Marsh & McLennan Companies Reviews

Updated April 25, 2015
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  1. Tax Attorney

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Marsh & McLennan Companies full-time (More than 3 years)

    Pros

    This company is a great place to work. Fantastic benefits and a great work-life balance. Smart people and not too political. Tons of vacation time and separate sick days makes it very accommodating. Subsidized cafeteria makes lunch cheap, and in-building gym is super convenient. Super stable environment and company. Great for someone not looking for a crazy lifestyle.

    Cons

    I didn't find any cons, except for the slow pace - at times it can be inert. Bonuses didn't increase, nor did salaries.

    Advice to Management

    Help create more projects for everyone to keep people busy. Give them real goals. And deadlines. Create more cross-department interaction and training programs - anything to bring more visibility between departments.

  2. Helpful (1)

    Great out of school experience but horrible pay

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

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

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

    Pros

    Complex work experience with large fortune 100 clients

    Cons

    Pay and performance metric controllability

    Advice to Management

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

  3. Helpful (2)

    Employees are asked to do more and more, for the same salary.

    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

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

    Pros

    Good benefits and working hours

    Cons

    Work overload, too much to do, not enough time

    Advice to Management

    Remember those who perform the "grunt work"

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  5. Helpful (2)

    Do not value their employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Processing Specialist in Las Vegas, NV
    Former Employee - Processing Specialist in Las Vegas, NV

    I worked at Marsh & McLennan Companies full-time (More than 3 years)

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

    Pros

    The starting pay for individuals without any experience in a brokerage firm is competitive.

    Cons

    They DO NOT offer annual raises or cost of living adjustments, despite what they say in the interview process. It is extremely difficult to advance and they, again despite what they claim, DO NOT value education or pay more for higher education.

    Advice to Management

    This company needs to unite. There is a "us versus them" attitude between the client advisers (sales) and the operations community. The sales side receives bonuses, raises, and a higher base pay, whereas the operations side is told that they are lucky to have a position and do not merit additional pay.

  6. sd

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Marsh & McLennan Companies

    Pros

    Great folks and culture f

    Cons

    Not very exciting environment n

  7. its ok, not the worst job in the world

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Local Technology Coordinator in Saint Louis, MO
    Current Employee - Local Technology Coordinator in Saint Louis, MO

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

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

    Pros

    decent pay, nice boss, lots of PTO , ok benifits, pension plan

    Cons

    not exposed to enough new tech

  8. Be patient

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Placement Specialist in San Francisco, CA
    Current Employee - Placement Specialist in San Francisco, CA

    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

    Largest broker in the world. Segmented groups allow for greater focus and expertise. The majority of employees have positive attitudes and enjoy what they do. Numerous employees that left the firm have come back proving that the grass isn't always greener.

    Cons

    Corporate structure can be slow at times. Not necessarily a con, but you will need to be patient to see large pay increase.

  9. Helpful (1)

    Stable company with good opportunities for growth.

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

    I worked at Marsh & McLennan Companies full-time (More than 10 years)

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

    Pros

    Great leadership. The location and overall benefit package is great. Dan Glaser has done a great job of turning this company around.

    Cons

    The performance review process needs to be improved. Hard to determine how colleague progress is being measured. There needs to be more objectivity in evaluating performance.

    Advice to Management

    Some key leaders are out of touch.

  10. Salary Good, but too internally focused

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

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

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

    Pros

    Salary is good, local management is great, but corporate focus on internal processes and procedures makes client service a secondary goal, if that. Driven to automate to drive down costs and increase shareholder value.

    Cons

    Internal focus, lack of support, systems that do not work but employees are encouraged and rewarded for saying that they do. Spin machine in full use at all times.

    Advice to Management

    Get back to what Marsh was known for. Superior people, superior service, and work-life balance for colleagues.

  11. Helpful (1)

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

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

    I worked 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

    Corporate Structure
    On Site Cafe
    Broad locations worldwide

    Cons

    Pay/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 Management

    Maybe 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.

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