American Passport One Way Ticket Out the Door - Analyst Fitch Ratings Employee Review

2.0
Oct 14, 2017
Recommend
CEO approval
Business Outlook

Pros

Used to be a long list of great benefits, all of which have been scaled back considerably-health care, subsidized gym membership and more recently vacation time.

Cons

U.S. morale at an all-time low as seasoned American employees get taken out slowly and silently one by one. Unending pattern of London employee being brought in to head or co-head, leading to the ultimate dismissal of high ranking U.S. managers. What used to be the best rating agency to work for under Steve Joynt has transformed itself into a sub par, less than inspiring bastion of Ego wielding, power hungry and incompetent 'leaders'.

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Fitch Ratings Response
8y
Thank you for taking the time to share this review. From a competitive standpoint, Fitch attracts incredibly competent individuals at all levels to complement our talented team. In recent years the firm has reshaped the management team by both promoting internal leaders and hiring industry and domain experts, while remaining committed to rotating employees globally to enhance their career experience and benefit to the firm. By virtually any objective measure, Fitch today is a stronger company than it was a decade ago. Fitch is known for offering a very competitive benefits package, and it is also true that the complexion of those benefits has changed in recent years. For example, in 2017 the cost of employee medical premiums increased significantly – whereas the cost of other benefits such as dental, vision and gym membership did not. Other benefits like backup childcare in the U.S. will be enhanced in 2018 at no additional cost to employees. While our benchmarking continues to rank Fitch ahead of industry peers, we are committed to ensuring our benefits package remains a positive differentiator.

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5.0
May 27, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work environment Work-life balance High exposure Great job quality Intelligent coworkers and managers

Cons

Too many complex processes and regulation

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