Associate H-1B salary at Morgan Stanley — 824 certified filings (FY2016–FY2026)
- 82
- Filings · FY2025
- $175k
- Median base · FY2025
- $175k–$200k
- Middle 50% · FY2025
- +24%
- vs market median · all years
Morgan Stanley filed 82 certified H-1B LCAs for Associate in FY2025, with a median base salary of $175k and the middle 50% of offers between $175k and $200k. Across all years its $150k median is 24% above the $121k market median for Associate. It has filed 824 Associate LCAs since FY2016, most often in New York, NY.
How much does Morgan Stanley pay a Associate?
Certified base salary for Associate at Morgan Stanley by fiscal year: each box is the p25–p75 range, the heavy line the median, the whiskers reach p10–p90. $175k median in FY2025. Base pay only — hover a year for its figures.
Does Morgan Stanley pay Associates above the market?
Morgan Stanley's all-years median against every employer's certified Associate LCAs — 24% above the market. Same cleaned DOL title, same base-salary definition, so the two rows compare like for like.
| Base salary for this title | Filings | Median |
|---|---|---|
| Morgan Stanley | 824 | $150k |
| All employers · Associate | 27,581 | $121k |
How has Morgan Stanley's Associate hiring changed by year?
33 certified Associate filings in FY2016 → 126 in FY2026. The change column is each year against the one before.
| Fiscal year | Filings | vs prior FY | Median base |
|---|---|---|---|
| FY2026 | 126 | +54% | $175k |
| FY2025 | 82 | −4% | $175k |
| FY2024 | 85 | +31% | $175k |
| FY2023 | 65 | +23% | $175k |
| FY2022 | 53 | −32% | $175k |
| FY2021 | 78 | −7% | $150k |
| FY2020 | 84 | −13% | $150k |
| FY2019 | 97 | +26% | $140k |
| FY2018 | 77 | +75% | $140k |
| FY2017 | 44 | +33% | $130k |
| FY2016 | 33 | — | $105k |
Which wage levels does Morgan Stanley file for Associate?
DOL prevailing-wage levels I–IV approximate experience tiers (I = entry, IV = fully competent). 7% of Morgan Stanley's Associate filings sit at Level III–IV. Higher levels earn more entries in the wage-weighted H-1B lottery.
Share of 769 Associate filings with a wage level · all years
- Level I3.0%23
- Level II89.6%689
- Level III6.0%46
- Level IV1.4%11
Where does Morgan Stanley hire H-1B Associates?
Worksite states and cities on the certified filings for this title, all years, with the median base salary at each.
| State | Filings | Median base |
|---|---|---|
| New York | 760 | $150k |
| California | 53 | $175k |
| Maryland | 5 | $63k |
| Texas | 5 | $125k |
| Ohio | 1 | $55k |
| City | Filings | Median base |
|---|---|---|
| New York, NY | 757 | $150k |
| Menlo Park, CA | 32 | $175k |
| San Francisco, CA | 19 | $175k |
| Baltimore, MD | 5 | $63k |
| Houston, TX | 5 | $125k |
| Los Angeles, CA | 2 | $150k |
| Purchase, NY | 2 | $90k |
| Brooklyn, NY | 1 | $140k |
Also filed as
Morgan Stanley's other sponsored titles, and the employers that file the most Associate LCAs. All years.
Other titles at Morgan Stanley
| Job title | Filings | Median base |
|---|---|---|
| Vice President | 530 | $200k |
| Analyst | 248 | $90k |
| Executive Director | 132 | $275k |
Top Associate sponsors
| Employer | Filings | Median base |
|---|---|---|
| Goldman Sachs | 2,630 | $125k |
| Morgan Stanley Services Group | 2,297 | $125k |
| Blackrock Financial Management | 1,841 | $101k |
| KPMG LLP | 1,396 | $60k |
| Goldman Sachs Services | 1,283 | $120k |
| Goldman Sachs Bank USA | 575 | $120k |
| JPMorgan Chase | 506 | $122k |
| Pricewaterhousecoopers Advisory Services | 480 | $95k |
| Bofa Securities | 412 | $160k |
Common questions about Associate H-1B pay at Morgan Stanley
- How much does Morgan Stanley pay a Associate on an H-1B?
- Morgan Stanley's median certified H-1B base salary for Associate is $175k in FY2025, from 82 filings; the middle 50% of offers fall between $175k and $200k. Across all years the median is $150k.
- How many Associate H-1B LCAs has Morgan Stanley filed?
- Morgan Stanley has 824 certified H-1B Labor Condition Applications for Associate on record (FY2016–FY2026), 126 of them in FY2026. That is 46% of its 1,791 certified filings across all titles.
- Does Morgan Stanley pay Associates above the market?
- Morgan Stanley's all-years median of $150k is 24% above the $121k median for Associate across all H-1B employers (27,581 certified filings).
- Where does Morgan Stanley hire H-1B Associates?
- Morgan Stanley's Associate LCAs name worksites mostly in New York, California, Maryland; the top cities are New York, NY, Menlo Park, CA, San Francisco, CA.
- Does a certified LCA mean an H-1B visa was approved?
- No. A Labor Condition Application (LCA) is the Department of Labor attestation an employer must have certified before filing an H-1B petition with USCIS. It records the job, worksite and offered wage, but not whether the petition was filed, selected in the lottery, or approved. Filing counts measure intent to sponsor, not headcount.
- What salary do these figures show?
- The base annual wage offered on the certified LCA, converted to a yearly amount. Bonus, equity, overtime and benefits are not included, so total compensation is typically higher. Figures are medians and percentiles over certified filings; wages above $5,000,000 a year are excluded as data-entry errors.
- What do prevailing-wage levels I–IV mean?
- The Department of Labor assigns each LCA an OES wage level from I (entry) to IV (fully competent) for the occupation and area. Under the FY2027 wage-weighted H-1B lottery rule, a higher level earns more selection entries, so an employer's level mix is a proxy for how senior its sponsored roles are.
Keep exploring
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Source: U.S. Department of Labor, Office of Foreign Labor Certification — certified LCA disclosure data through June 2026 (FY2016–FY2026). An LCA is not an approved visa; pay figures are base salary and exclude bonus and equity. Methodology →