Morningstar DBRS reviews

4.0

91% would recommend to a friend

(268 total reviews)
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Detlef Scholz

62% approve of CEO

66% positive business outlook

Morningstar DBRS has an employee rating of 4.0 out of 5 stars, based on 268 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Morningstar DBRS employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.7 stars).

Reviews by job title

268 reviews
1.0
May 8, 2018

Company needs to be gutted!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work Lifestyle Balance Decent Salary Great Location Clean Office

Cons

Since the company was sold the culture of DBRS changed! Branding as a Canadian organization, but run by Americans in New York and think the clients don't know this.... morale went down the toilet and so di the quality of the product. Claim to want to listen to their employees by conducting surveys but do not implement any changes to improve things! Turnover year over year has increased, many long standing loyal employees left for greener pastures. Bonuses for middle management are insulting while senior management gobble up the biggest pieces of the pie. Claim that there is some sort of metric in place for bonuses which depending on who you talk to varies in the explanation. Under performing US offices coincidentally where all the executives and senior leaders are housed are paid handsomely and bonuses are high. Explain to me how the US operation which has not made any money in years.. and is supported by the performance of the Canadian operation has the largest salaries, and biggest bonuses? HR Department practically does nothing. Pro Senior Management and inefficient. Toxic gossip runs wild If you stand up for yourself.. you are branded and eventually your days are numbered. In terms of career growth and advancement? Non existent. People are hand chosen and groomed. Often those positions are not posted for those interested to apply for. Favoritism is quite evident.

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Morningstar DBRS Response
8y
It is unfortunate that your perspectives on DBRS is not aligned with the facts. Our global business is stronger now than any time in our history. Furthermore, the U.S. business has been profitable as a standalone business for over 8 years. Our voluntary attrition in Canada continues to be below the overall average of companies in Canada and in-line with our expectations. Lastly, in terms of career growth and advancement, over 65 people were promoted last year at DBRS, which is reflective of the growing needs of our business and the performance of our people.
1.0
Jun 23, 2014
Recommend
CEO approval
Business Outlook

Pros

There are some really nice people who work there and it is a good place to train and learn credit analysis. Good work life balance because they don't have many deals.

Cons

Far too many cons to name them all. The owners. Senior management. HR. Lack of resources. Working here will kill your career. They don't have many deals but you have a large workload.

1.0
May 3, 2019

Worst onboarding experience ever

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Relatively flat hierarchy, good communication with higher management, good online and offline training offerings

Cons

HR in the EU is a disaster, no local knowledge of labour legislation, and the onboarding of most new employees in Germany was rather chaotic. Also, trial periods differ according to individual employees: some had a 3 month trial period while others had six, with no feasible explanation. I was told two weeks before the end of my trial period that "I did not look happy and would be better off elsewhere" by my manager, with no further explanation. There was no warning, no discussion about my performance during the trail period. I was engaged as a manager and will be replaced by an analyst. Even before signing the contract they changed my job title mid-way offering unconvincing reasons. Terrible overall experience.

Viewing 85 - 87 of 268 Reviews

Glassdoor has 318 Morningstar DBRS reviews submitted anonymously by Morningstar DBRS employees. Read employee reviews and ratings on Glassdoor to decide if Morningstar DBRS is right for you.