Fitch Ratings Reviews | Glassdoor

Fitch Ratings Reviews

Updated March 18, 2019
369 reviews

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3.5
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Fitch Ratings President and CEO Paul Taylor
Paul Taylor
125 Ratings

Employee Reviews

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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 (3)

    "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)

    "Where to begin?"

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

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

    Pros

    9-5; work life balance is good. Wont be called off hours or really expected to work past 5PM. This is a place you can slowly melt away into obscurity if that is what you want.

    Cons

    No-one has a clue. Directors “work” from home 4+ days a week. By work I mean hit the spa and golf course. No accountability or managing of employees. No vision, planning and poor execution across the board. Not much work gets done. When it does it is poorly planned and redone multiple times. No communication or guidance. Stuck with people who have been there 20+ years and are stuck in a pre tech mindset. If you are a self starter or have any ambition of any kind this is NOT the place for you.

    Advice to Management

    Start showing up. Start speaking to your employees. Get a clue.


  4. Helpful (3)

    "Looks good on the surface, but the company is in fact stagnant and falling further behind"

    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
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Fitch Ratings full-time (More than 5 years)

    Pros

    Don’t have to work that hard. Very 9-5 with plenty of time to step out to the gym.

    Cons

    Resistant to change and living in the past. Unwilling to invest in systems or technology to remain competitive. Each Analytical Group runs on a largely autonomous basis, which diverts time and resources. Will be victim of disruptive new entrants and technology/AI alternatives in next 5 years, so not a long term investment or career prospect. Below average salaries.

    Advice to Management

    Forget the past. Look to the future. Understand where the industry is headed, and invest in people, process and technology to achieve that vision.


  5. "good work life balance, OK compensation"

    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
    No opinion of CEO

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

    Pros

    work life balance is great
    rarely over 40 hours per week
    very good for recent college grads seeking analytical training
    company is supportive of working moms

    Cons

    not many opportunities to further one's career
    people with talent end up going to other firms for better compensation


  6. Helpful (2)

    "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


  7. "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.

  8. "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


  9. Helpful (2)

    "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.


  10. Helpful (8)

    "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.