Morningstar

www.morningstar.com
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There are newer employer reviews for Morningstar

 

Good

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

I have been working at Morningstar

Pros

[1] Informal, University-like work culture

[2] Lots of collaboration and learning within teams

[3] Open communication between management and employees at most levels

Cons

Nothing that particularly stands out.

Recommends
Approves of CEO

318 Other Employee Reviews for Morningstar (View Most Recent)

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  1. 5 people found this helpful  

    Dissatisfied

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

    I have been working at Morningstar

    Pros

    MBA Tution benefit
    Good Health care
    6 Week Sabbatical after 4 yrs of employment

    Cons

    Salary is at least 30% below Market rate. Management wont agree to this. Recently they got consultants to help them review employer salaries and benefits and found that employers are underpaid. The management always has an excuse that the company grew too fast in very short span. If that's the case then employees at Facebook, Groupon, Google should be working for free! The growth that Morningstar has seen in last 10 years, the above companies have seen 10 months. Low salary is just an excuse to get cheap untrained labor. The senior management that has been with the company for more than decade get very well paid.

    Incompetent Managers - Some of the Product Managers, Team leaders are totally incompetent. Just because they have been with the company for over 10 yrs get the position.

    Too much politics - No body would admit this but even a dumb person who works at Morningstar would realize that Politics is what is killing this Company.

    Advice to ManagementAdvice

    If the CEO and Presidents are really serious about the success of the Company, should try to cut the politics that is chocking company.

    Reward employers with salary that is at least in line with the market rate.

    No opinion of CEO
  2. 2 people found this helpful  

    Pros and Cons are very clear; great launching pad for newbies

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

    I have been working at Morningstar

    Pros

    Good and flexible working hours. A lot of time after work. Great benefits. CFA and Booth MBA are two things many people pursue at Morningstar. Flat working structure. Welcoming environment and good morale. People are helpful. One can excel and will be recognized if you put effort into it.

    Cons

    Below average compensation. Unclear salary policy. Career advancement to middle-level and up seems limited. Less structured in day-to-day management. Hard to get things done if you don't push for it. Work is financial service-related but less tangent to finance than people would think.

    Recommends
    Approves of CEO
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