Great culture, not competitive compensation - Project Manager Morningstar Employee Review

4.0
Apr 23, 2011
Recommend
CEO approval
Business Outlook

Pros

A really great culture - people are very open, its very laid back. You do feel like senior management is open, honest, and approachable. Company meetings are well planned, informative, and even entertaining. Definite opportunities to make big impacts on Morningstar Products. Chicago office is beautiful and state of the art - really a pleasure to work at.

Cons

Very unclear career paths, very little guidance. They tout this as a 'benefit' - you make your own career - but really this is a cop-out. Pay is definitely below market for similar positions elsewhere and may not even keep up with inflation so make sure you are happy with your starting salary.

Explore other reviews about Morningstar

5.0
Apr 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Collaborative environment, learning mindset, great work life balance

Cons

Not a lot of exceptions for fully remote status

4.0
Apr 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Really kind people work here, for the most part everyone I have worked with is smart and I have learned so much from them. There are great benefits: unlimited PTO, 6 week paid sabbatical is earned after 4 years of employment, 6 month maternity leave. Great location of an office. Great work life balance.

Cons

Not very competitive pay and it is easy to hit a ceiling in your career development. New HR policies are kind of strange, will not promote you unless you make enough money to be promoted which they designed the system to make it so you cannot go up. HR has also laid people off because they make too much money without considering the consequences of removing senior employees with unique/not stored intelligence vital to the company. They also hired a bunch of remote employees, then implemented a 4 day required in office rule no matter if you live states away from an office, which pushed hundreds of people to quit, not receive their bonus, and not require M* to pay them severance. It didn't use to be this way but the last year or so has been strange.

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