Family Care Resources

2023 Plan Information

Bright Horizons Family Support Days Intro

At Morgan Stanley, family matters. Put your Bright Horizons family support days to use when your family needs backup child or adult care, tutoring or daytime enrichment programming.

Elder caregiving comes with countless decisions. Elder Care Coaches ensure employees don’t have to make them alone. Care Coaches, a central feature of Bright Horizons Elder Care, are personal guides through the caregiving journey. And they provide a compassionate and expert voice to make sense of volumes of information, inform decision making and take the guesswork out of their elder caregiving experience.

Care Coaches tailor support to each situation, working one-on-one, at no charge. And each is assigned for the entire duration of the care experience, ensuring continuity at each stage, and providing personalized answers for every complicated step including:

  • Care plan creation
  • Requesting, understanding, and filling out important documents
  • Medical requirements
  • Legal and financial decisions
  • Advocating for elder and family needs on specialist calls
  • Coordinating in-home assessments
  • Identifying local services

Also see: Backup in-home adult care | Medical second opinions | Legal plan | Caregiver leave

Child Care Centers and In-Home Options

When your regular child care arrangements fall through, take advantage of these programs, managed by Bright Horizons, which give you access to a national network of child care centers and in-home caregivers.

BACKUP CHILD CARE CENTERS

  • To arrange for care at a local center in the Bright Horizons network, visit Bright Horizons’ website (login information below) or use the mobile app.
  • The cost to you is $20 per day for one child, or $35 per day for two or more children.* The Firm subsidizes this amount.
  • You are eligible for up to 40 days of care each year to use (includes child and/or adult care).
  • You may reserve a space up to 60 days in advance.
  • Most centers accommodate children aged 6 weeks to 12 years. The age range varies by state, so check with the care center you intend to use.

IN-HOME BACKUP CHILD CARE

As an alternative to dropping off your child at a Bright Horizons daycare center when your regular care arrangements fall through, you can arrange for a caregiver to come to your home. Pre-registration required.

  • The cost for in-home care is $8 an hour,* with a 4-hour minimum and a 10-hour maximum each day. The Firm subsidizes the cost of care. Note: You can also arrange for a caregiver for an adult. Learn more.
  • If Bright Horizons cannot find an in-home caregiver in its network, you may arrange for “out-of-network” care yourself by a family member, neighbor, friend, regular babysitter, etc. — and be reimbursed $100 a day by Bright Horizons to cover that cost. You are responsible for all other costs associated with care beyond the $100 per diem.

*Note: Employees will see imputed income of $75 per child or adult per day of care on their last paycheck of the calendar year.
* * * * * * * * *

TOP REASONS FOR USING BACKUP CHILD CARE

  • You need a break from balancing your work and managing your child’s at-home schooling.
  • You have a new child (congratulations!) and need care while you transition back to a normal work schedule.
  • Your child’s school or child care center is closed for a break, teacher in-service day or inclement weather.
  • Your stay-at-home spouse is called in for jury duty or has an appointment.
  • You’re in-between child care arrangements.
  • Anytime your regular day care provider is temporarily unavailable.

College admissions is competitive. College Coach can provide an advantage.

Morgan Stanley partners with College Coach, the nation’s leading provider of educational consulting services, to help parents and their children navigate the college application process. College Coach experts can assist at every step of the way – from helping you understand the true cost of college and financial aid options to reviewing your child’s college essays and preparing for admissions interviews.

College Coach offers, at no cost, regular free webinars, as well as one-on-one counseling and a virtual learning center, to help families save for, select, apply to and finance college. Programs are geared for parents and their children of all ages, from kindergarten to middle school through high school.

WHO ARE THE COLLEGE COACHES?
Coaches are former senior admissions and financial aid officers who draw on their experience working for some of the nation’s leading colleges.

SERVICES

  • Personalized college list
  • Comprehensive essay and college application assistance
  • Organizational and timeline plan
  • Interview preparation
  • Recommendation strategies
  • High school academic and extracurricular planning
  • Scholarship search strategy
  • Tuition payment planning
  • Financial aid form explanation
  • Award negotiation approaches

SET YOUR CHILD UP FOR COLLEGE ADMISSIONS SUCCESS
In addition to your standard benefit that Morgan Stanley provides at no cost to you, employees have access to purchase the College Coach Retail Program, providing your family with unparalleled access to former admissions officers from highly selective schools. With more than 90% of College Coach graduates gaining admission to one of their top-choice schools, one-on-one coaching sessions will ensure your child’s best chance at success.

DID YOU KNOW?
Revolution Prep, in partnership with College Coach, is offering Morgan Stanley families a 20% discount on school, test prep and general organization programs. LEARN MORE

Revolution Prep is not a Morgan Stanley employee benefit plan. Click here for important information about this Employee Offer.

 

Discounted Day Care

For today’s working parents, access to high-quality, affordable child care is more than a perk — it’s essential. Discounted day care centers offer programs through a network of schools designed to meet every parent’s needs. Morgan Stanley employees receive a 10% discount off tuition at participating schools.

Cultural Care Au Pairs

Morgan Stanley employees receive a one-time $500 discount on trusted, flexible, live-in child care with a unique international perspective.