Marsh & McLennan Companies
3.1 of 5 268 reviews
www.mmc.com New York, NY 5000+ Employees

Marsh & McLennan Companies Reviews

Updated Apr 14, 2014
All Employees Current Employees Only

3.1 268 reviews

                             

71% Approve of the CEO

Marsh & McLennan Companies President & CEO Daniel S. Glaser

Daniel S. Glaser

(76 ratings)

54% of employees recommend this company to a friend
268 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "They try to respect work/life balance in many positions (not all)"
    in 24 reviews
  • "Good benefits - particularly the health insurance"
    in 15 reviews
Cons:
  • "Noone is recognized except top producers ands senior management"
    in 13 reviews
  • "You can be expected to work long hours at times"
    in 8 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

5 people found this helpful  

Its a paycheck

Anonymous Employee (Current Employee)

I have been working at Marsh & McLennan Companies full-time for more than 10 years

ProsCompany has a good reputation in the industry. Global platform. Its a paycheck. Not micromanaged.

ConsToo much beaurocracy. New York has to approve everything. Too many managers, too many people with titles. Compensation is awful, raises and bonuses almost unheard of except for producers and top management.

Cliquish, cant get ahead if you are not part of the in crowd. Entire departments outsourced to India, no job security at all. Anyone can get let go any day of the week.

Employees are treated as expendable and are not valued. Turnover seems to be high, probably because of compensation. Noone is recognized except top producers ands senior management.

Middle managers cannot get anything done without levels of approval above them. They also seem so worried about their own jobs, they are afraid to speak up or take initiative.

HR appears to be a ghost department. One has no idea who to call or if there is anyone to call.

Terrible inefficiencies in invoiving and accounting. Embarrasing to call clients asking for payment when they have already paid and accounting cant find their money.

Company seems more interested in pouring money into marketing and technology initiatives than retaining talented employees.

You cannot ever telecommute. If you have an appointment, you have to take the whole day off.

Advice to Senior ManagementA little value of employees goes a long way in morale and productivity. Stop the rah rah meetings until you can compensate people that are actually doing the work to make it a profitable company.

No, I would not recommend this company to a friend

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1 person found this helpful  

First day in the field "criers are buyers"

Insurance Broker (Former Employee)
Des Moines, IA (US)

I worked at Marsh & McLennan Companies full-time for more than a year

ProsYou can work when ever you want, but that is only because you are paid on commission, although they want you in the office 2 days a week and 3 days in the field.

ConsYou will make money if you have no problem being pushy and underhanded. Don't expect any help after you trial period is up.

Advice to Senior ManagementPyramid style old boys club.

No, I would not recommend this company to a friend

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2 people found this helpful  

I had a neutral experience at Marsh.

Insurance Claims Advisor (Former Employee)

I worked at Marsh & McLennan Companies full-time for more than 10 years

ProsMarsh is a large company with well-known clients.

ConsThey are fanatical about saving money by cutting expenses down to the bone.

Advice to Senior ManagementManagement is Intelligent but obsessed about growing the business and raising their stock price.

No, I would not recommend this company to a friend

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2 people found this helpful  

Former PCS Employee

Client Advisor (Former Employee)
Los Angeles, CA (US)

I worked at Marsh & McLennan Companies full-time for more than 3 years

ProsMarsh employees are the best trained employees in the industry.

ConsLocal management seems to think they are above it all. They get away with treating hard working dedicated employees like dirt and even if employees file a complaint nothing is done about it by HR. And to add insult to injury those same managers get promoted and hard working valued employees get layed off.

Advice to Senior ManagementMake sure HR is documenting the employee complaints and pay attention, geez what does it take?

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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IT Project Manager

Project Manager (Former Employee)
Fort Washington, PA (US)

I worked at Marsh & McLennan Companies full-time for more than 5 years

ProsBenefits were good, interesting work.

Conslarge company, bureaucracy overcame smaller company atmosphere that was there in the beginning

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3 people found this helpful  

In my 20 years in the IT industry, this was the worst experience I've ever had. You will work a minimum of 65hrs/week.

Anonymous Employee (Former Employee)

I worked at Marsh & McLennan Companies full-time

ProsThe people who stay are dedicated.

ConsThe amount of outsourcing to India is incredible. It's a security risk beyond measure, all customers, and employees of customers should take fair warning. All of your private data is sent to India via non-secure methods, included plain text email. Raising flags does nothing, because of a few managers getting kick-backs from the firm in India.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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well established, sound firm

Anonymous Employee (Former Employee)

I worked at Marsh & McLennan Companies

Prossophisticated and stable corporate culture

Consoverall, not much of distinctive cons to figure out

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

The operating companies have gotten their act together while Corporate is political and poorly managed

Anonymous Employee (Current Employee)

I have been working at Marsh & McLennan Companies full-time for more than 3 years

ProsGreat CEO, good benefits, reasonable work life balance. High collaboration across departments. Some of the operating companies increasingly reward talent.

ConsCorporate is full of politicians, who don't care about talent. Too many empty suits in important positions in Finance and HR.

Advice to Senior ManagementReview the heads of all functions at corporate and get rid of the clueless ones. Base assessment of employees on achievement of outcomes, and not apearances.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Decent company and people. Middle of the road salary and benefits

Anonymous Employee (Current Employee)

I have been working at Marsh & McLennan Companies

ProsWork life balance pretty good.

ConsProject work varies depending on position.

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Excellent

Staff Accountant (Former Employee)

I worked at Marsh & McLennan Companies full-time for more than 10 years

ProsThe accounting department is very family oriented

ConsNone that I can think of

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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