Morningstar

  www.morningstar.com
  www.morningstar.com

Morningstar Reviews

Updated December 11, 2014
Updated December 11, 2014
301 Reviews
3.3
301 Reviews
Rating Trends

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Approve of CEO
Morningstar Chairman and CEO Joe Mansueto
Joe Mansueto
213 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. 2 people found this helpful  

    Morningstar is by far the best company I've had the opportunity to work for.

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

    I have been working at Morningstar

    Pros

    Flexible schedule, bagel day, great benefits, casual dress, nice office space, unlimited beverages on every floor, etc!

    Cons

    Unclear path for career growth

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Data Analyst Intern

    • 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

    Very nice environment, colleagues very friendly, easy going, no dress code( can come as casual) .

    Cons

    Managers should be more present for the team.
    Phew team meetings / catch up.
    Have to request for training.

    Recommends
    Positive Outlook
  3. 2 people found this helpful  

    Analyst

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

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

    Pros

    Ability to be the point person on a list as a relatively junior analyst. Freedom to research any area of interest under your coverage list.

    Cons

    Lack of resources for traveling and researching companies and industries. Straddling costs for trying to serve multiple end markets.

    Negative Outlook
    No opinion of CEO
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  5. 4 people found this helpful  

    Best days are behind it

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

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

    Pros

    Great brand, generally nice people.

    Cons

    Product pipeline for new revenue sources is very dry. No real process for effective strategic planning or new product development. The have software, data and consulting. But...fundamentally they are a research company with a great brand. Therein lies the strength and most limiting self imposed weakness.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    Worth the investment

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

    I worked at Morningstar (less than an year)

    Pros

    Good team spiring and company etho

    Cons

    Limited career progression and compenstaion rewards is to be desired

  7. 2 people found this helpful  

    very bad interview process

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Developer in Mumbai (India)
    Current Employee - Senior Software Developer in Mumbai (India)

    I have been working at Morningstar full-time (less than an year)

    Pros

    .no pros here should not join this company

    Cons

    work pressure.very bad hr process they make fool

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Great Place to Learn

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Morningstar

    Pros

    The opportunity to learn, especially for entry level is great. People are very friendly and are very approachable. Work-life balance is definitely a perk.

    Cons

    I wouldn't say there are many cons. The only observation I have is that I did not see many development or promotion opportunities.

  9. 4 people found this helpful  

    Great work/life balance, somewhat low salary.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst in Oakland, MD
    Current Employee - Operations Analyst in Oakland, MD

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

    Pros

    I really enjoy working at Morningstar. This company provides an extremely laid-back atmosphere. The work/life balance is wonderful, and my typical workweek is 40-50 hours with a casual dress code, which is great. The work is interesting and recognition is provided by supervision. And the vacation, sabbatical, and health/401k benefits are very competitive and practical. Morningstar provides an opportunity to learn and grow; however,...

    Cons

    As a non-Chicago employee, I feel our growth opportunities are not as great. We have some opportunity for growth, but I feel that, as a world-wide company, any position should be available to any employee.

    The salaries are just okay. We do have a lot of added benefits, but money talks, and our salaries are definitely below industry averages for experience level. As a result, employee turnover is relatively high.

    Advice to ManagementAdvice

    Improve compensation and provide more growth opportunities for all employees. I know that better compensation will help motivate employees and retain talent.

    Neutral Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Good company, Exposure to equity & mutual funds industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Developer in Vāshi (India)
    Current Employee - Senior Software Developer in Vāshi (India)

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

    Pros

    Flexible timings, Good work environment, good management, overall great place to work.

    Cons

    Human resource is a big mess. With lot of issues in attendance, salary calculations, managing recruitment etc.
    No onsite opportunities. There are good projects, but If you land into a wrong team(maintenance projects), you are left with no scope for improvement and will mess you life resolving issues with no documentation to refer.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 6 people found this helpful  

    Great work/life balance only partly offsets well below average industry compensation

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

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

    Pros

    Laid-back, low pressure atmosphere. Great work/life balance as most people work no more than 45-50 hours per week and casual dress code. Highly intelligent equity and credit analyst peer group. Intellectually stimulating work with significant responsibilities and opportunity to learn. Research business is growing and doing quite well.

    Cons

    Comp, comp, comp. Did I mention comp? Salaries are okay, but bonuses are a joke... total comp 30%-50% below industry averages for experience level. "One Morningstar" means that our group is not properly rewarded for our superior efforts and higher levels of profitability & growth. Very tight budgets mean limited resources to do job properly (research tools, research data, travel). Pay does not scale very well as one moves up in the department or company. To put it simply, Morningstar is cheap. As a result, employee turnover is relatively high.

    Advice to ManagementAdvice

    Improve compensation and provide greater incentives to better motivate employees and retain talent.

    Recommends
    Neutral Outlook
    Approves of CEO

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