Is Morningstar a good company to work for?

Morningstar has an overall rating of 3.8 out of 5, based on over 4,439 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 (149) , 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?

"Good culture and good to start career" ((in 497 reviews)); "The people are great and fun to work with." ((in 326 reviews)); "Good Work Culture and Collogues" ((in 316 reviews)); "Great benefits and paid sabbatical" ((in 194 reviews)); "Employee oriented company and good work environment" ((in 91 reviews))

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

"Morningstar's fundamental business model hinges on its ability to hire people at irrationally low salaries and provide them with inadequate resources." ((in 297 reviews)); "I think the pay is low for the industry and I think it's hard to advance super high up in this company." ((in 283 reviews)); "Low compensation compared to the industry" ((in 102 reviews)); "2.In my experience managers are incompetent and rude, They have just get work done attitude." ((in 63 reviews)); "Growth opportunities are limited for analysts who do not want to go into people" ((in 50 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

(4,137 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 4,137 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

1.0

Oct 10, 2017

ho ho, that CTO has to go....

Software engineering manager

Recommend

CEO approval

Business Outlook

Pros

The darkest time in Morningstar technology history

Cons

Since beginning, many employees were suspicious about CTO Mitch Shue's promotion. Now time has proved that the doubt is true. Enough trouble has been done. . A CTO who has no solid technical background. . A CTO knows only talk can solve all the problem. . A CTO never checked out a line of our github, either front end, or back end, or anything. A CTO who knows nothing about Git maybe. . Promoted many unqualified managers, who made us into big trouble. . Let go many good people, who are good at technical, but may not as good as good talker. Please stop being here just as a face and collect paycheck. Enough harm is done to us.

Morningstar Response

8y

Wow! That is a harsh review. I'm sorry you feel that way. You mentioned me by name, so I feel especially compelled to respond. Please come talk to me about technology sometime. I have a long, well-documented history. Truthfully, my role as CTO is not to check out code from Bitbucket or to actually write code for that matter, but is instead to look after a global technology organization of over 1400 hardworking people. I have written plenty of code in my career. I can truthfully say that code I have written has generated revenue for decades and continues to do so for companies in my past. If you truly believe I have promoted many unqualified managers, your knowledge of how we are organized or how our organization works is incomplete or incorrect. Also, if you believe I have let many good people go, your knowledge is again incomplete or incorrect. I would love the opportunity to engage in a productive conversation with you to understand why you're so unhappy with me. Unfortunately, we cannot do it here. It would be better for you to come see me. I'm not going anywhere, so that might be a good option for you. Need to turn those red boxes into green ones. Something must be keeping you here, right?

2.0

Oct 20, 2015

No more than a stepping stone on the path to better opportunity

Client manager

Recommend

CEO approval

Business Outlook

Pros

- EASILY the best pro is simply the firm's name on your resume, which looks GREAT to other employers in finance/investments. - Young, diverse, energetic and intelligent workforce compared to most companies of similar size in the industry. Morningstar's undergrad recruiting strategy focuses heavily on top-tier liberal arts universities (e.g., University of Chicago, Northwestern), rather than schools with traditionally strong business programs. - Flexible time off schedule (there is no official policy stipulating PTO days granted), includes discretionary six week sabbatical every four years of employment. - Modern office design and casual dress code creates a welcoming work environment.

Cons

- Compensation across the board is SIGNIFICANTLY below market. Bonus targets are unrealistically high, and the methodology on how targets are derived is overly complex and seems to change every year. - Senior management seems to lack a clear understanding of how to implement and execute mandated business plans, which leads to continually changing goals and timelines to achieve them. - Flat organizational structure does not provide clear paths for upward career advancement. - Management is either unwilling to allocate, or worse, unable to recognize the amount of resources required, to effectively manage the business and adequately support clients. - Flexible time off schedule is abused by some employees, leading to longer hours / more work by others. - High turnover at all levels, especially among recent graduates who often become disappointed by remedial entry level work and lack

2.0

Dec 17, 2018

Poor Management, No Commitment to long term strategy. Lacks sufficient resources to support products

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Benefits. Medical, 401K, Sabbatical. Work from home policy.

Cons

Incompetent management across the organization. No Commitment to long term strategy. Hiring decisions based on diversity emphasis rather than qualifications. Lacks resources required to support products. Does not adhere to promises of pay increases or promotions. New employees quickly become discouraged and disgruntled. Powerpoint, Powerpoint, Powerpoint. Time spent on presentation demands of management negatively impacts productivity of work force. A "Great Place to Work" it is not!

Viewing 118 - 120 of 4,137 Reviews

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Morningstar

Morningstar reviews

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ho ho, that CTO has to go....

No more than a stepping stone on the path to better opportunity

Poor Management, No Commitment to long term strategy. Lacks sufficient resources to support products

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