Morgan Stanley

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Morgan Stanley Reviews

Updated Jul 21, 2014
All Employees Current Employees Only

3.4 1,544 reviews

78% Approve of the CEO

Morgan Stanley CEO James P. Gorman

James P. Gorman

(716 ratings)

72% of employees recommend this company to a friend

Review Highlights

Pros
  • Their work life balance policies allow you to work from home when you cannot get in(in 95 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 90 reviews)

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

1,544 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good

    Operations Analyst (Former Employee) Sydney

    ProsStaff worrk well together and good onboarding process.

    ConsCommunications to staff need to be improved.

    Advice to Senior ManagementBetter career oppotunities for staff

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Larger work loads, lower bonus and no career progression

    Front Office Sales (Current Employee) Sydney

    ProsGreat Brand
    Good Systems
    Great Location
    Nice Offices
    Good access to other departments
    Global foot-print

    ConsLittle to no support for lateral/ inter departmental movements

    Poor compensation relative to industry

    More work load, smaller bonus

    Have not had a pay rise in 3 years (nor has anyone in my position)

    Glass ceiling - you cant move up...

    Political nightmare

    No Recognition - partly due to the fact your manager has no idea what you are doing

    Quicker to suggest exploring job opportunities externally than to assist internally (not isolated incident)

    No clear requirements to progress - consistently changing progression requirements

    Losing clients due to poor credit rating

    No advertising is Australia - most people don't know our division exists!

    Icing on the cake - in performance reviews, they cannot give all high performers 'exceeds expectations' because they have to follow a bell curve. Low pay relative to industry and no recognition.

    Advice to Senior ManagementIdentify and recognize talent.

    Pay people what they are worth.

    Help people with their career development - its the only way to retain driven/motivated people.

    If an employee wants to move divisions, and they have the qualifications, help them!

    Do not shift the 'goal posts' that some one has been working hard towards - I am not the only one that feels this way.

    No, I would not recommend this company to a friend

    • Work/Life Balance
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    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Neutral

    Risk Manager (Current Employee) Sydney

    ProsGlobal reach, good for front office.

    ConsIB pigeon hole culture. Person with the right skill set in Ops cannot move laterally.

    Advice to Senior ManagementBe more flexible in terms of mobility for people with the right skills to move around.

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Once was great ...

    Executive Director (Current Employee) Sydney

    ProsA low benchmark by peers means it's relatively easy to do well. Pay very well for median performance and even better for great performance. Some charismatic leaders. Leading user of technology. Global standardised accounting protocals are a tribute to the great work by Trevor Harris and Vaughn Harvey.

    ConsHighly political, although that's the norm for the industry. Global approach means a lot of boring travel. Research has been emasculated in recent years. Hedge fund clients now run the strategy for the securities division. Poor IBD deal flow makes it harder to get corporate access.

    Advice to Senior ManagementRemember what gave a franchise in the first place ... the business is too broad and poorly focused.

    No, I would not recommend this company to a friend

     

    Excellent work environment. Great people.

    Anonymous Employee (Former Employee)

    ProsThe people. Challenges. Training. Work-life balance.

    ConsVery large company. Can be difficult to navigate.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Incredible Summer in Morgan Stanley Corporate Communication

    Intern (Current Employee) Beijing, Beijing (China)

    ProsVery friendly working environment. I'm in firm management, workload not nearly as intense as IBD, everyone is happy to teach you and answer questions. A great networking environment and very decent growth potential.

    ConsVery rigid vertical firm structure, hours can be pretty bad, once you have a blackberry you are never off the hook.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

     

    Financial Advisor

    Anonymous Employee (Current Employee)

    Prosfocused management, low pressure environment

    Conslegal and compliance and marketing can be difficult to deal with

    Advice to Senior ManagementStay focused, continue to listen to your advisors

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great Experience

    Intern (Former Employee) New York, NY (US)

    ProsLearned a tremendous amount about the finance industry, wealth management as well as financial services.

    ConsTraining and culture could be a little better.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great company, very difficult to survive as a rookie

    Financial Advisor Associate (Former Employee) Albany, NY (US)

    ProsGreat name recognition...products and management...if you aren't partnered or mentored it is impossible to get out of the gate and bring in the minimum dollars necessary to stay employed...

    Consshort life span if you can't show progress within a few months...

    Advice to Senior Managementhire a fraction of who you currently hire and allow more time and mentoring for success

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    capital markets manager

    Manager (Former Employee)

    ProsEmployees are exposed to a top-tier global platform. This provides a great learning experience in the form of exposure to a broad range of projects and issues as well as continuous learning through new challenges.
    Provides the opportunity to work alongside accomplished colleagues.
    Important piece of a career in finance.

    ConsWork/life balance is poor. This is similar to the experience one finds at most investment banks but bears mentioning.
    Advancement opportunities can be politically limited

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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