Invested at Work

What's the most important asset a company has? Its people, according to Pete Stavros, Co-Head of Global Private Equity at KKR and Founder of Ownership Works. Pete knows that helping companies reach their full potential starts with an engaged workforce, and an ownership culture can be a big driver of that. In this candid conversation with host Rodney Bolden, Pete shares stories of how his father's career as a construction worker impacts his own work today and his focus on building a better model of employee ownership. Visit MorganStanley.com/atwork for more insights on workplace financial benefits. Visit OwnershipWorks.org to learn more about Pete's nonprofit work with Ownership Works. Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our engineer is Alejandro Ramirez and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions.This material has been prepared for educational purposes only. The examples presented are provided for illustrative purposes only.Morgan Stanley at Work services are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.The guest speakers are neither employees of nor affiliated with Morgan Stanley Smith Barney LLC, otherwise known as Morgan Stanley. The opinions expressed by our external guests are solely their own and do not represent the views of Morgan Stanley.KKR and Ownership Works are not affiliated with Morgan Stanley and this material should not be treated as an endorsement of their products and services.© 2024 Morgan Stanley Smith Barney LLC. Member SIPC.

In part two of our Equity Story Hour series, recorded live at our annual Thrive Conference, equity plan managers share the real stories that have shaped their approach to managing equity compensation programs. Listen in for best practices that you can use in your own organization to help support your employees—inside and outside of work.Visit MorganStanley.com/atwork for more insights on workplace financial benefits. Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our engineer is Alejandro Ramirez and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions.This material has been prepared for educational purposes only.Morgan Stanley at Work services are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.The guest speakers are neither employees of nor affiliated with Morgan Stanley Smith Barney LLC, otherwise known as Morgan Stanley. The opinions expressed by our external guests are solely their own and do not represent the views of Morgan Stanley.© 2024 Morgan Stanley Smith Barney LLC. Member SIPC.CRC 3792562 09/2024

When employees realize the value of their equity compensation, it can be life-changing—for both themselves and their families.On this special episode of Invested at Work, recorded live at this year's Thrive Conference, you'll hear inspiring stories from several equity plan managers of how they were able to help employees use their company stock to fund their financial goals, including some employees who didn't know they had these awards in the first place. Visit MorganStanley.com/atwork for more insights on workplace financial benefits. Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce and TJ Bonaventura. Our engineer is Alejandro Ramirez and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions.This material has been prepared for educational purposes only.Morgan Stanley at Work services are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.The guest speakers are neither employees of nor affiliated with Morgan Stanley Smith Barney LLC, otherwise known as Morgan Stanley. The opinions expressed by our external guests are solely their own and do not represent the views of Morgan Stanley.© 2024 Morgan Stanley Smith Barney LLC. Member SIPC. CRC 3756766 08/2024

How can you build an equity compensation plan that is easy to understand, empowers your workforce on the path to their goals and supports them throughout their employee life cycle? With over 20 years of experience working on equity plans, including a stint at the National Association of Stock Plan Professionals, Robyn Shutak of Infinite Equity has spent her career helping employers do just that. Robyn joins the Invested at Work podcast to discuss how to build a compelling equity compensation program and the importance of clear and proactive education to get that program in front of employees. Visit MorganStanley.com/atwork for more insights on workplace financial benefits. Visit InfiniteEquity.com to check out Robyn's work at Infinite Equity.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce and TJ Bonaventura. Our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions.This material has been prepared for educational purposes only.Morgan Stanley at Work services are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.The guest speakers are neither employees of nor affiliated with Morgan Stanley Smith Barney LLC, otherwise known as Morgan Stanley. The opinions expressed by our external guests are solely their own and do not represent the views of Morgan Stanley.© 2024 Morgan Stanley Smith Barney LLC. Member SIPC.

With more than two decades of experience helping lead private companies to exits, Teri McFadden of Norwest Venture Partners has her pulse on the latest private market trends.Teri sits down with our host Rodney Bolden, Executive Director, Head of Industry Engagement and Learning for Morgan Stanley at Work, to help paint a picture of the current landscape and how employers can effectively manage their staff along the path to liquidity, including some creative levers they can pull to navigate extended exit horizons, what they might be overlooking when preparing for an IPO and more. Visit MorganStanley.com/atwork for more insights on workplace financial benefits. Visit NVP.com to check out Teri's work at Norwest Venture Partners.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce and TJ Bonaventura. Our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions.This material has been prepared for educational purposes only.Morgan Stanley at Work services are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.© 2024 Morgan Stanley Smith Barney LLC. Member SIPC.CRC 3599800 07/2024

We're back with Season 2!We learned so much from our Morgan Stanley at Work team on the first season of our podcast, and now, we're excited to bring outside experts to help deepen our understanding of the employee benefits landscape.This season, I'll be joined by HR experts and corporate executives to dive deeper into trending industry topics, like the role of technology in the workplace and how equity compensation can create major positive changes in the lives of your employees.So, tune in to Season 2 of the Morgan Stanley at Work Invested at Work podcast because together, we're building a better workplace for everyone.

From the importance of DEI to the perceived value of equity compensation and everything in between, our Invested at Work guests have provided so many insights into the workplace benefits landscape. The one constant of these conversations has been our host, Executive Director, Head of Industry Engagement and Learning at Morgan Stanley at Work, Rodney Bolden. For our final episode of the year, Rodney takes a look back at some of the most important themes and conversations of 2023 and the key learning points that you can take with you for the year to come.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

Whether they're maintaining a budget, saving for retirement or preparing for major life events, you want your employees to feel supported in order to succeed. Personalized financial education programs can do just that. Jon Stinson, Executive Director, Morgan Stanley at Work Participant Experience Center of Excellence, explains how to provide your employees with targeted support in the moments that matter to them.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

Stephanie Glashow, Chief Marketing Officer of Morgan Stanley at Work, has spent countless hours over her career supporting employees through the open enrollment process. Now, she gives us her most important takeaways on how to effectively communicate with your workforce so they can feel confident when making benefits decisions. Together, we explore strategies for clear communication before, during and after open enrollment that can help employees feel more supported.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

A merger, acquisition or spinoff can be an exciting prospect for a growing business. But between new team members, policy updates, and benefits changes, it can also feel daunting to the employees affected by this major change. Kate Winget, Morgan Stanley at Work Chief Revenue Officer, offers her keys to success for getting employees to embrace change and adapt to your company's next phase.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

Private companies are choosing to stay private for longer. According to Kevin Swan, Head of Private Market Ecosystem for Morgan Stanley at Work, if an IPO isn't on the horizon, employers need to create more liquidity options for their employees. One of the best ways to do this is through a private market liquidity event. Hear Kevin's tips for leading employees through this process: from demonstrating transaction readiness through optionality, to communicating the benefits along the way and more.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

Did you know that for the first time ever, there are five generations of employees in the workforce? This range of demographics means your employees may have vastly different views on retirement. Managing Director for Morgan Stanley at Work, Tom Conlon explains how to address the multigenerational retirement needs of your employees, plus, how SECURE 2.0 may affect their retirement planning.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

The only thing constant in life is change. From changing markets to challenging times, employees are always navigating change. When times are tough, it's not just important to have strong workplace financial benefits, but to communicate them effectively as well. Cheryl Palmerini, Chief Administrative Officer for Global Human Resources for Morgan Stanley, sits down to cover how companies can provide resources to support employees during important periods of their lives, both inside and outside the workplace.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

The Diversity, Equity and Inclusion (DEI) landscape has come a long way in the past decade. Christyl Lucille Murray, Executive Director and Diversity & Inclusion Officer at Morgan Stanley, hops on this episode to help us understand the past, present and future of DEI, and how an active, responsive DEI plan is a key way to help employees meet their goals while building financial confidence.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

Equity compensation has always been a great way to align workforce and corporate incentives. Dee Crosby, Executive Director, Learning & Development at Morgan Stanley at Work, breaks down how stock plans and equity compensation can be a recipe for helping employees feel valued, while also providing them with the right incentives for long-term employment.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

In his 35+ years as an HR leader, Morgan Stanley Senior Advisor Jeff Brodsky has seen his fair share of economic uncertainty. For the inaugural episode of Invested at Work, Jeff lends his insights on how to provide employees with flexibility, stability, and the support they need when times are tough. From a global pandemic to economic recession, learn how effective communication and strong leadership can help employees when they need it most.Visit MorganStanley.com/atwork for more insights on workplace financial benefits.Invested at Work is brought to you by Morgan Stanley at Work, produced by StudioPod Media. Our executive producers are Fiona Kelsey, Lisa Boyce, and TJ Bonaventura. Our producer is Clarissa Marks, our engineer is Alejandro Ramirez, and our writer is Dan Pelberg.Not all products and services are available in all jurisdictions. This material has been prepared for educational purposes only. Morgan Stanley Smith Barney, LLC, and its financial advisors and private Wealth advisors do not provide any tax or legal advice. Consult your own tax or legal advisor before making any tax or legal related investment decisions. Morgan Stanley at Work Services are provided by Morgan Stanley Smith Barney, LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.