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Pay is getting worse, with increasing outsourcing both on- and offshore

Software Engineer
Current Employee
Has worked at Morgan Stanley for 4 years
August 1, 2013
New York, New York
2.0
Doesn't RecommendDoesn't Approve of CEO
Pros

Very flexible work arrangements. Good technology stack. (On the Morgan side, the SB side works with vacuum tubes.)

Cons

Zero bonus for years now. Lots of H1B staff and India teams, which depresses comp for everyone. Local leaves lead to three new India hires. Really cool tasks, including mobile, are outsourced to contractors.

Advice to Management

Realize that Gorman is perceived as a jerk in the lower ranks, and it depresses morale. Paying millions to traders, and for the others, it's "if you're unhappy, just leave."

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