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The global financial services firm helps staff achieve their dreams at a number of levels. For example, following Morgan Stanley’s sponsorship with the Old Vic, employees got the chance to swap the trading floor for the stage to put on a play.
Making thousands of staff feel involved is quite a challenge for a large company, so initiatives such as this go a long way to helping employees feel like gold-card clients. Benefits include an on-site gym, beautician and occupational health adviser. Staff also get private healthcare cover for themselves and their family. Quiz nights, summer drinks parties and fundraising events give employees a chance to let off steam with colleagues.
A content workforce, 84% of whom earn more than £35,000, repays the firm with loyalty, support and commitment. More than a third have been on the payroll for at least five years while one in 10 has been there for at least a decade.
Correspondingly, the 82% positive score for belief in the principles of the organisation is the fourth highest among the big companies and the 81% score for recommending Morgan Stanley to others as a workplace is the best.
The firm runs Open initiatives to encourage honest communication, and hour-long employee breakfasts or lunches with its senior management team, and staff think the company is run on strong values and principles (76%).
Communication is key to a large company such as Morgan Stanley, which is using 21st-century technology to bring its 53,000-plus worldwide workforce together. Webcasts enable staff to access global meetings in real time, making senior management, including those based in New York, highly visible.
One thousand employees did charitable work in office hours last year, and all the workforce have the right to request flexible working arrangements and can take advantage of generous maternity and paternity policies.
Staff say they are proud to work for the organisation (80%) and some go even further and say they love working at Morgan Stanley (70%). Employees also say say that their job is good for their own personal growth, the 77% score being the third highest.
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