Fitch Ratings

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Fitch Ratings Reviews

Updated Jul 28, 2014
Fitch Ratings – London – “Main office”

Fitch Ratings – London – “Main office”
All Employees Current Employees Only

3.1 101 reviews

50% Approve of the CEO

Fitch Ratings President & CEO Paul Taylor

Paul Taylor

(18 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)

More Highlights
101 Employee Reviews
Relevance Date Rating
in

    1 person found this helpful  

    Talent not rewarded

    Anonymous Employee (Current Employee)

    ProsRelatively laid back, congenial environment

    ConsTalent not really rewarded, a lot of mediocre people

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

     

    IT at Fitch Ratings

    Anonymous Employee (Current Employee) Moscow (Russia)

    ProsFriendly company, serious position at market

    ConsNon clean stategy of development

    Advice to Senior ManagementDevelop strategy

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good place to be when financial market heads south

    Director (Current Employee) London, England (UK)

    ProsGood place to learn
    Good work environment, friendly colleagues
    Good exposure to market, nice to expose your views

    ConsLow comps
    Mixed bag in terms of competence
    Rating shopping issue still not solved

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great work balance.......nothing else!

    Project Manager/Business Analyst (Current Employee) London, England (UK)

    ProsGreat work life balance
    Management (especially IT) very flexible about work hours
    No stress

    ConsNo ambition to do things correctly
    No desire to embrace new process or technology
    IT team (UK) is trapped in time warp....they have no desire or makes any attempt to update systems.
    US IT is too greedy and hoard all interesting project hence UK IT has very little options.

    Advice to Senior ManagementGet grip and share work evenly between US and UK
    Empower and end courage your staff.

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

    1 person found this helpful  

    If you enjoy financial analysis, it will be hard for others to understand that you actually like your job.

    Analyst (Current Employee)

    Pros-Great people to work with, who are social, willing to explain things you may not understand, and are confident enough in their opinions and colleagues to defend their point, but also see the point of view of others.
    -The educational and continued-learning benefits are substantially greater than other companies I have worked for.
    -Very accommodating between work and personal life, as I've come to understand it and have come to infer from others. There will be times when you have to work your butt off although it never feels forced, and other times when coworkers will be asking "Why haven't you taken a vacation yet?"

    ConsCompared to the workflow in other industries, there aren't a whole lot of downsides, but there are definitely busier portions of the year. Depending on which industry you cover, expect to be a little overwhelmed during year end and quarterly financial releases.

    Advice to Senior ManagementYou're doing a great job, and it's refreshing to work in a setting that bolsters both career and personal growth. Not many places nowadays that instill loyalty to your company, but Fitch is one of them.

    Yes, I would recommend this company to a friend

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

     

    Overhaul/New Approach Needed

    Anonymous Employee (Former Employee)

    ProsThe benefits are not too bad

    ConsThe technological infrastructure is one of the worst I've seen for a company of this size. Lack of direction by senior management. Lots of ideas float around but the focus is ONLY on the present instead of envisioning the effect of decisions made now on the long term future. On the technology side instead of revamping the systems in place completely, the action taken is mostly a "band-aid" approach.

    Advice to Senior ManagementInstead of having the same people come up with the same ideas that clearly does not work, try to have a more open approach to ideas made by others even if they are not on the senior level. Thinking outside of the box is what gets a company ahead. Look back in history and you will see that innovative out of the box thinking is what catapulted some companies to surpass their competitors.

    No, I would not recommend this company to a friend

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

     

    Very good work-life balance and interesting job with responsibility

    Associate Director (Current Employee)

    ProsExcellent work-life balance, very interesting jobs, good access to top management at clients, very good internal and external training support, high degree of responsibility even at junior level, independence, virtually no mobbing, very nice and well educated colleagues, good compensation compared to a corporate banking job, 20% travel, very international team atmosphere, junior to mid level staff get significantly higher degree of responsibility than at Moody's or S&P but significantly lower compensation

    ConsIncompetence of some senior managers in acting as responsible staff managers, no real team work, no significant benefits except pension contributions, long work hour in some departments (e.g. FI, SF), annual bonus on low side, performance reward not in line with effort undertaken

    Yes, I would recommend this company to a friend

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

    2 people found this helpful  

    If you aren't in the right clique you are bound to be mistreated and underpaid

    Senior Director (Former Employee)

    ProsFitch has a great work life balance. I didn't know anyone there who worked more than the required 35 hours, and many of the analyst work substantially less if they are in the "In Crowd." The health insurance is fabulous and is on a sliding scale and they do a decent match on the 401K.

    ConsManagement is awful, no direction is provided and promotions are based on popularity not abilities, so they tend to promote people way past their level of incompetentness. Management will NEVER let you know the criteria you need to meet to get your bonus and you will likely find yourself shaking your head at review time. After the fact they will say "well your numbers were low in this area so your bonus is going to be low" but that number most likely is something you have no control over. Then when you have a really good number in that area, they change the measurement to something else. So you are always chasing your tail but never know by what you will be judged at year's end. Then people who rarely even bothered to work will get bigger bonuses simply because they are more politically connected. Even though I loved my actual job, most of the people there were just downright unpleasant to work with. There are a few good people who take pride in their work and are respectful to others, but they are hard to find.

    Advice to Senior ManagementStop promoting based upon brown nosing and promote based upon proven ability to LEAD.

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

    1 person found this helpful  

    Bored!!!

    Stagnent Place to Work (Current Employee) London, England (UK)

    ProsFitch is great place to work as people are very nice, good work life balance and its a big brand name within the Financial Services industry.

    ConsBut thats as far as my compliments goes, this place lacks serious leadership and the development team does not follow any framework or methodology hence they either over estimate or ridiculously underestimate work and consequently do not deliver things in time!! You would expect a far more efficient outlook from an organisation such as Fitch!!

    Advice to Senior ManagementLook at the market, adopt best practices and implement agile

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

     

    Medium

    Anonymous Employee (Current Employee)

    ProsGood pay, easy hrs, friendly staff

    ConsCorrupt industry, vertical hierarchy, no Opportunity to advance

    Advice to Senior ManagementNone

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