Fitch Ratings
3.0 of 5 93 reviews
www.fitchratings.com New York, NY 1000 to 5000 Employees

Fitch Ratings Reviews

Updated Mar 22, 2014
Fitch Ratings – London – “Main office”

All Employees Current Employees Only

3.0 93 reviews

                             

47% Approve of the CEO

Fitch Ratings President & CEO Paul Taylor

Paul Taylor

(15 ratings)

61% of employees recommend this company to a friend
93 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Work-life balance; transferable skills; most co-workers are helpful"
    in 37 reviews
  • "stable company, clock in, clock out, if you have no ambitions, great place to hang your hat"
    in 7 reviews
Cons:
  • "Senior management does not effectively communicate strategic goals of the company"
    in 15 reviews
  • "That work-life balance thing that other people mention on this board"
    in 3 reviews
  • Show more review highlights

Reviews

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  • Approves of CEO

1 person found this helpful  

Fitch is OK, but....

Anonymous Employee (Current Employee)
New York, NY

I have been working at Fitch Ratings

ProsWork 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

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

Yes, I would recommend this company to a friend

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Fitch - Good place, few caveats

Senior Director (Current Employee)
New York, NY

I have been working at Fitch Ratings

ProsIf you are 45, tired of banking, and want to spend time with your kids, Fitch is the place to be. Its an easy place to work, there arent many requirements at hiring stage etc. Also, most competent analysts leave within their first 18 months, so it doesnt take a lot to use old assumptions to work through, as some one else would have created the models before you.

ConsUnless you are white, or from London or in some cases from NY, you wont make it to any of the MDs or GMDs for any of the three rating groups - Corporates, Banks and Structured Finance. Compensation is 30% lower than Moody's or S&P. Investors dont prefer Fitch, and its currently number three going towards number four in the industry. Also, its French.

Advice to Senior ManagementNone. Senior management does well for itself.

No, I would not recommend this company to a friend

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Contract Designer

Designer (Current Employee)
Chicago, IL

I have been working at Fitch Ratings

ProsGood work enviroment, helpful managers and staff, great location, good hours, great learning opportunity, building gym( for full time employees)

Conscontact workers compensation is on the low end. Contract workers are also not granted access to company/building gym.

Advice to Senior Managementkeep your contract workers in the loop about possible job opportunities for regular full time placement.

Yes, I would recommend this company to a friend

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Fitch is an okay place to grow your financial career.

Anonymous Employee (Former Employee)
Chicago, IL

I worked at Fitch Ratings

ProsVery good place for recent graduates and experienced hires with in-depth knowledge of a specific industry. Good experience in learning how to use financial models, present to committees, and write industry reports.

ConsIt can be extremely political place to work. Promotions and recognition are often based on relationships not on professional skills and aptitude. Junior and experienced analysts often leave to get higher pay and recognition at Wall Street firms. Office locations outside of NY can be a disadvantage for experienced hires. They are often not really included in key client accounts or strategic initiatives.

Advice to Senior ManagementSpend some time developing the offices outside of New York.

Yes, I would recommend this company to a friend

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Associate Director at Fitch

Associate Director (Current Employee)
New York, NY

I have been working at Fitch Ratings

ProsThis is a great place to work if you like a congenial environment, with lots of young energy, and room to grow.

ConsCurrent management has been in place for a very long time; they don't seem very open to change.

Advice to Senior ManagementBring in some new blood, people that have worked on the street in senior management positions to revamp the programs and bring them in line with the current environment.

Yes, I would recommend this company to a friend

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Good place to learn

Credit Analyst (Current Employee)
New York, NY

I have been working at Fitch Ratings

ProsGood work-life balance
Valuable early career experience to be gained here

ConsPotential for higher compensation
Analysts often make poor managers

Advice to Senior ManagementMake compensation for mid-level employees more competitive
Communicate to employees about all the negative press about rating agencies more frequently.

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Fitch - decent place to work

Anonymous Employee (Current Employee)
New York, NY

I have been working at Fitch Ratings

Prossmart people, with a very good work-life balance. Fitch maintains reasonable hours for its employees and many people who choose to stay, do so for a long period.

ConsLimited creative thinking, bureaucratic. The pay is also lower than other firms of its kind. But, from what reports show, employees at Fitch are happier than those analysts at their counterparts.

Advice to Senior ManagementContinue to rely on the credit side of the business and continue to communicate outward more often, even if it's to share bad news about the company.

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Disorganized place with no clear direction

Anonymous Employee (Current Employee)
New York, NY

I have been working at Fitch Ratings

ProsSmall enough to be able to shine
benefit package is pretty decent
relatively laid back

Consreview performance is not fair
raises do not make sense
titles make no sense either
oay is on the low end for many jobs
Senior Management does not communicate with rest of the firm
your boss ends up being everyone

Advice to Senior ManagementMore communication and a better performance review process.

No, I would not recommend this company to a friend

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Nice place to work

Anonymous Employee (Current Employee)
Chicago, IL

I have been working at Fitch Ratings

ProsFitch has excellent benefits, a laid back atmosphere, and the people are nice for the most part.

ConsOlder workforce, no company culture, and, at least for my department, very little room to grow.

Advice to Senior ManagementImplement work from home program and casual Fridays

Yes, I would recommend this company to a friend

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Good balance - pay not best

Director (Current Employee)
New York, NY

I have been working at Fitch Ratings

Pros+ Good work & life balance
+ Great learning experience
+ Decent base salary

Cons- Bonus mediocre
- Poor communication from management
- HR area is weak
- No maternity benefits

Advice to Senior ManagementHR needs to be improved; Maternity benefits need major improvement

Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Fitch Ratings reviews and ratings — including employee satisfaction and approval rating for Fitch Ratings CEO Paul Taylor . All 93 reviews posted anonymously by Fitch Ratings employees.