Morningstar

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271 Employee Reviews (View Most Recent)

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4 people found this helpful  

Overworked and under compensated

Data Analyst (Current Employee) Chicago, IL

Pros- The company prides itself on helping the individual investor, which is a belief to which most employees truly subscribe.
- Free lattes and casual dress are incentives that some employees really enjoy, but don't outweigh the cons.

Cons- Management struggles with decisions on how to best structure the firm, and as such there have been multiple large-scale reorganizations in recent history.

- Compensation is severely below market for finance and IT professionals. Compensation is also awarded from top-down success of the company, and, as such, the (financial) incentive for individual business units to strive for success is completely eliminated.

- Flat management structure and segregated business units leave little chance for upward mobility.

- Many groups are very understaffed, so the promoted "work-life balance" that Morningstar prides itself upon is simply not true.

Advice to Senior Management- Hire outside consultants or those with executive management experience OUTSIDE of Morningstar. Remove the flat management structure and increase compensation to retain truly talented employees. Stop wasting money by providing so much tuition assistance to people who will only use those advanced degrees to receive market wages at another firm.

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

    • Culture & Values
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    4 people found this helpful  

    not a place to stay long

    Anonymous Employee (Current Employee)

    I have been working at Morningstar full-time

    Pros: Good benefits Work life balance Friendly coworkers Great work environment Cons: low base salary no opportunities to be promoted tedious job everyday Advice to Senior Management: Pay attention to high turn-over rate and improve rewarding strategy across the whole company. You have a… No, I would not recommend this company to a friend More

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

     

    Account Manager

    Account Manager (Former Employee) Chicago, IL

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

    Pros: Very cool benefits and promotes a friendly environment. Cons: Huge culture change. Hard to advance career. Yes, I would recommend this company to a friend More

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