Marsh & McLennan Companies

  www.marsh.com
  www.marsh.com

Marsh & McLennan Companies Reviews

Updated 18 December, 2014
Updated 18 December, 2014
320 Reviews
3.2
320 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Marsh & McLennan Companies President & CEO Daniel S. Glaser
Daniel S. Glaser
96 Ratings

Review Highlights

Pros
  • Great Benefits, Work life balance depending on the department, name brand recognition (in 27 reviews)

  • Good benefits and paid time off is generous (in 18 reviews)


Cons
  • Noone is recognized except top producers ands senior management (in 13 reviews)

  • Very little thought given to providing any sort of work/life balance to employees (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Career High

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice-President in Edmonton, AB
    Current Employee - Assistant Vice-President in Edmonton, AB

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

    Pros

    Compensation, collaborative culture, professionalism, global opportunities

    Cons

    Compliance can bog down the truly meaningful work, but it's minor and necessary

    Recommends
    Positive Outlook
  2.  

    Data Administrator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Marsh & McLennan Companies

    Pros

    - Working with immedatiate team members is positive
    - Great flexibility with vacation - except for month end
    -Christmas gatherings

    Cons

    - Very little room for growth for employees at the lower end of the scale.
    - HUGE communication gap among colleagues.
    - Some employees tend to pawn off the work onto other colleagues and fear change and do not embrace new business processes. Senior veterans who have been with the company for ages cannot think outside the box and thus tend to like a lot of hand holding.

    Advice to ManagementAdvice

    -Give credit where credit is due. The company boasts about further learning and career development but management needs to reinforce this and look out for every employee under their wing. This should not be limited to individuals with senior roles.
    -Improve communication within deparments and make sure the message conveyed is uniform.
    -Consider revising the compensation matrix for all departments. Upper management tend to get bigger pay increases and bonuses, while the reamining employees get a 1% raise. In today's economy, the base salary for junior roles are well under the poverty line which is unfair. Take home pay amounts to nothing.
    - Look past the politics and power trip. Employees need to get the work done right to make the environment a good workplace for everyone.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Great Management and Fun Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Toronto, ON
    Current Employee - Anonymous Employee in Toronto, ON

    I have been working at Marsh & McLennan Companies as a contractor

    Pros

    great team environment, no job to small for Sr. Associates to get involved with, great learning experience

    Cons

    Very difficult t get perm., processes for Canada seem to be disbursed globally

    Advice to ManagementAdvice

    You have the right people in charge, great relationships with their staff and very turned on

    Recommends
    Positive Outlook
    Disapproves of CEO
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  5. 2 people found this helpful  

    20th century administration in the midst of 21st century tools

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

    I worked at Marsh & McLennan Companies full-time (less than an year)

    Pros

    Global reach, range of services

    Cons

    Zero innovation, arrogant management, inefficient operations

    Advice to ManagementAdvice

    Unleash the analysts

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6.  

    claims consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Consultant in Vancouver, BC
    Current Employee - Senior Consultant in Vancouver, BC

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

    Pros

    interesting work, autonomy - if you are extremely conscientious and thrive on work - this is the place for you - there is an excess of work for some consultants

    Cons

    Management is self aware but not employee aware - lack of recognition of the amount of work and lack of support for claims employees other than management. Department crossover understanding lacking - insufficient employees for work expected very stressful - claims department staff detached from the rest of the company

    Advice to ManagementAdvice

    be more responsive to intermediate employee needs, expect to pay a decent wage to get competent support staff - actually hire support staff - claims department is pared down - too far for the work expected

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Positve

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant Vice-President in Toronto, ON
    Current Employee - Assistant Vice-President in Toronto, ON

    I have been working at Marsh & McLennan Companies

    Pros

    Lots of knowledge sharing
    Good internal protocols
    Responsible Management

    Cons

    * No transparency in pay. Seems other industries pay more
    * Lots of Transparency and internal audit requirements - takes away from servicing clientele

    Recommends
    Approves of CEO
  8.  

    Marsh is a key player in the Brokerage Industry and provides access to great clients.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Human Resources in Toronto, ON
    Former Employee - Human Resources in Toronto, ON

    I worked at Marsh & McLennan Companies

    Pros

    - large organization with lots of resources to leverage specific expertise.
    - strong benefits and pension plan
    - salaries are competitive
    - strong communication within Canada and U.S.
    - name recognition in the brokerage industry
    - has some of the best and largest clients

    Cons

    - bonuses could be more transparent and competitive
    - have had some difficult years with respect to performance in the U.S.
    - political challenges with having a head office outside of Canada

    Advice to ManagementAdvice

    Ensure that you make a focus on building a program for increasing your university intake. The Risk Analyst program is something that puts you ahead of your competitors.

    Recommends
    Approves of CEO
  9.  

    Marsh

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Toronto, ON
    Current Employee - Anonymous Employee in Toronto, ON

    I have been working at Marsh & McLennan Companies

    Pros

    They seem to make strides to listen to their employees, We get to work someone close to the suits. It's a top risk management company found around the world.

    Cons

    My supervisor is terrible and makes me hate going to work.

    Advice to ManagementAdvice

    If there is a lot of turnover in a specific department. Take a look in the mirror, as it's likely one of your present staff members that is scaring people away.

    Recommends
    No opinion of CEO
  10.  

    Great company with lots of opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Assistant in Atlanta, GA (US)
    Current Employee - Insurance Assistant in Atlanta, GA (US)

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

    Pros

    Marsh has established itself as a powerhouse in the marketplace. People recognize that and they can use that leverage to their benefit. The culture and company values are great. The company really cares about their people, and it is always priority number one. Leadership is the best in the business, and they are always looking to better the company, their employees, and grow. There is also lots of potential to move laterally into many different sectors of the company if you do your due diligence.

    Cons

    If you are in an entry-level position, the compensation and time off are not ideal. However, you know what you are getting into. It takes a little longer than expected to move into a promotion or another role in the company. Everything at this company takes awhile to gain movement, as in they are slow to make decisions.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Not good, not bad

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

    I have been working at Marsh & McLennan Companies

    Pros

    Mercer employees are very smart and motivated

    Cons

    There is no work life balance.

    Advice to ManagementAdvice

    Turn over is very high - take that seriously.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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