Morningstar Reviews

Pros

- Nice place to work
- Good domain knowledge
- Team outing

Cons

- Less technical exposure
- compensation is not good

Advice to Senior Management

Should work on compensation.

Pros

The culture at Morningstar is very relaxed and inclusive. The rapport between employees is generally one of casual friends. You are recognized by your peers and management when you perform well. Management is very understanding when an employee needs to take time off for personal reasons.

Cons

Morningstar has a large technology base off-shore so increasingly a lot of the work has been shifted there. Compensation purely in terms of salary is not on par with competitors because of the large off shore workforce.

Advice to Senior Management

Morningstar should concentrate on growing their US business more heavily. Issues most often arise because of miscommunication or time-lag. If teams are not fragmented so much, I believe that the company would have a faster turn around on products.

Pros

- The people
- The location

Cons

- Middle management with no "management people" skills. On the other side, they know how to be political with their superiors.
- Difficult to progress in your career

Advice to Senior Management

Do some training to middle management so they understand what their role is about.
1) Understand the business.
2) Get the best of the people.

Pros

casual, flexible work environment- management is easy about letting you take time, or work varying hours.

Cons

very underpaid relative to the market (people tend to leave for 50% raises to work elsewhere). No career planning, little transparency in how salaries/travel are determined.

Advice to Senior Management

Pay more.

Pros

great place to work. company values their employees and promotes a great work / life balance. Pay is on the low end

Cons

Pay is low compared to other companies. Would like a clearer path to advancement opportunities and better training to support my skills.

Pros

Great work life balance
Fair Commission

Cons

Don't feel challenged
Salaries are low

Pros

Morningstar provides many opportunities for growth and advancement within the company. The people here are intelligent and really work hard to complete their goals.

Cons

Morningstar does not pay competitively. It's a great place, but the salary makes it hard to not look at positions outside the company.

Advice to Senior Management

It would be great if there was more focus on retaining talent. Some middle management should be re-evaluated and salaries across the board need to improve.

Pros

Benefits, work/life balance, sabbaticals, coworkers are nice, casual dress code, free beverages.

Cons

Salaries, employees get pressured to split up their valuable sabbatical time, turning it into normal vacations. Stability of workforce means there's not much vertical movement unless you quit and get rehired in a new spot.

Pros

The corporate hierarchy is flat, so everyone has a say, yet few shoulder material responsibility for the quality or performance of the finished product.

The atmosphere is very relaxed, and the benefits are great. Nobody looks over your shoulder, and the company's employees are able to maintain a more-or-less carefree demeanor.

Cons

To work here you must have no ambition to move up the ladder. By virtue of the flat corporate hierarchy, someone must quit or die for you to enter a position of higher responsibility and compensation.

Alternatively you may have a slim shot of moving up if the company decides to create a new business unit (which happens once every five years or so).

It is also worth noting that promotions are most often in title only and that compensation is the industry low.

Advice to Senior Management

This is not news to anyone working at the firm. The turnover is so high because the pay is so low...

Pros

Benefits include 6 week sabbatical every 4 years, open work environment, access to upper management and decentralized approach by management

Cons

Difficult advancement for finance personnel. Very limited feedback in terms of job performance. Lack of management interest in iindividual career progression, interests, etc.