Moody's – “Good palce to work but the lack of a clear response to the crisis negatively affected employees' morale”

Pros

Moody's offers a good life and work balance, managers are normally respectful of this. There is a exchange of knowledge, and colleagues are usually available to help. It is an intellectually challenging job that gives the possibility of developing a real knowledge on an asset class or a market. The job security is also pretty high. REdundancies only occur in case of big restructurings, it happend at the end of 2007.

Cons

Career possibilities especially after the recent crisis are fairly limited, and the company is in a stationary state. No retention policy, promotions by seniority in the job, and salary discrepancy between the senior employees that progressed in their carreers before the crisis and the one that joined around 2007.

Advice to Senior Management

A lean structure would probably better palce the comapny towards the challenges of a new financial environment. A restructuring is needed in orther to be ready to capture future market possibilities. This would also allow to incentivize the remaining employees that are now generally affected by a lack of motivation from the economic point of view but also from the professional one because they feel that we have no clear direction to take.