Low pay if you begin as trainee - Recensione dipendente - IT Associate presso Morgan Stanley

3,0
10 mar 2017
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

1. Brand name is good, and also a powerful bank. 2. Training opportunity in New York, where you can systematically learn a lot of technologies. 3. You have the opportunity to work with smart people and embrace new technologies. 4. Their IT infrastructure is the best I have seen so far.

Svantaggi

1. Salary of trainees barely aligned with market average. 2. If you unfortunately work in team that sits far far away in the back office (almost no interaction with front desk), and you are more comfortable with coding rather than talking/managing, your annual salary increase and compensation might be small, or barely match inflation rate. One year may be okay. But if you stay there for a few years, you will find yourself significantly underpaid, compared to your peers hired from the market who do the same daily job as yours. 3. Workload and responsibility is too much for the salary they pay. 4. As with all large companies, bureaucracy is everywhere. You have to make your performance visible to MD+ level to get your effort somewhat appreciated.

Esplora altre recensioni su Morgan Stanley

5,0
4 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Big name company. Helps with resume.

Svantaggi

Operations may get tedious sometimes.

3,0
30 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Very good co-workers, Great technology stack. Lot of new technologies and integration with current work.

Svantaggi

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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