Marsh & McLennan Companies

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Marsh & McLennan Companies Reviews

Updated Jul 22, 2014
All Employees Current Employees Only

3.1 291 reviews

67% Approve of the CEO

Marsh & McLennan Companies President & CEO Daniel S. Glaser

Daniel S. Glaser

(89 ratings)

54% of employees recommend this company to a friend

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
291 Employee Reviews
Relevance Date Rating
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    • Culture & Values
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    Work hard, play hard! If you like the pressure and buzz, you'll succeed here

    Senior Vice President (Current Employee) Milton Keynes, England

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

    Cons1) 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 Senior ManagementBe tougher on low perfromers and sickness to create room for people who would love the opportunity to work here!

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

    • Culture & Values
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    • No Opinion of CEO

    10 people found this helpful  

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

    FLA At MGTI (Current Employee) Milton Keynes, England

    ProsI'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.

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

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

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    • No Opinion of CEO

     

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

    IT Professional (Current Employee) Milton Keynes, England

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

    ConsWhile 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 Senior ManagementSome 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.

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

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
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    Good company

    Senior Vice President (Current Employee) London, England

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

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

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

    • Culture & Values
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    • No Opinion of CEO

     

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

    Vice President (Current Employee)

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

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

    No, I would not recommend this company to a friend

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    • Approves of CEO

    2 people found this helpful  

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

    Anonymous Employee (Current Employee)

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

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

    Yes, I would recommend this company to a friend

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    • No Opinion of CEO

     

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

    Vice President (Former Employee) London, England

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

    ConsTraining 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 Senior ManagementSee above re: cons.

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

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    • No Opinion of CEO

     

    Good company

    Anonymous Employee (Current Employee)

    ProsOpportunity and lots of training available

    ConsNot competitive salaries, no mentoring

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

    • Culture & Values
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    • No Opinion of CEO

    1 person found this helpful  

    Run.... run for your lives!

    Assistant Vice President (Current Employee) London, England

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

    ConsHighly 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 Senior ManagementI don't know where to start...

    No, I would not recommend this company to a friend

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    • No Opinion of CEO

     

    Great people to work with

    Developer, Enterprise Technology Group (Current Employee) London, England

    ProsFriendly, and largely non-political atmosphere.
    Stable, not-too-competitive working environment.
    Good people to work with generally.
    Plenty of scope to change roles and move around within the company if you want to.
    Good work-life balance, if that's a priority.
    Salary rates are decent. Not the best around but above average.

    ConsSlow decision making sometimes.
    Poor office environment/facilities.
    Career progression can feel a little slow.
    Some frustration due to inefficient processes that sometimes result in slow resolution of problems or inability to move a project forward.

    Advice to Senior ManagementTry to get rid of some of the "red tape". Tasks frequently take much longer and a lot more effort than they should due to inefficient processes and lack of access.
    Get out of your offices and talk to people. Town Halls are not a great way to communicate.

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

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