Flexible PTO, but poor new grad program experience - MDP (Morningstar Development Program) Morningstar Employee Review

1.0
Jun 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Honestly, the only pro is the flexible pto policy.

Cons

Morningstar hooks new grads up with this program where they keep you answering the phone on customer support for years without actually learning skills or rotating you to new roles as promised. Once you are finally able to rotate, no roles will want you because you don’t have any experience doing anything other than answering the phone for clients. And after, you don’t qualify for others companies new grad jobs. I don’t recommend this program to anyone. It is not what they advertise it to be.

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
Jun 23, 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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