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Moody's
3.1 of 5 141 reviews
www.moodys.com New York, NY 5000+ Employees
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Moody's Reviews

Updated Apr 19, 2013

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3.1 141 reviews

                             

62% Approve of the CEO

Moody's Chairman and CEO Ray McDaniel Jr.

Ray McDaniel Jr.

(81 ratings)

60% of employees recommend this company to a friend
53 employee reviews Back to all reviews
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Current Employee – been working at Moody's

ProsWork and life balance..friendly colleagues

Conssalary, incompetent managers, low professional development

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Current Employee – been working at Moody's

Prosrelax, casual working environment. good benefit.

Conspays are in the medium in bay area comparing to other IT companies. It's a finance company, don't expect too much about cutting edge technologys. Too much restrictions in using the internet.

Advice to Senior Managementno comments

Yes, I would recommend this company to a friend

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Current Employee – been working at Moody's

Prosgood quality of training;
good work-life balance: 9-6 are the usual hours;
nice colleagues: a multicultural environment with smart people around.

Conscan become boring due to the repetitive nature of the job
limited client contact
low pay in comparison to pay in other financial institutions

Advice to Senior Managementmanagement should be more transparent

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2 people found this helpful  

Former Employee – worked at Moody's

ProsSomewhat reputable financial firm; location is great.

ConsSalary not in par with market, recruiters are clueless about IT positions and market demand and compensations. Badly managed helpdesk operations--simple requests takes months to implement. simple password resets sometime takes days. Development team is H1B sweatshop-- disrespectful attitude is common scene, and management takes a blind eye to bullying.

Advice to Senior ManagementRecruitment at Moody's can be run by a 5-line script. Current HR analysts are busy facebooking all day and have little or no experience in hiring talent, and that may explain why IT talent is almost nonexistent at Moody's.

No, I would not recommend this company to a friend

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Seoul (South Korea)

Former Employee – worked at Moody's

ProsGood working time, stable business. I have been working there for 3 years and it was very stable there. I liked it

ConsIt is kind of boring. i wished more dynamic atmosphere. given the nature of the job, it could not be that exciting

Advice to Senior Managementvery stable, not very fun, i ii i i i i i i i i i i i i i i

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Former Employee – worked at Moody's

ProsCollegial atmosphere among analysts; mentoring of junior analysts generally good but depends upon the competencies of senior analyst; analytic work environment leans toward professional academic with very good coverage and rigor in fundamental credit analytics training program. Analytic work load is generally split with Associates doing first the number crunching, moving up to the heavy lifting on fact checking, and if track record is good to providing the bones of written analysis, along with input to rating decisioning committees.

ConsWork load is barely manageable with very tight expense control on replacing departing staff. Top mngt staffed by analysts (natch) and value group think rather than independent thinkers. Easy to see this in Moody's current aimlessness with new normal biz environment. Mngt lacks varied and mkt-based business experiences to be effect and pro-active in an environment more competitive than an oligopoly.

Advice to Senior ManagementRecruit new senior management from other than career analysts, i.e., outsiders with non-traditional, forward thinking opinions and experience. Expand the firm's footprint beyond DCM data and analysis into the broader cap mkts. Wake up to the new reality of rating structured debt products. Change will be needed at the top three positions. The board should look at the stock performance and prospects, then finally get some brass under itself.

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Current Employee – been working at Moody's

ProsThe salary is ok. The work hour is flexible. No overtime usually. No much pressure. Most of coworkers are friendly

ConsThe work environment is not very good. Too much levels. Bonus is not dependent on the performance. Boring work now.

Advice to Senior ManagementThe managers should be tough sometimes. Make the work environment better. need more motivation. Be fair to employees. Generally it is ok

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Current Employee – been working at Moody's

ProsGood/great benefits
Good place to learn
If you work on a team that reports into a strong manager (competent, advocates for his/her employees) you will have a good work experience.

Conscompensation
difficult to be promoted
need to focus more on employee engagement
Groups that report into inexperienced/weak managers tend to have poor morale. Unfortunately, Moody's does not focus on developing the interpersonal skills of their managers. There are no consequences for being a poor manager.

Advice to Senior ManagementThe company should focus on improving overall employee morale and engagement.

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2 people found this helpful  

London, England (UK)

Current Employee – been working at Moody's

Pros- Good work/life balance
- People are nice to work with
- Senior management is accessible
- Pretty flat structure

Cons- Promotion is not really related to perfomance
- Compensation is not great and pay increase rarely happens
- Actual work does not change with the job title
- Not interested in retaining high performers

Advice to Senior ManagementSenior management should seriously consider staff retension as the high priority agenda as a lot of good analysts are leaving the company having been treated poorly during the crisis. Promotion and compensation issues need to be sorted out as soon as possible.

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Former Employee – worked at Moody's

Pros- Stock options
- promotion opportunities
- senior management
- benefits
- employees
- state-of-the-art building
- bonus opportunities
- vast organization

Cons- very stressful environment
- little leverage vs. an incompetent superior (hr not helpful)
- lack of diversity in senior or mid-level positions

Advice to Senior Management- enact a 360 review process to ensure transparency
- focus on integrity and ensure employees are empowered at all levels

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