Marsh Risk reviews

3.9

84% would recommend to a friend

(276 total reviews)

Nick Studer

Not enough data to show CEO approval

74% positive business outlook

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276 reviews

Reviews about "Compensation"

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3.0
Jul 30, 2018
Recommend
CEO approval
Business Outlook

Pros

• Work is stress-free and it's easy to maintain a life outside of work • An *actually* diverse workplace • Casual dress • Office is in Round Rock (basically) which runs against traffic both ways (if you're coming from central Austin) • Solid way to gain professional experience for a year or two if you've never had an office-level job • Vacation time of 2 weeks, 80 hours sick time, and 401k contributions • Nice office with a gym downstairs

Cons

• Once you're used to it, the work is boring and intellectually mind numbing. • The new head of office is laughably bad. He gets managers names wrong, has little idea how the office functions (and shows no interest in learning), and is trying to restructure the center to be more like a call center so employees interact with their direct managers very little and teams are basically formalities. The only time he's made his presence known is the complain about the office's performance metrics via email while he works from home or to make passive aggressive comments to individuals on the floor. Because of this, workplace culture has plummeted (only 12 people went to the company picnic, for example), and morale is at an all time low. Whether this is an intentional or unintentional strategy to manage people out, it seems to be working. • This company does very little to reward people who take on more responsibility or do more than the minimum. It takes way. too. long. to get any meaningful bump in pay and at this time (July 2018), team leads and senior level employees who take on most of the work make only slightly more money than entry level employees. I have seen people get screwed over for taking on more responsibilities than be rewarded for it. If your goal is to make a paycheck and go home, do not contribute more than you have to. • The sick time is generous, but the "absence" system is broken. Without getting into the details, it's only beneficial to call out multiple days in a row, even if you're only sick for one and only need one sick day to recover. I've never been in a workplace that had so many "sick" people disappear for long periods of time which is a major problem. • Once they're out of training, it takes SO. LONG. to fire people for performance issues. This is obnoxious for others who have to pick up the slack of a toxic or wholly incompetent individual, and it undermines the authority of everyone on all levels.

3.0
Jun 22, 2018

Review

Recommend
CEO approval
Business Outlook

Pros

Good Brand Value Market Leverage

Cons

Poor Good will Poor Management

1.0
Jun 18, 2018
Recommend
CEO approval
Business Outlook

Pros

Offices are kept nice and cool to combat the Texas heat. Plenty of parking. Fooda vendors onsite to sell their meals every day so you don't have to leave the office or go out in the heat to enjoy a variety of food-truck style meals. Attire is "business casual" which in the Austin office just means casual... coworkers are in yoga pants and flip flops on a daily basis. Brand new electric car charging stations outside make the office look cool and modern (tho seriously, who in our office can afford a car that can use them?).

Cons

In my time here, I've seen the pay increased twice (but it is still FAR below the Austin-area standard for work requiring critical thinking on this level). Comparable jobs in Austin begin at $18-20/hr. You will not make that here. Both times I saw increases take place in this office, brand new hires received the pay increase, while the company continued paying all pre-existing employees the former rate for MONTHS, presumably hoping it would go undiscussed and therefore unnoticed? We have all learned to ask the new hires what they are making to determine when we're getting the shaft. What this means, is that seasoned employees regularly make $2/hr less than the trainees they are teaching. Additionally, when Marsh raised the bottom tier of employees up this spring, it brought entry-level employees up to the pay level of the Tier 2 and Team Lead positions, and those tiered employees were told that a tiered pay structure would be announced shortly later. However, after a few weeks, managers have let everyone know that right now, that's just the way it is, so all entry level employees make the same as the tier 2 and team lead employees who have 2 and 3 times as much work as they do, and are required to train and support those tier 1 employees. This didn't affect me personally, but I feel the pain of my coworkers, and we are losing valuable team members every single day. For Austin, specifically, this company-wide bump is not as helpful as it was likely to be in many of the brokerage offices around the country. You must develop your pay structure based on the cost of living in each office. This is not a one-size-fits-all country. Different cities have different norms. Additionally, this week, a new employee (5 months) in an entry level position was promoted to a Team Lead position, without meeting the 6-months-in-your-position requirement or even being fluent in their entry level duties ----- being chosen over employees with several years of experience who were extremely qualified for the position. The employee base has come to find out that he has a family member in upper management, and the interviews were irrelevant because he was cherry picked by the office head "to be groomed for management" in the words of one of our more candid supervisors. Again, didn't affect me personally, but I sympathize with the disgruntled and now job-seeking collection of upset peers. The most hilarious thing that the management has done lately is conduct "Stay Interviews" to collect information on what they are doing right and why the tenured few stay in their positions. The interviewees were handpicked by managers to ensure that only those who "love their jobs" were questioned, and well-known in-house managers conducted the interviews, so no one was going to be candid or comfortable sharing actual woes. If Marsh cares, what it should do is hire a 3rd party firm to come in and conduct interviews with employees chosen at random to find out what the issues are, and then anonymously share the data collected with our leadership. That would be the correct way to do it. Nobody tells someone in power above them what they hate about their job. Duh. The amount of time Marsh Austin spends training new employees is insane, because new hires quit as soon as they are off the training wheels, and the revolving door never stops turning. Most of the employees hired are 22-25 year olds straight out of college. They beam about this job because it is their first corporate-with-benefits job that lets them wear jeans to work. In reality, Marsh Austin underpays and overworks its employees, and is desperately missing out on what could be SUCH A COMFORTABLE PLACE TO WORK if the pay was adequate and the growth/management was being maintained by some kind of checks and balances / anti-favoritism system. I would argue that more of us are actively seeking alternative employment than are not, using Marsh only as a cushion to get to the next opportunity. Why am I still here? I need the cushion temporarily while I finish paying off student debt. This is a shared story among many of our members.

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