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Bullied culture to contractors

Senior Software Developer
Current Employee
Has worked at Morgan Stanley for 2 years
July 31, 2020
London, England
1.0
Doesn't RecommendNegative OutlookNo CEO Opinion
Pros

Some nice, hardworking people.

Cons

Bullied culture with contractors in teams like equity swaps trading IT. Contractors were not involved in the meetings and were treated as outsiders. Consistently got teased about earning too much; it's a very political and depressed environment. A few old-timers are holding on to their jobs and good work, leaving bad work to the others. There's hardly any flexibility for working from home, and even a team member who just gave birth was told she could not work from home to look after her newborn. Such a toxic environment, with horrible, selfish management. Contractors were told directly in a meeting that they should get cut before perm employees; they get paid for this.

Advice to Management

Make sure there are redundant people there for 10 to 15 years and more. Get new blood in, otherwise you get mini-clubs; people only looking after the old-timers.

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