J.P. Morgan

www.jpmorganchase.com

J.P. Morgan Reviews

Updated January 22, 2015
Updated January 22, 2015
4,618 Reviews
3.5
4,618 Reviews
Rating Trends

Recommend to a friend
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J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
1,507 Ratings

Review Highlights

Pros
  • They actually hold women's meetings to talk about how to achieve work life balance (in 243 reviews)

  • Lots of great benefits such as a Pension, 5% matching contribution up to (in 207 reviews)


Cons
  • Work-life balance can be challenging in a non stop fast pace working environment (in 262 reviews)

  • Could be a lot of long hours if there is a new implementation or client (in 197 reviews)

More Highlights

590 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Inconsistent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Licensed Personal Banker in Dallas, TX
    Former Employee - Licensed Personal Banker in Dallas, TX

    I worked at J.P. Morgan

    Pros

    Co-workers, training was good and the mentors in training.

    Cons

    Changed compensation plan that leads to high turn over.

    Advice to ManagementAdvice

    Focus on quality more.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Mediocre place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at J.P. Morgan full-time (more than an year)

    Pros

    None really. Good resume booster for those who need it.

    Cons

    Poor work life balance
    Culture is mediocre
    Under appreciated in technology.
    Lots of empty promises.
    Compensation in tech is a joke, I've seen better numbers at places with less revenue. No pay raise, and bonus was an insult.
    Do your time and get out.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Very disorganized

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Mortgage Banker in Seattle, WA
    Current Employee - Mortgage Banker in Seattle, WA

    I have been working at J.P. Morgan full-time (more than 5 years)

    Pros

    You can still make 10k to 15k in a given month. Very flexible work schedule in the branches.

    Cons

    Processing basically does nothing. You have to process every loan yourself. If you enjoy working with people you won't like this job. Your branch will only have 3-4 people in it.

    Advice to ManagementAdvice

    Hire more lending managers so they can help more.

    Doesn't Recommend
    Negative Outlook
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  5.  

    N/A

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Service Associate in Tampa, FL
    Current Employee - Client Service Associate in Tampa, FL

    I have been working at J.P. Morgan

    Pros

    Work Life Balance is a plus

    Cons

    Salary and Bonus structure Below Average

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Great place for experience, but need to jump ship to make the real money.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Columbus, OH
    Current Employee - Business Analyst in Columbus, OH

    I have been working at J.P. Morgan full-time (more than 8 years)

    Pros

    Bountiful amount of vacation, sick, personal and holiday time. You almost get too many days off if there is such a thing. Diverse environment and people, Chase is a melting pot for many, many cultures. Certain departments will really take care of you in terms of raises and bonuses, however not all departments are that giving. Chase also utilizes the latest technology which maximizes efficiency in the office.

    Cons

    While Chase does have many notable upsides, their shortcomings unfortunately take the spotlight. Their toxic politics and unfair business practice make it a stressful place to work. They would rather you quit and get more money from another company, and then match you a year later if you came back, rather than just give you a good raise that you deserve. That is sad. I started with the firm almost 8 years ago and I took home more money on my 1st day than what I make now. They took wind that as an hourly employee, I made too much money in overtime. I was then 'promoted' to a salary position which was pretty much my base salary, minus all of the OT. I made 16k in OT one year, so imagine the significant pay cut I endured. I then 'promoted' several other times as a lateral move and received no additional compensation other than a yearly 1% merit increase. I finally did receive 1 raise as a result of a promotion, but out of 5 promotions they still fell very short of what's fair. My work kept piling up, and then was approached about training to be a code programmer and taking on the job. This is a very complex job and Chase paid quite a bit of money to train me and also promised a raise. I did the job for over a year and had to apply within the company for another position just to actually get a raise and job title change. The new job offer was not very good and I do not recommend working here if you do not already make a lot of money.

    Advice to ManagementAdvice

    You should not promote a place that encourages you to find another job within another company, rather than just fairly compensate your employee. Chase is very stingy with salary and negotiation, they should actually calculate geographical averages rather than utilize the completely senseless means of calculating this number now.

    Doesn't Recommend
    Negative Outlook
  7.  

    Everyone is unhappy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at J.P. Morgan

    Pros

    Nothing great about this company

    Cons

    Senior managers don't care about personal development. Salary is well below the market value.

    Advice to ManagementAdvice

    Please learn how to retain your talents. Ironically, recent article from JPM was about how all the companies found it extremely hard to retain good people nowadays but in reality, they can careless.

  8.  

    Great benefits. But not progressive. Actions do not follow their mission statement.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Attorney in Chicago, IL
    Former Employee - Attorney in Chicago, IL

    I worked at J.P. Morgan

    Pros

    Great benefits and a nice team

    Cons

    Lack of communication, follow through, inefficient processes, too much red tape and bureaucracy

    Advice to ManagementAdvice

    Need better communication

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Pays well, but you can do better atmosphere-wise.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Systems Support Engineer in Newark, DE
    Former Employee - Systems Support Engineer in Newark, DE

    I worked at J.P. Morgan as an intern (less than an year)

    Pros

    Pays reasonably well for new grads.

    Cons

    The atmosphere in the office is terrible. Everything is tan and people really don't seem to enjoy working there.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Very high pressure.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Licensed Relationship Banker in Lexington-Fayette, KY
    Former Employee - Licensed Relationship Banker in Lexington-Fayette, KY

    I worked at J.P. Morgan full-time (less than an year)

    Pros

    The company provides industry leading products. It is easy to provide customers multiple access points from which they can manage their finances.

    Cons

    The management is under such pressure to increase sales and market share that they often resort to ethically "grey" areas to make sales and meet their sales goals. Customers are told they are required to take products that are optional. There is no long term relationship perspective towards customers.

    Advice to ManagementAdvice

    None....They have an established history of ignoring wisdom.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Frustrating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Analyst in Columbus, OH
    Current Employee - Senior Business Analyst in Columbus, OH

    I have been working at J.P. Morgan

    Pros

    Excellent benefits for employees in terms of Paid Time Off (4 weeks vacation, 9 Federal holidays, 3 Personal days, and 6 sick days), Maternity - Paternity leave ( Moms get 12 weeks paid maternity leave, Dads get 1 week at the time of birth).

    Cons

    Too much politics inside the company. Internal job postings are plenty but you cannot even apply for them unless you inform your manager that you're looking. You getting or not getting the job completely depends on your current manager's feedback. Year end bonus and pay raises completely depends on your rating by your manager. The rating is finalized before you get to know. There is no discussion regarding the rating. Its more the management telling you the rating. If you're 'in the circle' then life's good.

    Advice to ManagementAdvice

    Too many acronyms, too many systems that don't talk to each other, and too much politics.

    Recommends
    Positive Outlook
    No opinion of CEO

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