Underpaid and Overworked - Software Engineer II Morgan Stanley Employee Review

2.0
23 Oct 2024
Recommend
CEO approval
Business outlook

Pros

Great leave policy, Subsidized food

Cons

Below industry pay, large attrition due to low salary, less emphasis on individual growth, less increments, legacy systems, and tech. It is now only hiring from 3rd tier and local colleges as students from good colleges don't stay due to low salaries. Their intern and full-time salaries are almost same. Great place to intern, horrible for full-time. For 3 years experience barely paying 20LPA. Goldman pays more than twice

Explore other reviews about Morgan Stanley

5.0
6 Jun 2026
Recommend
CEO approval
Business outlook

Pros

People are solid, advanced systems, good facilities

Cons

People are undervalued at times, strict wfh policy

3.0
30 May 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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