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    Fitch Ratings Reviews

    Updated August 16, 2017
    267 reviews

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    Full-timePart-time
    3.1
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    Fitch Ratings President and CEO Paul Taylor
    Paul Taylor
    78 Ratings

    267 Employee Reviews

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    Pros

    • The people and work/life balance are pretty great (in 110 reviews)

    • Great company, people and work environment (in 28 reviews)

    Cons

    • Work/ life balance used to be excellent (in 13 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

      "Great people, healthy work environment"

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

      I have been working at Fitch Ratings full-time (More than 10 years)

      Pros

      In general, work/life balance is good. Enjoy Working with talented people that care about their work product. Strong ethical standards.

      Cons

      Communication with workforce on a regular basis is desired. There is no transparency in work load assignments or recognition of achievements.

    2. "Fitch Ratings review"

      StarStarStarStarStar
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      I have been working at Fitch Ratings full-time

      Pros

      Good work/life balance; good compensation considering the hours

      Cons

      Compensation not largely linked to individual performance

      3. Join the Fitch Ratings team
      See Our Latest Jobs

    3. "More Cons than Pros"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Associate Director in Chicago, IL
      Current Employee - Associate Director in Chicago, IL
      Recommends
      Positive Outlook
      No opinion of CEO

      I have been working at Fitch Ratings full-time (More than 3 years)

      Pros

      Work/Life balance. There is not much stress and I have learned a lot during my time.

      Cons

      Benefits really took a step down in 2017. Premiums were increased as well as deductibles. Pay has been stagnant and many people have moved on. It has been difficult to move up as management seems happy to have experienced people leave and replace with less experienced (and less expensive) candidates.

      Advice to Management

      Take care of employees and make it difficult for them to leave. I feel that more employees would be happier with pay increases and opportunities for growth.

    4. Helpful (1)

      "Good place to learn, but Company values are changing."

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

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

      Pros

      - Interesting Work
      - 7% 401k Match
      - Ability to learn and move to different IT groups
      - Make sure you negotiate highest salary before accepting position
      - Great Co-Workers
      - Great place to get hands on experience in multiple IT Sectors

      Cons

      - Company doesn't pay market rate.
      - Healthcare is now standard. In the past, it was exceptional but now has followed the trend for Healthcare coverage. Yet, compensation is well below market.
      - No training or development path for IT staff.
      - Raises are minuscule and salary adjustments often WAY fall short of market
      - Long hours, Weekend work (too often), 8-16 Hour DR tests with no comp days, and frequent off hours rotation.
      - No operations team any more. Engineers are expected to design and provide support.
      - Infrastructure team has been shrinking. Not enough staff members.
      - 401K is not paid weekly anymore. It is paid the following year in March. You loose out in earnings.

      Advice to Management

      - Implement 80/20 rule. Allow your workers to grow on company time. This will make them more efficient. If we are working 10-12 hour days and doing 24/7 support, do you really think we want to go home and study? Only the dedicated are willing to give up family time and personal time for this, but this should not be part of the company culture.
      - Pay people what they are worth. There is nothing more demoralizing when someone spends a long time in the company and grows, but their salary doesn't. Then you hire someone from the outside and they have to be trained by existing staff?
      - Setup "Follow the Sun Support".
      - Providing positions with lateral movement or low raises is terrible for moral.
      - Also, once someone begins doing the work for a new position, there should be no excuse not to pay them the new salary the next day. Having to wait end of year or next year is just ridiculous.
      - Do a salary assessment of all your critical workers and get them to market.
      - Provide a path for career growth and have constant communication.
      - Provide necessary training and education if you don't plan to hire Senior/Experienced workers.
      - Provide more work from home or compensation day packages.
      - If you are not going to pay market value for positions, bring back the great Health Care benefits.

    5. "unsure"

      StarStarStarStarStar
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee

      I worked at Fitch Ratings full-time (More than 3 years)

      Pros

      great people, good work/life balance

      Cons

      will let long term employees go with no warning or reason

    6. "I've worked for Fitch for over 2 years"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee in New York, NY
      Current Employee - Anonymous Employee in New York, NY
      Recommends
      Positive Outlook
      No opinion of CEO

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

      Pros

      Great work/life balance. Easy going work environment

      Cons

      Limited growth opportunities.
      Gap between management and front line

    7. "Working in Fitch Ratings Business Development"

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

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

      Pros

      Opportunity to develop your business as you see fit in a way that isn't available to more established firms.

      Cons

      Extremely budget conscious to a fault. Management disorganized and capricious.

    8. Helpful (1)

      "White boys"

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

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

      Pros

      There are some nice people left although most of them are looking to leave. Not a lot of positive to say!

      Cons

      Fitch is the B team, if that. The culture has deteriorated over time. It's a white boys' club. High turnover!

    9. "Friendly work environment"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee in New York, NY
      Former Employee - Anonymous Employee in New York, NY
      Recommends
      Positive Outlook
      No opinion of CEO

      I worked at Fitch Ratings full-time (More than 8 years)

      Pros

      Nice place to work. Good work culture.

      Cons

      Easy going. Limited growth options.

    10. Helpful (2)

      "Sweat Shop"

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

      I worked at Fitch Ratings full-time (More than 8 years)

      Pros

      Analysts that care about about doing thoughtful analysis. Excellent opportunity to interact with C-suite management and develop credit analysis fundamental

      Cons

      No career development. Compensation is awful. Upper management that does not value the analytical function and is more concerned about staying out of trouble with regulators. Work/ life balance used to be excellent .........not anymore.

      Advice to Management

      Stop squeezing employee compensation to make up for your mistakes.

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