Marsh & McLennan Companies Reviews

Updated 28 August 2014
Updated 28 August 2014
300 Reviews

3.2
300 Reviews
Rating Trends

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

Review Highlights

Pros
  • Great Benefits, Work life balance depending on the department, name brand recognition (in 26 reviews)

  • Good benefits and paid time off is generous (in 17 reviews)


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

  • long hours and not the best management structure in place (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    A great place to work and experience the life behind the city of London

    Former Employee - Project Manager  in  London, England
    Former Employee - Project Manager in London, England

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

    Pros

    Brilliant experience with quality clients. Work hard and you are rewarded.

    Cons

    certain teams still maintain the 'old boys club' feel

    Advice to ManagementAdvice

    Encourage gender, race and nationality diversity

  2.  

    Work hard, play hard! If you like the pressure and buzz, you'll succeed here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Vice President  in  Milton Keynes, England
    Current Employee - Senior Vice President in Milton Keynes, England

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

    Pros

    Compensation and benefits
    Leadership and vision
    Company profile and external recognition
    Global brand
    Strong ethical values & excellent diversity and inclusion drive

    Cons

    1) Some existing employees have been here to long and are stopping the new leadership to implement the much required change. Stop moaning and move on guys, let us make this place better without your nagging...
    2) Brand could be a bit more visible externally
    3) work life balance....hmmm...that's tricky, however again if you want to progress and get to the top this is a sacrifice in many other organisations too

    Advice to ManagementAdvice

    Be tougher on low perfromers and sickness to create room for people who would love the opportunity to work here!

    Recommends
    Positive Outlook
    Approves of CEO
  3. 10 people found this helpful  

    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
    Current Employee - FLA At MGTI in Milton Keynes, England

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

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

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
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  5.  

    Overall positive, but with an odd new annoyance policy popping up every far-too-often

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Professional  in  Milton Keynes, England
    Current Employee - IT Professional in Milton Keynes, England

    I have been working at Marsh & McLennan Companies full-time for more than a year

    Pros

    High pay, professional environment, opportunities available for those who want them

    Cons

    While you can move up, it certainly seems to be a long wait at the moment, with little to no growth in higher teams at the moment.

    Advice to ManagementAdvice

    Some of the decisions filtering down to the lower ranks seem thoroughly misguided, nothing hugely significant, just things that should have never been signed off on, including certain program updates, particular goals and targets (and the repercussions of not hitting them) and aspects of the security and validation policy. There is a culture of keeping all the boxes green on a spreadsheet, rather than looking with any detail into what they mean or why they are there.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Good company

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

    I have been working at Marsh & McLennan Companies full-time for more than 5 years

    Pros

    Good top leadership.
    Strong brand
    Large organisation
    Good pay and benefits

    Cons

    A little unimaginative
    Weak middle management
    Obsessed with financial targets and numbers

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Relentless pressure in a company that cannot comprehend that Europe is made up of more than one country

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

    I have been working at Marsh & McLennan Companies full-time for more than a year

    Pros

    Senior roles get a good bonus and a reasonable salary - but they get their pound of flesh

    Cons

    Totally relentless hard work - if you're in IT
    Globalisation is talked about a lot but it is a one way process from these to the rest of the world. No other opinions count.

    Advice to ManagementAdvice

    Walk the talk with work life balance. - it doesn't exist!
    Stop working your staff into the ground.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    OK, but insane amount of concurrent projects in flight at once

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

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

    Pros

    Pay and benefits pretty good, reasonable flexible working policy, superb immediate management

    Cons

    Expectation of project deliverables just crazy. Too many things on the go at once, no quality control, too many "A1" priority tasks handed to you. Cost cutting affecting personal development, if you want to learn, best to do it in your own time at your own expense.

    Advice to ManagementAdvice

    Stop penny pinching and do some better long term forecasting of projects to stop ramming everything through at the drop of a hat.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    A company with a lot of opportunities to grow and develop in.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  London, England
    Former Employee - Vice President in London, England

    I worked at Marsh & McLennan Companies full-time for more than 8 years

    Pros

    Interesting, varied work
    Great for networking
    Good opportunities for career development for people who are hardworking, talented and ambitious

    Cons

    Training programs are lacking for younger employees.
    Initiation for new employees should be more professional. Not enough guidance provided.
    Long hours for certain employees.

    Advice to ManagementAdvice

    See above re: cons.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Good company

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

    I have been working at Marsh & McLennan Companies

    Pros

    Opportunity and lots of training available

    Cons

    Not competitive salaries, no mentoring

    Recommends
    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Run.... run for your lives!

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

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

    Pros

    Some very friendly people
    Good benefits - particularly the health insurance
    Good location

    Cons

    Highly political atmosphere
    Some extremely incompetent people in senior positions who seem to weather every storm just because their 'face fits'.
    Compliance culture is very poor - just a tick box exercise that is veiwed as a necessary evil. Very poor compliance culture.
    HR is useless if you have any serious issues - complaints are swept under the carpet and there is one person who is famous for never answering emails or her phone. If you need to speak to her, you have to call someone sitting near her to see if she's in and actually go up to see her!
    Very poor bonuses and pay increases, unless you are a broker making big £££ for the company.
    IT is not great and can be very frustrating

    Advice to ManagementAdvice

    I don't know where to start...

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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