Morningstar Restores Bonuses and Benefits
- Thursday, 29 July 2010
- News
Morningstar saw a 12.2-percent drop in net income on 13.9-percent rise in revenue. But for employees and the company the earnings change reflected some good news. That included higher sales commissions as sales improved and the company began restoring suspended employees benefits, including partially reinstating matches to employee contributions to the 401(k) plan in the United States. And margins declined largely because of a decision to increase employee bonuses.
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