Fitch Ratings Reviews | Glassdoor

Fitch Ratings Reviews

Updated October 14, 2017
278 reviews

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278 Employee Reviews

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Pros
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. Helpful (1)

    "Interesting Work"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Given meaningful assignments even at such a junior role. Great people to work with.

    Cons

    Company needs to increase compensation and bonuses.


  2. Helpful (17)

    "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
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Fitch Ratings (More than 8 years)

    Pros

    Fitch provides good training for beginning analysts. Pay was decent.

    Cons

    Since the takeover by Hearst (2015) there's been lots of chaos. Roles are poorly defined or not at all. Many, many brand new staff members (since almost all of the experienced people have left) who are unfamiliar with how things need to be done. Lots of pressure to meet unreasonable deadlines. It's really an unpleasant place to work now.

    Advice to Management

    focus on employee retention so the best and most experienced people stop walking out the door

  3. "Fitch is on the right track"

    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

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

    Pros

    Strong culture, scrappy, intellectual, growth-oriented, respected by investors

    Cons

    Burden of increased regulation post Dodd-Frank


  4. Helpful (1)

    "Good"

    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
    Approves of CEO

    Pros

    Good work life balance and company culture

    Cons

    Low pay and raises are typically minimal


  5. Helpful (4)

    "Dynamic but inefficient"

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

    I have been working at Fitch Ratings full-time

    Pros

    dynamic environment, opportunity to get ahead, recognize individual contributions

    Cons

    technology is behind the times, work processes are cumbersome

    Advice to Management

    invest in technology


  6. Helpful (4)

    "Good work life balance"

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

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

    Pros

    Flexibility to work from home once in a week.

    Cons

    Sr managers/directors love to get involved with everything and at times it becomes really difficult to do your work due to non-stop interfrence.

    Advice to Management

    Trust your employees and leave them alone so the can do their work. Stop being insecure if someone else getting recognition. Retain your good employess.


  7. Helpful (2)

    "Not a bad place to work for 2-3 years but know that accepting the job."

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

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

    Pros

    Great work/life balance, ample opportunity to meet with clients and if there is opportunity, grow the businesses. Work closely with other teams there, Marketing, Product, Analysts if you wish. Most co-workers are really great people but like every organization, there's always a few who just aren't.

    Cons

    0 opportunities for career advancement. Nobody has ever been promoted thus the extremely high turnover .No direction, no training and they want the junior roles to be more secretary than anything else. Basically to make quota, you need to charge your clients more without giving them anything in return. (Great business model...)This is an extremely saturated space and they have hyper-inflated quotas, which does not end well and only a select few hit quota. At the end of the day, the EMEA team will always do better than the Americas and that's all you ever here.

    Advice to Management

    Train your junior employees. People really want to learn and grow here but there's 0 opportunity for that and then you lose everyone eventually. Lead by example don't just tell people what to do.

  8. Helpful (5)

    "Bullies Galore"

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

    I worked at Fitch Ratings (More than 3 years)

    Pros

    work life balance, great benefits

    Cons

    If you aren't in with the in crowd they will make your life miserable. You could be the best performer but if one of the cool kids doesn't like you watch your back. I have never experienced such an unprofessional work environment.

    Advice to Management

    Evaluate fairly. Drug test more frequently because you have a bunch of drug users working there.


  9. Helpful (2)

    "Great place to work"

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

    Pros

    Work/Life balance. Decent pay and great intelligent people to work with

    Cons

    To stodgy and a bit uptight. Time to be a bot more forward thinking

    Advice to Management

    Loosen up, allow for more innovation and technology. Allow work from home


  10. Helpful (1)

    "Interesting work, good people, steady place to work"

    StarStarStarStarStar
    • 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
    Recommends
    Positive Outlook

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

    Pros

    Great people . Supportive management. Job flexibility.

    Cons

    Limited advancement in some sectors.

    Advice to Management

    Keep taking the high road and remember that good analysts are your best asset.


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