Irrevocable Damage - Senior Technologist Morningstar Employee Review

1.0
Oct 12, 2017
Recommend
CEO approval
Business Outlook

Pros

Good location, there's some bright spots left based on some positive reviews left on here... still hopeful company will find itself and go back to its roots. People generally mean well.

Cons

Where to start...what once was a thriving culture of collaborative minds has now turned into a toxic environment full of bullies. The leadership is incapable of bringing people together and fostering an environment where people feel valued and are able to do their best work. Morningstar's culture used to be what attracted high caliber talent to its doors and employees would look past the below market pay because they truly felt happy and proud to work here. The caliber of technologists used to be on par with Silicon Valley, you used to leave inspired. Now people can't wait to get out. All the great technologists have left and the remaining are folks that are good talkers. As a result, the company fails to execute and products never get off the ground. The high turnover particularly in the tech org and the new "C" level leadership that were promoted from failed acquisitions have done irrevocable damage to this company. I still hope that one day Kunal and Joe finally wakes up and make some changes.

avatar
Morningstar Response
8y
This must be Bash the CTO month. As you know from what I've said, culture is perhaps the most important aspect of any organization. A culture built on trust, transparency, and accountability is what will win the day. One that brings out the best in others is one that ultimately innovates and thrives. Not everyone wants to change. Change is tough and we are in a season of change. I shared this quote from Thoreau with everyone recently. "Never look back unless you are planning to go that way." We cannot live in the past. We have to create a future that is better. Culture is your responsibility as well as mine. I hear a lot of frustration in your review. You say that all the great technologists have left, but that is just not true. Have some left? Of course. But you're still here, right? I'm sure many of your colleagues might take exception to your comments because they are great technologists like you, they are here, and they are excited about their work. I know them. You know them, too. You certainly might speak for some, but I know you do not speak for all. We have over 1400 hard working technologists at Morningstar. If there's bullying going on in your part of the organization, I want to know about. I am not a bully nor do I tolerate bullying if I know about it. No leader is a savior. Like a coach, I have to make sure players are prepared and that I (along with other leaders) remove obstacles to success. At the end of the day though, it's the players who are on the field. If we're not winning, we have to work together on changing the game plan based in part on what the players are seeing on the field. We can only win together. Speak to me directly because I am listening. You and I have an important role to play in creating a future that is better than the past you've reflected on.

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Pros

Great benefits (e.g. 6% of salary 401K matching program, 6-week sabbatical after working 4 years). Good opportunities to switch roles within company. Most employees are great to work with.

Cons

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