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Not the place to be for a Software Developer

Software Developer
Current Employee
Has worked at Morgan Stanley for 2 years
February 6, 2019
Budapest, Hungary
1.0
Doesn't RecommendNegative OutlookApproves of CEO
Pros

Good brand name for the CV.

(Not sure if it is the same in the near future.)

Cons

Increasingly low compensation. It's all about cost cutting these days.

Not all, but many people in the firm put emphasis on self-importance.

Some managers have anger issues and like to humiliate or criticize others publicly.

Bonus, promotion, and compensation are not based on performance but are more focused on visibility and networking with management.

Although the bonus is meant for last year's performance, if they think you will leave soon, they give you nothing.

Deprecated technology or Morgan Stanley in-house developed technologies are used in the project (re-inventing the wheel, but in a worse way).

Talented people are leaving, resulting in degrading quality of software development and architecture.

The graduate program no longer sends people to NY (as part of cost saving).

Advice to Management

Treat your employees as normal colleagues.

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