CHICAGO, Jan. 20, 2011 /PRNewswire/ -- FORTUNE has named
Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent
investment research, to the magazine's annual "100 Best Companies
to Work For" list. Morningstar ranks 95th.
"Since our founding more than 25 years ago, Morningstar has had
a unique culture that's built around our passion for helping
investors," said Joe Mansueto,
chairman and chief executive officer of Morningstar. "We're honored
to be included for the first time on this prestigious list. 'Great
people' is one of our six core values, and our employees often tell
us it's our great people that set us apart from other companies.
While I'm happy to have our efforts recognized by FORTUNE, being a
great workplace takes continuous focus, and there's always more we
can do. We look forward to continuing our efforts to attract,
retain, challenge, and reward great people."
To select the 100 Best Companies to Work For, FORTUNE partners
with the Great Place to Work Institute to conduct the most
extensive employee survey in corporate America. Three hundred
eleven companies participated in this year's survey. Two-thirds of
a company's score is based on the results of the Institute's Trust
Index survey, which is sent to a random sample of employees from
each company. The survey asks questions related to their attitudes
about the management's credibility, job satisfaction, and
camaraderie. The other third of the scoring is based on the
company's responses to the Institute's Culture Audit, which
includes detailed questions about pay and benefit programs and a
series of open-ended questions about hiring practices, internal
communications, training, recognition programs, and diversity
efforts. Any company that is at least seven years old with more
than 1,000 U.S. employees is eligible.
In addition to Morningstar's inclusion on FORTUNE's Best
Companies list, the Chicago Tribune recognized Morningstar
in November 2010 by naming the firm
to its "Top Workplaces" list. In May
2010, Experience, Inc. named Morningstar one of the Best
Places to Work for Recent Grads, a list distinguishing 20 top
organizations from a wide range of industries across the country
for excellence in recruiting, hiring, training, and retaining young
professionals. Brill Street, a technology-based firm that helps
companies build their workforce, named Morningstar Chicago's top
employer for Generation Y workers in October
2009.
Headquartered in Chicago,
Morningstar also has U.S. offices in Austin, Texas, Horsham, Pa., and Oakland, Md.
The full list and related stories can be found at
http://www.fortune.com/bestcompanies.
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent
investment research in North
America, Europe,
Australia, and Asia. The company offers an extensive line of
Internet, software, and print-based products and services for
individuals, financial advisors, and institutions. Morningstar
provides data on approximately 370,000 investment offerings,
including stocks, mutual funds, and similar vehicles, along with
real-time global market data on more than 4 million equities,
indexes, futures, options, commodities, and precious metals, in
addition to foreign exchange and Treasury markets. The company has
operations in 26 countries.
©2011 Morningstar, Inc. All rights reserved.
MORN-C
Media Contact:
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Margaret Kirch Cohen,
312-696-6383 or margaret.cohen@morningstar.com
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SOURCE Morningstar, Inc.