Marsh & McLennan Companies Reviews

Updated 25 April, 2015
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Marsh & McLennan Companies CEO Daniel S. Glaser
Daniel S. Glaser
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38 Employee Reviews

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  1. You work extremely hard on frustrating work and do not get compensated fairly.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Service Analyst I in Norwood, MA (US)
    Current Employee - Client Service Analyst I in Norwood, MA (US)

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    People are nice, there is a cafeteria on site, plenty of parking, you can learn a lot since you have a lot of responsibilities. Good resume builder.

    Cons

    Over worked, under compensated, senior leaders are cliquey. Systems are so old. Very high expectations that don't get rewarded for.

    Advice to Management

    If you want to attract and retain the best talent, the $ needs to be there. Everyone is trying to leave right now.

  2. Helpful (5)

    Stuck in the past

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in New York, NY (US)
    Current Employee - Manager in New York, NY (US)

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Variety, its a big firm with lots happening. They have some good ciients and offerings. They are respected in the marketplace and have a number of things in motion at anyone time. Geographically spread out too.

    Cons

    Excessive work hours with an expectation to work late in the evenings and weekends. No clear strategy, once you've served your usefulness, you're surplus to demand. Highly political and clicky, if you are not in with the In crowd, then your time is limited. If you fit in with the click, then you'll do well.

    Advice to Management

    This is 2015, wake up to modern working practices that encourage development, opportunity and good work.
    Improve your compensation, especially bonus. Practice what you preach around company values instead of a plastic mission statement and set of values.

  3. Helpful (1)

    A 3 year swim in a shark tank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Advisor in Washington, DC (US)
    Former Employee - Client Advisor in Washington, DC (US)

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

    Disapproves of CEO
    Disapproves of CEO

    Pros

    Great exposure and tremendous networking opportunities along with high profile clients.

    Cons

    No room for promoting within. It's definitely a "good ole boy" networking hierarchy. Yearly raises are minimal and hard work is not appreciated by management. If your manager likes you then be or she will fight for you at review time...if not, then you're screwed.

    Advice to Management

    Appreciate the people within your organization who actually handles the daily work in the trenches that literally keeps the company out of the "red".

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  5. Helpful (2)

    Corporate Benefits Department - Avoid like the plague

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY (US)
    Former Employee - Anonymous Employee in New York, NY (US)

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

    No opinion of CEO
    No opinion of CEO

    Pros

    One can gain valuable work experience in a very tall organisational structure. High volume of data and work to do.
    Great for actuaries, accountants and math nerds.

    Cons

    This was the worst place that I have ever worked. It has an astronomically high Power Distance Ratio.
    In the Benefits Dept., workers get to see the 4-figure bonuses executives make (over 100k salary), whereas non-exempt employees basically got zilch. Middle management was very very derisive towards 'inferiors'. Employees had feuds lasting for years and refused to speak to one another outside of required interaction/meetings. Lower- echelon workers were expected to be slaves. I even heard a well-paid attorney say in front of the VP of benefit's administrative assistant: ".... your grossly underpaid assistant." And the evp said nothing. It made me want to wretch. There was much strife, so much, in fact that they brought in an external consultant to help sort out the lack of 'esprit de coeur'. As other reviews have stated, drawbacks include an entrenched 'old boys' club', no opportunity to put your hand to diverse tasks, extremely uneven compensation. Working there you are just a number. No professional development.

    Advice to Management

    Consider how efficient daily operations would be without the 'little people' you so thoroughly scorn.

  6. Worst job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Data Analyst in Urbandale, IA (US)
    Former Employee - Data Analyst in Urbandale, IA (US)

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Nothing was good, except compensating time when working oncall

    Cons

    Horrible hours, worked you like a slave driver, niche jobs (no moving up from within) and bad pay

    Advice to Management

    Could have had better compensations/pay and lay off the fear based management

  7. Worst job I ever had

    Former Employee - Service Specialist II in Urbandale, IA (US)
    Former Employee - Service Specialist II in Urbandale, IA (US)

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

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    There are no positive things to say about working here!

    Cons

    No raises, focused more on rewarding management than those actually doing the work

    Advice to Management

    You need to realize who is actually doing the work and stop rewarding those who aren't!

  8. Helpful (1)

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Recruiter
    Current Employee - Recruiter

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

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    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 (10)

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - FLA At MGTI in Milton Keynes, England (UK)
    Current Employee - FLA At MGTI in Milton Keynes, England (UK)

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

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    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.

  10. Helpful (1)

    Worst Place ever

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Marsh & McLennan Companies full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    There are not any good reasons to work here.

    Cons

    Upper management sucks!!!! They pay millions in compensation packages to fired, ineffective CEO's when they could be passing that down to the people who actually do the work for the company.

    Advice to Management

    Get your heads out of your $%% and realize who keeps your company running and quit padding the pockets of management who does NOTHING!!!!

  11. Helpful (2)

    Awful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst/Certificate Specialist in Austin, TX (US)
    Current Employee - Operations Analyst/Certificate Specialist in Austin, TX (US)

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Benefits, benefits, benefits, benefits, benefits

    Cons

    Overworked and way under paid

    Advice to Management

    Show appreciation to employees who constantly go above and beyond and help retain accounts

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