- lots of benefits removed or replaced by worse benefits since beginning of 2023 - salary raises that were once (before Morningstar took over) fair and annual, now hasn’t happened because “there’s no budget” -promotions and raises mostly on for management ( managers being promoted to Associate directors in small teams where each manager has 1-2 or max 5 people under them) - often and considerably high layoffs ( 3 layoffs in 2023 alone: all Poland employees; then 100-200 other employees and now again 180 employees) - inconsiderate way of announcing people there will be lay-offs: having a meeting where you can clearly see and hear how Ron Bundy is reading a speech like you were reading a poem in front of the class when you were a kid… i understand business is business but you cannot be that inconsiderate and announce a big layoff and telling people they have to wait one more week to find out if they’re losing their job or not and instructing managers not to answer very specific questions until affected employees will receive the meeting invite where they’re told they lost their job. When asked how can people be productive for the next week since everything that stays on our mind is if we’ll have a job or not, the reply should bring them shame, as they advocate they’re big supporters of volunteering and helping others, always bringing cases where employees should donate. In a few words, the answer was:”90% of you are not directly affected. Spending time on work you can take your mind off of this”. In other words, employees should make sure they’re all productive because there’s work to be done and we’re soon going to be less people to do more work with no additional compensation. -when asked if they thought about the mental health of the employees, they were very happy to announce that we’re very supportive and the employees (that will remain) will have some sessions that they can attend… honestly the meeting felt like a huge joke, very disrespectful towards the people that brought them where they are. A different approach and a more sincere conversation would’ve been appreciated - a lot of work, not compensated enough, a lot of unpaid overtime because of the layoffs and mass resignations. People already took tasks from those who previously left and it s simply too much, curious to see how the following months will unfold and they “are very optimistic “ - adopting Morningstar policy and procedures, lots of bureaucracy and just useless meetings and surveys and emails to give the impression they care and they hear their employees when it’s in fact just acting -layers over layers being added so be sure there’s not even the slightest chance of promoting: director,associate director,manager and then the one who actually executes and will stay there forever The list of cons is a never ending list, so i hope that you all got a sense of how things turned out to work in Sustainalytics which was once a great place of work with great, smart and helpful people. Would leave the company in a heartbeat if there would be no bills to pay :)
