Marsh & McLennan Companies Reviews

Updated April 17, 2015
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3.2
337 Reviews
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Marsh & McLennan Companies CEO Daniel S. Glaser
Daniel S. Glaser
1 Rating

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

Sort: Popular Rating Date
  1. Great corporation and people

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

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

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    All of the people were professional and driven to give the best service to their clients. The benefits were very good at the time and I would welcome an opportunity to work there again.

    Cons

    Sometimes I do not enjoy the corporate "games" with competing offices and direction. Also, I traveled a great deal and although stayed at the best hotels, missed my family.

    Advice to Management

    Keep in touch with employees and their families. Working hard is a given when working for the top brokerage in the U.S.. Staying flexible for family life is imperative. Keep happy!

  2. Great company to work for! They work you hard but the people you work with make it worthwhile they strive for success

    • 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

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

    Pros

    Pay, Benefits, People, Corporate Social Responsibility, Diverse

    Cons

    Long Hours, Old School

  3. Helpful (2)

    Survival of the Fittest and the Lucky

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Associate in Pittsburgh, PA
    Current Employee - Senior Associate in Pittsburgh, PA

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

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

    Pros

    - Knowledgeable colleagues who know their stuff
    - Many opportunities to grow skills/learn
    - Challenging and varied assignments
    - Flexible working environment and often the ability to work remotely.
    -They have treated me well enough over the years that I have lasted 13 years so far.

    Cons

    - Luck of draw effect...some of the Pros depend on where you end up and who you work for
    - Workload can sometimes be overwhelming
    - Some of those knowledgeable colleagues are kind of hard to work for.
    - Performance Ratings system is a joke...rigged game designed to reward a select few.
    - If you're an expert and you deliver great work, it doesn't matter, you're still a second class citizen compared to the colleague that made sales.
    -Company is run by bean counters who panic on a monthly basis about financials and demand billable hours forecasts from all Associates.
    -Career growth is difficult if you don't want to sell. Many people make it to Principal and then turtle up....doing the minimum to make their sales and revenue targets
    - 13 years here, but the trend to me seems generally negative. Salary, benefits, Bonus, and continued career growth, all seem uncertain

    Advice to Management

    Value the work first. Invest in the best people doing the best work and the clients will come

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  5. 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

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

    Pros

    allows you to follow your own initiative

    Cons

    can be slow for approvals

    Advice to Management

    work to maintain existing employees

  6. Helpful (1)

    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)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    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 Management

    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.

  7. 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)

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

    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 Management

    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.

  8. 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)

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

    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 Management

    More focus on the emerging markets

  9. Helpful (2)

    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

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

    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 Management

    Valued employee's will produce shareholder value.

  10. 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

  11. Helpful (5)

    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)

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

    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 Management

    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.

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