Marsh & McLennan Companies Reviews

Updated June 30, 2015
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3.1
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Approve of CEO
Marsh & McLennan Companies CEO Daniel S. Glaser
Daniel S. Glaser
6 Ratings

Pros
  • Fantastic benefits and a great work-life balance (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)

  • And forget about the work/life balance - it didn't exist (in 5 reviews)

More Pros and Cons

340 Employee Reviews

Sort: Popular Rating Date
  1. Director

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

    I worked at Marsh & McLennan Companies

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    MMC is truly a wonderful company to work for - a majority of the employees truly work for the best of the company.

    Cons

    Too many layers of management which makes decision-making a long and unnecessary process; micro-management from certain executives.

    Advice to Management

    Consolidate the layers of management - make the decision-making process less cumbersome and tedious.


  2. It

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

    I have been working at Marsh & McLennan Companies (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great benefits package, ability to work from home

    Cons

    Corporate cost-cutting everywhere means people work in silos, raises are little to non-existent, annual review process is pointless and not timely, there's no push to promote and train people, company wastes money left and right

    Advice to Management

    Take care of your people better


  3. Great Benefits; Very Efficient, Hard-Working Team!

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Outstanding benefits with leaders that truly care about the team, our clients, and go the extra mile to ensure we ALWAYS deliver quality! I know I have been blessed to be working for MMC!

    Cons

    I feel we have an opportunity to move towards the 21st century more regarding flexibility and enabling more roles to be mobile / work from home.

    Advice to Management

    Continue celebrating your colleagues and the phenomenal (internal & external) things they do every day!


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  5. Helpful (1)

    Excellent Company needs to focus on advancement of good employees

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    MMC offers competitive salaries and benefits. The leadership is understanding the ever-changing landscape of Talent Acquisition. They have been able to pivot and understand that the "old way" of recruiting has to change to adhere to the expectations of our Millennial Generation.

    Cons

    Very low ceiling for advancement within the organization. Definitely a who you know or who likes you type of promotion process.

    Advice to Management

    Better explanation on career path and the way to get to where you wnat to be as a colleague. Support those that want to grow and advance.


  6. Senior Executive Assistant / C-Suite

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

    I worked at Marsh & McLennan Companies full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent benefits, real camaraderie among colleagues.

    Cons

    No cons, super corporation that rewards hard work.


  7. Helpful (1)

    Work

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

    I worked at Marsh & McLennan Companies

    Recommends
    Recommends

    Pros

    Interesting, creative, room to grow, lots of work, community based, and lots of work.

    Cons

    Lots of work, lots of work, recognition not always there, lost in shuffle, favors external sales roles.


  8. Helpful (2)

    Good firm to understand insurance industry and build relationships

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Only pertaining to Marsh not the entire firm (Guy Carp, Mercer, OW) Tech-wise and innovation... Marsh is leading the pack in the insurance industry and the top broker firms. Great support and open to intrapreneurship. A lot of folks in the industry came from or started out at Marsh. Great place to build relationships as they have a great reputation in the industry.

    Cons

    As usual, if you're coming from a large corporation especially in the same or similiar industry you will probably find the same cast of characters. There are politics involved but not so much that you drown in it. As with other big corps, things move at a snails pace.

    Advice to Management

    Be more involved and set a tone. Middle management always follow the lead of their leadership and if the leadership is aloof or unsupportive it creates paranoia and uncertainty in people. This is very frustrating to see and affects the job performance of everyone going down the line.


  9. IT Manager

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

    I worked at Marsh & McLennan Companies

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

    Pros

    Good benefits and decent pay

    Cons

    MGTI management style is demand and control.does not empower team members. Slow to new innovations and technology.


  10. Associate

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

    I worked at Marsh & McLennan Companies full-time

    Pros

    Great people, very collaborative environment

    Cons

    Limited promotional opportunities, management stresses lateral, not upward, promotions, antiquated tech infrastructure


  11. Excellent Work Environment

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

    I worked at Marsh & McLennan Companies full-time

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great people, comprehensive benefits package, pension plan, decent vacation and personal days allowance, nice cafeteria

    Cons

    Senior management in the group was very overpaid for their skill level and ability to manage. Luckily, most of the dead weight in the upper ranks was let go shortly after I left. I hear positive things from colleagues who are still there.

    Advice to Management

    HR at the company needs to be way more progressive. I would advise doing more benchmarking with HR departments in top companies and implementing best practices.



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