Morgan Stanley Reviews in New York, NY | Glassdoor

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Morgan Stanley New York Reviews

Updated January 18, 2018
1,284 reviews

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New York, NY

1,284 Employee Reviews

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  1. Helpful (4)

    "What goes on at ms is what makes people hate corporate America"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Registered Sales Assistant in New York, NY
    Former Employee - Senior Registered Sales Assistant in New York, NY
    Negative Outlook
    Disapproves of CEO

    I worked at Morgan Stanley full-time (More than 5 years)

    Pros

    There are two good things about working her, It looks good on a resume and the the day you leave.

    Cons

    Terrible compensation packages, the way the firm treats employees is what makes people hate corporate America. The CEO James Gorman gives himself raises and bonus' numerous times a year, millions upon millions of dollars, but they lay off tons of people making low salaries and expect people to do the job of two people. They rob from the advisors putting a portion of their revenue in a differed comp plan. They use that money to buy Morgan Stanley stock moving up the price of the stock which makes Gorman stock options more valuable. They treat support staff like the own them, no bonus, years go by without raises, then when they give you one it's less than 1 percent of your salary. I repeatedly got high ratings on my performance reviews and the big raise would be less than one percent, some people got nothing. This is the worst firm on Wall Street. The culture is negative and counter productive. They couldn't give a hoot about their employees.

    Advice to Management

    Get a new CEO open your eyes and appreciate employees and you wouldn't have the turn over you have.


  2. Helpful (1)

    "Great company - be careful of the group"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance Manager in New York, NY
    Former Employee - Finance Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Morgan Stanley full-time

    Pros

    Great brand name
    Very intelligent people
    great benefits

    Cons

    Careful of the group - large company and huge egos
    a LOT of office politics. Information is guarded fiercely and not shared. SAD

    Advice to Management

    GET rude of MD that come from BS colleges such as Brooklyn college and are unqualified to see potential in people

  3. "Electronic Trading"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Excellent Technology, First Class People

    Cons

    Mature business can stiffle impact individuals have. Very political.

    Advice to Management

    More merit based and not tenure or political promotions.


  4. "technology analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Technology Analyst in New York, NY
    Former Employee - Business Technology Analyst in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Morgan Stanley full-time (Less than a year)

    Pros

    training program was nice for people who did not have much experieces

    Cons

    not a pure tech company


  5. Helpful (1)

    "No compensation for unused leaves at termination"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in New York, NY
    Former Employee - Senior Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Morgan Stanley full-time (More than a year)

    Pros

    Good work culture and vacations.

    Cons

    HR did not disclose at the time of policy change that they no longer compensate for unused vacations. Did not give any compensation for unused leaves.


  6. "Analyst / Executive Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Prefer Not to Answer in New York, NY
    Former Employee - Prefer Not to Answer in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Morgan Stanley full-time (More than 5 years)

    Pros

    Very good benefits and great company overall

    Cons

    Not enough communication from managers to measure feedback until compensation time.

    Advice to Management

    invest in more management training for direct middle level managers.


  7. "ED"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Director in New York, NY
    Current Employee - Executive Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Wonderful Culture, exciting opportunities and work life balance supportive

    Cons

    Limited career growth in support functions.

  8. Helpful (5)

    "Huge industry name"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Front Office in New York, NY
    Current Employee - Front Office in New York, NY
    Positive Outlook
    Approves of CEO

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

    Pros

    Excellent company name, competitive pay, great coworker and easy location for commuting.

    Cons

    One thing that disturbs me about this firm which is the lack of diversity in the front office. I have worked front office at other major investment banks and you can literally count the number on one hand in the NYC office. It certainly is not an issue of not having qualified candidates because I have been part of many interviews with perspective employees. Morgan Stanley has a very extensive hiring process in which you will meet with a minimum of 10 people. I was actually shocked when certain people would be hired over others based on minor facts around how certain questions were answered vs the candidates proven track record of excellence.

    Advice to Management

    You have to do something about diversity in the front office. You cannot feel that by hiring minorities in IT and ops constitutes having a diverse overall workforce. The front office is comprised of people from all tiers of universities so holding minorities to a standard of only being qualified if they come from an ivy league school does not cut it in my opinion and does not fall in line with the firms stated culture.


  9. "Experiences Vary by Division"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in New York, NY
    Former Employee - Project Manager in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Morgan Stanley full-time (More than a year)

    Pros

    If you have a great manager you will have a better experience but if you don't prepare to suffer with very little recourse.

    Cons

    Very elitist, can be a lonely place for people who are used to a friendly atmosphere.


  10. Helpful (1)

    "Associate"

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

    I have been working at Morgan Stanley full-time (More than 3 years)

    Pros

    Great firm, great collegues, great technology, great projects, great benefits, great work life balance more words more words more words

    Cons

    Sell side, large company, risk reward, training, pressure to perform constantly, stressful day to day job more words more words more words

    Advice to Management

    Continue the good job


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