What goes on at ms is what makes people hate corporate America - Senior Registered Sales Assistant Morgan Stanley Employee Review

1.0
19 Nov 2017
Recommend
CEO approval
Business outlook

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.

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5.0
20 May 2026
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CEO approval
Business outlook

Pros

Large, well-respected firm that looks good on a resume

Cons

Hard to climb/move silos/mobility opportunities

1
3.0
30 May 2026
Recommend
CEO approval
Business outlook

Pros

Very good co-workers, Great technology stack. Lot of new technologies and integration with current work.

Cons

They dont even give you a MS cup. They ask you to buy it for 5$. So cheap! Management big on "Giving back", Immediate managers do not like it and are not supportive. Lay off employees twice a year to show profits. Only worried about shareholders and clients. Don't know the criteria for lay-off. So, you are always worried if it is your turn. They boast about mental health and wellness. No good, when they layoff employees like this. HR = Horrible Resources. When you are laid off, they shoo you away as if you are a fly. You feel miserable. They themselves say - "We are better than Facebook or Oracle. We dont fire you at 6 AM over email." Gosh! What a comparison!

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