Marsh & McLennan Companies
3.1 of 5 267 reviews
www.mmc.com New York, NY 5000+ Employees

Marsh & McLennan Companies Reviews

Updated Apr 11, 2014
All Employees Current Employees Only

3.1 267 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
267 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 12 reviews
  • "long hours and not the best management structure in place"
    in 8 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
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  • Senior Management
         
  • Comp & Benefits
         
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  • Approves of CEO

 

Good company

Senior Vice President (Current Employee)
London, England

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

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

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

Vice President (Current Employee)

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

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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2 people found this helpful  

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

Anonymous Employee (Current Employee)

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

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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  • Culture & Values
         
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A company with a lot of opportunities to grow and develop in.

Vice President (Former Employee)
London, England

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

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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Good company

Anonymous Employee (Current Employee)

I have been working at Marsh & McLennan Companies

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

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1 person found this helpful  

Run.... run for your lives!

Assistant Vice President (Current Employee)
London, England

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

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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Great people to work with

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

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

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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  • Disapproves of CEO

1 person found this helpful  

The rats are fleeing the ship

Accounts Technician (Current Employee)
Norwich, England

I have been working at Marsh & McLennan Companies

ProsIf you are in the right area (i.e. London or New York) the opportunities for career progression are there, Otherwise things are limited. The support for professional qualifications is also pretty good. Our office gives free lunch (subsidized from pay).

ConsBeing in a regional office means terrible pay and opportunities. Currently there seems to be a financial squeeze (although this is not unusual for the sector) which means everything from stationery to bonuses are being cut drastically. Senior management can never see a project or idea through to completion, which has left a large number of highly paid people sitting around with nothing to do.

Advice to Senior ManagementRecognize that the world doesn't revolve around New York.

No, I would not recommend this company to a friend

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Great place to grow a diverse career

Human Resources (Former Employee)

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

ProsLot of great people to work with, very diverse skill sets and capabilities to learn from. Great opportunities to move within the businesses if you want to

ConsToo cost focused at times on things that undermine the culture and make people feel disengaged

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

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sd

Anonymous Employee (Current Employee)

I have been working at Marsh & McLennan Companies

ProsGreat folks and culture f

ConsNot very exciting environment n

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Marsh and McLennan Companies is the premier global professional services firm, providing advice and solutions in the areas of risk, strategy and human capital. Through our market leading brands: Marsh, Oliver Wyman… Full Overview

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