Morningstar Reviews | Glassdoor

Morningstar Reviews

Updated April 21, 2017
549 reviews

Filter

Filter

Full-time Part-time

549 Employee Reviews

Sort: Popular Rating Date

Pros
  • Good work life balance, good working environment, few good projects for techie (in 118 reviews)

  • So much room for growth, very obvious care for clients, energetic and intellectually stimulating work environment (in 65 reviews)

Cons
  • Very low pay (made up for with excellent perks) (in 34 reviews)

  • Some senior management guys can hardly communicate in fluent english (in 23 reviews)

More Pros and Cons

  1. Helpful (6)

    "Senior IT leadership is seen weak, and not trusted."

    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
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    You, as senior/junior engineers, have freedom to choose your technology, because technology leadership(on multiple levels) has no idea and no ability to provide guidance.

    Cons

    Very unstable leadership structure, the leadership cares about what they take home not your professional and personal growth. They're passive aggressive or ignore you.

    Morningstar Response

    Mar 5, 2017 – Chief Technology Officer

    Gah! Not what I was hoping for, but thank you for your feedback. A recent 5-star rating alongside your 1-star rating shows me that there's some unevenness that we have to work out to improve how we ... More


  2. Helpful (3)

    "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


  3. Helpful (11)

    "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


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


  5. 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


  6. Helpful (16)

    "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


  7. Helpful (5)

    "Great Place to Start Your Career"

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

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

    Pros

    - Colleagues are very supportive of one another
    - Great place to start your career (training, opportunities, flexibility, camaraderie, etc.)
    - There is incredibly flexibility when it comes to transitioning to new roles (inter department)
    - If you perform well and have a strong work ethic, you will likely be recognized for your contributions (though not monetarily)
    - Work life balance (if you take advantage of it)

    Cons

    - Compensation is well below industry average
    - Work life balance is not a reality on each team
    - If you are a high performer, you will be frustrated by low performing/lazy employees

    Advice to Management

    - Compensation needs to be competitive: Morningstar attrition rates (among high performers) are very poor. Paying well will keep top talent.

    - Cut the fat! Seriously! If you want to retain top talent, you need to foster an environment that support high performing workers, and keeping around senior (and junior) underperformers will not do this!


  8. Helpful (3)

    "Great place to work, results lagging lately"

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

    Pros

    Collaborative environment, positive mission, enjoyable work space and inclusive culture.

    Cons

    Need to shift balance toward a more performance-oriented culture.

    Advice to Management

    Focus on fewer initiatives and fund them more aggressively.

    Morningstar Response

    Dec 6, 2016 – President

    Thanks for recognizing a few of the aspects of our company and culture that make us special. I also appreciate your comment with respect to our performance-oriented culture. As you probably know ... More


  9. Helpful (4)

    "I Like It"

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

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

    Pros

    Great work/life balance
    Ability to grow in the company and wear different hats
    Great people

    Cons

    Everyone knows compensation should be a bit more competitive. Especially for workers that work hard (compared to some that come in at 9:30 and leave at 4:30).

    Advice to Management

    Make the MDP program better. You hire amazingly talented recent college graduates but the first rotation which is typically service or data is not challenging enough.


  10. Helpful (3)

    "Local Branch needs overhaul"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Management Analyst in Mountain Lake Park, MD
    Former Employee - Data Management Analyst in Mountain Lake Park, MD
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Started out well and there are opportunities.

    Cons

    Pay is below market avergage. Training was a mess until they designated a trainer which went well until they undermined her. Nepotism everywhere. Changes in processes without sufficient documentation or adequate dispersion of information.

    Advice to Management

    Have someone from the main Chicago office take charge of the local branch and fire former FCSI managers. Pay better attention to specialist employees. Increase salaries to be within market averages.


  11. Helpful (3)

    "Morningstar Development Program - great place to start"

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

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

    Pros

    -Great people - everyone here is very down-to-earth and friendly, it's a very pleasant workplace environment
    -No industry experience needed, and nobody judges you for asking questions
    -Work/life balance is excellent
    -Managers are very receptive to new ideas and willing to let you run with them
    -This has been a good first job out of undergrad in terms of meeting lots of people at different points in their career, opportunities to continue education and develop as a person.

    Cons

    -In the MDP program you have limited choice over your first role

    Advice to Management

    -Seating arrangements don't entirely make sense



Showing 549 of 590 reviews
Reset Filters