Morningstar reviews

- so many people who are deadweight. If you work hard, people will rely on you and have you do more while others get by with doing the minimum, consistency messing up- FOR YEARS. They never want to fire anyone, even though everyone is aware of how bad certain people are at their jobs. - products are poorly built because we can’t retain our tech talent. I have seen many people leave in the past year and they all complain about not being rewarded for their work or getting passed up for promotions, even though they have been told they are top performers - sink or swim culture. Works for some, not for all. You usually get very little guidance on how to approach a problem or come up with a solution. It’s a good thing because you can show how much you shine, but it’s cruel to expect younger people with little or no experience to perfectly execute something - poor people management. None of the managers are trained to actually manage people. HR just expects them to wing it. - the MDP program lies. I believe they might be transparent now but when I started, they told all of us you were entitled to 3 rotations within 3 years and you could work in marketing, Ops, behavioral Science, research, HR, etc. You find out the day you start that you will in fact be stuck in a queue for 8-9 hours a day, handling horrible advisors who are upset at bugs in our products or who are too stupid to fill out forms correctly and thousand dollar mistakes. The job was originally posted as “product consultant” which translates to “learn how to use this product perfectly, understand our data and methodology, and handle all the s$@&t that comes your way with a smile.” After your first rotation, you don’t even have an assigned rotation like other programs. You basically are just another internal candidate competing with everyone else in the past 4 classes of MDPs.

There are 3 main problems with the MDP program: 1) It is not challenging It is not a secret that everyone goes on to the phones for their first rotation. After the first 2 months, there is no growth opportunity. It becomes mundane and the stretch projects offered do little to increase one's skillset. The work given to MDPs even after their first rotation is still simple. In short, this program is not for the ambitious person. 2) Underpaid The salary is far below street average with an almost laughably low bonus. 3) The Work There's a great deal of apathy at this firm which shocked me. There are far too many people who are dead weight and don't do work (either due to laziness or there isn't enough work to go around). In short, this firm is the opposite of lean and there are many teams with far too many people assigned to do the same exact job. The laid back culture has had some negative affects as some floors in the building are almost entirely empty on Fridays. It's great not to be in a workaholic culture, however, it shouldn't be the case that nothing gets done can get done simply because it's Friday.