Great benefits, terrible salary - Project Manager Morningstar Employee Review

3.0
11 Aug 2008
Recommend
CEO approval
Business outlook

Pros

Benefits and advancement opportunities. You get a lot of responsibility right away at Morningstar, and it is a meritocracy; they will advance less experienced people, if they are truly capable. Also, the 401K and health benefits are amazing, there is a wonderful sabbatical policy (6 weeks paid consecutive vacation every 4 years), there is no vacation policy but you take at least 3 weeks off during the year, AND they pay for 80% of your higher education tuition.

Cons

Salaries are quite low compared to other similar companies. Also, they say that titles don't matter here, but they really do. There is a hierarchy, but management pretends as if it doesn't exist, so it takes a while to figure out who is who in the company.

Explore other reviews about Morningstar

5.0
21 Apr 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
23 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great benefits (e.g. 6% of salary 401K matching program, 6-week sabbatical after working 4 years). Good opportunities to switch roles within company. Most employees are great to work with.

Cons

Slightly lower pay relative to other companies. Management might be on a course of changing strategies across orgs too quickly, resulting in too many things breaking and failed outcomes. Removed 3 days a week in-office policy, which may lead to missed talent acquisition opportunities.

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