Fitch Ratings Reviews | Glassdoor

Fitch Ratings Reviews

Updated November 16, 2017
287 reviews

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3.2
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Fitch Ratings President and CEO Paul Taylor
Paul Taylor
87 Ratings

287 Employee Reviews

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Pros
Cons
  • Work/ life balance used to be excellent (in 15 reviews)

  • Do not pay much, career advancing is limited because senior management does not leave (in 19 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (1)

    "Great career path and opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fitch Ratings full-time (Less than a year)

    Pros

    The longer I work here, the more I learn. Yes, there are challenges, but they are interesting. The leaders on my team are really invested in my career growth and have given me opportunities to learn and do more. One person in particular has taken me under their wing to not only ask what I'm interested in doing , but also making sure I get the opportunity, or am prepared for the opportunity when it comes up. He is transparent and clear about where I need to improve while also pushing me to do new things. As a woman in finance, I find this to be a huge benefit for me down the road.

    Cons

    There are times when technology seems to be a bit behind the curve, but even there Fitch seems to be putting more time and energy in investing in new technology.

    Advice to Management

    Keep growing and doing what you're doing, it's great to see the focus on women in leadership and I hope to be part of that one day.


  2. "Director"

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

    I worked at Fitch Ratings full-time

    Pros

    Good people. Good work life balance. Opportunity for advancement. Flexible.

    Cons

    Compensation isn't great, but decent benefits and vacation time.

  3. "Awesome"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I worked at Fitch Ratings full-time

    Pros

    cool atmosphere and diverse environment

    Cons

    less pay to keep yourself satisfied

    Advice to Management

    stop outsourcing


  4. "Analyst"

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

    Pros

    Good company to get early career experience.

    Cons

    There was noticeable high turn over in my group.


  5. "Summer Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fitch Ratings part-time

    Pros

    People are very helpful and want to get to know you. Hours are very easy

    Cons

    The technology is very bad and people are very unreceptive to feedback/criticism


  6. Helpful (1)

    "Okay Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    -You get to become an expert on a specific sector.
    -Some Co-workers were nice and genuine.
    -Company sponsored Happy Hours.

    Cons

    -No training and your are expected to be an expert on the processes within two weeks of starting.
    -Still small compared to Moody's & S&P
    -Senior Directors will throw you under the bus.
    -Unrealistic expectations by higher ups.
    -Work-Life Balance is not real. You will be churning out similar hours as
     middle market investment banks for less compensation specially during the
     summertime/winter months.
    -Salary Raises and Bonuses are a joke for the workload demanded by higher ups.
    -Felt like Fraternity at times. If you are not part of the cool kids you will not be promoted/praised for your work and will be ostracize.

    Advice to Management

    Take some time to train your younger talent and listen to their feedback in terms of improving the workflow. Unless Fitch's change their current culture the junior talent will continue to leave for better opportunities.

    Fitch Ratings Response

    Nov 8, 2017 – Director, Talent Acquisition

    Thank you for taking the time to share your thoughts. At Fitch, we take great pride in our training programs, and we are disappointed that you did not feel the training was valuable. Junior analysts... More


  7. Helpful (7)

    "American Passport One Way Ticket Out the Door"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Fitch Ratings full-time (More than 10 years)

    Pros

    Used to be a long list of great benefits, all of which have been scaled back considerably-health care, subsidized gym membership and more recently vacation time.

    Cons

    U.S. morale at an all-time low as seasoned American employees get taken out slowly and silently one by one. Unending pattern of London employee being brought in to head or co-head, leading to the ultimate dismissal of high ranking U.S. managers. What used to be the best rating agency to work for under Steve Joynt has transformed itself into a sub par, less than inspiring bastion of Ego wielding, power hungry and incompetent 'leaders'.

    Advice to Management

    Recognize how demoralized you have made your staff. There's still some great talent left but they are not inspired in any way to do their best.

    Fitch Ratings Response

    Oct 16, 2017 – Director, Employee Communications

    Thank you for taking the time to share this review. From a competitive standpoint, Fitch attracts incredibly competent individuals at all levels to complement our talented team. In recent years the... More

  8. "Summer Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fitch has some of the nicest, most supportive people I have ever met. The teams are tight-knit and analysts have easy access to managers. I learned a lot during my tenure

    Cons

    The work can get dry and is mostly research-based, with hours rarely ranging outside of 9-5


  9. "Summer Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Fitch Ratings full-time

    Pros

    Good learning environment, Helpful co-workers, good training, friendly environment

    Cons

    Technology needs some serious updates


  10. "Editor"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fitch Ratings full-time

    Pros

    Great people and a very congenial environment.

    Cons

    Work can be repetitive and the company structure can be flat.


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