Is Morningstar a good company to work for?

Morningstar has an overall rating of 3.8 out of 5, based on over 4,441 reviews left anonymously by employees. This rating has decreased by 4% over the last 12 months. 75% of employees would recommend working at Morningstar to a friend and 71% have a positive outlook for the business. The best reviews about Morningstar have been left by employees working as Summer Intern , Associate Software Engineer and Customer Success Manager .

Does Morningstar pay their employees well?

According to anonymously submitted Glassdoor reviews, Morningstar employees rate their compensation and benefits as 3.3 out of 5. Find out more about salaries and benefits at Morningstar. This rating has decreased by 4% over the last 12 months.

How satisfied are employees working at Morningstar?

75% of Morningstar employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Morningstar 4.0 out of 5 for work life balance, 4.0 for culture and values and 3.4 for career opportunities.

What are the top reviewed jobs at Morningstar?

Data Research Analyst (462) , Research Associate (181) , Software Engineer (150) , Analyst (123) , Senior Software Engineer (101) , Data Analyst (80) , Senior Data Research Analyst (80) , Product Manager (65) , MDP Associate (58) , Research Analyst (57) , Senior Data Analyst (56) , Senior Research Associate (44) , Intern (41) , Team Leader (37) , Associate Software Engineer (36)

What are the pros of working at Morningstar according to real employee reviews?

"Flexible and good work life balance" ((in 605 reviews)); "Good culture and good to start career" ((in 488 reviews)); "The people are great and fun to work with." ((in 319 reviews)); "Good Work Culture and Collogues" ((in 307 reviews)); "Great benefits and paid sabbatical" ((in 194 reviews))

What are the cons of working at Morningstar according to real employee reviews?

"low salary and lack of long time challenge" ((in 291 reviews)); "One of the cons would be the low pay considering the city it is located at and the cost of living." ((in 276 reviews)); "Low compensation compared to the industry" ((in 102 reviews)); "Too many managers driving projects" ((in 64 reviews)); "Growth opportunities are limited for analysts who do not want to go into people" ((in 48 reviews))

What are employees saying about Morningstar layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Morningstar layoffs and their outlook for job security at Morningstar in 2026.

What are the top reviewed Morningstar locations?

Chicago , New York , Oakland , Austin , Woburn , Boston , Horsham , Jersey City , Boise , Naperville , Illinois City , Brooklyn , New Hyde Park , Rochester , Oswego , Tempe , North Pole , Billings , Washington , Cedar Park , College Station , Bristol , Los Angeles , Los Banos , Sacramento , Denver , Parker , Wheat Ridge , Sparks , New Orleans

Morningstar reviews

3.8

75% would recommend to a friend

(4,139 total reviews)

Kunal Kapoor

83% approve of CEO

71% positive business outlook

Ratings by category

4.1

Diversity & inclusion

4.0

Culture & values

4.0

Work/Life balance

3.4

Career opportunities

3.3

Senior management

3.3

Compensation and benefits

Morningstar has an employee rating of 3.8 out of 5 stars, based on 4,139 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

4K reviews

2.0

Aug 19, 2015

Not what it is made out to be

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Casual dress and work life balance. Company seems to care about it's employees. Great location in Chicago and near red line stop

Cons

Pay is very low Very slow paced environment The MDP Program lacks any real guidance Everyone is young in the organization because there is a lot of turnover

2.0

Jan 30, 2014

Morale at all-time low

Product manager

Recommend

CEO approval

Business Outlook

Pros

- Generous vacation policy - Lots of employment mobility within the company - BCBS health insurance - Generally friendly people

Cons

Morningstar is plagued with a multitude of issues right now. The company just went through a sales and internal reorg, and the aftermath is just a lot of confusion and frustration. Intra-team collaboration has basically disappeared, clients are confused about the new support structure, and development has come to a screeching halt. A key technology initiative that consumed much of the company's resources over the past 2 years all but flopped recently. Morale is at an all-time low. This is evidenced by the fact that the company used to make every "Best Employer" list, and received very few workplace accolades in 2013. The company's compensation package is so unmotivating and flawed. Top performers in revenue-driving groups can expect to receive 2-4% pay raises. The attrition rate for recent college grads is incredibly high because the starting pay is far below market, there are so many hurdles that you have to clear to move out of your starting position, and subsequent positions have job descriptions that are not clear.

1.0

Mar 18, 2023

One of the best orgs but with a terrible HR

Product manager

Recommend

CEO approval

Business Outlook

Pros

A great culture with support for long-term growth. MDP is one of their best programs for young professionals. Working at Morningstar was intellectually rewarding. People are kind. Culture is great!

Cons

HR needs help. Pay is not as competitive as the industry.

Morningstar Response

3y

Thank you for sharing your feedback on what you liked about the Morningstar Development Program. We are always excited to welcome back former colleagues to new roles but we’re disappointed to hear about your experience as a candidate. This is not the experience we want any of our candidates to have with us and strive to create a process that is transparent. We will share your feedback with the talent team to understand where we can improve. In the meantime, you can reach out to Ask HR if you would like to share any additional details. We also encourage you to apply to other Morningstar roles in the future.

Viewing 160 - 162 of 4,139 Reviews

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Morningstar

Morningstar reviews

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Ratings by demographic groups

Reviews by job title

Not what it is made out to be

Morale at all-time low

One of the best orgs but with a terrible HR

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