Morgan Stanley

  www.morganstanley.com
  www.morganstanley.com
There are newer employer reviews for Morgan Stanley

 

Merit-based, high-performing, low bureaucracy IT organization

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

I worked at Morgan Stanley full-time (more than 3 years)

Pros

The most capable and talented co-workers I have ever had worked at MS. The pay is high for software development work. Promotions are frequent, merit-based, and often from within the group. The hours are very manageable (high 40s-low 50s per week). One of the most pleasantly surprising things was how little bureaucracy there was for such a large organization. The goal is to enable the business group to make money and most things that are extraneous to that goal are eliminated. (This is based on 4 years in the Fixed Income software development group)

Cons

A relatively large percentage of the compensation was distributed through year-end bonuses. Those were based both on performance reviews and the profitability of the business group for which your team worked. If either your performance reviews or your group's profitability suffered, your bonus would suffer, too. That said, that was the standard compensation model for the finance industry and was no different than any other finance firm.

Recommends
No opinion of CEO

1808 Other Employee Reviews for Morgan Stanley (View Most Recent)

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  1.  

    12 years of loyalty down the tubes

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Programmer in Chicago, IL
    Current Employee - Programmer in Chicago, IL

    I have been working at Morgan Stanley full-time (more than 10 years)

    Pros

    able to work from home

    Cons

    I was told there was plenty of work for me to do as the office got smaller and smaller, and then i get the ax. No truth in management. No loyalty. Bad compensation.

    work is 50 - 60 hours a week

    Advice to ManagementAdvice

    Tell the truth and be honest. dont wait until review times to show the door.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Decent Internship

    Former Employee - Summer Analyst in New York, NY
    Former Employee - Summer Analyst in New York, NY

    I worked at Morgan Stanley as an intern (less than an year)

    Pros

    Intelligent coworkers. Other interns were also reasonably intelligent. Work is challenging, and there's a lot of it. Interns are wooed with decently interesting events and a trip.

    Cons

    Pay is average to below average. Work can be boring, even if you're interested in finance. Not much sense of a work-life balance among full-time people. The future doesn't look too good for MS, and it's future may be a much more boring place for technology people (less prop trading, more wealth management).

    Recommends
    Negative Outlook
    No opinion of CEO
There are newer employer reviews for Morgan Stanley

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