Fitch Ratings Reviews | Glassdoor

Fitch Ratings Reviews

Updated December 20, 2018
360 reviews

Filter

Filter


3.5
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Fitch Ratings President and CEO Paul Taylor
Paul Taylor
123 Ratings

Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • "Work/ life balance used to be excellent" (in 14 reviews)

  • "Do not pay much, career advancing is limited because senior management does not leave" (in 20 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (2)

    "Great work life balance"

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

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

    Pros

    Work life balance is some of the best in the business. As a credit rating agency, Fitch is often the most conservative compared to its competitors (Moody's, S&P). Because of this, investors value Fitch's work quality above the others

    Cons

    Salary is average to slightly below average for the industry at the analyst level.

    Advice to Management

    Invest in more process improvements and technology improvements


  2. "Credit analyst"

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

    I have been working at Fitch Ratings full-time

    Pros

    Good work life balance for Analyst

    Cons

    Not the most challenging at all times

  3. Helpful (1)

    "Senior Director"

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

    I worked at Fitch Ratings (More than 8 years)

    Pros

    good colleagues
    the company's work (rating bonds) is required in the marketplace

    Cons

    compensation is much less than other Wall Street firms
    takeover by Hearst drove out a lot of institutional knowledge

    Advice to Management

    focus on quality of life for employees


  4. "Financial Systems 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 full-time

    Pros

    Great team, but that was before upper management changes and good work/life balance.

    Cons

    Low base salary and bonuses for overhead depts, but benefits were decent.

    Advice to Management

    Value employees better.


  5. "Great company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fitch Ratings full-time

    Pros

    Good hours and great people

    Cons

    Pay is not very competitive


  6. Helpful (1)

    "Learn everything that you can, and then move on"

    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 (More than 10 years)

    Pros

    Fitch is a great place to learn and is a particularly good place to start for kids fresh out of school. Rotations are encouraged, which is a great way to get exposure to multiple asset types. Good work life balance.

    Cons

    Pay is well below that of competitors and benefits have gotten worse each year. Work from home policy is said to be one thing, but then is completely dependent on your specific manager.


  7. Helpful (7)

    "Consider Looking Elsewhere Before Accepting Role At Fitch"

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

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

    Pros

    -Good place to start your career.
    -Work life balance is good for a job in finance.

    Cons

    - Culture is terrible. No other way to phrase it. People are either standoffish, shy, or isolated in their teams with minimal interaction with others outside of their group.
    -Facilities are lacking, the open office concept is distracting, and ultimately management does not invest in quality office amenities.
    -Little room for promotion/ path to promotion is unclear.

    Overall, the work place is very bizarre and you can often find your self feeling no attachment to the company or your coworkers. Many Analysts leave after a year or two for a better opportunity career wise.

  8. "Great place to start"

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

    I have been working at Fitch Ratings (More than a year)

    Pros

    Great training and hands on experience with real quantitative and qualitative analysis

    Cons

    Fitch pays far below market averages, makes people move around a lot.

    Advice to Management

    If you want to keep your employees that you invest so much in then pay us at least market rates.


  9. Helpful (4)

    "Non- analytical"

    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
    Neutral Outlook
    No opinion of CEO

    Pros

    35 hour weeks, good work-life balance, Smart & stimulating co-workers- none of the obnoxious banker/sales type - much more thoughtful

    Cons

    Very hierarchical- even with the support staff, so there is a class system. Jr Analysts working surveillance are often thrown in the deep end & Fitch is lucky that their employees are so smart ,conscientious& have such high integrity. Non analytical staff is expected to be in the office even during a weather advisory or will have to use a PTO day. The lower the title, the less the vacation - there is a significant discrepancy. You also do not have the option of working remotely.on most of the perks- Also pay scale is under market, but the trade off is you can leave at 5pm and have dinner with your family

    Advice to Management

    Comically poor organization of onboarding is not going to improve with the tiny clique that created and failed to change the process over the past decade - but I am sure there will be a very long time consuming meeting when it launches. the company excels at window dressing initiatives that make an upper tier of mgmt who do 10% of the work look busy- kind of reminds me of the MTA !


  10. Helpful (1)

    "Structured Finance Associate Director"

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

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

    Pros

    Stable, calm working environment, support for graduate studies

    Cons

    Salaries does not increase as fast as in other companies in the financial industry