Fitch Ratings Reviews

Pros

Mangement is fair, decent and smart.
Attentention to quality and integrity are high.
Management is actively engaged in improving product and work environment.
Pay is okay.
Benefits are good.
Offices are nice
Colleague are great.

Cons

Poor technology infrastructure creates frustrations and reduces productivity.
Fitch is a smaller competitor in Industry.
Pay is somewhat low compared to bigger competitors.

Advice to Senior Management

Management can be penny wise and pound foolish. The company refuses to invest in adequate information technology,forcing wasted effort. They are stingy with pay, but that's common to most businesses. I would suggest management should try to keep highly productive employees by rewarding them better and giving them the technology to do a great job.

Pros

I find Fitch much less stressful than other places i've worked. If like me, money is not your biggest priority in life & you just want to be happy, then Fitch is a great place for you.

I think the benefits package is quite good.

Cons

Money a bit on the lower side than competitors. There are some staff who monkey around all day but i guess you'll get that anywhere you work.

Advice to Senior Management

My manager is fantastic - calm & relaxed about everything. It would be good if all the managers could be like that.

Pros

They have a balance between personal life and work

Cons

It is kind of difficult to be promoted

Pros

- Flexible Work Environment
- Excellent People
- Good Camaraderie
- Very Interesting Work

Cons

The industry is under intense external scrutiny and faces a notable regulatory burdens.

Pros

Good chance to have regional exposure and build up broder view of market. Good balance of work and life. Good people.

Cons

Acceptable compensation and benefit package. Overall workload has notablly increased due to the increased regulation requirement after the global financial crisis.

Advice to Senior Management

Can consider increase the headcount in those rapidly growting markets such as greater china to accomondate the increase in market demand.

Pros

Depending in which group you work, you can learn a lot down to nothing. Some analysts and managers have outstanding experience and skills which make it worthwhile to work for and with them. Very fair working environment, once people trust you, you can do a lot and get far reaching decision making power.

Cons

At the lower end of compensation in the industry, S&P and Moodys pay about 30-60% more while working environment may not be as good. Senior management sometimes works only for itself but lacks a clear objective what they want to achieve for the group. High staff turnover.

Advice to Senior Management

Outperformers should be kept through a clear-cut compensation scheme

Pros

1) High level of respect towards employees
2) Good work-life balance

Cons

1) Low compensation
2) Top performers are not given the recognition they are due

Advice to Senior Management

Keep the top performers happy

Pros

Work- life balance
Good brand name

Cons

Salary- on the lower side
Bonus is terrible
No real growth opportunities
Too much time wasted on new templates, compliance and policies
Most of the good employees just passing time and looking out

Advice to Senior Management

Invest in employees, and try to retain at least some of them

Pros

Work environment very relaxed. Benefits are very good; only if you're not married, pregnant or have children. Able to have a life outside of Fitch

Cons

If you're white, pretty/handsome and know how to kiss butt, you'll go very far. Promotions, raises and praise on a job well done have a lot more to do with personality and who you have lunch with, than how good you are at your job.

Advice to Senior Management

Management really needs to change. Being more with active employees is key. There seems to be no motivation for real progress.

Pros

Good work / life balance
Training / Growth Opps
Nice colleagues
Location - heart of City - although will change soon!

Cons

Compsensation lacks any real clarity - i.e salary in the same job title can differ wildely
Pockets of 'dead wood' - especially in snr management
Can be a very political environment

Advice to Senior Management

HR needs to get a handle on what it takes to keep (good) employees
Remove those managers 'managing agendas' and replace them with company objectives
Fitch could be a great company with a few tweaks!