Morningstar

  www.morningstar.com
  www.morningstar.com
There are newer employer reviews for Morningstar

1 person found this helpful  

Great place to work if you can afford the starting salary.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Data Management Analyst in Oakland, MD (US)
Current Employee - Data Management Analyst in Oakland, MD (US)

I have been working at Morningstar full-time (less than an year)

Pros

Flexible Schedule
Unlimited Time-Off/Vacation
Great Team Environment
Good Training Program

Cons

Starting Salary is not up to par with Job Requirements

Advice to ManagementAdvice

Improve the starting salaries to more closely compete with the job, not the area.

Recommends
Positive Outlook
Approves of CEO

301 Other Employee Reviews for Morningstar (View Most Recent)

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  1. 1 person found this helpful  

    good benefits, low salary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technology in Chicago, IL (US)
    Current Employee - Technology in Chicago, IL (US)

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

    Pros

    benefits, work location, newer building

    Cons

    lack of internal career growth thus stagnant salary. no team like atmosphere. If you're on the technical side you're considered second class, easily interchangeable, not easily promoted.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 3 people found this helpful  

    Great work/life balance, but very low pay and unclear career trajectory.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Data Analyst in Chicago, IL (US)
    Current Employee - Data Analyst in Chicago, IL (US)

    I have been working at Morningstar full-time

    Pros

    -Very relaxed environment (probably with the exception of Product Support).
    -Typically 40-50 hours of work per week
    -Very nice managers, no big egos to worry about, you will never get yelled at.
    -Many opportunities to make a business impact.
    -Lunches with senior executives.
    -Places well at Kellogg and Booth part time programs (not full time however).
    -Amazing vacation policy and summer hours
    -Partial Tuition/CFA support
    -Patio parties
    -Improving reputation among media.

    Cons

    -Well below market pay throughout the firm (i.e. Data Analysts typically start at 45k).
    -Shortage of middle managers.
    -Limited exit opportunities (you won't be doing traditional finance in most roles).
    -HR is largely uninvolved in supporting employees once hired (MDP status is unhelpful).
    -No clear career trajectory, you have to apply and interview for any new position.
    -Not always a meritocracy, working hard is often unrecognized.

    Advice to ManagementAdvice

    Morningstar is a good company with great people and strong senior leadership in a struggling industry. Unfortunately, the firm fails to fairly compensate employees at most levels, leaving many of the most talented employees to view their position as just a job, not a step forward in their career development. To that same end, HR needs to help implement a competency model that allows employees to develop a realistic and meaningful career trajectory. Finally, please consider adding more headcount at the middle management level, which will allow junior employees to remain motivated in their career progression.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
There are newer employer reviews for Morningstar

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