Pros
-Good work-life balance. -Generally a casual, collegial environment. -Morningstar has an excellent brand, and takes its role of improving the lives of individual investors quite seriously. Seriously, it's not just empty lip service. Dedication to the mission is palpable.
Cons
-It's an open secret that there's a lot of dead weight, but nothing is done to resolve this -The bonus structure is confusing, and for most, the company's performance makes a much bigger impact on the bonus payout than personal performance. -Pay is quite low, but management pretends it isn't. You're not fooling anybody. -Some colleagues are responsive and helpful, others are worse than useless and make you wonder how they ever got into their position. -HR is not particularly competent or helpful. Don't get me wrong, there's a lot to like about working for Morningstar. But, the positives are outweighed by the negatives of low pay, unhelpful HR, and frustratingly incompetent coworkers. Hence, the two-star review.