Incompetent Managers, Lots of Turnover, and Low Pay - Associate Morgan Stanley Employee Review

1.0
Nov 25, 2014
Recommend
CEO approval
Business outlook

Pros

Four weeks vacation and friendly co-workers. Plenty of space available for parking and proximity to Fells Point bars and restaurants.

Cons

Managers are incompetent and are more concerned about themselves than advancing your career. Stagnant salary increases, random layoffs, and promotions are based on tenure with the firm rather than intelligence and intellectual capability. IT systems are outdated and emphasis on cost cutting has really hurt firm morale. Lots of disarray between teams in different locations which causes confusion and inefficiency. The leadership in the Baltimore office is mainly concerned with keeping costs low and making employees work very hard for minimal pay. Also, I don't understand the forced volunteerism. Most employees are forced to perform volunteer work and receive negative feedback from managers when they don't volunteer. I would only take a position here if you have absolutely nothing else on the horizon. In addition, Baltimore is extremely ghetto.

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5.0
Jun 24, 2026
Recommend
CEO approval
Business outlook

Pros

Great company with great ceo

Cons

Large corporation where you can feel left out

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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