Go somewhere else - Stock Plan Services Representative Morgan Stanley Employee Review

1.0
1 Jul 2021
Recommend
CEO approval
Business outlook

Pros

If you don't have a soul and are ok with working in a call center then you get OT pay.

Cons

E*TRADE rushed to hire a bunch of people to make Morgan Stanley happy. Their big screw up is they are higher people with no qualifications and basically hire anyone with a pulse. The customers are noticing and the quality of work is taking a nose dive. E*TRADE is now shoving sales down every employees throat. I'd compare E*TRADE to Wells Fargo prior to their scandal. Who cares about actually have knowledge and knowing what you're doing when you can shove a referral in there. 9/10 employees have absolutely no idea what they're doing and don't care. Their horrible work is left to the employees who have actually worked their for an extended period of time. Every aspect of this business is run poorly. OPS, TOA, New Hires, Management. I could go on. If you wish to actually grow and feel educated and well versed in the brokerage industry, go elsewhere. Also, don't have your stock plan team manage stock plan accounts for companies who care about their employees. No RSU and when they had an ESPP their stale stock had a discount of 5 % which is pathetically bad. I hope I saved someone a waste of time in their life they can't get back.

Explore other reviews about Morgan Stanley

5.0
1 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Good experience and benefits within Morgan Stanley

Cons

Constant in queue talking to participants

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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