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Morgan Stanley

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Morgan Stanley reviews

3.9

76% would recommend to a friend

(19,799 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 19,799 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
3.0
Dec 5, 2016
Recommend
CEO approval
Business Outlook

Pros

Best place to work in Montreal if your NYC management is a good team, unfortunately ours is hostile in operations, so very toxic, and a sweatshop for associates that report to you.

Cons

Contractual agreements by e-mail mean nothing to Executives. Gatekeeper bullies prevent you from collaborating, or joint groups, if they sense you're a threat to their ego/lack of skills/insecurities since many NYC staff have been there decades, and totally detached from what's going on in the real tech world on the street. Some teams are great: 3/4 of them, it seems roughly. If you end up on the wrong team, there will be finger pointing, scapegoats made of new employees, any mistake will be shamed in front of team, if your holier than thou boss has a hair out of place, expect to be shuffled and set up to fail, even if you ask for help from those who are neither Human, nor Resourceful. Toxic environment needs a sweep through by government legislators to cut off the bully bosses at their ankles, or better yet thrown out! Beware of colleagues, if you still have a chance to do research before joining, that have absolutely no recommendations, of any sort, on their LinkedIn profile.

1.0
Nov 7, 2012
Recommend
CEO approval
Business Outlook

Pros

It is hard to recommend working for this company, however: Excellent education and learning plans. Easy to work from home (even with short notice) Pay is good Good place to stay for a short while just to learn how NOT to do programming/software development. If you want to coast, then this is the place. If you just keep your head down and shut up in meetings you can linger there forever.

Cons

Indoctrination, they hire grads and interns with little or no experience and drill into them that this is a great place to be. After which it is impossible to carry a healthy self-critical conversation with them. The propaganda posters are the worst with their graphs of unlabelled axis touting how great the company is. Institutionalized workforce, they want to mould you to be a "Morgan Stanley" employee. With as little transferable skills as possible. Build everything in house to keep people from acquiring real skills (they even went far enough attempt to build their own programming language). A lot of the younger crowd don't realise this until it is too late. Dull eyes. Lack of talent, the bar is set so incredibly low that you almost have to dig for it. Technical skill of the average programmer is mediocre at best. But their boasting is through the roof, most suffer from a serious case of the Dunning–Kruger effect. Don't even start me on the strats, that sorry bunch of hacks. Overall lack of motivation, no body cares about anything. All talk and no action. People have meetings about having meetings about other meetings and then they go home. Nothing gets done. And if by accident something is done, it is done in the absolutely the worst lacklustre way possible. Political nightmare, nobody seems to be doing any work as they're all busy pointing fingers blaming everyone else, sorry I meant "escalating". People actively inject themselves into conversations that have nothing to do with them. Everybody is scrambling for their own little intern/grad/indian to "manage". Going to team/dept drinks is nothing short of a sickening brown-nosing session which most managers lap up (as most deliberately surround themselves with yes-people). Severely backwards when it comes to technology and software. They're still running on WindowsXP in 2012. Nothing gets upgraded until it is already out-dated, which is a favourite complaint on the in-house mailing list. Actively hostile environment to software developers. Development environment crash constantly (i.e. Visual Studio and Eclipse) due to over-the-top restrictive access controls and antiquated OSs. C++ devs have it the best but only because they use Textpad or something even more primitive. Computers are slow, software is slow, people are slow, EVERYTHING IS SLOW!

1.0
Nov 1, 2019

Going downhill, fast

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Laid back dress code Starts out with a flexible schedule for most employees Self directed learning Beer Friday

Cons

Teams and experiences of employees vary greatly across the company. If you're not a developer, you're less valuable. Culture where bullying is the norm. Racism and sexism is normal. A manager on one of the product teams has used the n word multiple times and no one did or said anything. A coworker was referred to as "the asian girl" and brought it to HR. HR did nothing. Your performance will be compared to people who live at work. There are developers who work 12-15 hours a day, every day. They will be given advancement opportunities, you will not (unless you are willing to sacrifice this amount of time). The average salary increase (yearly) will be about inflation. Don't expect a career here. Some of the managers are awesome. Some of them are bad. Some of them are terrible. The company moved from disorganized to chaotic. Your motivation is fear and anger. Nothing else.

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Morgan Stanley Response
6y
I am deeply saddened to read about your experience. As the head of Shareworks HR, I take pride in our company's values and our culture, which include transparency, empathy, and integrity. What you described is not in line with our core values and demands action. I strongly encourage anyone who experiences or witnesses this type of behavior to come directly to me or Marcos. If you are not comfortable doing that, you can call our Integrity Hotline which tracks incoming cases and pursues full investigations by a neutral party. We are 100% committed to providing an inclusive environment at Shareworks by Morgan Stanley, where everyone feels welcome, valued, and respected. Your help in reporting these issues in a timely and factual manner is critical to ensuring we can achieve this vision together. Janice Webster Senior Vice President, Human Resources
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