Morningstar Reviews

Updated April 22, 2015
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Employee Reviews

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  1. Helpful (2)

    Good company overall

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very entrepreneurial, very good work culture and company values. Lots of opprtunity to move around the company to gain varied experience.

    Cons

    Can be a little too insular. With so many small teams, lots of duplication of efforts, not as efficient as it could be.

  2. Good culture company, but some drawbacks...

    • 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

    work and life balance, health benefit is great

    Cons

    salary is too low in the industry for the same position.

  3. Helpful (7)

    An OK place to work

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

    I worked at Morningstar full-time (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    - Office environment
    - Overall laid-back culture and work-life balance

    Cons

    - the work nature was boring, of course it varies by team
    - the company doesn't value each individual employee especially for the entry level. You get a feeling that they will be just as fine with or without you
    - If you want to really learn and grow and challenge yourself, this is not a place for you
    - HR team not friendly and helpful
    - Overall culture is dull

    Advice to Management

    Think about the high turn over ratio among entry level employees. People don't stay for a reason. The lack of personal care given to the employees, work itself, career progression prospective, overall culture..all play in. Feeling valued and making impacts are what keeps people loyal and sticking with the company. Losing talents, maybe not as visible, are real big costs to the company.

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  5. Helpful (1)

    Great experience, nice people to work with

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

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

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    the people here are great and the culture is very laid back, unlike any other company I have worked for. I love the vacation policy and it is nice to know the company wants you to come to work, do your work, and then go home and have a life. there is no required face time, nor did I ever feel like I needed to stay longer than what my work too in order to be there

    Cons

    hard career progression, there are so issues with moving up in this company

    Advice to Management

    hire from within, you look outside for talent but that is not always the right answer.

  6. Helpful (1)

    Not too shabby

    • 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 full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Sabbatical available, good environment, unlimited vacation

    Cons

    Corporate, no consistency across groups and no relationships in different groups in different cities

    Advice to Management

    Don't ask what the goals should be when they're already set by upper mgmnt. Hire more people

  7. Helpful (5)

    Great work-life balance

    • 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 3 years)

    Pros

    People are very nice, the organization is flat. It's easy to ask for time off. Nice office, free bagel breakfast on Wed.

    Cons

    The pay is under industry average. And most of the jobs are very boring, lack of challenges. If you are an ambitious person, don't go there.

  8. Project Manager

    • 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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    It is a best work place in Chicago. good balance of life and work.

    Cons

    The office is very nice. In the loop of Chicago. Offer free soft drink. Have many party.

  9. Helpful (12)

    Great Insurance, Good Bagels, Poor Middle Management

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

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

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Insurance - Bagel Day - Summer Hours

    Cons

    Terribly poor, under qualified middle management. Lack of oversight. No one is ever on the same page in terms of project intent, and deadlines. Way too many managers watching YouTube. They work young developers, programers, and designers to the bone with no recognition for their hard work. I have worked several times overnight due to the manager’s constant nagging on finishing the project only to find out there was no set deadline whatsoever. No apology from the manager, just an "oops!".

    Advice to Management

    Check on the qualifications of your middle management. They spend too much time on either YouTube, Zappos, or J.Crew websites.

  10. Helpful (5)

    Good culture, light comp

    • 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 a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    culture, people, lifestyle, company values, benefits

    Cons

    lack of upward mobility, pay, communication

  11. Helpful (6)

    great work/life balance; compensation is low and inconsistent

    • 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 full-time

    Pros

    good work/life balance, benefits, training, volunteer opportunities
    engaged employees

    Cons

    Managers instead appears to over-prioritize its method (its pillars) and its growth push far more than its employees.

    Growth opportunities are limited for analysts who do not want to go into people-management roles. This results in employees jumping ship entirely at times.

    Advice to Management

    Invest in your employees by raising compensation to market levels. Higher retention levels will save on training and recruiting. More reasonable comp will also allow employees feel they are fairly valued.

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