Pros

1) Short hours
2) Good, comprehensive benefits
3) Funny, interesting people
4) An excellent vacation policy ("take as much as you want" officially, but unofficially four weeks)

Cons

Some managers are not mindful of the implicit trade-off of Morningstar's compensation scheme: lower pay for leisure time. If you have a slave-driving manager, Morningstar's leisure-time advantage is nil; you might as well just quit.

Advice to Senior Management

Make an effort to rein in the (rare) slave-driving managers. They destroy morale and increase turnover.