Mercer

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Mercer Reviews in New York City, NY

Updated Jul 15, 2014
All Employees Current Employees Only

3.0 62 reviews

86% Approve of the CEO

Mercer President & CEO Julio A. Portalatin

Julio A. Portalatin

(14 ratings)

51% of employees recommend this company to a friend

Review Highlights

Pros
  • Work/life balance and the best benefits ever, as well as an awesome incentive program(in 63 reviews)

  • The ability to work from home when needed is a nice perq(in 16 reviews)


Cons
  • Period of heavy workloads / high opporunity can be a challenging for work/life balance(in 42 reviews)

  • Could benefit from a Senior Management overhaul and restructure(in 33 reviews)

64 Employee Reviews Back to all reviews
Relevance Date Rating
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    good experience

    Anonymous Employee (Current Employee) New York, NY

    Prossmart people, focused on improving the firm

    Conschallenging politics, sometimes competing priorities

    Yes, I would recommend this company to a friend

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    All about selling products, not about meeting clients' or employees' needs.

    Senior Consultant (Former Employee) New York, NY

    ProsName is well-respected in the industry for quantitative analysis and services, so a decent resume addition.

    ConsVERY little sense of camaraderie or cohesiveness in work groups, lots of political in-fighting, few impressive or inspiring leaders. This is an organization that somehow succeeds in spite of itself, not because of inherent strengths.

    Advice to Senior ManagementStop focusing exclusively on Rates of Return and start identifying and understanding your clients' and employees' real needs and you'll actually see improved financial results. And please put different types of people in leadership positions - those who are personally and professionally well-rounded with a true interest in people (vs. processes), and who are highly regarded by clients, not simply well-connected inside Mercer.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Great people, great global opportunities, short on pay

    Senior Associate (Current Employee) New York, NY

    ProsGreat people, flexible work hours, global footprint with real opportunities for mobility, interesting work

    ConsPay is only so so

    Advice to Senior ManagementThere is no monetary incentive to go the extra mile to achieve goals at the more junior levels.

    Yes, I would recommend this company to a friend

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    • Culture & Values
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    1 person found this helpful  

    smart colleagues but an unrewarding place to work

    Senior Analyst (Current Employee) New York, NY

    Prossmart and passionate senior colleagues

    Conspathetic average increases, rewarding workplace

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

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    Long time here

    Associate (Current Employee) New York, NY

    ProsGeneral stability of the company and group; co-workers are generally enjoyable to work with; company is a leader in the industry

    ConsDifficulty in achieving promotions within the group vs. other lines of business; pay is below competitors

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

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    It was very good however you need to be very flexible since the maagement team is constantly making changes.

    Senior Associate -Corporate Reporting (Former Employee) Hoboken, NJ

    ProsManagement always stays on top of the industry trends which keeps them number one. Training is a top priority. The majority of training is available via the compay's intranet site which is very convenient.

    ConsConstantly changing environment makes it difficult to work at times. Very aggressive timelines are created without input from the team.

    Advice to Senior ManagementManagement teams need to discuss future initiatives with each other and then ask for input from their staff. This would assist in driving timelines which are achievable and reduces stress on the teams.

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

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    1 person found this helpful  

    First Job out of College

    Actuarial Associate (Current Employee) New York, NY

    ProsGreat work/life balance, lots of flexibility, global - ability to transfer offices all over the world

    ConsLower than market compensation, lacks career guidance

    Advice to Senior ManagementWork on retention, competitive compensation, and employee engagement

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    1 person found this helpful  

    Collaborative atmosphere, dedication to developing high performers

    Anonymous Employee (Current Employee) New York, NY

    ProsOpportunities to collaborate with smart people; atmosphere that fosters development of high performers; recent shift to pay for performance culture

    ConsLack of transparency re pay; more development of lower-performing staff needed

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

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    Overall Very positive. Great client base and the opportunity to work with very talented colleagues

    Anonymous Employee (Former Employee) New York, NY

    ProsGreat clients, great colleagues, used to have a very colleigal atmosphere that has been lost over the last few years

    ConsHas become incessantly obsessed with margins and profits. This is great for the shareholders and will produce great results for a couple of years. Longer term, Mercer's success will depend on being able to attract and motivate very talented professionals. Will be increasingly difficult with current leadership rife with bureaucracy, focus on sucking up to levels and more interested in keeping their jobs rather than developing their teams.

    Advice to Senior ManagementFocus on clients and developing the team that will lead the firm 5+ years from now.

    Yes, I would recommend this company to a friend

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    Culture at Mercer

    Consultant (Former Employee) New York, NY

    ProsMercer consultants are among the smartest and hard working people in the consulting industry. On the job training is intense and effective. The firm is trying to improve innovation. Benefits practice is strong and innovative. There is a focus on developing women leaders. Young professionals will find good development and networking opportunities.

    ConsThe performance and rewards system encourages sometimes results in internal competition between practices and among individual consultants. While on the job training is good, formal training and development is lacking. As a public company with scrutiny on profitability, there is a focus on short-term strategy at the expense long term investment.

    Yes, I would recommend this company to a friend

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