The Bad: Then there is the HR Department. In a company that employees are genuinely proud to be a part of, the morale in this group is abysmal. These are the people who run the employee engagement survey and spend a lot of manpower to find ways to retain the best talent, while their own employees leave in droves for better jobs. There have been several occasions when employees have left without another job waiting for them.
The Ugly: the Leadership & Organizational Development group, since there is no leadership or organization at the top of the department. In the past few years there has been a nearly 100% turnover. That is unacceptable.
I single out L&OD because the senior leaders, who are the key drivers of the Employee Value Proposition, seem to live by the mantra, "Our views matter. Yours do when they mirror ours." The senior leadership is rewarded for implementing early 21st Century ideas to enhance L&OD, meanwhile sucking up valuable resources by taking leadership training instead of providing that training to someone who could actually benefit from it. Incompetence and lack of communication skills are rewarded, hence the turnover.
Overall, Moody's is a great place to work as long as you are not an HR Professional.