There are newer employer reviews for Morgan Stanley

 

Overall satisfactory place of work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Finance Associate  in  New York, NY
Current Employee - Finance Associate in New York, NY

I have been working at Morgan Stanley

Pros

-Very knowledgeable people on various levels
-Good exposure to various aspects of the business
-Good benefits
-Nice pantries
-Convenient locations

Cons

-High turnover - a lot of great professionals left in the last couple years
-No good talent retention
-A lot of shifting people from one group to another puts pressure to adapt to new responsibilities quickly without any extra benefits

Advice to ManagementAdvice

Senior management has to put more effort in talent retention. Stop hiring temps, it's a waste of money and everybody else's time - they are gone within a few months and the rest of staff is left with the same amount of work or someone new to teach.

Recommends
Approves of CEO

1657 Other Employee Reviews for Morgan Stanley (View Most Recent)

Sort: Rating Date
  1. 1 person found this helpful  

    Not the place it used to be

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    I have been working at Morgan Stanley

    Pros

    Smart employees, leading-edge technology, knowledge sharing and seminars in the work-place, opportunities to travel at the right level, good cafeteria at most sites.

    Cons

    Non-competitive pay in the last two years, removal of pension, increase in health premiums. Promotion process looks random at best, and biased at worst. Compensation appears not to be correlated to effort or performance.

    Advice to ManagementAdvice

    Chop out the dead-wood so that you can pay the remaining employees a market rate; move away from the 'family' rhetoric and be more honest about past mistakes and future realities. Review bonus structure for employees in cost centers, increase base salaries.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Company that is down compared to its rich history, and it shows.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Baltimore, MD
    Current Employee - Anonymous Employee in Baltimore, MD

    I have been working at Morgan Stanley

    Pros

    -Industry experience
    -Great global opportunities
    -Great Benefits

    Cons

    - Low Pay
    - Rather hire from outside then develop from within
    - Regularly changing focus

    Advice to ManagementAdvice

    Value employees and they will bring you back to a respectable position in the industry.

    Doesn't Recommend
    No opinion of CEO
There are newer employer reviews for Morgan Stanley

Worked for Morgan Stanley? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.