There are newer employer reviews for Morningstar

Great Benefits. Casual work place

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Morningstar

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Very Flexible. Open Culture within the company

Cons

Flat organization. Lot of re-org in recent years.

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  1. Helpful (5)

    Company has good reputation and will pay you less for it

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

    I worked at Morningstar full-time (more than 3 years)

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

    Pros

    The overall culture is good and the people are very nice mostly. A very young company with a liberal feeling.

    Cons

    The pay is a joke compared to the industry and everyone there knows it. Management is very cheap and bonuses are generally 4-8 % of your salary which is also well belwo industry average.

    Advice to Management

    Spend more money and retain talent, the past two years at the company has been a revolving door due to low pay.

  2. Helpful (7)

    Great place to work if you aren't in it for the money.

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

    I have been working at Morningstar full-time (more than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Excellent benefits, generous vacation, 6-week sabbatical every 4 years, relaxed environment, casual dress code, weekly bagel day, monthly patio parties in summer.

    Cons

    Many employees are not paid what their peers in other companies are paid. This problem is widespread and prevalent. Company began an initiative in 2012 to provide more transparency and better expectations with regard to compensation structure, but initiative seems to have fallen flat in 2013. Year-end bonuses for 2012 paid out in 1Q 2013 were well below the target expectations communicated in early 2012.

    Advice to Management

    Pay your employees what they are worth, so that the company doesn't continue to lose well-qualified employees to competitors. It seemingly would be more fiscally responsible to shareholders to retain the expertise, knowledge, and experience of established employees rather than hiring and training new employees on a frequent basis.

There are newer employer reviews for Morningstar

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