Is Morningstar a good company to work for?

Morningstar has an overall rating of 3.8 out of 5, based on over 4,443 reviews left anonymously by employees. This rating has decreased by 5% over the last 12 months. 75% of employees would recommend working at Morningstar to a friend and 70% 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 595 reviews)); "Good culture and good to start career" ((in 507 reviews)); "The people are great and fun to work with." ((in 315 reviews)); "Good Work Culture and Collogues" ((in 314 reviews)); "Great benefits and paid sabbatical" ((in 187 reviews))

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

"low salary and lack of long time challenge" ((in 296 reviews)); "One of the cons would be the low pay considering the city it is located at and the cost of living." ((in 277 reviews)); "Low compensation compared to the industry" ((in 95 reviews)); "Limited growth opportunities in specific areas" ((in 48 reviews)); "making and senior management were not strong." ((in 30 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

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Morningstar

Morningstar reviews

3.8

75% would recommend to a friend

(4,141 total reviews)

Kunal Kapoor

83% approve of CEO

70% 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 4,141 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 3, 2017

Your mileage may vary - need to allow WFH

Senior software engineer

Recommend

CEO approval

Business Outlook

Pros

Friendly people, nice location in downtown Chicago, if you get a good manager you are set. The development organization is not really that young here, so if you are an older person it can be very comfortable. Rarely expected to work OT.

Cons

1) Old software architecture - it's like pulling teeth to try to get some unit tests written; 2) Inconsistent processes across and within groups - in my group, development is sort of Agile, business is still waterfall - bad mix; 3) Too much outsourcing oversees, so collaborative development is impossible; 4) Not allowed to work from home regularly.

2.0

Feb 26, 2017

Reposting of a 2015 review - nothing has changed

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

*Flexible work environment *Nice downtown location *Ability to get involved in community programs

Cons

*A bit of a culture of cronyism *Nearly impossible to get a promotion unless you are already in a leadership role (I believe Morningstar is trying to address) *No accountability (still a BIG problem) *Lots of meetings even though there has been a push to limit meetings *No appreciation for it's most experienced employees

3.0

Dec 26, 2015

Good work life balance; poor internal hiring structure, poor pay

Mdp

Recommend

CEO approval

Business Outlook

Pros

The work life balance is incredible. The entire company is on the same page when it comes to respecting the fact that work should be a high priority and responsibility, but not our first priority. There is also a lot of respect for setting up times to speak with people from other parts of the company, in terms of networking and applying for new roles in the company.

Cons

Though it is easy to set up times to speak with others, the hiring structure in most areas of the company is non-sensical. It is very tough to get a promotion, as most moves are cross-lateral due to better positions being filled by tenured, and as a result, sometimes lazy individuals who mostly try to avoid their responsibilities. In addition, the pay structure is terrible. I find it almost passive aggressive, in that even the head of HR will avoid discussing the pay structure by saying that "she isn't sure what we heard but it doesn't work [that] way". This will bite the company's talent in the long term.

Viewing 175 - 177 of 4,141 Reviews

Jobs at Morningstar

Business Analyst, Individual Investor

Associate AI Engineer

Chicago, IL

View job

Data Solution Specialist