Morningstar

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

5 people found this helpful  

Good work culture, nice people, low salaries, limited career opportunities

  • 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

Great work culture.
Good helpful people.
Nice office.
Easy to talk to senior management.
Great work-life balance.
"Unlimited" days off (which means take reasonable time off).
Well known and respected name.
6 week paid sabbatical every 4 years.

Joe Mansueto is an inspiring icon and can be seen walking around the office - very polite, nice and approachable.

Cons

Very low salary, way below market, though management claims the "overall package" meets market levels. I would much rather they told us the truth and not spent all that money hiring consultants to conduct an eye-wash survey. None of the employees were fooled.

Career development/opportunities are not as good as advertised. HR sells you the job as an entry point to other opportunities but they are hard to come by in reality. Management wants to keep salaries low, so employees reach a dead end pretty quickly and leave.

Advice to ManagementAdvice

Make the effort to listen to your employees.
Free bagels/coke and good environment does not replace a fair salary. Good people are already leaving now that the job market is improving.
Bring in a program to allow more senior employees to try out different positions in the company in a rotational way.

Approves of CEO

317 Other Employee Reviews for Morningstar (View Most Recent)

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  1.  

    stressed from working day and night and from manager

    • 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

    friendly working environment, freedom to develop individual ideas, good teamworks, great IT department, company resources easy to access, helpful HR.

    Cons

    constant stress from manager, long hours of working day and night, taking on way too much responsibility outside my own work scope, and do not get credit for at performance reviews.

    Advice to ManagementAdvice

    raise salary tp workers contributing more to the company to keep them loyal, pay less bonus to those using company as their piggy bank to finish mba and move on, therefore using lots of company resourcse but not devoting much effort and time to better the company's products.

    No opinion of CEO
  2. 2 people found this helpful  

    Not as flexible as they claim to be.

    • 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

    It is a growing company.

    Cons

    Although they claim to be flexible, the company culture does not really promote it.

    Recommends
    Approves of CEO
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