Morgan Stanley

Officially a Very Good
Company to Work For

Officially a Very Good
Company to Work For

Officially an Outstanding
Company to Work For

Officially an Outstanding
Company to Work For

Officially a World Class
Company to Work For

Officially a World Class
Company to Work For

Officially a Good
Company to Work For

Officially a Good
Company to Work For

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14
Best Company to work for in the UK
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Best Company
to work for

THROUGHOUT THE DOWNTURN, which has forced it to make significant redundancies, Morgan Stanley continued to keep its employees motivated with strong leadership, its philanthropic policies and good career prospects, leaving them feeling good about the company. The financial services firm ranks in the top 10 overall on these four categories in our staff survey. Its workforce believes the company is run on strong principles (a 74% positive score) and people have a great deal of faith in the UK leader, Walid Chammah (71%), ranking the firm sixth and seventh respectively on these two questions. Morgan Stanley invests £2,000 per head a year on training, which includes courses on everything from communication skills to people management and organisational savvy, which means there are opportunities to learn and grow (65%, a top five score) and staff don't have to look far for examples of where the job can take them. More than 730 senior managers were promoted internally. Employees consequently find the firm good for their personal growth, (77%, a result bettered by just five other firms). The work is stimulating (72%), gives valuable experience for the future (75%) and people feel they can make a difference within the business (74%). Sharing knowledge is part of the culture at Morgan Stanley and, in the light of the economic climate, senior management has increased the number of meetings, "lunch and learn" seminars and breakfast briefings it holds with staff. This access to the leadership and regular updates on business developments means the workforce is confident in the leadership skills of bosses (73%, a top 10 score) and this filters down to their managers, who are good listeners (70%). Morgan Stanley has also continued to put its corporate social responsibility high on the agenda. It is halfway through a three-year project to raise £10m for Great Ormond Street hospital and last year 2,500 staff undertook charitable activities in work hours, from creating accessible pathways for disabled users at an activity centre to giving a school playground a makeover. Staff feel it is putting enough back into the community (61%, the sixth highest score on this question). As you might imagine, employees are well remunerated. Associates can expect to earn almost £53,000 and more than two-thirds of staff make in excess of £45,000, on top of which there is a discretionary performance-based bonus. You don't get paid well for nothing, however, and employees can feel they spend too much time working (a positive score of just 44%, the second lowest result). Yet they would not leave tomorrow if they were offered another job (68%, a top 10 score) and are proud to be part of the firm (79%). www.morganstanley.com

Featured Workplace Factors

My Company

79% of staff agreed

I have confidence in the leadership skills of the senior management team

Morgan Stanley recognises it has a role and a responsibility in advancing sustainable global development which requires a sound economy, strong social institutions and a healthy environment. They also realise their long-term business goals are best achieved in societies that embrace sustainable development. Contributions they make with their clients to help minimise environmental and social risks, such as making sound investments in environmentally beneficial technologies, encouraging investors to mitigate environmental risks and engaging stakeholders in open and constructive dialogue, can have positive impacts for communities, businesses, governments and the environment. In turn, Morgan Stanley benefits from stronger relationships with clients and communities as well as from healthier, safer and more sustainable societies.

Personal Growth

86% of staff agreed

I feel proud to work for this organisation

All employees have access to two types of training curricula: Financial product training to enable the technical development and management training to enable the professional development. Formal training is delivered in a variety of ways: classroom, online, Video-Conference and LiveMeeting. Sharing Knowledge is key to Morgan Stanley's culture and is typically undertaken at a divisional level using different tools. Some of these include ‘lunch and learn' events in which employees will come together in a less formal seminar for a briefing or seminar. Divisions will also make use of the intranet to share departmental knowledge and via Morgan Stanley today to share company information. Morgan Stanley has a number of strategies in place to manage talent. This includes key programmes that develop and engage with the workforce. An example of this is the Women's Leadership Development programme which focuses on the senior leadership Development Programme.

My Team

85% of staff agreed

The experience I gain from this job is valuable for my future

Morgan Stanley recognises it has a role and a responsibility in advancing sustainable global development which requires a sound economy, strong social institutions and a healthy environment. They also realise their long-term business goals are best achieved in societies that embrace sustainable development. Contributions they make with their clients to help minimise environmental and social risks, such as making sound investments in environmentally beneficial technologies, encouraging investors to mitigate environmental risks and engaging stakeholders in open and constructive dialogue, can have positive impacts for communities, businesses, governments and the environment. In turn, Morgan Stanley benefits from stronger relationships with clients and communities as well as from healthier, safer and more sustainable societies.

Benefits

Maternity

Companies offering at least 10 weeks’ full pay or generous alternative.

Pensions

Companies offering a final salary scheme to all employees, or one in which the employer's contribution is at least 5%.

Private Healthcare

Companies offering private health insurance to all employees.

List Positions

National Ranking
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14
Best Small Companies to work for in the UK
National Ranking
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14
Best Mid-Sized Companies to work for in the UK
National Ranking
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14
Best Large Companies to work for in the UK
National Ranking
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14
Best Big Companies to work for in the UK
National Ranking
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14
Best NFP Organisations to work for in the UK
Sector Ranking
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Best Companies to work for in the UK
London
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London
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Best Mid Sized Companies to work for in London
London
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Best Large Companies to work for in London
London
#
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The Midlands
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East of England
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Scotland
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Wales
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Yorkshire & The Humber
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Best Companies to work for in Yorkshire & The Humber