Morningstar
3.4 of 5 267 reviews
www.morningstar.com Chicago, IL 1000 to 5000 Employees

Morningstar Reviews

Updated Jul 1, 2014
All Employees Current Employees Only

3.4 267 reviews

                             

88% Approve of the CEO

Morningstar Chairman and CEO Joe Mansueto

Joe Mansueto

(195 ratings)

68% of employees recommend this company to a friend
71 Employee Reviews Back to all reviews
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    3 people found this helpful  

    Great work-life balance

    Project Manager (Current Employee)
    Chicago, IL

    ProsPeople are very nice, the organization is flat. It's easy to ask for time off. Nice office, free bagel breakfast on Wed.

    ConsThe pay is under industry average. And most of the jobs are very boring, lack of challenges. If you are an ambitious person, don't go there.

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    5 people found this helpful  

    great work/life balance; compensation is low and inconsistent

    (Current Employee)

    Prosgood work/life balance, benefits, training, volunteer opportunities
    engaged employees

    ConsManagers instead appears to over-prioritize its method (its pillars) and its growth push far more than its employees.

    Growth opportunities are limited for analysts who do not want to go into people-management roles. This results in employees jumping ship entirely at times.

    Advice to Senior ManagementInvest in your employees by raising compensation to market levels. Higher retention levels will save on training and recruiting. More reasonable comp will also allow employees feel they are fairly valued.

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    2 people found this helpful  

    Great work place, which doesn't like edge technology

    Developer (Current Employee)
    Chicago, IL

    ProsNot much pressure, Nice people

    Constoo much managers, ignores developers' work

    Advice to Senior Managementplease hire more developers

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    3 people found this helpful  

    Good company, not great for tech career

    Software Developer (Former Employee)
    Chicago, IL

    ProsThe company has a fun, young culture and the people are above average in their passion and talent.

    ConsThe technology teams in general err on the side of mediocre and stand-outs who a really passionate about tech are few and far between.

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    4 people found this helpful  

    Not as great as they say

    Data Analyst (Current Employee)
    Chicago, IL

    ProsThey really try to sell you on the culture and the extra benefits at Morningstar - parties, flexible hours and vacation, casual environment.

    ConsCompensation, rotation/advancement opportunities, and candor from management are lackluster at best.

    Advice to Senior ManagementIf you really want to be a great place to work, listen to and appreciate your employees.

    Yes, I would recommend this company to a friend

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    10 people found this helpful  

    Great place to get hired elsewhere.

    Equity Analyst (Current Employee)
    Chicago, IL

    ProsGreat work-life balance, as you do the job you can work from home, and take almost as much vacation time as you like. Senior management is very inspirational. Brand name of Morningstar is well-known, so it's easy to get hired elsewhere.

    ConsThe pay is low, so the best people leave for other firms. Middle-management is terrible, and is decided by who can stay at Morningstar the longest. A special circle of hell is reserved for HR, which acts as a disciplinarian for passive aggressive managers.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    5 people found this helpful  

    Dealing with sweeping changes, lacking in policy and process

    Vice President (Current Employee)

    ProsGreat brand, flexible hours and mid West culture of niceness all around. Smart colleagues and a can do attitude contributes to success

    ConsNever ending org changes exhausting. Infrastructure and policy enhancements needed, and high employee turnover at all levels. Middle management is ineffective and disincentivized, multitude of tech and IT issues, and ineffective senior sales management leadership.

    No, I would not recommend this company to a friend

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    8 people found this helpful  

    Extemely low pay for developers

    Database Administrator (Former Employee)
    Chicago, IL

    ProsGreat senior leadership, good company, industry name recognition, free sodas and coffee

    ConsThey outsource most of their software development and support to China to save money, making it difficult to communicate and collaborate. There are some sharp coworkers in the China office to be sure, but there's a lot of low quality cheap labor there too. Morningstar is extremely frugal on the salary front. Pay is very poor. A few years back they did a salary survey, but rigged the thing from the start by considering themselves a "publishing" company to get placed up against book publishers and magazines rather than the financial companies out there who pay much better. Morningstar would have you believe they're closer to Random House than Goldman Sachs.

    Advice to Senior ManagementYou get what you pay for. All the Booth MBA's in the world won't make up for half rate developers on the other side of the world. As the company continues to grow, web presence in particular, the cracks will increase and be harder to hide.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    data analysis intern

    Data Intern (Former Employee)
    Brooklyn, NY

    ProsI learned methodologies to calculate the shares excluding the the options and other dilutive warrants.

    ConsThe data work is repetitive and learning curve is not sharp.

    Advice to Senior ManagementTry to assign the data analyst on different teams and then choose the favorite one.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Disapproves of CEO

    4 people found this helpful  

    Nice work place for Project Manager not developers.

    Senior Developer (Current Employee)
    Chicago, IL

    ProsNice work place for Project Manager, they can decide any unrealizable schedule and not care developers' substation.

    Conswould rather not to say here.

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Morningstar reviews and ratings — including employee satisfaction and approval rating for Morningstar CEO Joe Mansueto. All 71 reviews posted anonymously by Morningstar employees.