The benefit adds to Gorman’s promise earlier this year not to cut the workforce in 2020 because of the pandemic. Additional benefits at the Platinum tier include greater ID protection and a $550 "engagement bonus" if you have a Platinum American Express card from Morgan Stanley. The Platinum CashPlus account is fee-free if you maintain $5,000 in total monthly deposits AND a $25,000 average daily cash balance. Refer to https://www.fdic.gov for additional details. More value and protection in one cash management account. Bonuses posted anonymously by Morgan Stanley employees. American Express may share information about your Card Account with Morgan Stanley in support of Morgan Stanley programs and services. Certain Morgan Stanley Debit Cardholders may also qualify 8. Transactions typically occur within minutes. Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. Structured bonus programs reached record-high funding levels this year and are projected to do the same in 2020, says Ken Abosch, an employee rewards consulting leader at Aon, a global consulting firm. $2,500 monthly deposit (or Social Security deposit in any amount) For more information, please refer to the CashPlus Account Disclosure Statement. Federal Deposit Insurance Corporation (“FDIC”) — Cash balances swept into deposit accounts at participating banks in the Bank Deposit Program are protected by FDIC Insurance up to applicable FDIC limits. See the Send Money with Zelle® terms for details. Losses due to market fluctuation are not protected by SIPC. Subject to device connectivity. SIPC AND FDIC COVERAGE UP TO APPLICABLE LIMITS[4]. Morgan Stanley declined to comment. 4 You may be eligible to receive the Annual Engagement Bonus if you are the cardholder of one or more Morgan Stanley Debit Card(s) with your aggregate Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services. The third-party trademarks and service marks contained herein are the property of their respective owners. Morgan Stanley Investment Management pays an average of $13,338 in annual employee bonuses. This Cash Plus account has two tiers, Premier and Platinum. Bonus pay at Morgan Stanley ranges from $3,000 to $59,820 annually among employees who report receiving a bonus. 1 A monthly account fee will be charged but can be avoided if you met certain criteria. Clients should speak with their tax advisor regarding the potential tax implications of the Rewards Program upon their specific circumstances. The catch is that you must have more than $1 million invested with Morgan Stanley in order … Measure, improve and recognise employee engagement with Best Companies Measure, improve and recognise employee engagement with Best Companies About There’s possibly a $550 engagement bonus if … Get a $550 Annual Engagement Bonus Platinum CashPlus clients can get a $550 Annual Engagement Bonus if they have The Platinum Card® from American Express Exclusively for Morgan Stanley. Investments and services offered through Morgan Stanley Smith Barney LLC, Member SIPC. American Express may cancel your Card Account and participation in this program, if you do not maintain an eligible account. We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions. We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology. Find a Financial Advisor near you. Conditions and restrictions apply. Check the background of Our Firm and Investment Professionals on FINRA's Broker/Check. Certain Morgan Stanley Debit Cardholders may also qualify, Cash access from banks or tellers that accept Mastercard, No foreign transaction fees and no cash advance fees, Complimentary Identity and Credit Protection from Experian, SIPC and FDIC coverage up to applicable limits, Monthly Account Fee Avoidance Criteria (see additional criteria), Monthly Account Fees