Fitch Ratings Reviews | Glassdoor

Fitch Ratings Reviews

Updated February 25, 2017
242 reviews

Filter

Filter

Full-time Part-time

242 Employee Reviews

Sort: Popular Rating Date

Pros
  • The people and work/life balance are pretty great (in 99 reviews)

  • Relax work environment, great location in Canary Wharf, free fruits (in 25 reviews)

Cons
  • In times of high volume deal-flow, the work-life balance goes out the window (in 12 reviews)

  • Low pay and raises are typically minimal (in 8 reviews)

More Pros and Cons

  1. "Working at Fitch Ratings"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Fitch Ratings full-time

    Pros

    Small base in London which gives homely feeling, visibility is there so if you work or not work you are visible. Wont have the feeling of being lost in a pond like a fish

    Cons

    Technically not challenging and at times things may be slow. Most of the time you have to deal with LIVE application issues, good for a support guy but npot for one who doesnt like working fixing LIVE issues all the time.

    Advice to Management

    Team management can be done better by strictly defining the work for each team mate and also formalising an approach say Waterfall or Scrum or Kanban otherwise assigning work to team and quickly changing the priority of task to be done puts team member at unrest. Ultimately the blame for not producing anything goes to the team member but the reason for this has been unexpected task list change by the team manager.


  2. Helpful (1)

    "Director"

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

    I have been working at Fitch Ratings full-time

    Pros

    Work with some great people

    Cons

    work/life balance has trended down during the past two years


  3. "Good place to start a career"

    Star Star Star Star Star
    • 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

    Pros

    Great work / life balance and good benefits. The senior staff is very willing to mentor new hires, and the work environment is generally friendly and laid-back. There are many learning and development opportunities offered within the company.

    Cons

    Compensation is below average. A disconnect between different levels of management and across different departments sometimes occurs, creating delays and friction to workflow.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Average Joe Company"

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

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

    Pros

    Offer Job safety and stability; low to medium work load; don't need to stay long hours at the office, doesn't suck the life out of you.

    Cons

    Low motivation to work as initiatives are not appreciated; traditional ways to conduct business; doesn't value personnel development; worst IT ever.


  6. Helpful (7)

    "Senior Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Director in Chicago, IL
    Former Employee - Senior Director in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Fitch Ratings (More than 10 years)

    Pros

    Fitch was known for its work / life balance but no longer after Hearst bought out the company. Too many middle managers trying to ingratiate themselves to the new owners. Training for junior analysts has improved over my tenure, but time would be better spent using Fitch to get an MBA and/or a CFA, the. Leaving after 2-3 years.

    Cons

    Highly political environment especially in corporate finance. Weak, naive management favor their clique and retaliate at those not falling at their heels. As senior analysts are forced out and junior analyst gain their experience then leave, management is at a loss as why they cannot maintain loyalty. Over my 10+ years, the company has become a toxic cesspool headed by mysogynistic megalomaniacs.

    Advice to Management

    Advice to Hearst management: take a hard look at the folks in charge in London, especially since they do not value human capital. They intentionally keep wages low due to arrogance about prior low employee turnover. Word gets around academia, recruiters, and potentially strong employees about poorly run organizations such as Fitch.


  7. "Great place to work!"

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

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

    Pros

    Good work life balance. Freedom to choose how you develop. You are your own boss when it comes to picking a new technology/framework.

    Cons

    Office politics might delay certain things. That is expected at any work place. If you keep your head in what you are supposed to do you will be fine.


  8. Helpful (3)

    "IT behind the times"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

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

    Pros

    People overall are professional. Most make the best of of it.

    Cons

    Zero training yet understanding of the firm's internal apps required to 'hit the ground running'. Zero application documentation, developers write the code and support production- and typically only one per app . IT Development runs the show are located in multiple countries including outsourced coders in India so time zone diff. Physical work conditions are like grade school homeroom without a locker.

    Advice to Management

    Apply risk mgmt methods throughout IT. Eg if one key app developer leaves/gets hit by a trolley...
    Implement app training from both IT and business usage onboarding


  9. "Ok"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great team and working environment

    Cons

    Lack of growth opportunities for me


  10. "Good place to work"

    Star Star Star Star Star
    • 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
    Neutral Outlook
    Approves of CEO

    I worked at Fitch Ratings full-time

    Pros

    Overall a good place to work, health benefits seemed very good, most people seemed to have good work life benefits and work reasonable hours

    Cons

    My particular team (non-analytical) was consistently under-staffed, salary & bonus not competitive for non-analytical staff

    Advice to Management

    Incrase salary for support functions


  11. Helpful (4)

    "Not really challenging"

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

    I worked at Fitch Ratings full-time

    Pros

    Relatively low levels of stress re timing and work load (aside from peak season or looming deadline of course), most people were pleasant

    Cons

    People were mostly okay to deal with, but environment didn't encourage a lot of team work. Many have only worked at Fitch and lack background from financial side

    Advice to Management

    Compensation needs to be better aligned with market if you want to attract new people and diversify your employees' profile



Showing 242 of 260 reviews
Reset Filters