Return to Work
Challenge
Less than half of the women who leave the workforce and want to return are able to successfully do so. This program was designed to create meaningful opportunities for experienced professionals to re-enter the workplace.
Actions
Morgan Stanley's Return to Work Program is designed for experienced professional women and men who have taken a career break of 2 years or more. The program sources candidates with relevant experience who are looking to return full-time into the workforce in a career in Financial Services and places them in a 12-week internship program. Participants are placed in roles based on their skills and interests, working with colleagues, peer mentors, technology advisors, and senior leaders throughout the Firm. Following the internship program, participants have the opportunity to convert their experience into full-time employment.
Outcomes
Over 3,000 applications have been received globally with approximately 130 candidates having successfully completed the program with opportunities in divisions across the Firm. Over 60% of the participants have converted their opportunities from an internship into full-time employment. While the program is open to all genders and ethnicities, the majority of the participants in the program have been women.
Quote
At Morgan Stanley, we are committed to fostering and maintaining a culture based on core values: Putting Clients First, Leading with Exceptional Ideas, Doing the Right Thing and Giving Back. Diversity is an opportunity - for clients, employees and the Firm. By valuing diverse perspectives, we can better serve our clients while we help employees achieve their professional objectives.