Marsh & McLennan Companies 503 Reviews | Glassdoor

Marsh & McLennan Companies Reviews

Updated February 24, 2017
503 reviews

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503 Employee Reviews

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Pros
Cons
  • Work life balance did not seem to work (in 18 reviews)

  • long hours during close, no flexibility with WFH (in 12 reviews)

More Pros and Cons

  1. Helpful (1)

    "Constant shift in management and unreasonable sales goal"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend

    I worked at Marsh & McLennan Companies full-time (More than a year)

    Pros

    Great benefits, good PTOs, lots of company discounts.

    Cons

    Constant change of department direction, management, cannot retain good employees, terrible exit interview approach. Performance review largely based on sales goal % on an account management position.

    Advice to Management

    Should evaluate staff's performance based on the individual's work load and performance, not the overall office production and/or the entire Marsh USA sales production. Employees do not feel they are being valued.


  2. "Not Employee Friendly"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    It is very difficult to get fired
    As long as you do your job you will have a job
    Some people can be very helpful and nice if you can find them
    Quiet people need not apply

    Cons

    Management focused
    Male dominated
    Who you know and how much they like you gets you promoted no matter how much you screw up
    Visibility to management is everything
    If you smoosz you move up
    Good ole boys Club


  3. Helpful (2)

    "Serious need for senior managment overhaul and implementation of basic organisational management"

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

    Pros

    Decent benefits comparable with market place.

    Cons

    Very political environment
    Senior mgmt in region is incompetent
    Finger pointing is the name of the game although at the surface people try to be nice, but there is a lot of back stabbing and layig of blames. The buck does not stop at who's accountable as they would like to sell
    Zero transparency mgmt style
    Do not believe in staff and staff development and retention.Prefers to look outside rather then develop internally
    Very underhanded in managing people
    Fire fighting mode at all times because managment is very shortsighted in what needs to be done to resolve issues in the long term.
    Senior mgmt expects to know everytime u sneeze. Micro mgmt and Mgmt likes to mangage all the way down to the lowest level resulting in constant firefighting or daily incidents, but conveniently ignore the larger picture for long term sustainability
    All lot of talk, but dont believe them cos they chage everyday
    The IT organisation needs to deperate overhaul of its senior mgmt if they ever want to be successful

    Advice to Management

    Do not micro manage
    Tackle to bigger and strategic issues for long term sustainability
    Develop your people
    Trust your people
    Plan


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  5. "Marsh"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President
    Former Employee - Vice President
    Doesn't Recommend
    Disapproves of CEO

    Pros

    A large firm with decent benefits

    Cons

    Very male dominated and very anti-women

    Advice to Management

    change the Good Ole boy attitude


  6. "AVP - Financial Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President
    Current Employee - Assistant Vice President
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Marsh & McLennan Companies full-time (More than 3 years)

    Pros

    Flexible schedules, can decorate your 4 x 5 cube however you like!

    Cons

    The pay is dismal - approximately 65% of the going market rate for all positions. CEO is only interested in EPS - no interest in employees. All jobs are currently frozen - no hiring at all. Awful outlook.

    Advice to Management

    If you want performance, you have to pay. Times have changed - pay at all other companies is increasing. MMC is known for their lack of compensation - and you will not get any applicants as more employees leave.


  7. Helpful (11)

    "MGTI : Milton Keynes - A Fear based environment & perception based actions/reactions"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - FLA At MGTI in Milton Keynes, England (UK)
    Current Employee - FLA At MGTI in Milton Keynes, England (UK)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Marsh & McLennan Companies full-time (More than 3 years)

    Pros

    I'm only speaking of the IT Dept MGTI based in Milton Keynes : This is a really huge company, that DOES have a large number of vacancies, and at times has some really great things to offer any employee. To gain extremely recognizable Corporate experience... this is a good place to be.

    Cons

    I'm only speaking of the IT Dept MGTI based in Milton Keynes : The environment is fear based. It's very questioning and demanding of answers when things go wrong, with very little being learned from this.

    A large number of workplace decisions are based on perception. Rarely do people ask questions about that perception, to make sure, there is actual fact. But, this isn't even something that's hidden... Some managers seem proud of this. Frequently in my early days I was told by my management team "perception is everything"...

    There is a significant case of "old boys club" going on here. You can not be fantastic at the real meat and gravy of your role, so long as you remember two things... The rule about perception, and being on great terms with certain members of management.

    Advice to Management

    Perception IS an excellent tool, but only to decide what questions to ask. It shouldn't be used to judge people, or make decisions.


  8. Helpful (3)

    "Good in the beginning, awful after "so called" transformation"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Recruiter
    Current Employee - Recruiter
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Marsh & McLennan Companies full-time (More than 3 years)

    Pros

    In major markets, it is good to have this company on your resume. In smaller markets, companies don't know who we are.

    Cons

    Outsourcing many functions to India or moving functions to cheaper parts of the country. This only saves money up front but the loss of knowledge and good talent is more expensive. They need to quit letting people with knowledge leave only to hire replacements that do not know what they are doing. Specifically to Recruiting, managers need to quit accusing and blaming people with false and inaccurate information. If you are looking to Recruit, this is not good environment to work in presently. Heavily overworked and understaffed employees. There is no real advancement for anyone in Recruiting.


  9. Helpful (2)

    "Grind factory"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Norwich, England (UK)
    Former Employee - Senior Vice President in Norwich, England (UK)
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Few and far between except they know how to look after their shareholders

    Cons

    Give you Mimas support and salary. No care for stuff use them up spit them out get another one in. Very demanding and expect more than their pound of flesh

    Advice to Management

    Care for your staff


  10. "Be careful before joining the CSS"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Certificate Specialist in Toronto, ON (Canada)
    Current Employee - Certificate Specialist in Toronto, ON (Canada)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Work from home available at times

    Cons

    Insanely busy
    Low salary
    Management has unrealistic expectations
    Top down decisions that don't benefit the clients
    High turn over
    No incentive for hard work
    Office politics
    Management prevents internal transfers to other departments
    Pressure to work overtime

    Advice to Management

    Listen to your staff, they're unhappy


  11. "..."

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

    Pros

    Well known throughout the insurance industry and working with many large important companies. Work employees hard and gives us a good work ethic. Great comradely amoung employees with each other and has a great support network.

    Cons

    Marsh has not made a profit in years. The new Marsh CEO is set to start another round of employment cuts (as he recently mentioned he knows exactly what the profit margin is going to be in 2010 and the only way to get there is an Increase in Revenue or a Cut in "Expenses")...already cut our tuition program significantly!

    Advice to Management

    Cut fat at the top, as 3% raises cant go on forever...



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