Evaluate my Morgan Stanley associate offer!

New HjLdDG
Jun 4 124 Comments

I was offered 80,000k for an associate position at Morgan Stanley...Is this low? Can you really negotiate when you don't have much experience or a competing offer? I'm at this point in it for the experience but at the same time I don't want to be lowballed.. I would appreciate all the advice!

Edit: Sorry, meant 80K! Haha.

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TOP 124 Comments
  • CrowdStrike / Sales Mr. Big
    $80M is pretty good for an associate...
    Jun 4 1
    • New mLKjr85
      He's gonna be Jim Gorman's personal fluffer
      Jun 5
  • Symantec HRmgr6
    $80M is low, get a competing for $100M
    Jun 4 3
    • Amazon anw2Bwm
      80m sounds like an intern offer. I remember working at Facebook and getting 10% of the entire Facebook company every year in stock bonus
      Jun 5
    • Nvidia
      Nsgl08

      Nvidia

      PRE
      Adobe
      Nsgl08more
      talking about Zimbabwean dollers?
      Jun 5
    • Google / Eng L7 👁️
      Come on, any one with an iota of self worth will only be talking in namibian dollars, not Zimbabwean 😮😁🤪🤪
      Jun 5
  • Intuit Intuit
    80000K = $80000000?
    Jun 4 3
    • Indeed mrsatoshi
      No, 80000K is 80000000. There was no unit specified.
      Jun 5
    • Amazon 669
      Can you add some commas.. I’m feeling dizzy just from counting all those 0s..
      Jun 5
    • Indeed / Eng on 🔥
      669, are you American?
      Jun 5
  • BlackRock / Eng saywat
    Take it man 800000k is super awesome!!! Good for you !
    Jun 4 2
    • SpaceX / Other
      muskytaint

      SpaceX Other

      PRE
      Google
      muskytaintmore
      No dude it is not 800million, it is 80 million. Op should stall and try to get competing offers
      Jun 4
    • BlackRock / Eng saywat
      Sorry got carried away with all the zeros 🤯
      Jun 4
  • Intuit Indiv. #1
    Why on earth did the Blind app send me a notification for, of all things, a s**tpost?
    Jun 5 8
    • UPS Ufgk43
      Are you new? It's all shit posts
      Jun 5
    • UPS Ufgk43
      It yelled at me to review the app after posting that. Fuck you blind.
      Jun 5
    • New EfCB87
      UPSers on blind! Since when
      Jun 5
    • Navy Federal Credit Union / Eng masti
      UPS needs devs too, not everyone is a driver.
      Jun 5
    • Salesforce Tsark
      ^^ that would mean Uber has devs too?
      Jun 5
    • Facebook
      B13captain

      Facebook

      BIO
      New grad with 10yoe
      B13captainmore
      I’m sorry this happened to you
      Jun 6
    • New EfCB87
      I was a dev at UPS that’s why I commented! Just never saw anyone else from there.
      Jun 6
    • Indeed lndeed
      lets make our own app
      Jun 11
  • Flagged by the community.

  • Amazon sde_3
    Tbf if you can't distinguish between $80K and $80M you're lucky a bank will hire you at all.
    Jun 5 1
    • Facebook / Eng
      deepanalys

      Facebook Eng

      PRE
      Facebook
      deepanalysmore
      Probably gets paid 80k cents
      Jun 8
  • Salesforce Tsark
    How are we supposed to evaluate an offer if you don’t tell
    1. Location
    2. Years of experience
    3. Current TC, if not new grad
    Jun 5 0
  • Match DOgR88
    $80k for zero experience as an associate? This shouldn’t be a topic.

    My first tech gig was for $30k/yr.

    Just an FYI, you will cap out quickly. You’ll not retire early in this field; unless you live in a shed in KY. Get over it.
    Jun 5 2
    • Facebook / Eng Expossible
      This is Blind so anything less than $500K TC for a new grad is lowball.
      Jun 5
    • Google DocStrange
      ...wth? It’s easy to retire early in this field. Your first tech gig being either a million years ago or doing tech support isn’t relevant.
      Jun 6
  • Google
    AIMLOK

    Google

    BIO
    I once served 5TB
    AIMLOKmore
    Does it come with bananas?
    Jun 5 2
    • Morgan Stanley jumpornot
      Sadly banana is too expensive!
      Jun 5
    • Amazon MsSanchez
      Hey banana is OUR thing!
      Jun 6
  • Amazon dhydbaa
    omg 80M ?this is an associate job for MS or for Trump?
    Jun 5 0
  • Datto, Inc. Klokov_v2
    Location?
    Jun 4 1
    • BlackRock / Eng saywat
      Utopia I guess !
      Jun 4
  • Snapchat eeXB43
    80M? low ball offer.
    Jun 5 0
  • Flagged by the community.

    • Amazon MsSanchez
      Poor baby. Here’s a reply so you get another notification
      Jun 6
    • Salesforce hypeforce
      +1
      Jun 6
    • Yelp
      prickly

      Yelp

      PRE
      Google
      pricklymore
      Another notification for you
      Jun 6
    • Autodesk Bailing
      +2
      Jun 6
    • New YlXm07
      +3
      Jun 6
    • Autodesk cheapass
      +4 sucker
      Jun 6
  • Facebook / Eng aizu
    Morgan Stanley new grad offer is now 100k
    Jun 5 1
    • Uber saAP8D
      wOw when did they start paying the big bucks
      Jun 6
  • Facebook madmoney4
    Try to be in tech if starting your career banks are really worse no respect for devs
    Jun 5 0
  • Amazon dataiq
    Don't it is dead company if you are in Tech. Most of the engineers are contractors from India no coding standards, process or what so ever. I would keep it as last option.
    Jun 5 0
  • Goldman Sachs
    123Thisguy

    Goldman Sachs

    PRE
    JPMorgan Chase & Co.
    123Thisguymore
    OP come on man give us more details. Tech or no tech? If no tech, back office or front office? What location? These things make a huge difference. I'll say from industry standard 80k is mid range for associates in secondary locations, which also usually means back office
    Jun 5 7
    • New / Ops
      tooQ10

      New Ops

      PRE
      Rakuten USA
      BIO
      Obligatory: YoE 20, TC 41k. Such is life for us non-SWE office monkeys!
      tooQ10more
      Wait, back office makes 80k now? Even new grads? I live outside the US, but I've been in the back office for almost 20 years and my base is about half of that. I'd move back to NYC if it meant getting 80k!
      Jun 5
    • Goldman Sachs
      123Thisguy

      Goldman Sachs

      PRE
      JPMorgan Chase & Co.
      123Thisguymore
      Not new grads. But yeah I've heard experienced associates can do fairly well. But where you working tooQ10 that you making 40k with 20 years experience man? Where you living?
      Jun 5
    • New / Ops
      tooQ10

      New Ops

      PRE
      Rakuten USA
      BIO
      Obligatory: YoE 20, TC 41k. Such is life for us non-SWE office monkeys!
      tooQ10more
      Tokyo, Japan. I've been making 367,000 yen per month since the 2009 crisis.
      Jun 5
    • Goldman Sachs
      123Thisguy

      Goldman Sachs

      PRE
      JPMorgan Chase & Co.
      123Thisguymore
      What do you do in back office and who do you work for. Seems low for tko. Isn't is like crazy expensive there?
      Jun 5
    • New / Ops
      tooQ10

      New Ops

      PRE
      Rakuten USA
      BIO
      Obligatory: YoE 20, TC 41k. Such is life for us non-SWE office monkeys!
      tooQ10more
      I work for Rakuten, a big supposedly-internationalized company with all kinds of sub-companies in various fields. My team does securities trading settlements and data reconciliation and that kind if thing.

      Salaries start at 300k per month here. Tokyo is nowhere near as expensive as NYC or SF, particularly real estate, though the quality is lower. The streets are safe and clean. Work hours are long and bullying is rampant. So it has its ups and downs.
      Jun 5
    • Uber kjjl
      tooQ10: why not work for a foreign company (one of the bigger banks for example)? They should be able to pay much more.
      Jun 5
    • New / Ops
      tooQ10

      New Ops

      PRE
      Rakuten USA
      BIO
      Obligatory: YoE 20, TC 41k. Such is life for us non-SWE office monkeys!
      tooQ10more
      There are only so many foreign companies, and in this era of 200 resumes leading to 20 phone screens, to 5 on-sites, to 1 offer, I can't imagine ever getting hired by one of them.
      Jun 6
  • Compass KeXR56
    If you are a fresh grad, what you should be looking for is gaining experience. Worry about TC later. There are plenty of startups in NYC. Do your research and join one where you think there is a mutual fit. Even if you are interested in finance, a large company like this will treat you like s### and all you will do is write sql all day long.
    Jun 5 6
    • Google / Eng Neopets😍
      Bad advice.
      Jun 6
    • Amazon MsSanchez
      Sounds reasonable to me
      Jun 6
    • Chase / Eng ミ●﹏☉ミ
      Not only it's a bad advice, it cant be applied in banks as it will for sure take your creativity away and at one point I'll be stagnant. If you don't know how to code and I mean literally, then yes join it. You'll learn to code in a prod world somewhat. After one year resign and prepare for an interview for better prospects. When you grow old, due to all the responsibilities it gets harder to prepare for a better position. I would highly suggest you do it now.
      Jun 6
    • Compass KeXR56
      Being creative and working for a big bank like chase are oxymoron IMHO.
      Jun 6
    • Compass KeXR56
      Most programmers in big banks rerun jobs, run sql and do jdbc open, execute and close all day long is what they do all day long. You will get highly experienced at playing politics and becoming an oracle sql expert.
      Jun 6
    • Chase / Eng ミ●﹏☉ミ
      I agree with your first point. 2nd point is debatable
      Jun 6
  • Amazon su
    80,000k!? Eighty-thousand thousand is a lot.
    Jun 5 3
    • Intel wIFr32
      May be you didn’t see/read the edit. It’s 80k 😅!!
      Jun 5
    • Facebook / Eng
      deepanalys

      Facebook Eng

      PRE
      Facebook
      deepanalysmore
      It's kilometers not miles
      Jun 8
    • Uber didify
      Ahhh now it makes sense
      Jun 8
  • Flagged by the community.

    • Amazon / Eng charlesk
      What the hell man ? I understand a little Hindi here and there , this IS NOT ACCEPTABLE ! Treat others with respect and get it back or get the hell outta here
      Jun 5
    • Microsoft / Eng nghtblood
      I understand what it means and it is uncalled for @linkedin
      Jun 5
    • Amazon / Eng charlesk
      @nghtblood : you mean , '@m@ry@' ?
      Jun 5
  • May be blind should ban people who are here to make fun of others for innocent mistake, what a bunch of jerks for making fun of 80,000k obviously it's 80,000$. Get a life who are here to make fun rather than being professionals and giving professional advices to people who needed it.
    Jun 6 0
  • Google eFRv33
    MS sucks don't work there.
    Jun 5 0
  • Cisco ()()($()
    Lol these are the threads that just give me a huge grin on my face while taking a dump!

    Even though I am 7 YOE top performer at this god damn company with a TC of 175k 😬
    Jun 5 2
    • Google / Eng Neopets😍
      Watch out, Cisco is a pretty shitty company too.
      Jun 6
    • LinkedIn m@ry@
      Couldn't agree more. Cisco is one of the shittiest in tech world. Though I have 300k tc with 4 yoe..I hope that wipes grin of your face.
      Jun 6
  • Glassdoor nyb123
    I got offered 80k at GS right out of school school back in 2005! this seems low.
    Jun 5 1
    • Qualtrics / Ops
      Shhh112345

      Qualtrics Ops

      PRE
      Goldman Sachs, BNY Mellon
      Shhh112345more
      GS was the Wild West in 2005. You cant compare salaries then to now
      Jun 6
  • New / Eng DEV_ENV
    It's more than you are worth given you don't know the difference between 80K and 80000K.
    Jun 5 0
  • Amazon LAxL08
    Yeah 80k is low balled. New grads easily get 130k nowadays
    Jun 6 2
    • Google outtawater
      That would be ridiculous for new grads non-MBA. Go on glassdoor or any other site with data and that figure is quite a bit off
      Jun 6
    • Amazon LAxL08
      Definitely not ridiculous for new grads with BA/BS in CS in the Bay Area 😛
      Jun 6
  • Google / Eng Neopets😍
    Morgan Stanley is trash. So are banks. They don’t value tech enough - Id just take it and hop somewhere if that’s what you need, otherwise go somewhere else ASAP.
    Jun 6 1
    • First Republic Nadu
      Yeah because the news on google abuse culture and lawsuits lately has been so great huh. LOL...
      Jun 9
  • Tesla LjKt12
    That is a good salary for anywhere in Morgan Stanley outside of the eat coast. Morgan rarely pays more than that to associates. Don't believe them when they tell you you'll be eligible for bonuses.
    Jun 5 0
  • Microsoft / R&D AFuX02
    Heard of something called Glassdoor?
    Jun 5 0
  • Microsoft Spankher
    The fact that the op screwed up 80k and 80000k should be indicative of what MS offered him.
    Jun 6 2
    • Amazon MsSanchez
      Simple mistake. Why the hate?
      Jun 6
    • Uber didify
      Agree, joke is fine... This too salty
      Jun 6
  • Uber didify
    80,000K! That's a lot of money! Will you be the CEO or something?
    Jun 5 0
  • Cornerstone SCkO13
    If it's doing what you want and meets your needs it's a great offer. Dobt overthink an opportunity to learn and grow.
    Jun 5 0
  • Salesforce t00r
    Wow 80,000k is a lot. You are a 0.001% ER. Don't complain
    Jun 5 0
  • Amazon / Eng charlesk
    They are low balling you. I'm assuming this is in NYC downtown ? You can do much better
    Jun 5 0
  • Oath Ojqt16
    80k is way more than you are worth. Take it and hide.
    Jun 7 1
    • First Republic Nadu
      LOL!
      Jun 9
  • Morgan Stanley mcSa53
    Quite low, what's the location? Last year new grads received 110k + 15 k joining bonus.
    Jun 5 0
  • Goldman Sachs / Other not Lloyd
    agreed. it’s fair
    Jun 5 1
  • Yelp
    prickly

    Yelp

    PRE
    Google
    pricklymore
    Too low Tc. Don’t go
    Jun 6 0
  • Oracle / IT
    l00tb0x

    Oracle IT

    PRE
    Ericsson, National Instruments
    l00tb0xmore
    Associate means you're an employee, not a partner. Give us your job code.
    Jun 5 0
  • Uber opi
    Wtf. Don't say sorry. Lucky you!
    Jun 5 0
  • Morgan Stanley / Other xxxyyxxx
    What’s the currency, location, experience, etc.

    We need more info from you buddy.
    Jun 5 0
  • RBC Capital Markets
    NY90

    RBC Capital Markets

    BIO
    Finance, Capital Markets
    NY90more
    What’s the role? IBD? Operations? Maybe I missed it. But just telling us a title without the group or role is useless.
    Jun 5 0
  • Crew aXFh35
    Always negotiate!
    Jun 5 0
  • Morgan Stanley
    summer_gen

    Morgan Stanley

    PRE
    Microsoft
    summer_genmore
    Is this for swe?
    What's the location and what's yoe?

    Upd.
    Want experience? Join unicorn startup or tech company
    Jun 5 0
  • Dropbox fixer17
    Are you a new grad? If not what was your previous tc? What is your other competing offers? If you don't have any, use this to get your foot in the door to the next onsite asap. And come back with counter offers.
    Jun 4 0
  • Chase / IT polybay
    JP gave me 85k for 2 years experience in Texas.
    Jun 5 1
    • Google / Eng Neopets😍
      I’m sorry for your loss
      Jun 6
  • New aias
    80k? Must not be front office - they have to be at 120k new grad base now
    Jun 7 0
  • Wells Fargo / IT
    kioF84

    Wells Fargo IT

    BIO
    Technology architect specializing in data, applications, business and security.
    kioF84more
    Location, location, location. NYC, San Fran, LA, you will be on food stamps. Check cost of living indicators, Glassdoor etc. if they are bullying you to accept this week or else, then accept but keep looking anyway. You can always ghost after accepting. Lol.
    Jun 6 0
  • Flagged by the community.

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