Morgan Stanley reviews

3.9

75% would recommend to a friend

(19,863 total reviews)
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Ted Pick

80% approve of CEO

73% positive business outlook

Morgan Stanley has an employee rating of 3.9 out of 5 stars, based on 19,863 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Morgan Stanley employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

20K reviews
2.0
Apr 19, 2016

BOSS HARASSMENT, HR DID NOTHING

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some smart people there, especially within their field

Cons

WARNING TO WOMEN: I had a boss that harassed me on a daily occurrence for over 4 months, the details of which are definitely 'crossing the line'. I refused to do something that was against the code of conduct and borderline illegal and that was the repercussion. I went through the appropriate channels, HR, asking to be directed to someone else in the Firm, etc. He wanted me under his control, and fought me and another Director when I asked to be transferred to another Director within my small 10 person team. He would often threaten that "he knew how to manipulate senior management". 4 months later I was laid off, and during the separation talk the MD on the team didn't understand why I was being laid off but signed off on it since my former boss suggest my name (if you didn't know that's how the lay offs work at Morgan, now you do...someone suggests your name).

3.0
Jan 29, 2015
Recommend
CEO approval
Business Outlook

Pros

As a broker with Morgan Stanley they started me off with a base salary, that was good. The benefits are good, the infrastructure was good, and there are good people in the training program.

Cons

Once you hit month 1, you're on the chopping block. Your only job is to bring in money. If you don't have an existing book of business, wealthy people willing to invest with you, or a pre-existing relationship with a team it is VERY difficult to meet the tiers requirements and earn the offered bonus's. It's only getting harder.

4.0
Jan 17, 2015
Recommend
CEO approval
Business Outlook

Pros

Lots of smart people who are very hardworking. They come from a variety of backgrounds and always give their best efforts. Employees and consultants are treated pretty much the same. If you're doing any kind of IT work, everyone is pretty much standardized and work is delegated based on technology and business experience. If you want to get the "best" work, you have to know everything about it beforehand. Compensation is good and also guaranteed. I used to work in an IB that didn't give me bonuses due to the small size of my team and my rank. MS gives you a cut end of story, but that doesn't mean it's good. Benefits are also good. You get decent coverage from the basic medical plans offered. Depending on your team and nature of your project, the work from home policy is pretty lax. A lot of co-workers have families and commute into the city so sometimes they need to be home.

Cons

Work can get repetitive. Many times I find myself doing a glorified refactoring of poorly written or poorly planned code. You'd think there would be an extensive process in check to prevent poor code from going into production, but that's not the case. Teams need to enforce their own code review and audit policies and sometimes that's difficult when you are trying to hit big deadlines. IT support staff could use some work. There are no doubt talented individuals who keep good notes and are very good at drilling down issue solutions, but that doesn't save QA overall from being a giant sink. I think the QA teams need to be closely situated with the developers and create their test-cases co-dependently so they can actually understand the software; otherwise, developers may as well be the first point of contact. Ranking and compensation improvement is slow. There's a big bureaucracy in place for promotions and it can be very frustrating to work year after year without seeing any improvement. Getting ahead requires you to be very social which is not always the easiest thing to do.

Viewing 88 - 90 of 19,863 Reviews

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