Marsh & McLennan Companies

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Marsh & McLennan Companies Reviews

Updated Jul 22, 2014
All Employees Current Employees Only

3.1 291 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)

More Highlights
291 Employee Reviews
in
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    No growth opportunties and moral is low

    Client Representative II (Current Employee) Phoenix, AZ

    ProsTo get the basis fundamentals of insurance and risk managment.

    ConsMoral is low, upper management cuts expenses (ie cheaper office supplies, holiday potlucks) but the higher level positions are still allowed to spend enormous amounts of money for traveling. People are promoted not based on merit or hard work but instead of how connected you are in the company. Too many politics and egos that trickles down to the cr's who are left with all the work.

    Advice to Senior ManagementI would say hire more innovative fresh minds that challenge the normal functions.

    No, I would not recommend this company to a friend

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

     

    Mediocre place to work

    Client Sales (Current Employee) Dearborn, MI

    ProsThey very have excellent benefits.

    ConsThere is no career growth or room for advancement. People are not promoted based on ability and competency

    Advice to Senior ManagementListen to employees more.

    No, I would not recommend this company to a friend

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

     

    Data Administrator

    Anonymous Employee (Current Employee)

    Pros- Working with immedatiate team members is positive
    - Great flexibility with vacation - except for month end
    -Christmas gatherings

    Cons- Very little room for growth for employees at the lower end of the scale.
    - HUGE communication gap among colleagues.
    - Some employees tend to pawn off the work onto other colleagues and fear change and do not embrace new business processes. Senior veterans who have been with the company for ages cannot think outside the box and thus tend to like a lot of hand holding.

    Advice to Senior Management-Give credit where credit is due. The company boasts about further learning and career development but management needs to reinforce this and look out for every employee under their wing. This should not be limited to individuals with senior roles.
    -Improve communication within deparments and make sure the message conveyed is uniform.
    -Consider revising the compensation matrix for all departments. Upper management tend to get bigger pay increases and bonuses, while the reamining employees get a 1% raise. In today's economy, the base salary for junior roles are well under the poverty line which is unfair. Take home pay amounts to nothing.
    - Look past the politics and power trip. Employees need to get the work done right to make the environment a good workplace for everyone.

    No, I would not recommend this company to a friend

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

    1 person found this helpful  

    Great out of school experience but horrible pay

    Anonymous Employee (Former Employee) Atlanta, GA

    ProsComplex work experience with large fortune 100 clients

    ConsPay and performance metric controllability

    Advice to Senior ManagementUse a true balance scorecard approach that is actually tied to performance level of the employee and adjust pay when they are successful.

    No, I would not recommend this company to a friend

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

     

    Horrible, not at all what i sold during the interview process.

    Supervisor (Former Employee) Urbandale, IA

    ProsCorporate Structure
    On Site Cafe
    Broad locations worldwide

    ConsPay/Rewards
    Politics - For success you must join in with the fake management onboard. I refused to play on the team.
    Too much red tape, very management heavy. It takes 5 weeks to get anything done
    Lots of waste- management, processes, system
    Systems and programs are from 1990 or earlier

    Advice to Senior ManagementMaybe work to remove some of the inefficient management from the top and things will shift in the right direction.
    Invest in your technology, 1990 systems should be long gone if you want to become an winning organization.

    No, I would not recommend this company to a friend

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

     

    Relentless pressure in a company that cannot comprehend that Europe is made up of more than one country

    Vice President (Current Employee)

    ProsSenior roles get a good bonus and a reasonable salary - but they get their pound of flesh

    ConsTotally relentless hard work - if you're in IT
    Globalisation is talked about a lot but it is a one way process from these to the rest of the world. No other opinions count.

    Advice to Senior ManagementWalk the talk with work life balance. - it doesn't exist!
    Stop working your staff into the ground.

    No, I would not 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  

    A great place to work so long as you sell, but don't expect a lot of support developing other skills.

    Anonymous Employee (Former Employee) Boston, MA

    ProsUpbeat, professional environment. Leadership tends to let middle management run the show. Charitable focus. Competitive salary.

    ConsSenior management can lose focus, allowing for some bad decisions to be made at the operational level. Commitment to employees, teamwork and winning seems to have been lost within MMA.

    Advice to Senior ManagementGet back to doing the things that worked in the past. Such as incenting employees at all levels, encouraging employees and teamwork, and guiding middle management.

    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
    • Disapproves of CEO

    6 people found this helpful  

    Its a paycheck

    Anonymous Employee (Current Employee)

    ProsCompany has a good reputation in the industry. Global platform. Its a paycheck. Not micromanaged.

    ConsToo much beaurocracy. New York has to approve everything. Too many managers, too many people with titles. Compensation is awful, raises and bonuses almost unheard of except for producers and top management.

    Cliquish, cant get ahead if you are not part of the in crowd. Entire departments outsourced to India, no job security at all. Anyone can get let go any day of the week.

    Employees are treated as expendable and are not valued. Turnover seems to be high, probably because of compensation. Noone is recognized except top producers ands senior management.

    Middle managers cannot get anything done without levels of approval above them. They also seem so worried about their own jobs, they are afraid to speak up or take initiative.

    HR appears to be a ghost department. One has no idea who to call or if there is anyone to call.

    Terrible inefficiencies in invoiving and accounting. Embarrasing to call clients asking for payment when they have already paid and accounting cant find their money.

    Company seems more interested in pouring money into marketing and technology initiatives than retaining talented employees.

    You cannot ever telecommute. If you have an appointment, you have to take the whole day off.

    Advice to Senior ManagementA little value of employees goes a long way in morale and productivity. Stop the rah rah meetings until you can compensate people that are actually doing the work to make it a profitable company.

    No, I would not recommend this company to a friend

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

    2 people found this helpful  

    Former PCS Employee

    Client Advisor (Former Employee) Los Angeles, CA

    ProsMarsh employees are the best trained employees in the industry.

    ConsLocal management seems to think they are above it all. They get away with treating hard working dedicated employees like dirt and even if employees file a complaint nothing is done about it by HR. And to add insult to injury those same managers get promoted and hard working valued employees get layed off.

    Advice to Senior ManagementMake sure HR is documenting the employee complaints and pay attention, geez what does it take?

    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

    1 person found this helpful  

    Focus of What's Important at Marsh PCS Changes with Leadership Every Other Year - Hire This Year - Fire the Next Year!

    Vice President (Current Employee) Richmond, VA

    ProsBenefits are Good, Tolerance of Diversity in the Workplace is a Plus for Those Who Need it; PTO is Excellent.

    ConsPCS is only about sales goals and making them at any and all costs these days; Zone Leaders reduced from 5 who knew their areas down to 2 who are under so much pressure to perform for a CEO from a prior position at an auto parts business of all things! It's insulting!

    Advice to Senior ManagementPut someone in charge at the top who knows what a high net worth client is truly looking for - not someone who just wants to put $100M in new business on the books at all costs. The true costs will be losing your top management people.

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

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