Marsh & McLennan Companies Reviews | Glassdoor

Marsh & McLennan Companies Reviews

Updated May 8, 2017
96 reviews

Filter

Filter


96 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
  • Work life balance did not seem to work (in 17 reviews)

  • Long hours and very high demand and expectations (in 12 reviews)

More Pros and Cons

  1. "Decent Entry Level Job"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Analyst in Boston, MA
    Current Employee - Risk Analyst in Boston, MA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    8-5 hours
    Non - competitive atmosphere
    friedliness of employees
    the dealines that need to be met are not firm
    the facilities

    Cons

    separation from senior management
    the pay is not increased for performance or tenure
    no career advancement
    working in an outdated industry

    Advice to Management

    provide more transparency to employees regarding pay structure
    be more approachable
    accept scheduling of meetings with new hires
    incease pay


  2. Helpful (1)

    "NA"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Hoboken, NJ
    Current Employee - Anonymous Employee in Hoboken, NJ
    Doesn't Recommend
    No opinion of CEO

    Pros

    * Pay is at par and better than industry although the AI is poor

    Cons

    * Not much opportunity to grow personally and professionally

    Advice to Management

    * To understand the importance of recognition, organizational culture and providing opportunity for growth, create a sense of belonging


  3. Helpful (2)

    "Keep Looking!!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Analyst in New York, NY
    Current Employee - Risk Analyst in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Vacation time is great, medical/dental/vision benefits are pretty good, ability to work from home when necessary, and expense account for rare occassions.

    Cons

    Marsh does not value young talent nor diversity. There are no diversity initiatives, little to know mentorship by senior level management. This is a company that runs on "who you know" and "familial ties". It's hard to get ahead based on the merit of your work. There is little to no incentive to continue to do a "great job". I would not suggest Marsh as a place to work; especially for entry level people.

    Advice to Management

    VALUE YOUNG TALENT, VALUE DIVERSITY, CREATE INCENTIVES TO RETAIN YOUR INVESTMENTS IN EMPLOYEES


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (2)

    "Not what it was"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Disapproves of CEO

    Pros

    Flexible hours, good coworkers in the trench.

    Cons

    Lot of people with feeling of entitlement for now particular good reason. Poor selection of managers based on broking ability instead of management ability.

    Advice to Management

    More reward to people without an MD title.


  6. Helpful (2)

    "Marsh is a Company with great systems and dedicated employees, but Management needs to look after talent."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    No opinion of CEO

    Pros

    Good systems and great staff with better internal organization than the other large broking houses. Everyone I worked with was committed to the success of the firm

    Cons

    Staff really are simply treated as a commodity. The days of 'Treat em mean and keep em keen' just don't wash anymore

    Advice to Management

    Start by looking after your staff. Don't just talk about it but DO IT. Marsh has the tools to be the best broker but unless it keeps its good staff, then it doesn't have a hope


  7. "If you want a paycheck......."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Urbandale, IA
    Current Employee - Customer Service Representative in Urbandale, IA
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good Benifits, time off is great.

    Cons

    If you enjoy being rewarded for performance with paper certificates and once in a blue moon a $5.00 gas card then this might be a place for you. Raises are far and few inbetween, even for the best of performers. Salaries are very low and stay that way. Everyone is expendable so if you do not peform satisfactory, you are gone, cause they can replace you with another robot. Basically there is no where go and is basically a place to collect a minimal check.

    Advice to Management

    Take care of your talent, compensate them for their work and you will not have the turnover rate you have.


  8. ""If you're looking to collect a paycheck...""

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in New York, NY
    Former Employee - Senior Business Analyst in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    If you want to work 9-5, MMC offers a great work/life balance. If you're not that motivated and just want to collect a paycheck, MMC is the place to be.

    Cons

    There are so many people working there that no one knows what anyone else does. You can literally do practically nothing and no one will know. Completely unmotivating environment--- imagine "The Office"-- cubicles, non-descript design, bland, boring, completely stale but then again, it is insurance.

    Advice to Management

    Interact more with the employee population. No one even knows who Sr Management is because they sit on a separate floor and have almost no interaction with the company as a whole. It is pitiful. Get more involved in community based initiatives-- involve employees.


  9. Helpful (1)

    "If you want to be an insurance broker this is likely a decent start, but ..."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Risk Analyst in Los Angeles, CA
    Former Employee - Summer Risk Analyst in Los Angeles, CA
    Doesn't Recommend
    No opinion of CEO

    Pros

    Decent in Office management. Veteran industry members. Knowledgeable team members. Mostly Friendly people.

    Cons

    Favoritism on promotions is blatantly obvious. Training is weak. Morale is low. Benefits are by no means average. Employees work hard but rewards are not often obtained. Older employee animosity towards those in the undergraduate programs is voiced at times.

    Advice to Management

    As mentioned in other reviews I believed more needs to be done to retain top employees financially, to assist with the growth and management of the offices and company. Too many good minds leave because they are being vastly under compensated.


  10. Helpful (1)

    "Not the best company for minorities and working mothers!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    No opinion of CEO

    Pros

    It is the flagship company of MMC - the parent company. Aside from that, can't think of any other reason why I would want to work for the company. Some of the people that work there are nice, but it would be better if the company were more diversified and structured

    Cons

    The company is not very accepting of minorities, particularly blacks. The ration is something like 1:50. Very hard to find a lot of minorities in office positions. Also not very accepting or considerate of working mothers. You create your own career advancement. There is no structure surrounding that. The company o is also going through a lot of senior management changes and organizational changes. You have to be a fast learner and find your way around issues. A lot of help is not given to help you to understand how the company works. Very individualized, an every man for himself spirit exists there. You also have to know the right people to get promoted.

    Advice to Management

    Marsh needs to become a more diversified company and senior management needs to be more accommodating of working mothers. With the current structure, no allowance is made for working mothers. It is tough working at Marsh as a minority. The company is losing major talent and skill set as a result. Senior management also needs to learn to relate to minorities better.


  11. Helpful (1)

    "Don't stay there beyond 3 yrs"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    If you know the right people and fairly competent, you can go places in the company.

    Cons

    Hard work and appreciation for employees are definitely not a priority. Compensation is definitely not fair.

    Advice to Management

    Talk to junior employees when implementing changes that impact their work - it's easy to say these changes are effective when you don't implement them.


Showing 96 of 552 reviews
Reset Filters