Low pay and wage stagnation - Senior Equity Research Analyst Morningstar Employee Review

1.0
Aug 19, 2018
Recommend
CEO approval
Business Outlook

Pros

Low cost of living compared to NY/SF, solid benefit package

Cons

While the compensation starts out 25%-40% below industry norms, the bigger issue is poor wage progression. Three or four years into the job, you will be earning less than half of your peers at other firms. Other post-MBA work such as consulting pays significantly more. While the pressue might be less than at typical sell-side positions, do not expect to be working less than 50-55 hours per week.

Explore other reviews about Morningstar

5.0
Feb 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Honestly amazing, the pay is amazing, 150,000+ for an analyst, with great benefits and the ability to work from home.

Cons

Hard to beat another firm that will pay 150,000 base for junior employees. People often forget to respond or follow up in the company but just stay patient.

4.0
Jun 23, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

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

Slightly lower pay relative to other companies. Management might be on a course of changing strategies across orgs too quickly, resulting in too many things breaking and failed outcomes. Removed 3 days a week in-office policy, which may lead to missed talent acquisition opportunities.

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