Marsh & McLennan Companies Reviews | Glassdoor.co.uk

Marsh & McLennan Companies Reviews

Updated 5 December 2018
669 reviews

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3.5
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Marsh & McLennan Companies CEO Daniel S. Glaser
Daniel S. Glaser
160 Ratings

Employee Reviews

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Pros
  • "The company really does strive to place work life balance for its employees" (in 44 reviews)

  • "great benefits, room for growth" (in 36 reviews)

Cons
  • "Due to restructuring in the department there was no work/life balance" (in 23 reviews)

  • "Long hours and difficult work life balance" (in 19 reviews)

More Pros and Cons

  1. "Managing Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Market leader that will continue to set the pace

    Cons

    Highly competitive and maybe too pressured environment


  2. "Broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Junior Broker in London, England
    Former Employee - Junior Broker in London, England
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Marsh & McLennan Companies full-time (More than a year)

    Pros

    Good to have on the CV
    Good Pension
    Exposure to big clients

    Cons

    Small cog in a big machine
    Management are burdensome
    Remuneration isn't the best

  3. "Business Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Busineess Analyst in London, England
    Former Employee - Busineess Analyst in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Marsh & McLennan Companies full-time (More than a year)

    Pros

    Great company perks. Good work life balance. Very social

    Cons

    Too many management layers to get work done/signed off. Changing of direction all too often


  4. "Brill"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fab staff benefits. Great salary

    Cons

    Long hours. On going training needed


  5. "Internal Audit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Exposure to global countries and travel
    Good structure to progress up the ladder

    Cons

    Most political office atmosphere and lots of gossip not a welcoming environment
    Department didn't encompass the beliefs of diversity and inclusiveness even though they hired a range of individuals with different backgrounds the tone from the top in the form of comments and attitude is very poor
    Poor adaptation to changes in the industry

    Advice to Management

    Be open to new ideas


  6. "Has Great Benefits and Resources"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Advisor in Norwich, England
    Current Employee - Client Advisor in Norwich, England
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Very good pension and health plans available. Paid for all exams and qualifications while I was working and supported my studies.

    Cons

    Due to being such a large company, a lot of decisions and directions feel very impersonal. My case in particular, communication from management was very poor.

    Advice to Management

    Better communication and involvement. Represent your team rather than the wider company agenda.


  7. "Client Executive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Executive in Norwich, England
    Current Employee - Client Executive in Norwich, England
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Marsh & McLennan Companies full-time (More than 5 years)

    Pros

    People, training, development, products ,clients

    Cons

    Bad work life balance, resources issues.

    Advice to Management

    Pay us more and hire more staff.

  8. "Great if you relish change"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Marsh & McLennan Companies full-time

    Pros

    Dynamic environment due to constant change
    Opportunities for development and internal promotion.
    Flexible working arrangements
    Generous benefits package

    Cons

    Decision making centralised to the US head office


  9. Helpful (1)

    "Revenue Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Revenue Accountant in London, England
    Current Employee - Revenue Accountant in London, England
    Positive Outlook
    Approves of CEO

    I have been working at Marsh & McLennan Companies full-time (More than 3 years)

    Pros

    Good team working and culture

    Cons

    Flat Hierarchy means not much in the way of promotional opportunities
    Not competitive pay and not able negotiate
    Changes are pushed through by senior management without considering the real impact so we are left to pick up the pieces


  10. Helpful (2)

    "Lack of vision for the future of work & instead yearly redundancy rounds"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Marsh & McLennan Companies full-time (More than a year)

    Pros

    - Respected holding company of Marsh, Oliver Wyman, Mercer & Marsh
    - Exposure to top talent in the 4 OpCos
    - Good on LGBTA & veteran issues, bad on gender equality

    Cons

    - Unfortunately does not learn any of the 'best practices' from its 4 OpCos
    - Not used to working internationally as a holding company, very NY driven, not multicultural at all, very conservative
    - Yearly redundancy rounds before Christmas to 'up' the numbers for the next year, of people with continuous top performance reviews
    - Women leave in drones, Inability to retain them
    - high turnover in leadership
    - performance reviews are a box ticking exercise, no real value

    Advice to Management

    Learn from the OpCos and incorporate what they preach to their employees & clients for the future of work. Learn to work more internationally as a 'global' company, not a 'US' company. Update IT systems. Try to keep women on board. Work as hard on gender equality as you do on LGBTA/veterans. Focus on reskilling the (re)insurance leg of the business, invest in your people.