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Morgan Stanley to defer bonuses for top earners

Deferral applies to employees making more than $350,000, taking at least $50,000 bonus over a 3-year period
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First Published: Tue, Jan 15 2013. 10 21 PM IST
The Morgan Stanley building at Times Square in New York. Photo: AFP
The Morgan Stanley building at Times Square in New York. Photo: AFP
New York: Morgan Stanley is deferring 100% of bonuses for top-earning employees, according to three people familiar with the situation.
The deferral applies to all employees, except for financial advisers, making more than $350,000 and whose bonuses are at least $50,000 over a three-year period, one of these people said.
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First Published: Tue, Jan 15 2013. 10 21 PM IST
More Topics: Morgan Stanley | Bonus | Employees |
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