Fitch Ratings reviews

3.9

79% would recommend to a friend

(1,006 total reviews)
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Paul Taylor | Ian Linnell

82% approve of CEO

65% positive business outlook

Fitch Ratings has an employee rating of 3.9 out of 5 stars, based on 1,006 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Fitch Ratings employee rating is in line with the average (within 1 standard deviation) for employers within the Administración y consultoría industry (3.7 stars).

Reviews by job title

1K reviews
1.0
Jan 24, 2017

Director

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I can't really think of any pros here.

Cons

Fitch is run by C players. The fact that C players hire D players to make themselves look good means the whole firm is on the fast track down. There is no career development. You will do all kinds of work that no one will even acknowledge or read. There is no smart thinking here; it is all about following a formula. HR will brag to you about training-don't believe them. The training program is awful. A full 50% of work will be bureaucracy. Promotions are impossible and the selection process is whether or not you are one of the cool kids, just like in high school. Salaries are way below industry standard and raises are rare, except of course for the cool kids. Women and minorities may get hired for an entry level rating job or administrative assistant, but to be promoted you have to be white and male. The top management will tell you they want diversity but look at the numbers. It's like the 1950's. Then they have sessions asking employees for their opinions and have them run by a known bully so no one feels comfortable being honest.

2.0
Feb 11, 2016

Senior Director

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fitch provides good training for beginning analysts. Pay was decent.

Cons

Since the takeover by Hearst (2015) there's been lots of chaos. Roles are poorly defined or not at all. Many, many brand new staff members (since almost all of the experienced people have left) who are unfamiliar with how things need to be done. Lots of pressure to meet unreasonable deadlines. It's really an unpleasant place to work now.

2.0
Sep 12, 2019

No career path to senior levels

Recommend
CEO approval
Business Outlook

Pros

Nice co-workers and people in the office

Cons

Company has made it extremely difficult to advance your career. They make junior level employees take a cross sector exam that had nothing to do with their area of work and then get grilled by a panel of senior people. Pass rate is really low and it’s really just a hurdle they put out there so people can’t be promoted. Company is so top heavy that they just keep moving the goalposts for any type of promotion. There is a woman in one of the groups that has been doing the same job as three men in her group for four years and they still won’t promote her - it’s a joke. If your a woman - be forewarned - the published pay gap between women and men is over 40%!!! Again - this is a published, real number. The company has to do this for the European regulators. The reason for the large gap is because there are hardly any women in senior leadership roles. Separately, Senior Directors and Managing Directors haven’t had raises in years. The company just hopes they will leave in their own because it’s very top-heavy. Would not recommend that anyone work at this company anymore.

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