Fitch Inc – New York, NY
Fitch Ratings currently seeks a persuasive and assertive Director with capital markets experience to join our Corporate Finance Business and… Glassdoor
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- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I have been working at Fitch Solutions full-time for more than a yearPros
Relaxed atmosphere. It's your 9 to 5 job. You can pretend you are busy and keep pushing deadlines. Since the senior boss is usually busy planning vacations and eat outs, you can very easily “pretend” to be busy too. Benefits are good. This is only because Fitch Solutions is a part of the Fitch GroupCons
Dogmatic to the point that “my way or the highway” rules. Old school in every possible way. You will survive if you have a family that you want to go back to, do a few meetings in a day and treat your time at work as a job – not a career. For all those who wanted a career, the “my way or the highway” leaders ensured that the enthusiastic employees left. Any good suggestions that are made are received with a “It is above your pay grade” comment. Come here if you can leave your desire to excel at home.
Zero growth. Really, how can any of the “pros” take you anywhere. No clue where the company is headed and what’s needed to achieve the goals. Well on second thoughts, there are no goals.
In the last one year, in product development alone, over 8 people left the company and none were hired. Not to mention the sales organization where it’s hard to keep a count of the colleagues that have exited.
No new products for the sales to sell. Sales has to push really hard not only to sell the research and content but also educate the market that there exists a company called Fitch Solutions. Despite these flaws the product team wants the organization to believe that Fitch is better than Bloomberg.
HR is present only during the hiring process or during exit interviews. If HR were a more active organization, it could have easily prevented these reviews.Advice to ManagementAdvice
It’s a shame that the senior management could never see the flaws. If one group has so many people leaving, the flaw cannot be in all the people that have resigned. There is a flaw in the leadership – the person so called “heading” the group
And yes, please stop saying we are better than Bloomberg. Prove itRecommendsNegative OutlookDisapproves of CEO