Not satisfied, only got a 17% raise in TC.
19 replies (most recent on top)
Comp is a joke at MS. HR is a mess and has no clue what they are doing. They don’t help, they only hurt the firm.
Another poster is right, a lot of other firms pay better. Especially outside the industry and there is much more transparency.
Time to start looking if you haven’t already
Got laid off end of Nov and they gave me less than 50& of my bonus as an ED. I'm also an MSWM client, totally pathetic.
MS HR has been using a practice to save money for the firm: if the street norm is 3% - 5% raise in base and 10% - 30% raise in bonus each year. MS would do the same but over 5-year period: they will raise your base by 2% in y1 and keep bonus the same, then keep your base the same but raise your bonus by 5% in year 2, then keep everything the same in Y3. then up 2% for base in Y4, up 5% in y5.
2% raise, same bonus as last year but I was "meets expects" vs "exceeds" - very confused. Someone above says it good "talent-respecting" there's so much underused/untapped talent in me and others makes me sad.
bonus 30% lower than last year. Total comp down 5%
zero bonus, 2% salary raise. those who just talk get more and more bonus. those who actually do work get no bonus.
No increase in salary and 1% drop in bonus. Backoffice ED in NY.
In Montreal bonus was 25% lower than last year, which was cr-ppy anyway, and no raise!
MS is a sinking ship. Not worth spending any minute more in this place
2% salary and 12% bonus .. disappointed .. meh
Based on these numbers given, I think it's very clear they're hoping people leave. 2% is more than an insult; it's a nudge out the door. Good luck to those crossing their fingers hoping for a lay-off/severance.
Backoffice. 2% Was told i did well and should be happy that it's not 0%.
This figure seriously makes me consider switching to another, more generous (and talent-respecting, rather than just wasting money) company. The new job offer, at the very least, provides a fixed bonus for the first year, unlike here where I toil away (with strict RTO policies) only to receive less bonus each year. Of course, on the other hand, the company can be generous at times, offering candidates an additional bonus of 20 million.
The season of Slim Pickin' (sic) is upon us.
it is just a joke
0% increase on salary
And my bonus was reflective of a title below me. Not my usual amount.
2% bump
Dissapointing