Marsh & McLennan Companies

  www.marsh.com
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Marsh & McLennan Companies Reviews

Updated Jul 8, 2014
All Employees Current Employees Only

3.1 290 reviews

67% Approve of the CEO

Marsh & McLennan Companies President & CEO Daniel S. Glaser

Daniel S. Glaser

(89 ratings)

54% of employees recommend this company to a friend

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)

290 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    4 people found this helpful  

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

    Insurance Broker (Former Employee)

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

    ConsValue 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 Senior ManagementStop 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.

    Yes, I would recommend this company to a friend

     

    It is a great company, but the department I work in needs to be evaluated for efficiency.

    Anonymous Employee (Current Employee)

    ProsLarge company who had withstood the down economy with very little layoffs.

    ConsLarge company that means you and your work doesn't get easily noticed.

    Advice to Senior ManagementListen to your employees.

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Fantastic Employer, with great colleagues

    Anonymous Employee (Current Employee)

    ProsGreat 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.

    ConsThe 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 Senior ManagementListen 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.

    Yes, I would recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great company, needs work

    Anonymous Employee (Former Employee)

    ProsSalary and Bonuses
    Benefits (although declining)
    Great culture

    ConsLack of leadership
    Dinosaur to make anything happen

    Advice to Senior ManagementNothing

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Very satisfied with my job, then it went offshore

    Anonymous (Current Employee)

    ProsGreat benefits, plenty of PTO, good salary (except raises) no micro management, great teamwork and nice office.

    ConsMy position was "eliminated". In reality it went to India. Job is paperless so the only thing the company was looking to do was save a few bucks in wages. A company with 14+ billion revenue would rather have cheap labor than keep good loyal employees. I have seen so many good employees laid off. I was hoping to retire from Marsh in a few years. Now I am looking for another job.

    Advice to Senior ManagementValue your employees for what they know and not how cheap they can be paid. The end result will be clients will go elsewhere costing the company more.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Career Opportunities
    • Approves of CEO

     

    Great company and great culture

    Anonymous Employee (Former Employee) Brooklyn Park, MN

    ProsIt is an environment where new ideas are encouraged and considered. They truly value their employees.

    ConsI had a manager that was tough to work for and had a bad reputation in the organization. However this is not the case with most everyone else.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

    1 person found this helpful  

    Worst Place ever

    Anonymous Employee (Former Employee)

    ProsThere are not any good reasons to work here.

    ConsUpper management sucks!!!! They pay millions in compensation packages to fired, ineffective CEO's when they could be passing that down to the people who actually do the work for the company.

    Advice to Senior ManagementGet your heads out of your $%^^% and realize who keeps your company running and quit padding the pockets of management who does NOTHING!!!!

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
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    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Awful

    Operations Analyst/Certificate Specialist (Current Employee) Austin, TX

    ProsBenefits, benefits, benefits, benefits, benefits

    ConsOverworked and way under paid

    Advice to Senior ManagementShow appreciation to employees who constantly go above and beyond and help retain accounts

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    2 people found this helpful  

    Former Employee of 17 yrs.

    Senior Client Representative (Former Employee)

    ProsAccess to high profile Fortune 100 clients. Great co-workers with wide range of experience. Good benefits and paid time off is generous.

    ConsOutsourcing duties such as Accounts Payable to INDIA. Constant changes to software. Trying to produce an invoice and get it turned around within a day is almost impossible. Too much red tape! Below average raises for mid-tier employees. Communication from top to bottom is poor.

    Advice to Senior ManagementStop re-inventing systems Mdoc's etc...every 3-4 yrs. A new platfort/system will roll out but still has kinks that need to be fixed and little support to fix it in a timely fashion. Bring back jobs to the US so that when you do need to speak to someone in accounts payable that you can understand their English. Reward those employees that go above and beyond (more then a 3% raise!).

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Don't stay here!

    Vice President (Former Employee) New York, NY

    ProsMet plenty of hardworking, decent people. Unfortunately, they are not appreciated.

    ConsUnhappy place to work. Mobbing and bullying is rampant.

    Advice to Senior ManagementTreat your employees with respect and show your appreciation once in a while. Overhaul management.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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