Morningstar Reviews

Updated April 19, 2015
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Employee Reviews

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  1. Helpful (2)

    Great work place, which doesn't like edge technology

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

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

    Pros

    Not much pressure, Nice people

    Cons

    too much managers, ignores developers' work

    Advice to Management

    please hire more developers

  2. Helpful (4)

    Good company, not great for tech career

    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

    The company has a fun, young culture and the people are above average in their passion and talent.

    Cons

    The technology teams in general err on the side of mediocre and stand-outs who a really passionate about tech are few and far between.

  3. Helpful (9)

    Terrible

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

    I have been working at Morningstar as a contractor

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

    Pros

    very bad place to work. gosip, backstabbing, art and music instead of financial background

    Cons

    Terrible: outdated, underpaid, overworked, under producing bunch of people

    Advice to Management

    terrible

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (6)

    Not as great as they say

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

    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

    They really try to sell you on the culture and the extra benefits at Morningstar - parties, flexible hours and vacation, casual environment.

    Cons

    Compensation, rotation/advancement opportunities, and candor from management are lackluster at best.

    Advice to Management

    If you really want to be a great place to work, listen to and appreciate your employees.

  6. Helpful (7)

    Dealing with sweeping changes, lacking in policy and process

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

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

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

    Pros

    Great brand, flexible hours and mid West culture of niceness all around. Smart colleagues and a can do attitude contributes to success

    Cons

    Never ending org changes exhausting. Infrastructure and policy enhancements needed, and high employee turnover at all levels. Middle management is ineffective and disincentivized, multitude of tech and IT issues, and ineffective senior sales management leadership.

  7. Helpful (6)

    Excellent stepping stone firm for better opportunities.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Morningstar

    Pros

    Great employees with diverse backgrounds and excellent office amenities when compared to larger, more established firms.

    Cons

    -Low pay for workload required
    -Insufficient insight as to how bonus payout structure functions gives upper management leeway to short-change lower level employees without true accountability
    -Upper management lacks the ability to establish clear, implementable business direction
    -Sales groups too often "side with" clients rather than business groups, which leads to over-promising and under-delivering
    -Recent corporate reorg rollout struggles has lead to high employee turnover as talented sales / business side employees have left after growing dejected

    Advice to Management

    Stop over thinking firm direction, give employees technology resources to actually, successfully implement directives mandated by senior mgmt, treat employees with as high a regard as you promote you do to outsiders.

  8. Helpful (12)

    Great place to get hired elsewhere.

    • 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 a year)

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

    Pros

    Great work-life balance, as you do the job you can work from home, and take almost as much vacation time as you like. Senior management is very inspirational. Brand name of Morningstar is well-known, so it's easy to get hired elsewhere.

    Cons

    The pay is low, so the best people leave for other firms. Middle-management is terrible, and is decided by who can stay at Morningstar the longest. A special circle of hell is reserved for HR, which acts as a disciplinarian for passive aggressive managers.

  9. Helpful (2)

    Excellent company to work for

    • 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
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    The people are very bright and motivated. There are a lot of free trainings and career development services available. The benefits are top of the line.

    Cons

    There is a high workload, which is true for most employers. But, the type of work is very interesting, which makes it completely worth it.

  10. Helpful (2)

    Great Place to Work

    • 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 (more than a year)

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

    Pros

    Entrepreneurial, surrounded by very smart people in a challenging work environment. There are a lot of projects to go around and managers are constantly willing to put employees in positions to succeed.

    Cons

    Lots of resource constraints for large projects can create problems. The org structure is developing, but there is still a bit of a ways to go in order to feel like there is a clear understanding of how everything works.

  11. Helpful (1)

    Great Place To Start

    • 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 a year)

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

    Pros

    Work environment, training, culture, freedom

    Cons

    Pay, compensation, bonus structure, promotions

    Advice to Management

    To keep longer term people, we need to be compensated appropriately.

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