What goes on at ms is what makes people hate corporate America - Recensione dipendente - Senior Registered Sales Assistant presso Morgan Stanley

Terrible compensation packages, the way the firm treats employees is what makes people hate corporate America. The CEO James Gorman gives himself raises and bonus' numerous times a year, millions upon millions of dollars, but they lay off tons of people making low salaries and expect people to do the job of two people. They rob from the advisors putting a portion of their revenue in a differed comp plan. They use that money to buy Morgan Stanley stock moving up the price of the stock which makes Gorman stock options more valuable. They treat support staff like the own them, no bonus, years go by without raises, then when they give you one it's less than 1 percent of your salary. I repeatedly got high ratings on my performance reviews and the big raise would be less than one percent, some people got nothing. This is the worst firm on Wall Street. The culture is negative and counter productive. They couldn't give a hoot about their employees.