Morningstar

www.morningstar.com
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Morningstar Reviews

Updated February 25, 2015
Updated February 25, 2015
317 Reviews
3.4
317 Reviews
Rating Trends

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Morningstar Chairman and CEO Joe Mansueto
Joe Mansueto
223 Ratings

Review Highlights

Pros
  • Great work/life balance as most people work no more than 45-50 hours per week and casual dress code (in 61 reviews)

  • The work environment is terrific: very collaborative, with a lot of smart people employed there (in 35 reviews)


Cons
  • High staff turnover at all levels including senior management (in 14 reviews)

  • Very low pay (as an analyst) compared to other companies in the financial industry (in 11 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 4 people found this helpful  

    Nice easy going place to work, but overwhelmed by analysis

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Web Developer in Chicago, IL
    Current Employee - Senior Web Developer in Chicago, IL

    I have been working at Morningstar full-time (more than a year)

    Pros

    It's casual. During company meetings they show videos that are genuinely funny. People are basically nice. You can take as much time off as you want.

    Cons

    There's a bit of paralysis by analysis. No one wants to make decisions. They higher a ridiculous number of business analysts who don't really make things any better. There is a lot of passive aggressiveness. Some departments are a bit lost.

    Advice to ManagementAdvice

    It's a good place, but try to make stronger decisions. Try to get rid of passive aggressive culture.

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    N/A

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

    I have been working at Morningstar

    Pros

    Great culture, good people, you'll get what you put in.

    Cons

    Could be making more money somewhere else, but the benefits to even out and has kept me around!

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Equity data intern

    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Morningstar

    Pros

    Gave me plenty of opportunities to be a part of different departmental meetings
    Good hours, flexible schedule
    Great mentoring from employees

    Cons

    A lot of excel copy and paste work at first, but moved on to different projects after

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 2 people found this helpful  

    Fun Culture, smart people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Chicago, IL
    Current Employee - Business Analyst in Chicago, IL

    I have been working at Morningstar

    Pros

    Fun culture, smart people, good work/life balance

    Cons

    Lower compensation. Don't always retain talent.

    Advice to ManagementAdvice

    Invest more in growth areas.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful  

    good place to start your career

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

    I have been working at Morningstar

    Pros

    lots of great people, you can learn a lot.

    Cons

    senior management too far removed from business realities, company stuck in neutral.

    Advice to ManagementAdvice

    clean house.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 3 people found this helpful  

    Terrible Middle Management

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

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

    Pros

    Good work-life balance if you work with the right division (other divisions not so much). I have worked with four. Nice bagel Wednesday. Great office parties. Great health benefits. CEO seems like a very nice person.

    Cons

    There needs to be more checks and balances with middle management, there tends to be a lot of power mongering coming from them. So so for personal growth. Not as transparent as they claim to be.

    Advice to ManagementAdvice

    Keep a better eye on your middle management personnel.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Good work life balance and benefits... sacrificing pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Morningstar

    Pros

    Great people; casual environment; smart employees; overall good corporate culture; good convenient office location; benefits; unlimited paid vacation and sabbatical

    Cons

    Pay was very slow moving; bonuses made full take home pretty volatile; being such a large firm accountability was lacking a bit and some colleagues skated by not doing much

    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    After 6 months

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

    I have been working at Morningstar

    Pros

    Good ambiance
    Great office space
    Dynamic environment
    Great work life balance

    Cons

    Low salary base
    Tight budget for traveling

    Recommends
    Positive Outlook
    Approves of CEO
  10. 4 people found this helpful  

    Use to be a great place to work.... now not so much

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager in Chicago, IL
    Current Employee - Project Manager in Chicago, IL

    I have been working at Morningstar full-time (more than 8 years)

    Pros

    It offers great work-life balance and is very flexible when you need time off.

    Cons

    As the company has grown it has become more "corporate" and lost a lot of the great things about it. It use to feel like working at a startup but now it is hard to get new ideas/innovations done with all the layers of managers etc. The company is too occupied with being rated as one of the top places to work and when those yearly surveys come out they keep encouraging their employees to rate them high.

    Advice to ManagementAdvice

    Seems like every year or so there is a new major reorganization that is very frustrating so would be nice to have a longer term vision. Also, lots of turnover in the executive roles.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 3 people found this helpful  

    Structured Credit Ratings

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in Horsham, PA
    Former Employee - Vice President in Horsham, PA

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

    Pros

    Flexible hours. As long as you can get your work done the hours are extremely flexible. Work on some institutional real estate. Travel frequently.

    Cons

    They take all the money that structured credit ratings makes and pump it into the entire Credit Ratings group. So the margins in structured credit are huge but they operate under a one morningstar policy that take those margins and spreads them around to other groups that aren't as profitable.

    Advice to ManagementAdvice

    Understand where your bread is buttered. The turnover has been high recently because management fails to recognize (via bonus pool) where the money for structured credit ratings is coming from.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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