Morningstar Reviews | Glassdoor

Morningstar Reviews

Updated February 25, 2017
522 reviews

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3.5
Star Star Star Star Star
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Morningstar CEO Kunal Kapoor
Kunal Kapoor
10 Ratings

522 Employee Reviews

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Pros
  • Great management, great work life balance (in 115 reviews)

  • Constantly changing work environment (in 59 reviews)

Cons
  • Very low pay (made up for with excellent perks) (in 32 reviews)

  • Clearly senior management aren't interested in attracting and retaining top talent outside the HQ (in 23 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (1)

    "Product Marketing Manager"

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

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

    Pros

    Smartest people and also the kindest, and people have very long tenures so there is deep expertise

    Cons

    Long-established structure and ways of doing things can make it hard to change up the way things are done

    Advice to Management

    Be more transparent with the way we communicate, please!

    Morningstar Response

    Feb 21, 2017 – CEO

    Thanks for your encouraging feedback. We're glad you appreciate some of the really great aspects of our company and culture, particularly our people. We do try to foster a culture of kindness in our ... More


  2. Helpful (2)

    "Software Developer"

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

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

    Pros

    Good work life balance, good working environment, few good projects for techie

    Cons

    less salary, old tech stack, less bonus.

    Morningstar Response

    Feb 22, 2017 – Chief Technology Officer

    High five! Thanks for your positive feedback and for doing your part to make the Technology team here at Morningstar even stronger. I obviously don't know what you work on, but as you know ... More


  3. "Beware Marketing Jobs Here"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing in Chicago, IL
    Former Employee - Marketing in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Brand name, Benefits, Location, Good culture, learn about investing

    Cons

    No direction
    Weird marketing department structure
    Low bonus pool this year
    High turnover
    Caters to spoiled MDPs
    No one is held accountable

    Advice to Management

    There is a good reason this place is hiring. Almost all the marketers quit. I would say turnover is 70%. No strategy, or execution. Nobody cares, you're there to serve the brand. With a tiny budget. (If you are successful you won't be rewarded for that either.)
    Bad leadership in the marketing department. They don't have good relationships with people and their ideas are wishful thinking.

    My recent exit interview with HR was pathetic. I saw candidates walk after low-ball offers for jobs here. Don't waste your time here if you are over 27 years old.


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  5. Helpful (3)

    "Analyst"

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

    I worked at Morningstar full-time

    Pros

    Casual work environment, generous benefits. Great place to build skills, track record and network.

    Cons

    Comp is mediocre to below-average, especially for high performers.

    Advice to Management

    Don't let all-stars walk b/c of comp


  6. Helpful (1)

    "Product Manager"

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

    Pros

    The work schedules were very flexible and there was always room for growth. The company has a great reputation.

    Cons

    There were too many layers of middle management and not enough people to do the actual work. This led to projects needing to be reworked several times due to errors.


  7. Helpful (2)

    "Product Support"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Oakland, MD
    Former Employee - Anonymous Employee in Oakland, MD

    I worked at Morningstar (More than a year)

    Pros

    Good Benefits and good perks

    Cons

    Management is too strict on employees


  8. Helpful (6)

    "DO NOT BE FOOLED"

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

    I worked at Morningstar full-time (Less than a year)

    Pros

    Sounds like a good company to work for

    Cons

    Lazy people
    No work-life balance in product support
    Low Paid
    No incentive to work hard
    Management is biased

    Advice to Management

    None. This company has zero hope.

    Morningstar Response

    Feb 15, 2017 – CHRO

    Ouch! I’m sorry you left with such an unfortunate opinion of us. Judging from the overwhelming number of positive reviews we see on Glassdoor from other prospective, current, and former “MDPs” (our ... More


  9. Helpful (1)

    "Nice place"

    Star Star Star Star Star
    • 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 Morningstar (More than a year)

    Pros

    Open work-culture. Despite being an old company, it carries start-up culture. Loads of learning opportunities

    Cons

    Lot of re-org, which brings a sense of anxiety amongst employees


  10. Helpful (1)

    "Great Opportunities"

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    Great autonomy and room for growth

    Cons

    Better structure (processes, organizations, teams)

    Advice to Management

    Understand strengths and weaknesses within your teams

    Morningstar Response

    Jan 11, 2017 – CHRO

    Thanks so much for your five-star rating! We don’t take that for granted, and we know even the best have room for improvement, but we appreciate your vote of confidence. It was interesting to see ... More


  11. Helpful (13)

    "Disappointing"

    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
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    -Hours are great
    -Vacation policy is top notch
    -Positive culture

    Cons

    -Morningstar is trying to make a big push to improve performance, however one area that is seemingly unaddressed is management at all levels. It is, at best, mediocre. Managers across all levels of the business either lack the skills or interest in their employees to really be effective. While there are certain exceptions, the norm is incompetency.
    -Frankness: rarely is the company message frank, rather fluffy
    -HR is a joke
    -The pay is low
    -Tech is bad, probably because mgmt does not want to pay for good technology
    -Advancement opportunities are scarce
    -Research is too conservative

    Advice to Management

    Train your managers



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