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Great Team, Bad Furlough Policy

Senior Java Developer
Former Employee
Worked at Morgan Stanley for 1 year
February 3, 2023
Montreal, Quebec
4.0
Recommends
Pros

The team I worked with and my manager (Arden) were very helpful. The environment is very friendly. You can reach out to anyone at any time with no hard feelings. Colleagues never discourage each other, even when they ask silly doubts. Though it was a short time, my manager gave me a lot of opportunities, freedom, and scope to learn and explore.

Cons

Hides the furlough policy. Told me at the end, two days before mandatory time off. I cannot plan anything. At the end, I was idle for almost 13 days. When I reached out to the HR team, they confirmed that it's company policy and, whether I like it or not, I have to take those furloughs, and it is mandatory.

This policy will surely impact contractors who join at the end of the year because I need to take another 10 to 13 days for next year as well. In total, it's almost a month without salary. Otherwise, I would have continued with one of the best teams.

For full-timers, it's not an issue. Will recommend this team to others.

Advice to Management

Furloughs should be prorated. Someone who joined in November/December is not able to take 10 to 12 days of time off, or it should be stated ahead clearly. Financially, it impacts when a person joins as a contractor.

Additional Ratings

Work/Life Balance
5.0
Culture and Values
5.0
Diversity, Equity, and Inclusion
5.0
Career Opportunities
4.0
Compensation and Benefits
3.0
Senior Management
5.0

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