Limited upward mobility - Associate Director Fitch Ratings Employee Review

Promotion cycles are extremely slow, especially beyond Associate Director level. It can take 5–7 years to move up regardless of performance. Limited upward mobility due to flat hierarchy; senior roles are rarely vacated. Compensation is generally below market compared to peers (especially in Europe). Internal politics can sometimes outweigh merit-based advancement. Decision-making is centralized in the London, which limits autonomy in regional offices.