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Meritocracy? More like mediocracy

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

I have been working at Morgan Stanley full-time

Pros

The few high performers that you do come across are truly exceptionally

Cons

Meritocracy is not a concept that management is familiar with. Any employee, regardless of talent or performance, working on "pet" initiatives, is considered to be valuable asset. Promotion is next to impossible if you're not in the "right" roles. Internal mobility is a joke because you cannot apply for the next level up - how does that encourage professional growth within a firm? If you are looking to kill your ambitions, apply now.

Advice to ManagementAdvice

Think of ways to keep and develop your high performers, unless the long term plan is to end up with a bigger mediocre majority that talks more than works.

Doesn't Recommend
Negative Outlook
No opinion of CEO
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  1. VP

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

    I have been working at Morgan Stanley full-time (more than 8 years)

    Pros

    Great Firm, Great Culture, Good opportunities to learn and grow

    Cons

    Top heavy. Poor Compensation. Mobility is limited.

    Advice to ManagementAdvice

    Keep the culture. Reduce the heirarchy.

    Recommends
    Approves of CEO
  2. MS in Utah

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst in South Jordan, UT
    Current Employee - Operations Analyst in South Jordan, UT

    I have been working at Morgan Stanley full-time (more than a year)

    Pros

    Great work/life balance
    Laid back
    Place you can just go in and do your job
    Not too much micro managing going on

    Cons

    No real advancement opportunities
    Management does not communicate effectively w/ employees in regards to feedback
    Does not actively participate in recruiting best talent - uses temp agency to find candidates
    Does not value knowledge, or coaching & developing analysts

    Advice to ManagementAdvice

    Create an environment where talent is developed and there is a clearer roadmap for Analysts.
    Do better job at keeping your word and not just use employees as a pawn or means to an end.

    Recommends
    Neutral Outlook
    Approves of CEO
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