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Morgan Stanley

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Morgan Stanley reviews

3.9

75% would recommend to a friend

(19,856 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 19,856 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 Finanzas industry (3.7 stars).

Reviews by job title

20K reviews
2.0
Jul 13, 2021
Recommend
CEO approval
Business Outlook

Pros

- COVID is serious and employee well being is important - Benefits are competitive - People care about their work - Line workers are high quality people

Cons

- Shareworks as a company is not mature in its processes which means integrating into the Morgan Stanley (MS) ecosystem is way more difficult than it should be - Similarly, Shareworks technology has poor governance which means integrating with MS is painful - MS is a regulated company and comes with some heavy restrictions on employees - Shareworks executives talk about working well with MS but routinely block work that MS asks for, i.e. they're fighting the integration at the exec level and not letting line workers pick up the difficult work of integrating - Mid-level executives either can't make a decision and stick with it, or are actively hiding details of their strategy - As a result of all this, Shareworks is being hit really hard by the "Great Resignation." Teams are literally less than half of what they were a year ago. - Opportunity is reserved for self-marketers. MS is really tight about moves and promotions, i.e. they have quotas. So, it doesn't matter how hard you work and position yourself. If they've met their quota, then you wait another year.

3.0
Apr 3, 2021
Recommend
CEO approval
Business Outlook

Pros

* Co-workers were generally bright, eager to learn, and helpful * Good social scene (friendly co-workers, social clubs, free beer on Fridays, etc.) * Development teams had lots of autonomy * Good pay and great RRSP matching * Some development managers and product managers were great * Great work-life balance

Cons

* No technical vision. Technical matters felt like they were directionless. Build times were ever increasing. Some teams lacked oversight/review and pushed code that would not fly on more established teams. No team lead, tech lead, or architect roles. * Lack of technical innovation. Relentless focus on new features and minimum viable product meant that innovation often fell by the wayside. Many teams continued to use old front-end tech even for green field work, or engage in procedural rather than object-oriented programming. No technical roadmap or strategy to move away from outdated parts of the tech stack was communicated or mandated. Encountered strong push back against moving to a true services architecture. * Monolithic and legacy code base. Never felt like I had the time or support to break smaller services off from the monolith. Felt trapped in a cycle of "learn new and esoteric part of the monolith" and "accrete new feature onto the monolith". * Cliques and tone policing. It felt like outspoken and extroverted 'rockstar' developers were rewarded with promotions. Often felt forced to be a 'cheerleader' despite the various issues listed here. Saw from co-workers experiences that sharing actual outlook might result in withholding of promotions or raises. * Was acquired by Morgan Stanley. We lost sudo access to our machines. "Outside Business Interest" rules required you seek approval for accounts, move securities to particular banks, and report your positions. The sabbatical was taken away despite the fact that many people had been promised it as part of their employment. * Did not feel like senior management were team players. We were told that, post-acquisition, Morgan Stanley would let the company keep one of its two big annual events: the manager retreat or the Christmas party. Senior management elected to keep their retreat, while everyone else lost the Christmas party. * Aesthetics felt favoured over functionality. Rolling whiteboards were removed from the office with no consultation of the people that used them daily. MacBooks were rolled out before they were ready and despite being a worse development experience (longer build times, etc.). * Did not eat their own dog food. Despite making software around implementing equity plans, the company stopped offering regular equity grants to its employees post-acquisition. * Retention issues. It felt like the best and brightest were constantly leaving. The people I wanted to work with the most always ended up leaving, and ultimately so did I.

1.0
Aug 18, 2020
Recommend
CEO approval
Business Outlook

Pros

There are some good people who work there.

Cons

Verbal abuse and bullying. Unless you kiss butt and are part of the “good boys club”, your hard work won’t matter and you will be treated poorly. The financial planning training is non-existent but you are expected to give advice to clients. You are on your own with no help from managers. I was always surprised that there were any clients left. They are nickel and dimed like crazy. Do yourself a favor and do not apply.

Viewing 235 - 237 of 19,856 Reviews

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