Mid bucket bonus was 44k….
What the fuck is this shit??? Why would anybody choose to take such a fucking ENORMOUS discount relative to boutiques? The exits are extremely comparable (and honestly probably better than some of the worse MS groups). I know the EB’s pay 80-120 in bonus…and I just took home 44k. What the actual fuck.
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Who could have seen this coming? (everyone)
x
work smarter not harder
Please can you elaborate? What would you suggest?
Don't work for MS because of "PRESTEEEGE", go work for an EB or in PE where you'll be paid more. Money > Prestige
Smh putting this back because the guy below me is a bitch:
Enjoy being a mid ass employee… which is why U got a mid review. Would I be complaining abt being mid and still getting 154k ? No.
Go suck a dick with ur 30k post tax bonus with ur fat out of shape ass, worked 90 hour weeks just to get the same comp as people who work 30 hours less a week
If by "mid performing" u mean still cranking out 90 hour weeks until 2am daily and doing shit for billion dollars deals only to get a fucking atomic fraction of it, then go fuck ya self lad.
Edit: the nerd above deleted his comment saying I deserved what I got because I didn’t work hard enough. 🤡
Lol
Lol
Wanting to be paid in line with comparable firms isn’t a crazy ask Jesus Christ. After working 80 hours a week I think everyone wants to be compensated nicely
Name checks out
Ha
Would you feel better if they gave you a participation bonus for being mid bucket?
https://dealbreaker.com/.amp/2016/01/bonus-watch-16-morgan-stanley-has-…
What’s that GWB quote?
Why weren't you top-bucket? Maybe a little self-introspection is needed.
Entitlement is getting crazy. How many deals did your group execute since December? 44k, dinner every night, Ubers, and you’re still mad. Lateral then dude
"Dinners every night" -> if you're working past 8pm (normal people don't do this btw)
"Ubers" -> if you're in the office past 8pm (normal people don't do this btw)
not at MS, but stfu bootlicker lol
Found the guy who never worked in IB!
Not at MS but I can understand his frustration. Don't think OP is being unappreciative, he's just point out the stark inequality of pay for comparable effort. Also doesn't help when you have friends in tech making the same amount as you and working 30-40 hour weeks from home.
Agreed, you don’t even have to look at tech to compare, just look at other banks. That’s a shit bonus for what’s supposed to be a top bank when all other top banks, GS/JPM/EBs, are pulling in far more
Are they tho? Numbers aren’t even out this year for them
That’s very true
*Cries in UBS Analyst*
Del
Confused.. UBS announced bonuses last week. Not great but not barc/MS level bad
..
Are you currently doing this?
..
If we want to use the forest in the tree analogy then - There is more to a life / career then a long term opportunity down the road.
I just think its a little disrespectful to pay juniors a bonus - when taxed - barely covers a years worth of 401K contributions. At that point why not move to a lower cost of living city and get a job that actually pays you.
..
Significantly easier to get into MS compared to any boutique
At my target, any diversity or person who puts marginal effort and has decent internships can get MS or other BBs
there are plenty of reasons to hate MS but at my target MS is by far the hardest to get. you quite literally can't get an offer unless diversity or connections. some kids get multiple offers from GS/EVR/CVP/PJT whatever and not MS. not saying MS is a better bank than these since that's all opinion but to lump it in with being the easy to get alongside other BBs is not true. i'm sure it may be different at other schools though
Cap as fuck lol. And anyway, better for you, you will make way more at GS or EB’s.
das cap bruv
I get why OP is upset. Man I was upset with my bonus at UBS (mid bucket) and it’s still 5 figs higher than what MS paid out. As one of the top banks on the street, MS analysts worked hard to get there and deserve better
Sucks, but at least you got 44.
Its like sub 20k after taxes.
he took home 44
Lower than CS An bonuses and their stock is at a 30 year low..Gorman always looking out for his shareholders.
Asso’s and VPs are pretty upset if this is a preview of what’s to come year end
Was this IBD or GCM?
took home 44k = gross was at least 70. so it's close enough to EBs. the amount of extra work and stress in EB isn't worth extra 10k gross, which translates into 6k net.
No, it was 44k pre-tax. https://www.wallstreetoasis.com/comment/2866624#comment-2866624
https://www.wallstreetoasis.com/comment/2865676#comment-2865676
in that case IB sucks. I get the same bonus but work 40h.
Dude chill Barclays mid bucket was the same as MS it was also like 45k
Any info on what the bottom/top buckets pulled? I’d be surprised if the top buckets don’t get street level..then again the MS discount has low key been going on for years
https://nypost.com/2022/07/28/morgan-stanley-banker-grumble-bonus-this-…
HAHAHAHA
"The complaints from Morgan Stanley staffers echo those of Barclays bankers earlier this month."
Lmaooooooooo
What did you expect? They raised base and then it comes out of your bonus. No free lunch.
Shit
https://www.google.com/amp/s/nypost.com/2022/07/28/morgan-stanley-banke…
We made it boys let’s fucking go
https://www.google.com/amp/s/nypost.com/2022/07/28/morgan-stanley-banke…
We made it boys let’s fucking go
Lol
Guess what? Investment Banking revenue was down 55% YOY. You bankers no longer rule the roost at MS. Wealth Management was down 6% yoy and accounted for 44% of revenue - Wealth Management rules the roost; SO - you got exactly what you deserved for your performance. You should be grateful.
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