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Morgan Stanley

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Terrible work life balance, toxis athmosphere, Labor law violations (Budapest office) - Technology Associate Morgan Stanley Employee Review

2.0
Apr 16, 2021
Recommend
CEO approval
Business Outlook

Pros

I worked for MS for more than 4 and half year. Its not a place where you can work with cutting edge technologies, but the compensation was great and the team moral was good (before covid).

Cons

My team got a new manager and maybe the covid hit the company heavily. My last year at the firm was a nightmare. I was worked for the Budapest office, be very-very careful when you apply here, situation changed a lot in the last year. A few highlight from my last year: -Manager told on a big team status call: "Everybody shall be able to answer calls even in the middle of night, you have to stay home because of covid, you have nothing else to do just work. (nice work-live balance)" -Huge amount of overtimes, oncalls in the last year (without any compensation, no extra money, no early leave next day). Somebody in my team even called on new years eve and worked untill 10 PM. Daily 10 hours of work was normal on my last 6 months. -Managers are constantly lying (I was asked to only speak about overtimes and oncalls when the candidate directly asking it during the interview and always say the minimal information, hired people end up in completely different team, different technology, I had a coworker who resigned on his second day because it was complete different than what they told her during the interview). -I have asked help from HR about the legal status of uncompensated oncalls and overtimes. I got a follow up email after a month, they said they need more time to answer my question. I resigned a little bit latter, but I didn't get any answer for more than 2 and half month from local HR about a labor law question (that's just ridiculous). The compensation is still above average, so you can give a try if you want, but ask directly about on calls and overtimes during the interview. Ask follow up questions, and be careful because you can end up in a different team with fully different technology stack then they promise during the interview.

Explore other reviews about Morgan Stanley

5.0
Jun 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Culture is great Hours are not bad, rarely work on weekends and track the market open and close Networking opportunities

Cons

Unclear responsibilities Reliant on operations teams

3.0
May 30, 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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