Unfortunately I won’t be getting this special one time payment, but congrats on those who will be receiving the payout on Dec 15. When other peers are laying off employees, MS promised not to AND pay off special bonus. THIS is how you show appreciation. #finance #bonus #layoffs
Is this different than year end bonus ?
Yep separate from year end bonus
Could not find any news. Whats the occasion ?
How nice of them
Really? Can Canada employee get it?
It said firmwide, so probably
Today there were chat discussions in Calgary office. Looks like we're eligible.
Waiting for other banks to follow 🤑
Agree. BofA did this with cash/RSU’s last two years. Crickets so far.
I worked at Morgan Stanley for 2 months before I left. I hated it and I had to be at the office all the time and work from home on weekends. Worthless... at least the people I worked for and with.
How big is this bonus compared to a typical year end bonus?
This bonus is probably $1000 The year end is at best around 8% Nothing fancy
Still better than nothing 👍🏼
That’s awesome to hear! Schwab did something similar and provided firmware bonus of $1k back in March. We did lay off employees though.. but more so due to recent TDA acquisition then COVID
What the typical year end bonus like for BO and MO?
2%-5% here
Y'all get year end bonuses????
How much bonus do typically first year FO Quants make at Morgan Stanley?? Just Curious??
News says it's only for S&T?
Nope. All fte making less than $150k TC