Morgan Stanley

www.morganstanley.com

Morgan Stanley Reviews

Updated 29 January 2015
Updated 29 January 2015
1,908 Reviews
3.6
1,908 Reviews
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Morgan Stanley CEO James P. Gorman
James P. Gorman
904 Ratings

Review Highlights

Pros
  • Their work life balance policies allow you to work from home when you cannot get in (in 117 reviews)

  • Since it's difficult to get into Morgan Stanley, you'll work with very smart people (in 93 reviews)


Cons
  • Very limited work/life balance, which they claimed was very important to them (in 109 reviews)

  • Long hours in the operation department when the market is bad (in 121 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Disappointment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Services in Docklands
    Former Employee - Business Services in Docklands

    I worked at Morgan Stanley as a contractor (less than a year)

    Pros

    Staff facilities are excellent with a large restaurant serving breakfasts and lunches with many choices of fare. Location is okay if you enjoy expensive shopping centres.

    Cons

    The management are inconsiderate of staff needs and expect you to spill every drop of blood during working hours and beyond to get a job done, regardless of the cost to the individual.

    Advice to ManagementAdvice

    Treat staff like human beings with needs and feelings, not like items of resource that you can move around and utilise at your whim.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Analyst in Sydney
    Former Employee - Operations Analyst in Sydney

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

    Pros

    Staff worrk well together and good onboarding process.

    Cons

    Communications to staff need to be improved.

    Advice to ManagementAdvice

    Better career oppotunities for staff

  3.  

    Larger work loads, lower bonus and no career progression

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Front Office Sales in Sydney
    Current Employee - Front Office Sales in Sydney

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

    Pros

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

    Cons

    Little 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 ManagementAdvice

    Identify 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.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5.  

    Neutral

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Risk Manager in Sydney
    Current Employee - Risk Manager in Sydney

    I have been working at Morgan Stanley

    Pros

    Global reach, good for front office.

    Cons

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

    Advice to ManagementAdvice

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

    No opinion of CEO
  6.  

    Once was great ...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Executive Director in Sydney
    Current Employee - Executive Director in Sydney

    I have been working at Morgan Stanley

    Pros

    A 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.

    Cons

    Highly 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 ManagementAdvice

    Remember what gave a franchise in the first place ... the business is too broad and poorly focused.

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Good stuff

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

    I have been working at Morgan Stanley

    Pros

    Great Office Awesome Staff Support
    Office Environment
    Environment Why are we still here? did we not end this dicsussion.

    Cons

    Some Jabbering Stuff
    Nice Ipsa Ifsa
    Perks Isn't It? I don't know how they got to this level seriously

    Advice to ManagementAdvice

    Lol
    @
    Mgmt

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Mature business

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

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

    Pros

    Higher management is very knowledgeable and approachable in the division i was in. The salary is above average and investments in people are made (training programs etc ...).

    Cons

    It is hard to teach old dogs new tricks especially when direct management is focusing on a way out. More over, not exploring new businesses tends to make existing businesses more territorial.

    Advice to ManagementAdvice

    Higher management : keep fostering a strong identity and investing in people.
    Middle management : embrace change

    Recommends
    Neutral Outlook
  9.  

    Great Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in London, England (UK)
    Former Employee - Associate in London, England (UK)

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

    Pros

    Morgan Stanley has a very strong market position in investment banking, which gives you substantial deal exposure. Opportunity to work with really intelligent people.
    Even though the work hours are long, the culture of the firm is very good.

    Cons

    As mentioned earlier very long working hours and frequent weekend work.
    The firm can be quite hierarchal, which can result in doing a lot of not so intelligent work.

    Recommends
    Positive Outlook
  10.  

    wealth management intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in Chicago, IL (US)
    Current Employee - Intern in Chicago, IL (US)

    I have been working at Morgan Stanley

    Pros

    Great team that strives to associate you with accurate information regarding markets

    Cons

    Hours can be a little overwhelming

    Advice to ManagementAdvice

    Be more hands on in market approach

    Recommends
    Positive Outlook
    Approves of CEO

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