Morningstar
Morningstar Benefits Overview
At Morningstar, your contributions have meaning and can drive change. Across our 29 offices worldwide, we’ve invested in fostering a community where talented, driven people can grow. Our entrepreneurial spirit and uncompromising ethics guide everything we do. It’s all in the name of empowering investors. Morningstar is proud to offer a comprehensive benefits package to eligible, full-time employees in the United States who work a minimum of 30 hours per week. Our benefits are designed to invest in your -- and your family's well-being, including investments in your health and financial future.
Compensation + Benefits
Offers 401(K)
Take advantage of a number of Morningstar tools to help you manage your 401(k) account and your finances, including Morningstar Retirement Manager, available to you at no cost.
Offers disability insurance
Offers charitable contribution matching
Morningstar's Matching GIfts program will match your charitable giving up to the local currency equivalent of $500 USD per calendar year.
Provides 401(K) matching
Morningstar provides employees with a 401(k) matching plan managed. We match $0.75 for every dollar contributed, up to a maximum of 7% of employee pay contributed to the plan each pay period.
Offers life insurance
Morningstar offers 4 tiers of life insurance that offer varying benefits. Basic Life insurance is equal to 1 times an employee's annual salary.
Provides adoption assistance
We reimburse up to 80% for eligible adoption expenses, up to $4,000 per adoption, in addition to a minimum of 6 weeks paid time off.
Hosts company-sponsored family events
Morningstar sponsors family oriented events Annually.
Offers generous parental leave
Morningstar has a global minimum of 6 weeks paid time-off to bond with new family members. This benefit applies to all individuals equally, including birth mothers, fathers, adoptive parents.
Offers childcare benefits
Colleagues who exceed their performance goals substantially may be eligible for Impact RSU Awards as an additional reward on top of their cash bonus/commission award.
Provides family medical leave
Eligible employees may take up to 12 weeks of job-protected, unpaid leave per year for certain specified reasons, and up to a total of 26 workweeks of leave to care for a family member.
Provides a post-parental leave return-to-work program
Offers company equity
Morningstar’s global employee equity benefit, Shared Ownership, enables you to take a portion of your bonus payout and exchange it for RSUs, with Morningstar providing an additional 50% match.
Offers performance bonuses
Offers employee stock purchase plan
Colleagues who exceed their performance goals substantially may be eligible for Impact RSU Awards as an additional reward on top of their cash bonus/commission award.
Provides relocation assistance
Offers dental insurance
Our dental plan covers 100% of preventive services, 80% of basic services, and 50% of major services.
Offers health insurance
Morningstar continues to offer the choice of two medical plans—the Savings Plan and the Classic Plan. Both are administered by Blue Cross and Blue Shield of Illinois (BCBS).
Offers mental health benefits
Our insurance covers 80% on in-network mental health services. Our Employee Assistance Program provides no-cost, confidential, 24-hour counseling on a wide variety of issues.
Offers Flexible Spending Account (FSA)
Morningstar offers two Flexible Spending Accounts (FSA)— one for healthcare expenses and one for dependent care expenses. You may enroll in both $ determine the contribution amount.
Offers vision insurance
With Morningstar's vision benefits you can get an annual eye exam with an in-network provider with just a $10 copay.
Company Culture
Provides commuter benefits
Some meals provided
Provides free daily meals
Has a dedicated diversity and inclusion staff
Mandated unconscious bias training
Morningstar encourages unconscious bias training for all employees, especially managers and hiring personal. We believe that by raising awareness of bias we can decrease its effects.
Hiring practices promote diversity
Has a diversity manifesto
Offers diversity-based Employee Resource Groups
Utilizes a flexible work schedule
Morningstar provides employees with a flexible work schedule that includes Summer hours, Work from home, Flexible start and end times.
Offers a remote work program
The safety of our employees is very important to us. We have been operating remotely due to COVID-19.
Utilizes an open door policy that encourages accessibility
Implements team-based strategic planning
Open office floor plan to encourage communication and collaboration
Uses an OKR operational model to clearly define goals and priorities
Work-Life Balance + Wellbeing
Offers company-sponsored outings
Offers fitness stipend
Partners with nonprofits
Offers wellness programs
Provides opportunities to volunteer in the local community
Morningstar encourages our colleagues to become involved in their communities, by providing paid time off for volunteer activities.
Offers company-sponsored happy hours
Provides recreational clubs
Offers generous PTO
Provides paid holidays
Offers sabbatical leave
Offers paid volunteer time
Our employees receive 2 days per year of paid volunteer time.
Provides paid sick days
Utilizes an Unlimited PTO policy
Career Growth + Development
Provides continuing education stipend
Offers mentorship program
Provides paid industry certifications
Allows employees to pursue continuing education during work hours
Job training & conferences
Provides online course subscriptions
Hosts Lunch and Learns
Provides tuition reimbursement
Provides customized development tracks
Promote from within
