Fitch Ratings

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Fitch Ratings Reviews

Updated Jul 10, 2014
Fitch Ratings – London – “Main office”

All Employees Current Employees Only

3.1 98 reviews

47% Approve of the CEO

Fitch Ratings President & CEO Paul Taylor

Paul Taylor

(17 ratings)

64% of employees recommend this company to a friend

Review Highlights

Pros
  • Work-life balance; transferable skills; most co-workers are helpful(in 42 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)

  • some departments are not flexiblewith work-life balance(in 4 reviews)

98 Employee Reviews
Relevance Date Rating
in
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Lack of leadership, no performance reviews, poor management, no compensation, passive HR

    Director (Current Employee) New York, NY

    ProsHealth Benefits are very good

    ConsPoor leadership and management, Passive HR department, No compensation for extensive hours, No performance reviews, Boys Club mentality, Women overlooked at upper management level

    Advice to Senior ManagementOutline a clear vision for company, Reorg senior management, Issue performance reviews and create a pro-active HR department

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    3 people found this helpful  

    Depressing, stiffling, unmotivating atmosphere

    Anonymous Employee (Current Employee) New York, NY

    Prosstable company, clock in, clock out, if you have no ambitions, great place to hang your hat

    ConsTerrible work life balance, no working from home allowed.

    Some days Big Boss just wants you to show your face around the office late to appear like your working hard without need to do real work, just google late in the office & boss will be happy if you do that.

    Easy to get promoted - the person who puts in the most hours wins
     no real talent needed or rewarded

    Fuzzy goals, no organizational chart, no performance review till last year, big boss said performance review is a big waste of time. Last year's attempt failed when big boss doesnt buy it & is being forced.

    Oppressive one-way do it my way or the highway management style

    Advice to Senior ManagementGet rid of the man if he does not fix your issues, you set the atmosphere in the office. Message to employees is you can spend millions of dollars without accountability.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    3 people found this helpful  

    Neutral about the place

    Director (Current Employee) New York, NY

    ProsGreat exposure and a very public role. Markets keenly follow analytical commentary. Can add brand value to your resume. Good work life balance.

    ConsPathetic bonus. Average benefits when compared to peers. Disgustingly low pay - probably even below Moody's and S & P. Zero stock options. The French like to keep it all for themselves. In short the place cant be a long term career option. Get the name on yr resume and then get the hell out.

    No, I would not recommend this company to a friend

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

     

    A good plae to work

    Anonymous Employee (Current Employee) New York, NY

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

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

    Yes, I would recommend this company to a friend

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

    1 person found this helpful  

    Fitch is OK, but....

    Anonymous Employee (Current Employee) New York, NY

    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

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Fitch - Good place, few caveats

    Senior Director (Current Employee) New York, NY

    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

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Fitch is an okay place to grow your financial career.

    Anonymous Employee (Former Employee) Chicago, IL

    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

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

     

    Contract Designer

    Designer (Current Employee) Chicago, IL

    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

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

     

    Associate Director at Fitch

    Associate Director (Current Employee) New York, NY

    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

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good place to learn

    Credit Analyst (Current Employee) New York, NY

    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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