Morgan Stanley

www.morganstanley.com
Employer Engaged

Morgan Stanley Reviews

Updated 3 March 2015
Updated 3 March 2015
1,986 Reviews
3.6
1,986 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Morgan Stanley CEO James P. Gorman
James P. Gorman
938 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.  

    Hierarchy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at Morgan Stanley as a contractor (less than a year)

    Pros

    Great brand, Professional team, Global access

    Cons

    no clear future development for junior

    Recommends
    Neutral Outlook
  2.  

    Disappointment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Business Services in Docklands
    Former Contractor - 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
  3.  

    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

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    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
  6.  

    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
  7.  

    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
  8.  

    Good working culture, flat hierarchy.

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

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

    Pros

    Good benefits, flat hierarchy, I was an intern so the people were pretty friendly and took me out to coffee to chat about their jobs, efficient training before job.

    Cons

    Culture might be a bit stale, ubiquitous office culture, not really diversified. There wasn't really an international setting that would have benefitted the culture

    Advice to ManagementAdvice

    Working on recruiting and getting an international setting. Worked in NYC and the office might as well have been anywhere in Wisconsin.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Financial Training experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Training Intern in Sacramento, CA (US)
    Former Employee - Financial Training Intern in Sacramento, CA (US)

    I worked at Morgan Stanley

    Pros

    This was a 10 week internship very popular among UC Davis students that I thought was a great learning experience. It combines the information from multiple classes into one fast-paced internship. Great name and knowledge on your resume and helpful in deciding if investing and finance is a direction interested in.

    Cons

    The quarter I participated was very unorganized and demanded too much of full time students in such a condensed time. Culture and people was a strange mix and not the friendliest.

    Advice to ManagementAdvice

    Better organization and group leaders necessary, especially to incentivize people to continue to part 2. Start earlier in the quarter to fit the information in less rushed.

    Recommends
    Positive Outlook
  10.  

    So far so good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance Manager in Mumbai (India)
    Current Employee - Finance Manager in Mumbai (India)

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

    Pros

    Culture, work ethics, longevity, the firm has a global footprint and the connectivity is pretty good, excellent place to work

    Cons

    Very less stress on skill set training, only mode of training to New recruits is on the job. Which sometimes isn't enough.

    Advice to ManagementAdvice

    Look to source fitting talent, put more emphasis on employee engagement and develop a training program. Also, look to have an open top down communication.

    Recommends
    Neutral Outlook
    Approves of CEO

Work at Morgan Stanley? Share Your Experiences

Morgan Stanley

 
Click to Rate
or

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