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Morgan Stanley

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Use ALL of your vacation before you quit!! - Anonymous employee Morgan Stanley Employee Review

2.0
Mar 12, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great bonus and perks from company paid lunch to overall benefits.

Cons

Not sure if the following is only applicable in Canada. Morgan Stanley (MS) separated between vacation time and vacation pay. They will only pay the vacation based on the minimum 4% of your earned salary which is what's on the Employment Standard (ES) of where I live. That said, even though I still have an unused earned vacation balance, MS declined to pay the balance because the vacation that I have used is already more than 4% of my earned salary. To make things worse, what MS did by separating vacation time and pay is not against the ES. That said: 1. If by the time you quit (or maybe even when they fire you but I'm not sure on this one), you have yet used any of your vacations, then, MS will only pay up to 4% of your earned salary. 2. If by the time you quit, you already used more than 4%, but still have a remaining balance (which you have already earned), then, MS will NOT be paying you the balance. Therefore, make sure that you use ALL of your earned vacation before you quit!!!

Explore other reviews about Morgan Stanley

5.0
Jun 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Amazing team that loves to colloborate. Amazing pay.

Cons

Could do better with documentation.

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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