Marsh & McLennan Companies Reviews

Updated 30 June 2015
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3.1
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Approve of CEO
Marsh & McLennan Companies CEO Daniel S. Glaser
Daniel S. Glaser
6 Ratings

Pros
  • Fantastic benefits and a great work-life balance (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)

  • And forget about the work/life balance - it didn't exist (in 5 reviews)

More Pros and Cons

340 Employee Reviews

Sort: Popular Rating Date
  1. Great place to grow a diverse career

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

    I worked at Marsh & McLennan Companies full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Lot 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

    Cons

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


  2. Disappointing

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

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Work/life balance is good, at 5 o'clock everyone is gone. Friendly environment. Up to you if want to consider these as pros

    Cons

    Not achieving good results is not a problem, there is no accountability. No focus on training, development on services and HR. Extremely poor senior management (good sales people are put in charge as managers).

    Advice to Management

    Value human resources and define accountability. Moreover set up some sort of training for employees.


  3. Low staff morale

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

    I have been working at Marsh & McLennan Companies

    Neutral Outlook
    Neutral Outlook

    Pros

    - Great staff and lots of intelligent people to work with
    - Large company with excellent global resources
    - Strategic and sophisticated client service methodology
    - Excellent and challenging clients

    Cons

    - No recognition given to top performing employees
    - Senior management with fat pay checks while lower level employees are run to the ground and extremely underpaid
    - Company is all about the clients at the expense of staff well being and morale
     - Salary review process a joke. Constant internal memos about year on year double digit growth while non-management staff who really deliver the services to clients receive salary adjustments lower than inflation
    - too much unnecessary bureaucracy
    - CEO gets a lot of kudos from shareholders for cutting costs while staff are burnt out due to ridiculous work load and lack of support staff
    - low employee morale
    - everything has to be approved by New York

    Advice to Management

    Invest back in the business or you will lose your top performers which in turn will cost you a hell of a lot more than just recognising and doing the right thing by your staff


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  5. Professional and Second to None.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Account Executive in Sydney
    Current Employee - Senior Account Executive in Sydney

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Professionalism and expertise locally here in Australia in the Construction realm is second to none. Working environment is social and professional.

    Cons

    Commitment to clients is great, but career development for employees i.e. wanting to move overseas has been hit with continue barriers. I would think that career development and a global perspective would be sought after, however it has proved hard to come by when choosing to move OS.


  6. Marsh

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

    I have been working at Marsh & McLennan Companies

    No opinion of CEO
    No opinion of CEO

    Pros

    Marsh & McLennann has provided some great opportunities to work with some very experienced brokers. MMC Clients are very interesting.

    Cons

    Management lack of recognition that staff are performing. There are some really great employees but the lack of recognition has a negative effect on performance.

    Advice to Management

    Management to actually interact and talk to staff about concerns. Management to action the concerns of employees versus saying we have listened to your concerns and nothing evolves.


  7. Good place to work, constantly changing

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Talent Acquisition in São Paulo, São Paulo (Brazil)
    Former Employee - Talent Acquisition in São Paulo, São Paulo (Brazil)

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Dynamic, results-oriented, big multinational company, lots of internal opportunities.

    Cons

    Bureaucratic, too many hierarchic levels.

    Advice to Management

    Keep it real and assess the people you manage. Make sure people can develop in your team.


  8. Director

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

    I worked at Marsh & McLennan Companies

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    MMC is truly a wonderful company to work for - a majority of the employees truly work for the best of the company.

    Cons

    Too many layers of management which makes decision-making a long and unnecessary process; micro-management from certain executives.

    Advice to Management

    Consolidate the layers of management - make the decision-making process less cumbersome and tedious.


  9. It

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL (US)
    Current Employee - Anonymous Employee in Chicago, IL (US)

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

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

    Pros

    Great benefits package, ability to work from home

    Cons

    Corporate cost-cutting everywhere means people work in silos, raises are little to non-existent, annual review process is pointless and not timely, there's no push to promote and train people, company wastes money left and right

    Advice to Management

    Take care of your people better


  10. Great Benefits; Very Efficient, Hard-Working Team!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Program Manager in Louisville, KY (US)
    Current Employee - Program Manager in Louisville, KY (US)

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Outstanding benefits with leaders that truly care about the team, our clients, and go the extra mile to ensure we ALWAYS deliver quality! I know I have been blessed to be working for MMC!

    Cons

    I feel we have an opportunity to move towards the 21st century more regarding flexibility and enabling more roles to be mobile / work from home.

    Advice to Management

    Continue celebrating your colleagues and the phenomenal (internal & external) things they do every day!


  11. Helpful (1)

    Excellent Company needs to focus on advancement of good employees

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    MMC offers competitive salaries and benefits. The leadership is understanding the ever-changing landscape of Talent Acquisition. They have been able to pivot and understand that the "old way" of recruiting has to change to adhere to the expectations of our Millennial Generation.

    Cons

    Very low ceiling for advancement within the organization. Definitely a who you know or who likes you type of promotion process.

    Advice to Management

    Better explanation on career path and the way to get to where you wnat to be as a colleague. Support those that want to grow and advance.



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