You need to realize who is actually doing the work and stop rewarding those who aren't!

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  10. 4 people found this helpful  

    Great people! Workload issues. Clearly value external over internal candidates

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

    I worked at Marsh & McLennan Companies full-time for more than 5 years

    Pros

    Great benefits, awesome health plan, smart, fun co-workers, many opportunities to learn subject matter very well

    Cons

    Value external candidates over internal candidates, everyone is overworked and stressed, you can only get the salary for your peer-group if you threaten to leave, poor performers are not fired, just starved out.

    Advice to ManagementAdvice

    Stop trying to 100% de-risk your business. It sends a message to clients that you aren't willing to stand by your work and puts you in a vulnerable position. Clients will start to think "Gee, if I am constantly being told I have to check my broker's work, why shouldn't an online quote service do this same thing?? I thought I was paying for expertise??"

    Stop burning out your best people, they are the product you are selling.

    Give some actual power to give promotions, make compensation decisions, and fire people etc. to office heads, zone leaders, or even managers. Its very clear their hands are 100% tied to do right by their best people.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Fantastic Employer, with great colleagues

    • 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 for more than 10 years

    Pros

    Great Colleagues. The benefits are amazing and the leadership is the best in the industry. The company is worldwide and has more of a partnership philosophy. The colleagues in my office have an average of 25 years experience in the industry and take pride in their job. The knowledge among the colleagues and teams are a huge asset and a great resource.

    Cons

    The challenges are the company is large and there a several processes to work through get a simple task completed. This in result makes it very difficult to manage a task or project in a timely manner.

    Advice to ManagementAdvice

    Listen to those who are out there actually working with the clients. Those individuals know what the clients want and how they want the services delivered.

    Recommends
    Neutral Outlook
    Approves of CEO

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