Fitch Ratings

  www.fitchratings.com
  www.fitchratings.com

Fitch Ratings Reviews

Updated October 20, 2014
Updated October 20, 2014
119 Reviews
3.1
119 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Fitch Ratings President & CEO Paul Taylor
Paul Taylor
22 Ratings

Review Highlights

Pros
  • Work-life balance; transferable skills; most co-workers are helpful (in 47 reviews)

  • Great work life balance, nice pleasant work environment and co workers (in 8 reviews)


Cons
  • Senior management does not effectively communicate strategic goals of the company (in 16 reviews)

  • some departments are not flexiblewith work-life balance (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    fun 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 Fitch Ratings

    Pros

    great people to work with

    Cons

    over worked and can be very stressful

    Advice to ManagementAdvice

    none

  2.  

    Good for Work/Life Balance...that's abt it

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

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

    Pros

    This company is great for work life balance. If you are someone looking to see growth in your career this isn't the place to go.

    Cons

    The benefits are horrible. No real maternity leave. You only get 6 weeks disability and you have to use your sick days first! The pay isn't competitive at all! No real review process so there is no guideline on what needs to be done to get promoted.

    Advice to ManagementAdvice

    Give a better benefit package. Consider a different review process where feedback is given on what is needed to move to the next step.

    No opinion of CEO
  3.  

    Great Internship, a lot of work with MS Excel

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

    I worked at Fitch Ratings as an intern (less than an year)

    Pros

    Fitch was filled with great and smart people. The offices were nice (free coffee, soda) and include access to a gym. The work was challenging and I learned a tremendous amount about using MS Excel and analysis. There were two field trips (CBOE, Chicago Fed) and presentations by each department about what they do.

    Cons

    Work sometimes became tedious. Seemed like people could become too content at this job.

    Recommends
    No opinion of CEO
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  5.  

    It's a club for white males

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director in New York, NY
    Former Employee - Managing Director in New York, NY

    I worked at Fitch Ratings full-time (more than 10 years)

    Pros

    Satisfying mission, good work-life balance, great opportunities for junior people to learn. It is hard to get fired from Fitch.

    Cons

    Don't benefit from a diverse dialogue, political and clique-y, opportunities for growth and development are stifled. The executive management team is white males in their forties and fifties. Strong women have left the firm because they are not valued.

    Advice to ManagementAdvice

    Need to hire managers who manage, rather than lead business units

    Doesn't Recommend
    Positive Outlook
  6.  

    Pleasant work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

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

    Pros

    Work/life balance is great. Good place to work if you have a family. Most people are great mentors and very helpful. Management is very helpful in giving you the opportunity to grow.

    Cons

    Salary could be much better. Seen people leave because of that. Also, I've seen people leave because of a few uncooperative personalities. One person who is difficult to work with will make it difficult to stay with the company. Regulatory issues means more reporting and data recording, which means much of the work consists of documentation.

    Advice to ManagementAdvice

    To keep good talent, must be willing to bump up salary.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Great work life balance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Director in New York, NY
    Current Employee - Associate Director in New York, NY

    I have been working at Fitch Ratings full-time (more than 3 years)

    Pros

    Learn a lot and great people.

    Cons

    Pay raises are below real inflation.

    Advice to ManagementAdvice

    N/A.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    The job is what you make of it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Director in London, England (UK)
    Current Employee - Senior Director in London, England (UK)

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

    Pros

    Flat management structure. Good place for self-starters, not so good for those who need constant supervision and to be told what to do. (For example, if you write a report and want to do a video for the website, no one will tell you "no" -- but not many people take this initiative, instead complaining about no career progression -- earn it first). CFA sponsored studies. Build core credit analysis and financial analysis skills as well as sector or industry expertise. Fair pay for fair work with nice benefits and time off. Accepting of junior analysts' input and views. Not a hyper-competitive environment where other analysts sabotage your work to improve their standing. Never had to cancel a holiday. Mentors available for those with some networking and interpersonal skills. International travel for those with some intellectual curiosity (business class on long-haul flights even for junior analysts) and relocating to international offices also quite common. Not a place to make a killing and retire at 30, but a good place to become a respected professional.

    Cons

    Seen as small in the market compared to SP & M (eg. still a rating agency for banks). Somewhat political office environment, but nothing compared to investment banking. Bit of a quiet "library" work environment best suited for those with poor social skills but analytically inclined. Not necessarily a place where you will make close friends. Most senior people have families and go home to their kids instead of working late. Minimal interaction with clients or investors, sadly, but better access to company management than other industry analysts who only talk to IR. Salary and bonus levels are below banking / asset management industry average, but in line with other "financial information providers" such as Reuters and Bloomberg. Work can be repetitive and tedious at times. Travel can also be demanding. High turnover of junior staff is an issue.

    Advice to ManagementAdvice

    Start a mandatory mentioning program to ensure junior analysts feel looked after.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Avoid even if you are unemployed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in London, England (UK)
    Current Employee - Analyst in London, England (UK)

    I have been working at Fitch Ratings full-time (more than an year)

    Pros

    They will hire anyone, good holidays, free stationery, nice people, strong position in a monopoly market, pay for CFA, interesting work

    Cons

    NO career progression, very high staff turnover, low low pay, they will hire anyone, do not tackle the many underachievers, invisible senior management (link that to senior level underachievers). Do not join even if you are unemployed take your chances in an organisation that values your work output and does not desperately search for irrelevant press headlines from flawed research and forgets what the clients pay us to do.

    Advice to ManagementAdvice

    Increase pay, take staff development seriously, prepare yourself for losing your lofty position in a cosseted protected market as you fail to invest in staff retention and development.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Intership review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in New York, NY
    Former Employee - Intern in New York, NY

    I worked at Fitch Ratings as an intern (less than an year)

    Pros

    Great atmosphere
    Great learning experience
    Amazing office culture, relax though professionnal and challenging

    Cons

    Challenging period (crisis)
    Internship was not leading to a potential full time position

    Recommends
    No opinion of CEO
  11.  

    Nice first job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Quantitative Financial Analyst in Monterrey, Nuevo León (Mexico)
    Former Employee - Quantitative Financial Analyst in Monterrey, Nuevo León (Mexico)

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

    Pros

    Good networking
    Lots of knowledge
    Good benefits
    Nice salary for a first job experience

    Cons

    Very repetitive job
    Growth is slow, since it depends on time within the company

    Recommends
    Approves of CEO

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