Morningstar

  www.morningstar.com
  www.morningstar.com

Morningstar Reviews

301 Reviews
3.3
301 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Morningstar Chairman and CEO Joe Mansueto
Joe Mansueto
213 Ratings

Review Highlights

Pros
  • Great work/life balance as most people work no more than 45-50 hours per week and casual dress code (in 61 reviews)

  • The work environment is terrific: very collaborative, with a lot of smart people employed there (in 35 reviews)


Cons
  • High staff turnover at all levels including senior management (in 14 reviews)

  • Very low pay (as an analyst) compared to other companies in the financial industry (in 11 reviews)

More Highlights

40 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Excellent company to work for

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

    I have been working at Morningstar full-time

    Pros

    The people are very bright and motivated. There are a lot of free trainings and career development services available. The benefits are top of the line.

    Cons

    There is a high workload, which is true for most employers. But, the type of work is very interesting, which makes it completely worth it.

    Recommends
    Approves of CEO
  2. 2 people found this helpful  

    Great Place to Work

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

    I have been working at Morningstar full-time (more than an year)

    Pros

    Entrepreneurial, surrounded by very smart people in a challenging work environment. There are a lot of projects to go around and managers are constantly willing to put employees in positions to succeed.

    Cons

    Lots of resource constraints for large projects can create problems. The org structure is developing, but there is still a bit of a ways to go in order to feel like there is a clear understanding of how everything works.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    You will find a home here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager, Software Development in Chicago, IL
    Current Employee - Manager, Software Development in Chicago, IL

    I have been working at Morningstar full-time (more than 10 years)

    Pros

    Great people
    Great atmosphere
    Amazing work life balance

    Cons

    Morningstar is going to major org changes that can turn out either way.

    Advice to ManagementAdvice

    Remember what worked the past and what got to to where you are today. All companies have to grow and change, but don't lose the entrepreneurial spirit.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Entrepreneurial

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

    I have been working at Morningstar

    Pros

    Lots of ownership for projects.

    Cons

    Not a very competitive environment. Some works get boring.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful  

    Great company, great values

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

    I have been working at Morningstar full-time (more than 10 years)

    Pros

    The CEO is smart and sets a high ethical standard. The company's exceptional long-term growth has created many opportunities for employees. The work environment is terrific: very collaborative, with a lot of smart people employed there.

    Cons

    I can't really think of any.

    Advice to ManagementAdvice

    Keep doing what you're doing.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Product Manager Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Manager in Chicago, IL
    Former Employee - Product Manager in Chicago, IL

    I worked at Morningstar as an intern (more than an year)

    Pros

    -Excellent corporate culture
    - Room for advancement
    - Managers care about your growth, and are very flexible
    - Amazing work life balance

    Cons

    None. Morningstar is an incredible company

    Advice to ManagementAdvice

    Get more involved with interns and lower level employees

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Great people, great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Intern in Chicago, IL
    Former Employee - Marketing Intern in Chicago, IL

    I worked at Morningstar as an intern (less than an year)

    Pros

    -My bosses were extremely nice, understanding and supportive
    -I got to do a variety of functions on the marketing team
    -Employees at Morningstar are approachable for anything - whether that be for advice or information about what they do

    Cons

    -I got to do a variety of things, but some of what I did was very dull and boring
    -The Morningstar Development Program isn't geared towards people who want a true financial services/analyst type job

    Recommends
    Positive Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Great place to work

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

    I have been working at Morningstar full-time (less than an year)

    Pros

    The people are great. Very smart and very we'll rounded. The environment is very welcoming, and friendly. It is a great place to work.

    Cons

    I cannot think of anything at this time, it is a great place to work. Chicago is a great city and there's always great food nearby. Love the icy and I love working at Morningstar.

    Advice to ManagementAdvice

    Keep up the great work!

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Excellent Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Data Analyst in Chicago, IL
    Current Employee - Data Analyst in Chicago, IL

    I have been working at Morningstar full-time (more than an year)

    Pros

    Great company to start a career at. The compensation is a little low but the company is young and the work is very flexible. You also have a lot of flexibility to move around the company.

    Cons

    Compensation can be a little low. Some of the divisions have a bottle neck after the first couple of promotions.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 6 people found this helpful  

    Morningstar: It's Like Being in a Family with Cheap Parents

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Manager in Chicago, IL
    Current Employee - Client Manager in Chicago, IL

    I have been working at Morningstar full-time (more than 5 years)

    Pros

    - Collaborative and team-oriented culture where most employees truly care about their respective projects
    - Rapport among employees is like that among casual friends
    - Many teams have excellent morale and a strong sense of purpose
    - Work-life balance ratio is amazing; you can take a vacation almost whenever you want, for how long you want, and it's not uncommon to work 7-hour days

    Cons

    - Compensation is variable; pay raises/bonuses are all over the map, with the company erring on the conservative side for most employees
    - Some of the technical employees are very hard to work with because they a) speak little English b) are in China/India c) are difficult people to begin with and/or d) are not motivated. Every employee should be required to learn about our clients, who they are, how we serve them, etc. We should also treat employees as "internal" clients, if you will.

    Advice to ManagementAdvice

    Given the fast-paced and demanding nature of our work, Morningstar should work on hiring people that have a history of being easy to work with (through references, multiple interviews, etc.) and then truly rewarding those who shine in the workplace so as to retain talent. "Rewarding" in the past has sometimes meant getting a 2% pay raise when your team's revenue just grew 15% YOY, so management should realize that employees know how their groups are performing, and expect to be given raises accordingly.

    Recommends
    Positive Outlook
    Approves of CEO

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