There are newer employer reviews for Morningstar

 

Overall a great place to work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Director Business Development  in  Chicago, IL
Current Employee - Director Business Development in Chicago, IL

I have been working at Morningstar full-time for more than 8 years

Pros

-good work life balance and you are not expected to work long hours
-work with other smart, young, energetic people
-great company culture and values
-good benefits: no vacation or sick day policy, get a 6 week paid sabbatical every 4 years

Cons

-lowish compensation
-not very innovative lately and focusing more on cutting expenses

Advice to ManagementAdvice

-need to attract some top development talent

Recommends
Neutral Outlook
Approves of CEO

286 Other Employee Reviews for Morningstar (View Most Recent)

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  1.  

    Its a great place to work and build a career

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

    I have been working at Morningstar full-time for more than 10 years

    Pros

    Company focuses on producing great products that help improve peoples lives. A lot of very smart motivated people to work with and learn from. Morningstar really values its people.

    Cons

    The company's infrastructure is fairly old and in some cases, out of date. However, there is are a lot of resources being focused on improving technology so, that's really good.

    Advice to ManagementAdvice

    R&D needs more investment.

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 3 people found this helpful  

    Poor managment and organizational structure

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

    I worked at Morningstar full-time for more than 3 years

    Pros

    The benefit package seems to be the only positive to the company. However, because their policies aren't consistent across the business lines, there seems to be discrimination on what some of benefits are for employees depending on what business unit your work for except for health care benefits.

    Cons

    Morningstar has really poor talent in their management and organizational structure. There is no leadership and it still operates as though the company is small, private and working out of an apartment. They have not been able to change their internal structure to match their growth. The culture allows poor performers to do well and not produce but penalizes those who are productive, results oriented and could be instrumental to their growth. If I were a stock holder I would be very concerned.

    Advice to ManagementAdvice

    Get some outside consulting to come in and direct a re-engineer of the company. Get some new, experienced leadership that will performance manage the non-productive employees out and offer more incentives, salary and growth potential for those who produce. Basically, you need to clean house and bring in the talent you need in your management and human resource to grow and sustain. It is not just the employee satisfaction you should be concerned about but also customer satisfaction

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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