Morningstar - nice place | Glassdoor
There are newer employer reviews for Morningstar
There are newer employer reviews for Morningstar

See Most Recent

Helpful (1)

"nice place"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Chicago, IL
Former Employee - Anonymous Employee in Chicago, IL
Recommends
Neutral Outlook
No opinion of CEO

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

Pros

very nice people, nice office, pretty good benefits

Cons

I said the people are nice, but the place is a beaurocracy and there are many who are insanely over paid for the complete lack of talent. Meanwhile some very talented people are paid below market.

Advice to Management

This isn't the government... it's at-will employment. Lay off the people who can't do their jobs.

Other Employee Reviews for Morningstar

  1. Helpful (1)

    "good benefits, low salary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technology in Chicago, IL
    Current Employee - Technology in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Morningstar full-time (More than 5 years)

    Pros

    benefits, work location, newer building

    Cons

    lack of internal career growth thus stagnant salary. no team like atmosphere. If you're on the technical side you're considered second class, easily interchangeable, not easily promoted.


  2. Helpful (3)

    "Great work/life balance, but very low pay and unclear career trajectory."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in Chicago, IL
    Current Employee - Data Analyst in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Morningstar full-time

    Pros

    -Very relaxed environment (probably with the exception of Product Support).
    -Typically 40-50 hours of work per week
    -Very nice managers, no big egos to worry about, you will never get yelled at.
    -Many opportunities to make a business impact.
    -Lunches with senior executives.
    -Places well at Kellogg and Booth part time programs (not full time however).
    -Amazing vacation policy and summer hours
    -Partial Tuition/CFA support
    -Patio parties
    -Improving reputation among media.

    Cons

    -Well below market pay throughout the firm (i.e. Data Analysts typically start at 45k).
    -Shortage of middle managers.
    -Limited exit opportunities (you won't be doing traditional finance in most roles).
    -HR is largely uninvolved in supporting employees once hired (MDP status is unhelpful).
    -No clear career trajectory, you have to apply and interview for any new position.
    -Not always a meritocracy, working hard is often unrecognized.

    Advice to Management

    Morningstar is a good company with great people and strong senior leadership in a struggling industry. Unfortunately, the firm fails to fairly compensate employees at most levels, leaving many of the most talented employees to view their position as just a job, not a step forward in their career development. To that same end, HR needs to help implement a competency model that allows employees to develop a realistic and meaningful career trajectory. Finally, please consider adding more headcount at the middle management level, which will allow junior employees to remain motivated in their career progression.

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

See Most Recent

Work at Morningstar? Share Your Experiences

Morningstar
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or