Morningstar Reviews | Glassdoor

Morningstar Reviews

Updated December 9, 2017
150 reviews

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5.0
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Morningstar CEO Kunal Kapoor
Kunal Kapoor
49 Ratings

150 Employee Reviews

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Pros
  • Treated like an adult for issues like work/life balance (in 146 reviews)

  • Casual work environment, generous benefits (in 74 reviews)

Cons
  • low pay rate and low efficiency (in 36 reviews)

  • Way too many people take advantage of "work/life balance" (in 14 reviews)

More Pros and Cons

  1. Helpful (39)

    "Former Employees"

    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 Morningstar full-time (More than 8 years)

    Pros

    Morningstar has an open and permissive culture and a flexible work life balance. The people are kind, analytical and thoughtful.

    Cons

    Over the years, as Morningstar grew, that permissiveness has allowed some in the firm to take advantage of the culture and flexibility.

    The new CEO has addressed this problem openly and empowered leaders to challenge those who take advantage of the flexibility, something many of us appreciate and feel is a long time coming. This has been a good overall but has also generated some strong feelings from disgruntled former and current employees in the halls and on Glassdoor.

    Advice to Management

    It is openly discussed in the hallways of one former employee from the marketing group who has written multiple revenge posts on Glassdoor and that others are doing the same. Consider reporting this to Glassdoor, these rants are hurting our reputation and our recruiting.

    If you are considering Morningstar as a place to work, know that the true character of Morningstar is not represented by the impolite behavior of the angry employees writing on this sight.


  2. Helpful (34)

    "Investors first"

    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 Morningstar full-time (More than 5 years)

    Pros

    Lots of marketing technologies and tools
    The culture to put investor interests first
    The behavioral science work
    Partnership with sales
    401K

    Cons

    Growing pains from approaching $1B size
    Booking a conference room

    Advice to Management

    Be more specific about how you are addressing 'thorny issues'

  3. Helpful (35)

    "Loving my job! Lots of opportunities!"

    StarStarStarStarStar
    • 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 (Less than a year)

    Pros

    Generous time off policy - no bats an eye if you take time off as long as you and your team delivers. Of course the expectation is that its all hands on deck during crunch time, but once things settle down, you are actively encouraged to take a break.

    Lots of freedom to work from home too. This has allowed our team to deal with personal/family/health issues while still remaining productive.

    Great people to work with. I think Morningstar puts a heavy emphasis on hiring for cultural fit, especially ability to work in teams and collaborate. I enjoy coming to work because of the people I work with.

    Cons

    The cons listed below I see more as opportunities; I list them though since anyone looking to work at Morningstar should be aware of these things that not everyone appreciates or wants in an employer:

    Morningstar is changing the way it's whole technology platform is structured, and this naturally leads to a lot of the pains one might imagine from a company its size embarking on such a mission. It's caught in two worlds: trying to please it's existing customer base while maintaining (and even expanding) certain systems, and, experimenting with and leading the charge into new technologies and services. It is headed in the right direction, and the leadership is doing a great job at communicating the vision. Still, you need to be able to function within the tension created by the conflict of these two very different worlds.

    Morningstar's core technology platform is developed by teams spread across the world, and this requires either holding meetings outside of normal work hours or being happy with a 24hr question-response cycle, if your team is dependent on another team's work.


  4. Helpful (33)

    "Awesome company"

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

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

    Pros

    Great people are willingly to listen and help!

    Cons

    Not much that I can think of

    Advice to Management

    Thank you for all the efforts! :)


  5. Helpful (31)

    "Engineer"

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

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

    Pros

    Great firm to work at.

    Cons

    Nothing complain. It is a good firm.


  6. Helpful (33)

    "Cool Company"

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

    Pros

    Great team, excellent people, learning environment

    Cons

    Not that much bad things.


  7. Helpful (33)

    "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Conversion Specialist in Oakland, MD
    Current Employee - Data Conversion Specialist in Oakland, MD
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The work-life balance at Morningstar is awesome. Better than any job I've ever had. Management is open to new ideas. The 6-week sabbatical is such a lovely bonus. Our insurance is very good, and our cost is quite low. I truly love working here.

    Cons

    I wish our yearly raises were higher. However, we are on par with the rest of the country, but everyone likes a nice raise.

  8. Helpful (35)

    "A worthwhile mission and great people"

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

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

    Pros

    •Great team of people
    •A mission I can believe in (helping individual investors)
    •Great flexibility and work/life balance
    •Excellent facilities
    •Good compensation
    •Lots of freedom to accomplish work

    Cons

    •There is much freedom - people who don't thrive without a rigid structure may have trouble adjusting.

    Advice to Management

    •Keep sticking to our core values, especially Investors First and Great People - continued success will come easily.

    Morningstar Response

    Oct 5, 2017 – CEO

    Thanks for your kind words and the public recognition of our many workplace assets. I also noted your comment “people who don't thrive without a rigid structure may have trouble adjusting.” A... More


  9. Helpful (33)

    "Great environment"

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

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

    Pros

    Fun work enviornment with room for lateral movement within the company.

    Cons

    No cons. I would love to work there again if I could.


  10. Helpful (8)

    "Solid workplace"

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

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

    Pros

    - Educational stipend is a generous way for employees to grow (if they want it)
    - You can create your own success and senior employees make themselves accessible
    - The culture is welcoming to people of all backgrounds/degrees

    Cons

    - Things can take a while to get done
    - Sometimes entry level employees feel lost or disengaged unless they're actively seeking help/advice


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