Let Go After Product Retired - Customer Support Representative Morningstar Employee Review

4.0
Mar 9, 2026
Recommend
CEO approval
Business Outlook

Pros

I worked with a good team, and managers. Both very supportive. Unlimited PTO as long as its used responsibly. Good work/life balance. Yearly raise, and bonus.

Cons

Yearly raise, and bonus does not match the amount of work put in. Its very disappointing when you are a dedicated employee who performs above expectations and only get a tiny raise and small bonus. The bonus was less than $2,000 every year (after taxes) and I worked there for 5 years. They retired a product and fired everyone who worked on it. Sure they provided a severance package but they lost many employees who had given the company years of commitment. After 5 years and always exceeding expectations, I was never offered a new position or opportunity for growth. Company does not like remote employees at all, and have become extremely strict with a hybrid schedule.

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Morningstar Response
3mo
Thank you for sharing your experience. We agree that compensation, recognition, and growth opportunities matter, and we regularly review pay and incentives in the context of role scope, performance, and market factors. As our business evolves, some product decisions are difficult. Any decision that impacts our team is never taken lightly. Per the comment about our in-office approach to working, we believe coming together in person matters, which is why we’ve set clear expectations around a four‑day in‑office schedule focused on collaboration and learning.

Explore other reviews about Morningstar

5.0
Apr 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Collaborative environment, learning mindset, great work life balance

Cons

Not a lot of exceptions for fully remote status

4.0
Apr 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Really kind people work here, for the most part everyone I have worked with is smart and I have learned so much from them. There are great benefits: unlimited PTO, 6 week paid sabbatical is earned after 4 years of employment, 6 month maternity leave. Great location of an office. Great work life balance.

Cons

Not very competitive pay and it is easy to hit a ceiling in your career development. New HR policies are kind of strange, will not promote you unless you make enough money to be promoted which they designed the system to make it so you cannot go up. HR has also laid people off because they make too much money without considering the consequences of removing senior employees with unique/not stored intelligence vital to the company. They also hired a bunch of remote employees, then implemented a 4 day required in office rule no matter if you live states away from an office, which pushed hundreds of people to quit, not receive their bonus, and not require M* to pay them severance. It didn't use to be this way but the last year or so has been strange.

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