Morgan Stanley reviews

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.

It's an absolute shame that employees that help your firm make money is paid severely below market value. In addition, upper management seems to look down upon the Baltimore office ( a very A team/B team mentality at play). Upper management does not seem to care about employees' career paths- they'll ask you because they're supposed to but mine have never acted upon the things I mentioned in those meetings. If you are interested in coming here- do your best in your given role, learn as much as you can, and leave for another company that will pay you correctly and support you as an employee.