Marsh & McLennan Companies "senior management" Reviews | Glassdoor

Marsh & McLennan Companies Employee Reviews about "senior management"

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  1. "decent place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance Manager in Hoboken, NJ
    Former Employee - Finance Manager in Hoboken, NJ
    No opinion of CEO

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

    Pros

    good coworkers, decent technology, nice location

    Cons

    senior management always looking to cut costs, usually through laying off people. Always want people to work way more than should be expected.

    Advice to Management

    Stop paying yourself so much and pay attention to the people who make the company run.


  2. Helpful (1)

    "Revenue Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Revenue Accountant in London, England (UK)
    Current Employee - Revenue Accountant in London, England (UK)
    Positive Outlook
    Approves of CEO

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

    Pros

    Good team working and culture

    Cons

    Flat Hierarchy means not much in the way of promotional opportunities
    Not competitive pay and not able negotiate
    Changes are pushed through by senior management without considering the real impact so we are left to pick up the pieces

  3. "Marsh & McLennan London"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    No opinion of CEO

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

    Pros

    There's a lot of expertise within Marsh. If you have a question, someone in the organisation will have the answer. Senior management has integrity, and most colleagues are pleasant to work with.

    Cons

    Non-sales service roles are not valued either culturally or financially by senior management. There is a lot of inefficiency, manifesting in wasted time and money on exponential scales.

    Advice to Management

    Make client relationships sticker by focusing effectively on service as well as sales. Get rid of the dead weight in services so you can support the staff who are actually supporting you.


  4. Helpful (9)

    "Slow Downward Spiral"

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

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

    Pros

    Large corporate environment in need of TLC. Ripe with opportunity to implement best practices, if management will allow it.

    Cons

    Most of MGTI senior management are technically inept, and more concerned with maintaining a facade and shifting blame. Collaboration between teams is non-existent.

    Advice to Management

    Stop pushing away top performing colleagues. Micromanagement and 1.9% raises for top performers is not going to cut it.


  5. "Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in London, England (UK)
    Current Employee - Project Manager in London, England (UK)
    Recommends
    Positive Outlook

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

    Pros

    Great environment, a lot of young graduates.

    Cons

    Can often seem like your voice isn't heard by senior management. And can feel like another drop in the ocean.

    Advice to Management

    Encourage and respect new employees, driving them to grow.


  6. "Excellent Work Environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Generalist in New York, NY
    Former Employee - Human Resources Generalist in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Marsh & McLennan Companies full-time

    Pros

    Great people, comprehensive benefits package, pension plan, decent vacation and personal days allowance, nice cafeteria

    Cons

    Senior management in the group was very overpaid for their skill level and ability to manage. Luckily, most of the dead weight in the upper ranks was let go shortly after I left. I hear positive things from colleagues who are still there.

    Advice to Management

    HR at the company needs to be way more progressive. I would advise doing more benchmarking with HR departments in top companies and implementing best practices.


  7. Helpful (2)

    "Disappointing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Melbourne (Australia)
    Current Employee - Anonymous Employee in Melbourne (Australia)
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Work/life balance is good, at 5 o'clock everyone is gone. Friendly environment. Up to you if want to consider these as pros

    Cons

    Not achieving good results is not a problem, there is no accountability. No focus on training, development on services and HR. Extremely poor senior management (good sales people are put in charge as managers).

    Advice to Management

    Value human resources and define accountability. Moreover set up some sort of training for employees.

  8. "Low staff morale"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Neutral Outlook

    Pros

    - Great staff and lots of intelligent people to work with
    - Large company with excellent global resources
    - Strategic and sophisticated client service methodology
    - Excellent and challenging clients

    Cons

    - No recognition given to top performing employees
    - Senior management with fat pay checks while lower level employees are run to the ground and extremely underpaid
    - Company is all about the clients at the expense of staff well being and morale
     - Salary review process a joke. Constant internal memos about year on year double digit growth while non-management staff who really deliver the services to clients receive salary adjustments lower than inflation
    - too much unnecessary bureaucracy
    - CEO gets a lot of kudos from shareholders for cutting costs while staff are burnt out due to ridiculous work load and lack of support staff
    - low employee morale
    - everything has to be approved by New York

    Advice to Management

    Invest back in the business or you will lose your top performers which in turn will cost you a hell of a lot more than just recognising and doing the right thing by your staff


  9. Helpful (1)

    "A great place to work so long as you sell, but don't expect a lot of support developing other skills."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Upbeat, professional environment. Leadership tends to let middle management run the show. Charitable focus. Competitive salary.

    Cons

    Senior management can lose focus, allowing for some bad decisions to be made at the operational level. Commitment to employees, teamwork and winning seems to have been lost within MMA.

    Advice to Management

    Get back to doing the things that worked in the past. Such as incenting employees at all levels, encouraging employees and teamwork, and guiding middle management.


  10. 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.