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      Morningstar

      Engaged Employer

      Morningstar reviews

      3.8

      75% would recommend to a friend

      (4,137 total reviews)
      avatar

      Kunal Kapoor

      83% approve of CEO

      71% positive business outlook

      Ratings by demographic groups

      Morningstar has an employee rating of 3.8 out of 5 stars, based on 4,137 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Morningstar employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.7 stars).

      Reviews by job title

      4K reviews
      1.0
      Jul 30, 2017

      Bad project and bad management

      Software engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good work life balance, nice people to work with. Good location. There are many training opportunities such as agile training.

      Cons

      The projects are old, monolithic systems that are hard to work with (business logic lives in big, thousands of line, stored procedures that no one understand, environment variables, connection strings, etc are hard coded everywhere, making the code unreleasable) Very little motivation and upward mobility (unless you are already a manager who is good at talking). Managers are micromanaging and rarely gives praises, only finding problems such as you missed a meeting, your refactoring effort produced some bugs, etc)

      avatar
      Morningstar Response
      8y
      Thanks so much for your feedback. We've definitely built and acquired a great many products over 30+ years. No doubt about that! For many of the older products, our challenge is to reduce and retire complexity that's been introduced over time. I'm sure that's not always fun. Like most organizations our size, I'm sure there are great managers and some who have room for improvement. My goal is to bring consistency to our leadership and I've been skipping levels of management to talk to people like you to find out what is working well and what is not. You don't have to wait for me to find you though, because you can always come speak to me. I'd love to hear from you.
      1.0
      Mar 31, 2017

      Weak and Incompetent IT Leaders

      Senior software engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good coffee machines in place

      Cons

      Senior IT leaderships used to be responsible and hardworking. They produced competitive products. But lT leadership has become weak and weaker recent years in Chicago and offshore offices. They try hard to be good politicians but showed no ability and intention to make Morningstar an ethical, healthy, innovative working environment. Hiring friends with no technical skills, meaningless technical town hall meeting to show off things not important, laid back managers with no technical skills, making overseas business trips as their personal vacations and hangovers, Weak leadership builds weak teams. The good old days are gone...

      avatar
      Morningstar Response
      9y
      Ow. Since you took the time to write this scathing review, I have to assume that you're not happy at Morningstar, that you feel no one in technology leadership will listen to you, and that you feel our best days are behind us. That's certainly not the state of mind I want anyone in our technology organization to be in. It's the exact opposite. I want you to love coming to work. I'll do my part. Since I assumed the role of CTO last August, I'm now at the top of senior IT leadership and I take your comments very seriously. I obviously cannot know who you are referring to when you say "they", but "they" cannot possibly be our entire senior IT leadership team. I'd encourage you to come talk to me about your concerns. I need to hear what's behind these comments. Our technology town hall meetings consistently receive very positive reviews as we try to cover a wide variety of important and relevant topics. Most recently, we shared information about re-imagining and optimizing our data architecture to unleash even more value. We talked about leveraging alternative infrastructure to reduce complexity, improve performance, and remove developer friction. We talked about security, disaster recovery, and uptime. I think you'd agree that these are all important topics for us to share with the broader technology organization. The technology town hall meetings provide a great way to reach the most people. We all need to bring out the best in each other. I don't believe our best days are behind us and neither should you. Thanks for your feedback. The coffee machines are pretty good, aren't they?
      2.0
      Aug 9, 2015

      Not what I expected.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Truly a laid back culture. You can dress however you'd like (unless you're meeting clients). You're given the freedom to take up projects, meet whoever you'd like (senior management is very friendly and welcoming). The people are very, very smart and Chicago is great. Good general business experience Great products.

      Cons

      First role is veeeeeeeeery entry level. You're either placed in their call center as client service support for their products, or you're cleaning up data as a data analyst. It's very rare to get hired as a research associate and EVERYONE is trying to get those jobs internally. It can be surprisingly disorganized. All the pros of meeting whoever you'd like, or attending any training sessions, go right out the window if you're in client service. Then you're on the phones from 8-5pm with a 1 hour break in between. If you want to meet someone or take advantage of a class, it better be on that. Management in certain departments are reluctant to hire MDPs because they'll rotate away, so they are hesitant to invest. Training doesn't exist. It's a "figure it out" type company. Technology MDPs make almost 30K more than non-tech MDPs. (Yes, tech MDPs make 75K). The company is very, very, VERY cheap. Food runs out at the "patio parties". Bagel Day is the only free food you'll get. And they don't freakin pay you! Don't be surprised when they only want to give you $500 relocation. The technology we get to work with is terrible.

      Viewing 127 - 129 of 4,137 Reviews
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