J.P. Morgan Reviews

Updated September 19, 2014
Updated September 19, 2014
3,937 Reviews
3.5
3,937 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
1,111 Ratings

Review Highlights

Pros
  • Work/Life balance - Not just banker hours, but also a supportive management group (in 189 reviews)

  • Great benefits and always tried to improve the work environment for there employees (in 162 reviews)


Cons
  • Work-life balance may be sacrificed due pending on business priorities (in 203 reviews)

  • Long hours, Projects were not always tested to the fullest before implementation (in 165 reviews)

More Highlights

1,152 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good Company… Normal Politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Risk Management  in  Newark, DE
    Current Employee - IT Risk Management in Newark, DE

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

    Pros

    JPMC is a good company overall. There is a diverse workplace, flexible wok schedules, lots of opportunity to expand your knowledge base and definitely great people. JPMC is one of the leading financial institutions in this industry and it is an absolute must that whoever works for JPMC have the standards and excellence that company expects.

    Cons

    Unfortunately, JPMC can be a "Dog Eat Dog" environment. There is the usual bureaucratic atmosphere, corporate politics and "who you know" culture. However, I feel that is anywhere you go really.

    Advice to ManagementAdvice

    My advice would be to take "Talent Mobility" more serious. There are so many opportunities within the company. There is always someone to fill the need and someone who can excel at the opportunity. I've seen plenty of good people past up for positions because someone else made friends and negotiated something in the background. Lastly, be open to take more risk on accepting change.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Very good and there are colleagues always to look for learning.

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

    I have been working at J.P. Morgan full-time

    Pros

    You will meet people from different back grounds. There is always some thing toward from others be it technical or business.

    Cons

    Too much of politics some times. It starts with middle level management all the way up. But yes as long as you do what your role expects to do you are okay. Bonus is very bad.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Wealth Management

    • 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 full-time

    Pros

    Work very closely with a team of highly talented individuals.

    Cons

    Our support group and system capabilities could be better.

    Advice to ManagementAdvice

    Allow employees to grow within the company.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Decent place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  Jersey City, NJ
    Current Employee - Vice President in Jersey City, NJ

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

    Pros

    Investment in IT is great.
    Compensation is good.

    Cons

    Training of existing employees is given short shrift.
    Processes change often, and not always positively, without good notification.
    Existing employees not given any extra consideration in searching for new opportunities.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Ok for a time

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at J.P. Morgan

    Pros

    Good benefits and many learning opportunities.

    Cons

    Changing management on a yearly basis

  7.  

    Compliance Analyst -

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

    I have been working at J.P. Morgan as a contractor for less than a year

    Pros

    A learning experience. Employees are provided the training to do their jobs and empolyees are willing to help one another.

    Cons

    Because of the reorganization, changes occur from hour to hour and management has pressures to meet goals often overloading or setting excessly high metrics for the employee to meet which makes this a very strenuous job and opens the employee to putting their job on the line.

    No opinion of CEO
  8.  

    Great place to learn, but you don't get paid for learning...

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

    I have been working at J.P. Morgan for more than 5 years

    Pros

    *They let you try out new skills
    *Depending on what line of business you're in, the coaching and mentoring is great
    *Fast paced, you'll never be bored
    *They allow you to relocate
    *Good exposure to sr mgmt (if in the right position, at a major location) for jr employees
    *Great place to work for mothers

    Cons

    *Consistently low pay (no increase for learning challenging, valuable skills)
    *Notorious for offering lateral positions (you can either move up in current role, or over in another... Not upward in another function)
    *Each line runs as a silo and it can be very difficult to get traction for a position outside of your own
    *Annual review process is rigid and sometimes unfair (for instance: one year, many colleagues were out in leave and each received "Meets Expectations" as we were "expected to pick up the slack" despite working 2 jobs (and MANY hours) for 9 months
    *Raises are paltry and borderline insulting for the masses

    Advice to ManagementAdvice

    A pat on the back and a nice word from their boss is nice, but if someone stays around long enough and is a high performer, pay them. I know many colleagues who love their jobs and the banks but are grossly underpaid and are constantly looking to leave because of it. "Generous benefits packages" exist at a lot of companies.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Decent place for internship, Dallas Tx

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Applications Developer Intern  in  Dallas, TX
    Former Employee - Applications Developer Intern in Dallas, TX

    I worked at J.P. Morgan as an intern for less than a year

    Pros

    High pay for internship role, low pay for starting salary. Won't be taking offer with them as it is 10-15k less than the market for my major. Old and out dated technologies.

    Cons

    Internship is structured so that an offer is extended and must be accepted or declined before you begin your final year of college, in essence if you accept it you are being recruited before other companies can give you offers. That combined with the less than average salary makes it seem like a scam to me, they are looking to hire bright, intelligent employees, at an underpaid starting salary, before other companies can give them offers.

    Advice to ManagementAdvice

    Management was very friendly and easy to get along with, the biggest complaints were with the overarching structure of the internship, not with the individual managers I worked with. They were all nice and helpful people.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Good place to work if you don't mind a large corporate feel

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Claims Analyst  in  Lewisville, TX
    Former Employee - Claims Analyst in Lewisville, TX

    I worked at J.P. Morgan full-time for more than a year

    Pros

    The work was consistent. There's always checks to cash and applications to process. There are some good corporate perks through Chase and other various programs.

    Cons

    The company is so large there isn't really a personal touch. You're basically a number who performs various functions on numbers. But if you don't mind just showing up and doing your work it's a good job.

    Advice to ManagementAdvice

    Make sure you treat your employees with respect. Do your best to provide career and development opportunities. Take personal interest in your employees.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Changing and not for sure in which direction

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

    I have been working at J.P. Morgan full-time for more than a year

    Pros

    Great Benefits, decent pay, and a great learning experience.

    Cons

    Company is having branches run on a skeleton crew, trying to be more efficient, but creating an inefficient work environment. This has created a very unpleasant work environment and employees feel overworked.

    Recommends
    Neutral Outlook
    Approves of CEO

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