Morgan Stanley

  www.morganstanley.com
Work in HR? Unlock Free Profile

Morgan Stanley Reviews

These reviews contributed towards 2011's Best Places to Work recognition. See ratings and reviews for all time.
80 Reviews

3.6
80 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Morgan Stanley CEO James P. Gorman
James P. Gorman
26 Ratings

Review Highlights

Pros
  • Their work life balance policies allow you to work from home when you cannot get in (in 96 reviews)

  • There are lots of smart people there who you can learn a lot from (in 82 reviews)


Cons
  • Very limited work/life balance, which they claimed was very important to them (in 91 reviews)

  • Long hours in the operation department when the market is bad (in 105 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Private Wealth Management

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

    Pros

    Company that is very proud of its heritage

    Cons

    Private Wealth Management is always competing against the retail financial advisors (which can be infuriating)

    Advice to ManagementAdvice

    Spin-off Morgan Stanley Smith Barney

    Recommends
    Approves of CEO
  2.  

    Not bad

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

    Pros

    One of the most prestigious investments banks in IT area to work for; relatively high end software development; higher management willingness to invest in technology; relatively good peer-peer relationship (of course that varies from team to team, dept to dept)

    Cons

    Still lacks organization and structure of the leader in the industry/field; real team work/efforts is not stimulated (read: enforced) enough to provide for the environment where the above will be inevitable; politics takes over competence more often than is unavoidable

    Advice to ManagementAdvice

    clean up; review; develop not only a new strategy, but the whole approach to creating a truly efficient work environment where it would be impossible for a manager to 'hide' a talent, and everybody's pe3rformance/results would be visible and objectively rated. good luck!

    Recommends
    Approves of CEO
  3. 3 people found this helpful  

    Technical lead in IT projects.

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

    Pros

    Good company to work for. You could build a good career and work till retirement with satisfaction. This is a employee friendly organization and place to be if you are planning long term career.

    Cons

    Growth and opportunity depends on the team you work in. You compensation and growth depends on the visibility and importance of your project in the organization. This is one of the reasons you get different feedback from different employees.

    Advice to ManagementAdvice

    It is time to get back on track and start taking up competition. This organization has tremendous potential and we should capitalize on it.

    Recommends
    Approves of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 1 person found this helpful  

    Decent place to work

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

    Pros

    Good work culture and benefits. Some groups are good to work with good projects. Internal Mobility is easy. HR is helpful

    Cons

    favouritism by higher management for promotions. Compensation is not really that great. Managers always listen to the people who talk a lot

    Advice to ManagementAdvice

    They should show less favouritism and be more fair. Managers should setup meetings to sync-up with their juniors which never happens in some grps.

    Approves of CEO
  6.  

    need a direction......

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

    Pros

    generally nice people benefits are fairly compettive

    Cons

    give periodic feedback on what the firm is moving towards ... goals- have no idea
    need to be more streamlined in management
    need consolidation in some areas

    Advice to ManagementAdvice

    give more feedback and what the goals of the firm are and how they are going to be achieved - give updates on how the goals are progressing

    No opinion of CEO
  7. 1 person found this helpful  

    Exciting place to work if your heart can take it

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

    Pros

    -- Prestigious, top-tier financial services firm
    -- Excellent benefits
    -- Plenty of smart, committed, and competent people to collaborate with; lots of super stars to learn from
    -- Strong senior leadership; leadership communicates openly and frequently with employees
    -- Very ethical and professional corporate culture
    -- Plenty of opportunity and room to take initiative

    Cons

    --Too many EDs and MDs with god complexes
    -- Less than transparent promotion practices
    -- Too many reporting lines;
    -- Too many managers with poor leadership skills who tend to be more interested in deliverables and less inclined to develop reports
    -- While training opportunities are offered, training is not part of the corporate culture

    Advice to ManagementAdvice

    Put some teeth in a 360 process that is truly year round. Hold managers accountable for managing and employees for meeting goals.

    Recommends
    Approves of CEO
  8.  

    My career starting place and it brought me tons of opportunities from other big companies.

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

    Pros

    Great group to work with, the environment is so friendly and I love the group, everyone is very helpful .

    Cons

    The department is not what I'm looking for for my future career since I'm technical person and would like to get into IT department.

    Advice to ManagementAdvice

    The internship opportunities are the most wonderful ones for college students and I really appreciated it, would like to recommend it to all my college classmates.

    Recommends
    Approves of CEO
  9. 1 person found this helpful  

    boring mind numbing work

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

    Pros

    Large organization. Good amentities. Cafetaria, gym, and so on. Nice coffee :)

    Opportunities arise to advance. Or you can twiddle your thumbs and do nothing.

    Cons

    Highly political. Senior Managers seemed to be focussed on protecting their backs. Knives were out.

    As a results, rather disorganized. Things can change in an instance. I saw a division closed and people laid off within days. Atmosphere became toxic.

    A lot of people I worked with were also doing something else e.g. writing a book so that were not that into what they were doing. I was contract. Others who were permanent barely worked at all. I had to pick up the slack for some very lazy people. They took boondoggling to new heights.

    It was like working for government only the people were better dressed.

    Advice to ManagementAdvice

    No idea. It is a cultural thing. How do you change a company that big?

    Doesn't Recommend
    No opinion of CEO
  10. 1 person found this helpful  

    Morgan Stanley: Great pay, spotty training

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

    Pros

    Pay was better than most wall street firms, not even counting bonus.
    They really do make an effort to train their tech staff in new skills.
    Easy to telecommute.
    Managers are there in the trenches with you.

    Cons

    Always on call. You will be called to handle problems when you are on vacation and in training classes.
    Corporate culture discourages genuine friendliness between rank-and-file and management. Claims to encourage "due diligence" but the person who reports a problem gets saddled with the responsibility of fixing it.

    Advice to ManagementAdvice

    When an employee is in training, she should be immune to problem calls; these calls sacrifice the full benefit of the [expensive] training.
    Allow employee to report a problem without fear of getting piled on with another task in an already overflowing in-box.

    Doesn't Recommend
    Approves of CEO
  11. 1 person found this helpful  

    It is what it is

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

    Pros

    One of the best, if not the best investment bank; name is great on your resume; sharp coworkers; compensation is fantastic

    Cons

    Hours hours hours; no work life balance; not very collegial; repetitive work - you'll do the same things over and over and over

    Advice to ManagementAdvice

    Figure out whether we're an investment bank, a trading operation, or a private wealth manager. If you guys can't figure it out God knows we can't.

    No opinion of CEO

Worked for Morgan Stanley? Contribute to the Community!

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