There are newer employer reviews for Morningstar
There are newer employer reviews for Morningstar

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Great company - left due to some slightly bad luck

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Head of Applications Development in Chicago, IL
Former Employee - Head of Applications Development in Chicago, IL

I worked at Morningstar full-time (More than 5 years)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

I was free for almost the entirety of my time at MStar to propose the best solutions to problems, and then apply those ideals to what could actually be accomplished within business constraints. Great colleagues within our division and across the enterprise. Senior management was always supportive as well. For entry and mid-level staff you won't have problems building a career here - for more senior folks, as always, there has to be a little luck as well, for the right position to be available at the right time. Comp and benefits are more than fair, and the work is as challenging as you make it.

Cons

Can't think of any except to ask potential colleagues during the interview process about their direct management chain. 95% are great to deal with. If those folks are happy, and you're willing to work hard, you will likely be, too.

Advice to Management

Listen to your folks. You do a great job of living your values. When a couple of people stray from that, it stands out in sharp relief. I tried to communicate that, and thought I was heard fairly, but, unfortunately, felt there was no way to be happy and stay. My results may be anomalous (almost by definition), but they are mine...

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  1. Helpful (2)

    Without clear direction or leadership

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

    I worked at Morningstar full-time

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Until they were cut significantly after moving into their $50million dollar head quarters, the benefits were the best I've seen. Great people

    Cons

    Most of management have only ever worked for Morningstar so their view of the world and how things work there are not always aligned with reality


  2. Helpful (1)

    Fantastic benefits, nice CEO, but mindbogglingly incompetent and advantageous senior Managements.

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

    I worked at Morningstar

    Approves of CEO
    Approves of CEO

    Pros

    Great benefits, lovely location, very nice working environment (architecturally).

    Cons

    It's a very comfortable place to work in financially, but not a great place to grow with. I've worked in several divisions of the company and was amazed to see how the senior managements are clueless of what is going on, extremely disorganized, and are never up-to-date with the ongoings in their own group. It is surprising how many of the managers will put their team members to work throughout the night for several days while they go home as the clock strikes 5pm.

    The company pays well, provide great benefits, but at the price of your sanity and personal well-being. I experienced very little growth.

    Advice to Management

    Keep better track of your senior management's practices, and listen a bit more to the cries of your employees because there are plenty of hard working people that are being taking advantaged of.


There are newer employer reviews for Morningstar
There are newer employer reviews for Morningstar

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