Morgan Stanley

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

 

Amazing Culture, Amazing Growth Potential

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

I have been working at Morgan Stanley full-time (less than an year)

Pros

The culture is great. People feed off each other and provides for great opportunities to learn and grow your career

Cons

Sometimes the corporate culture can be a bit overwhelming for someone with no prior corporate experience

Recommends
Positive Outlook
Approves of CEO

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

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  1. 1 person found this helpful  

    Morgan Stanley

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • 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 full-time (more than an year)

    Pros

    A good company to work for. Recognize good work. Good upward mobility and can move between groups. Their work life balance policies allow you to work from home when you cannot get in.

    Cons

    Your typical investment bank. The culture is no different than any other Wall Street bank. A ton of politics and you may get stuck in a role for a long time unless you take the initiative to move.

    Recommends
    Negative Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Potentially outstanding company, unfortunately tends to fall short.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President
    Current Employee - Vice President

    I have been working at Morgan Stanley full-time (more than 5 years)

    Pros

    - Work/Life Balance is great (if you ask for it and make your expectations clear)
    - Strong overall talent pool
    - JV platform is an excellent platform especially once the major push for fixes was completed
    - Development Opportunities (if you push for it)

    Cons

    - Compensation: Most employees have not gotten a raise outside of senior management or employees very well connected to senior managers
    - Bonuses: Despite strong quarters in recent times, the company has not distributed bonuses to rank and file in lieu of base compensation increases
    - Turnover: Firm will pay 50% more for an unproven external hire which leads to longer tenured employees leaving. Significant loss of intellectual capital in this process.

    Advice to ManagementAdvice

    At some point, compensation will need to be increased for staff. Currently, the practice is to only increase on promotions (and even that is waning), or as a counter offer for an employee who has a new opportunity. Recently more and more frequently, these counters have been refused even when the counter was greater. This is in part due to the lack of bonuses and the recognition that "if money is available now, why wasn't it during year end comp discussions?" It leaves a horrible feeling throughout the firm and no work/life balance or education opportunities are going to make up the fact that a good portion of the workforce is underpaid by industry standards. Some of the best advisors and financial professionals work for this firm, it should be an honor to be employed. However, until talent is compensated at a top notch rate, we will always be considered lesser to our competitors.

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

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