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Marsh & McLennan Companies, Inc. Message Board

  • jim.feely jim.feely Mar 6, 2009 10:52 PM Flag

    Going Nowhere Fast

    This company will go nowhere fast. Although senior leadership has improved the cost management, there are many issues to resolve. Such as- A Growth leader in NY that doesn't grow business, Team leaders that have zero communication or interpersonal skills, Group leaders who stay home 3 days a week to take care of their children, and Division leaders who hate eachother and can't work together.

    The bottom line is, the rank and file have had enough and they do not want to be apart of a company that rewards the well connected or the legacy. Employees need to see the leadership lead by example, and that clearly does not happen at MMC. Employees look to middle management of this company and laugh (or scratch their head).

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    • sounds like this sorry guy in NY didnt like his bonus. try it somewhere else, man. its no better across the street. by the way, if u find a company that is going somewhere fast...beware; it's likely down the tubes with the rest of America under this socialist regime.

      • 1 Reply to wingsnlinks
      • That's harsh. Maybe the guy didn't even get a bonus. I know I didn't, for 2 years. So I quit and guess what? I got a bonus this year. I think quite a few people at Marsh are either brainwashed by management's "we're the best" mularkey or the mistaken perception that "it's not better anywhere else." It depends on what you want and what you're working for, but I'm here to tell you that it is better somewhere else.

    • ashirek Mar 12, 2009 11:08 AM Flag

      I'm a former Marsh person who was "retired" last summer in the first round of layoffs. I was not important to the future of MMC because all of the clients I worked with were "house accounts". I have spoken to two prominent clients who I worked with and they appear to be seeing less of their "relationship officer" in the new regime. The good news for Marsh is that they still have the clients. That certainly proves that my job could be eliminated. But if quality of service means anything, the clients are not receiving service that is up to the level that they expect. This, in my opinion, is one of the major flaws in the changed business model. The other is that the product line brokers don't have a deep enough understanding of risk management and are only filling orders for insurance products. Marsh seems content with less than optimal service as long as clients don't complain. In my view, it certainly makes them ripe for stories from competitors. The biggest reason that Marsh continues to succeed is that clients believe that what is available from Aon or Willis is not significantly better. And many larger clients are too timid to try boutique brokers who really do a better and more effective job at a lower cost. The Locktons, Integros, Beecher-Carlsons, Alliants and others are doing a much better job than the "Big 3" and those clients who are not timid are finding that out daily.

    • nadirnaseem8 Mar 11, 2009 6:59 PM Flag

      Thanks sir... I checked your experience & opinion with some friends at mmc & they were fully 100% in agreement with you viewpoint... Problem is that the top guys at mmc are sleeping or in a state of ????????

      thanks for your feed back.... I wish if brian could read what you see....


    • Yawn....These negative posts (aka, chronic malcontents)are nothing more than the posters
      catharsis....These messages have been goin' on for years...and yet, MMC lives on...and HEALTHY!

    • Indeed, management grants themselves bonuses while the workers have not received raises in over 2 years.

    • sounds like you're talking about David

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