Morgan Stanley - Satisfied but room for improvemet | Glassdoor
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There are newer employer reviews for Morgan Stanley

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"Satisfied but room for improvemet"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Client Service Representative in Baltimore, MD
Current Employee - Client Service Representative in Baltimore, MD
Approves of CEO

Pros

First and foremost Morgan Stanley is a great name. It is a good company to have on your resume. Also, the benefits are great and on top of that you get 20 days of vacation. The offices in New York are very nice and for some of the new hires in the Baltimore area they pay for you to train in NY for a few weeks.

Cons

At Morgan Stanley you will work long hours and there is no hour lunch, you simply run to get food and then eat at your desk. This often leads to burn out among the employees and moral goes down quickly. There is no overtime and when the technology doesn't work you have to sit there for hours just waiting. There were some days when I was there until 10pm at night for reasons I could not control. Also, the Baltimore office lacks leadership, most of the management there are new and don't have experience within Morgan Stanley.

Advice to Management

Communicate more

Other Employee Reviews for Morgan Stanley

  1. Helpful (2)

    "Great firm with some issues with middle management"

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

    Pros

    Morgan Stanley employs some great people that are excellent to have in your personal network. Many of these people are very accomplished and talented. All other issues aside this can make working with people easier as it's best to respect your colleagues. The firm also has a great benefits package - salaried employees start with 4 weeks vacation which is excellent compared to other banks on the street. Compensation, 401k, and health benefits are also very good. The firm also affords some people the ability to change positions (within your business and other parts of the firm). While this is not handled as well as it is at other firms the option does exist.

    Cons

    This varies from business to business but the middle to senior management of some businesses have no real management skills which can lead to stagnant careers for those people who report to them. Communication is lacking and you often learn important pieces of information too late or after decisions have been made even though the decision affects you and you should have been consulted. Performance reviews are viewed by too many managers as a chore that they have to perform which in many cases makes them virtually worthless. My last performance review consisted of 5 sentences that were sloppily strung together. This ties into the general theme of not so great management skills in the middle management group.

    Advice to Management

    I think the very senior leadership of the firm is very intelligent and is working to steer the firm in the right direction. My advice would be to focus more on developing the managers that will lead the firm in the future.


  2. "workers get punished for upper management decisions"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Developer
    Current Employee - Senior Software Developer
    Disapproves of CEO

    Pros

    fair salary, work in the city

    Cons

    not much growth, low bonuses

    Advice to Management

    don't buy subprime

There are newer employer reviews for Morgan Stanley
There are newer employer reviews for Morgan Stanley

See Most Recent

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