Fitch Ratings reviews

4.0

80% would recommend to a friend

(1,005 total reviews)
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Paul Taylor | Ian Linnell

83% approve of CEO

67% positive business outlook

Fitch Ratings has an employee rating of 4.0 out of 5 stars, based on 1,005 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
Apr 2, 2014

This place is a joke

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Relaxed atmosphere. It's your 9 to 5 job. You can pretend you are busy and keep pushing deadlines. Since the senior boss is usually busy planning vacations and eat outs, you can very easily “pretend” to be busy too. Benefits are good. This is only because Fitch Solutions is a part of the Fitch Group

Cons

Dogmatic to the point that “my way or the highway” rules. Old school in every possible way. You will survive if you have a family that you want to go back to, do a few meetings in a day and treat your time at work as a job – not a career. For all those who wanted a career, the “my way or the highway” leaders ensured that the enthusiastic employees left. Any good suggestions that are made are received with a “It is above your pay grade” comment. Come here if you can leave your desire to excel at home. Zero growth. Really, how can any of the “pros” take you anywhere. No clue where the company is headed and what’s needed to achieve the goals. Well on second thoughts, there are no goals. In the last one year, in product development alone, over 8 people left the company and none were hired. Not to mention the sales organization where it’s hard to keep a count of the colleagues that have exited. No new products for the sales to sell. Sales has to push really hard not only to sell the research and content but also educate the market that there exists a company called Fitch Solutions. Despite these flaws the product team wants the organization to believe that Fitch is better than Bloomberg. HR is present only during the hiring process or during exit interviews. If HR were a more active organization, it could have easily prevented these reviews.

1.0
Aug 18, 2013

Going downhill - fast!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good opportunities to hone analytical skills Opportunities to work with international staff Most (but not all) of the analytical staff are generally easy to work with

Cons

The company appears to be trying to push mid-range staff (Directors and Senior Directors) out the door Although the environment is research-oriented, all staff, other than Managing Directors (of course) are being moved out of offices or cubicles to something akin to a trading desk (so long confidential treatment of info) When people on this board say that compensation isn't great, here's what they mean - raises over the past two years have averaged 2% annually, less than the rate of inflation, so yes, in real dollars, employees are being paid less today than they were two years ago While employees are being paid less, the workload is growing. That work-life balance thing that other people mention on this board? Yeah, that is increasingly a thing of the past. I should say that work-life balance is a thing of the past unless you are a Managing Director, in which case you arrive at 8:05 and leave by 3:50. Most Managing Directors don't have analytical responsibility - but soon they will be the only people not working on a shared desk! And don't get me started on the regulatory environment. While management state that they want Fitch to be a research shop with a rating agency attached, the governments of the world seem to think otherwise. Senior analysts are increasingly jammed between the regulators' requirements around rating reviews and management's demands for more research. - And yes, remember, our pay isn't keeping up with inflation.

3.0
Oct 22, 2022
Recommend
CEO approval
Business Outlook

Pros

People are generally kind, knowledgeable and ready to help. Continuous opportunities to learn more and great exposure to issuers' senior management. Everyone's opinion is respected regardless of seniority.

Cons

Hybrid work policy is nonsensical and being implemented with a top-down and paternalistic approach. Staff has not been consulted about their own preferences/individual circumstances, and this has really pissed people off. Everyone in the office talks about how bad the policy is, but management pretends everything is fine and avoids the topic. IT systems are a pain, and often rushed out without proper testing. Pay is really sub-standard.

Viewing 25 - 27 of 1,005 Reviews

Glassdoor has 1,213 Fitch Ratings reviews submitted anonymously by Fitch Ratings employees. Read employee reviews and ratings on Glassdoor to decide if Fitch Ratings is right for you.