3.0
6 Jan 2009
Current employee
New York, NY
Recommend
CEO approval
Business outlook
Pros
Historically, employees at Morgan Stanley have been paid very well.
Cons
However, there is no guarantee that things will get better for the financial services industry and many of the legacy business models will not work in the future. Unfortunately, management has not given any indication that the firm is planning on adapting. There is high employee turnover, and as employees gain seniority they are at increasing risk of being laid off. There is terrible work-life balance, especially at the junior level, when employees are expected to be available 2/47. There is a lack of information sharing across the firm, and it is very difficult to change roles within the organization.