Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      Morningstar

      Engaged Employer

      Morningstar reviews

      3.8

      75% would recommend to a friend

      (4,131 total reviews)
      avatar

      Kunal Kapoor

      83% approve of CEO

      70% positive business outlook

      Ratings by demographic groups

      Morningstar has an employee rating of 3.8 out of 5 stars, based on 4,131 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
      Oct 12, 2017

      Irrevocable Damage

      Senior technologist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good location, there's some bright spots left based on some positive reviews left on here... still hopeful company will find itself and go back to its roots. People generally mean well.

      Cons

      Where to start...what once was a thriving culture of collaborative minds has now turned into a toxic environment full of bullies. The leadership is incapable of bringing people together and fostering an environment where people feel valued and are able to do their best work. Morningstar's culture used to be what attracted high caliber talent to its doors and employees would look past the below market pay because they truly felt happy and proud to work here. The caliber of technologists used to be on par with Silicon Valley, you used to leave inspired. Now people can't wait to get out. All the great technologists have left and the remaining are folks that are good talkers. As a result, the company fails to execute and products never get off the ground. The high turnover particularly in the tech org and the new "C" level leadership that were promoted from failed acquisitions have done irrevocable damage to this company. I still hope that one day Kunal and Joe finally wakes up and make some changes.

      avatar
      Morningstar Response
      8y
      This must be Bash the CTO month. As you know from what I've said, culture is perhaps the most important aspect of any organization. A culture built on trust, transparency, and accountability is what will win the day. One that brings out the best in others is one that ultimately innovates and thrives. Not everyone wants to change. Change is tough and we are in a season of change. I shared this quote from Thoreau with everyone recently. "Never look back unless you are planning to go that way." We cannot live in the past. We have to create a future that is better. Culture is your responsibility as well as mine. I hear a lot of frustration in your review. You say that all the great technologists have left, but that is just not true. Have some left? Of course. But you're still here, right? I'm sure many of your colleagues might take exception to your comments because they are great technologists like you, they are here, and they are excited about their work. I know them. You know them, too. You certainly might speak for some, but I know you do not speak for all. We have over 1400 hard working technologists at Morningstar. If there's bullying going on in your part of the organization, I want to know about. I am not a bully nor do I tolerate bullying if I know about it. No leader is a savior. Like a coach, I have to make sure players are prepared and that I (along with other leaders) remove obstacles to success. At the end of the day though, it's the players who are on the field. If we're not winning, we have to work together on changing the game plan based in part on what the players are seeing on the field. We can only win together. Speak to me directly because I am listening. You and I have an important role to play in creating a future that is better than the past you've reflected on.
      1.0
      Jun 8, 2018

      What a mess!

      Senior software engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      401K match. Work life balance in pockets. Can learn basic investment.

      Cons

      Its an old ship with thousand holes and blind tech management is building a castle on top of it. Top Heavy - Directors, Head Of Technologies, Practice heads(ever heard of this?) , Senior Tech Managers, Managers, Tech Leads and what not! Crazy politics in tech organization. Even frameworks are chosen based on who is heading the department. Cartels recruiting from their own family and friends and placing them in no responsibility areas. 90% of resources does full time management nonsense in Chicago, and all s/w development is slowly moved to India and China. After few years everyone in Chicago will be directors and will direct each other :-) while all s/w development will move to India and China. A Listers are harassed to quit while C Listers are finding every opportunity to replace them with their D Lister friends. If you are a genuine guy interested in contribution and execution, you will not survive here for 2 years. I did not! Company hardly makes $900 million in revenue and every one here preaches as if they are running 100 Amazons in a 7 floor office. Management has no idea how to fix the mess and those who have, are sidelined and kicked.

      avatar
      Morningstar Response
      8y
      There’s no doubt that running a company built over time, with many complex customer verticals, markets, and technology, can get messy! Morningstar is growing and continually stretching to build and scale the best global technology team and products out there. We’re sorry to hear about your experience and that it didn’t meet your expectations. We're moving fast to innovate, and our strategy is often not communicated with perfect clarity to all team members. That sounds like part of what we missed with you. We’re learning as we grow and will share your feedback with the technology team so that we do a better job communicating with all contributors at all levels of our tech organization. Thanks for your feedback.
      5.0
      Jun 7, 2017

      Unique advantage: work-life balance

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      I don't know of any other company, especially in the financial services industry, that offers such great work-life balance. If that's your priority, this is the place for you. Pros: Excellent work-life balance (reasonable work hours, vacation, sabbatical) Excellent benefits (health insurance, 401k) Interesting work Not stressful Respectful, diverse, all-inclusive culture

      Cons

      Compared with other companies that make you work 14-16 hours a day and pay you for it, Morningstar's compensation leaves a little bit to be desired. If you're young and hungry and you want to advance quickly and increase your salary quickly, this is not the place for you. Cons: Monetary compensation (salary) below market. They will counteract this by saying that "total compensation" (including benefits, etc.) is aligned with the market, and there is some truth to that. But if you're in finance to make a lot of money, you'd probably be better off at a bank or asset manager. You'll make double the money, but then again, you'll work double the hours, too. My conclusion: this is the perfect place for me, but I understand why it may not be such a good fit for others.

      Viewing 13 - 15 of 4,131 Reviews
      Related searches: Morningstar jobs | Morningstar salaries | Morningstar benefits | Morningstar interviews | Morningstar conversations
      ReviewsMorningstar reviews

      Glassdoor has 4,433 Morningstar reviews submitted anonymously by Morningstar employees. Read employee reviews and ratings on Glassdoor to decide if Morningstar is right for you.