Morningstar
3.4 of 5 247 reviews
www.morningstar.com Chicago, IL 1000 to 5000 Employees

247 Employee Reviews (View Most Recent)

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2 people found this helpful  

Great work/life balance, but very low pay and unclear career trajectory.

Data Analyst (Current Employee)
Chicago, IL

I have been working at Morningstar full-time

Pros-Very relaxed environment (probably with the exception of Product Support).
-Typically 40-50 hours of work per week
-Very nice managers, no big egos to worry about, you will never get yelled at.
-Many opportunities to make a business impact.
-Lunches with senior executives.
-Places well at Kellogg and Booth part time programs (not full time however).
-Amazing vacation policy and summer hours
-Partial Tuition/CFA support
-Patio parties
-Improving reputation among media.

Cons-Well below market pay throughout the firm (i.e. Data Analysts typically start at 45k).
-Shortage of middle managers.
-Limited exit opportunities (you won't be doing traditional finance in most roles).
-HR is largely uninvolved in supporting employees once hired (MDP status is unhelpful).
-No clear career trajectory, you have to apply and interview for any new position.
-Not always a meritocracy, working hard is often unrecognized.

Advice to Senior ManagementMorningstar is a good company with great people and strong senior leadership in a struggling industry. Unfortunately, the firm fails to fairly compensate employees at most levels, leaving many of the most talented employees to view their position as just a job, not a step forward in their career development. To that same end, HR needs to help implement a competency model that allows employees to develop a realistic and meaningful career trajectory. Finally, please consider adding more headcount at the middle management level, which will allow junior employees to remain motivated in their career progression.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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2 people found this helpful  

Good company to start your career at

Anonymous Employee (Current Employee)
Chicago, IL

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


Pros: Great benefits but fair pay Cons: Virtually little to no opportunity for advancement. Heavy emphasis on hiring college graduates with little experience. Majorirty of employees are interested in career development,… Advice to Senior Management: Pay more attention to what is actually happening in each SBU, listen to the employees and appoint true leaders. A good leader isn't one… No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

1 person found this helpful  

Great environment, good people

Manager (Former Employee)
Chicago, IL

I worked at Morningstar full-time for more than 5 years


Pros: The people are great, and the work environment is fun… Cons: Can be a bit disorganized because of the way business is siloed. This is not really a bad… Advice to Senior Management: Be very careful as you move toward strengthening core businesses and trimming profitable ones on the periphery. … Yes, I would recommend this company to a friend More

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