Morningstar Canada Named One of the 2017 "Best Workplaces in Canada" by Great Place to Work® Institute Canada for Fifth Consecutive Year

TORONTO, April 27, 2017 /PRNewswire/ -- Great Place to Work^® Institute Canada has named Morningstar Research Inc. (Morningstar Canada), a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), as one of this year's Best Workplaces in Canada, for the fifth consecutive year.

"Morningstar Canada is proud to be named one of Canada's Best Places to Work, for the fifth year in a row," Scott Mackenzie, president and CEO of Morningstar Canada, said. "We believe in the importance of having a positive and inclusive work environment, and receiving this honour is a testament to that. From our flexible vacation policy, educational programs, and celebrations of our diversity, we will continue to inspire and invest in our greatest strength: our people."

This list of "Best Workplaces in Canada" is compiled by Great Place to Work® Institute Canada. The competition process is based on two criteria: a survey completed by a random selection of employees, along with their open-ended comments about their organization; and an in-depth review of the organization's culture, including an evaluation of human resources policies and procedures. This offers a rigorous representation of the organization from an employee perspective, and an overall portrait of the workplace culture. Together, they provide crucial data relative to the five trust-building dimensions of a great place to work®: credibility, respect, fairness, pride, and camaraderie.

"As investment research companies evolve to tackle new, more challenging problems with their customers, the people side of their workplace must raise its game," Jose Tolovi Neto, managing partner of Great Place to Work Canada, said. "We applaud Morningstar for getting this. Now listed for the fifth year as one of Canada's Best Workplaces, the company has built a great culture with empowered employees who deliver great customer experiences." 

More than 400 Canadian companies were nominated and over 60,000 employees participated in the 2017 "Best Workplaces in Canada" survey. The full list of winners and related stories can be found at www.greatplacetowork.ca.

About Great Place to Work

Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. It is a research and consulting firm whose mission is to build a better society by helping companies transform their workplaces. Through proprietary assessment tools, advisory services, and employer branding programs, including workplace certification and Best Workplaces lists, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In Canada, Great Place to Work® produces the annual 100 Best Workplaces list, released in a national feature in the Globe and Mail. This is part of the world's largest annual workplace study, which culminates in a series of national lists in over 50 countries, including the study's flagship list of 100 Best Companies published annually in Fortune magazine. Globally, this survey represents the voices of 11 million employees, including approximately 300,000 from Canada alone. It's what makes this study so credible: the primary determinant used in selecting winners is an employee survey. There's only one way to get on this list – and that's if your employees put you there.

About Morningstar Research Inc. and Morningstar, Inc.

Morningstar Research Inc. is a Canadian subsidiary of Chicago-based Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than $200 billion in assets under advisement and management as of March 31, 2017. The company has operations in 27 countries.

©2017 Morningstar, Inc. All rights reserved.

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SOURCE Morningstar, Inc.

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