Morningstar - Good work culture, nice people, low salaries, limited career opportunities | Glassdoor
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There are newer employer reviews for Morningstar

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Helpful (6)

"Good work culture, nice people, low salaries, limited career opportunities"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Chicago, IL
Current Employee - Anonymous Employee in Chicago, IL
Approves of CEO

Pros

Great work culture.
Good helpful people.
Nice office.
Easy to talk to senior management.
Great work-life balance.
"Unlimited" days off (which means take reasonable time off).
Well known and respected name.
6 week paid sabbatical every 4 years.

Joe Mansueto is an inspiring icon and can be seen walking around the office - very polite, nice and approachable.

Cons

Very low salary, way below market, though management claims the "overall package" meets market levels. I would much rather they told us the truth and not spent all that money hiring consultants to conduct an eye-wash survey. None of the employees were fooled.

Career development/opportunities are not as good as advertised. HR sells you the job as an entry point to other opportunities but they are hard to come by in reality. Management wants to keep salaries low, so employees reach a dead end pretty quickly and leave.

Advice to Management

Make the effort to listen to your employees.
Free bagels/coke and good environment does not replace a fair salary. Good people are already leaving now that the job market is improving.
Bring in a program to allow more senior employees to try out different positions in the company in a rotational way.

Other Employee Reviews for Morningstar

  1. Helpful (2)

    "Not as flexible as they claim to be."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Approves of CEO

    Pros

    It is a growing company.

    Cons

    Although they claim to be flexible, the company culture does not really promote it.


  2. Helpful (3)

    "Just OK, IT's a Job"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee in Austin, TX
    No opinion of CEO

    Pros

    Good Benefits, 401k, Medical, Vacation are all great.

    Cons

    Disconnected teams, Disconnected Exec Management, Lack of clear direction. Ran with NO CTO CIO for too long.

    Advice to Management

    Interact with the employees outside of Chicago

There are newer employer reviews for Morningstar
There are newer employer reviews for Morningstar

See Most Recent

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