Marsh & McLennan Companies - NO RAISES AT THIS COMPANY FOR YEARS. Very little upward mobility. Low employee morale. | Glassdoor
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There are newer employer reviews for Marsh & McLennan Companies

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Helpful (9)

"NO RAISES AT THIS COMPANY FOR YEARS. Very little upward mobility. Low employee morale."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in New York, NY
Current Employee - Anonymous Employee in New York, NY
Doesn't Recommend
Neutral Outlook
No opinion of CEO

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

Pros

Good work/life balance. Decent benefits. Good office location.

Cons

This company fails to tell you when they hire you that they have "frozen" raises for the past 5 years. They mislead you by saying that annual raises are given, when that is not the case. Nobody except for senior management gets a raise at this company, and they are handsomely paid. The company's excuse is the economic situation yet the company is doing very well financially. Upward mobility is hard to achieve, and you need to be extremely political and internally connected in order to move up. This company remains an old boys club and the few women that do get to senior leadership positions are even worse then the men. Employee morale is extremely low. Everyone is exasperated about the "raise freeze" and the apparent hiring freeze on much-needed administrative assistants.

Advice to Management

Give your employees raises and make them feel valued rather than disposable. Put people who actually know how to "manage" in managerial positions.

Other Employee Reviews for Marsh & McLennan Companies

  1. "Client Rep"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Representative in Los Angeles, CA
    Former Employee - Client Representative in Los Angeles, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Easy going, exposer to different industries, good for people person

    Cons

    Can be boring at times. Unchallenging.


  2. "Intense learning experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Marsh & McLennan Companies full-time

    Pros

    Ability to learn quickly and also move up the ladder quickly by putting in the right effort and attitude.

    Cons

    Compensation did not match effort, atleast during initial years, and probably only for the country I worked in.

    Advice to Management

    Aim for consistency of policies, procedures and work style across all branches.

There are newer employer reviews for Marsh & McLennan Companies
There are newer employer reviews for Marsh & McLennan Companies

See Most Recent

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