J.P. Morgan

  www.jpmorganchase.com
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J.P. Morgan Reviews

Updated August 18, 2014
Updated August 18, 2014
3,760 Reviews

3.4
3,760 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
998 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

1,100 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Large company with many layers of management.

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

    Pros

    They offer quality training opportunities, as long as you are pro-active and use the resources available on their intranet. Decent annual bonuses.

    Cons

    Difficult to navigate between the different business units. While they promote mobility you really need the support of your direct manager which is not readily available and the HR department does not help. Basic benefits but they don't provide annual raises, even for cost of living increases.

    Advice to ManagementAdvice

    There is a large void between mid-management and upper management. Mid management is still aware of the actual work being completed and people involved, but have very little support from upper management. Upper management is too focused on managing up only.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    Analyst

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Solid, stable, prestigious company with good benefits

    Cons

    very political, a lot of smoke and mirrors to look good to the public, cutting pay constantly, more work, less bodies. Upper management controls all the bonus pool for themselves, helps others more than their own employees, moving jobs overseas and out of NY. Constant layoffs based on age and salary and covers up their discrimination very well!!!

    Advice to ManagementAdvice

    You are loosing a lot of quality employees with your age and salary discrimination.

  3.  

    Client Service Account Manager

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

    Pros

    good benefits, volunteer in your community opportunities

    Cons

    very cost conscience, frequent layoffs

    Advice to ManagementAdvice

    Walk in your underlings shoes before you manage so expectations can be realistic.

    Recommends
    Negative Outlook
    Approves of CEO
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  5.  

    Great Training Opportunities

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

    Pros

    While working with JP Morgan Chase, I had an extensive array of training opportunities available to me. This is a great company if you are seeking a supportive environment for career growth.

    Cons

    Can be difficult to unite management to achieve one goal as a team. Many processes are not streamlined, and departments have a tendency to work in a silo.

    Advice to ManagementAdvice

    All areas of management need to focus on the big picture in every initiative. Open communication is vital to the success of the business.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    A rocky road where the communication can be better

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

    Pros

    Benefits are good. Job is located in downtown Chicago. Close to Metra.

    Cons

    Job growth is limited. Pay increases are scarce.

    Advice to ManagementAdvice

    Pay more attention to those who actually work and those who don't.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  7.  

    favoritism

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

    Pros

    if you came to the bank from the rotational programs, you are set

    Cons

    if you just get a job here from an outside company, it's hard to know people and hard to get ahead

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8.  

    A nice job. But after a month there I want out...

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

    Pros

    The hours are pretty good except there are some long days at times (8:15-6:45pm). Having a nice team behind you makes it worthwhile. Not too many other pros to be honest....

    Cons

    It's a quite challenging job dealing with people's money and as we all know that can cause a mess. I feel like I'm on pens and needles each day since I am very new to banking (my background is retail). There is not much room for mistakes. My location does not enjoy working around school schedules so students beware. Also, because we are understaffed, I was thrown into a register and pretty much had to make mistakes to get better. It's hard to constantly ask for help while other tellers are busy with other customers and you have to continue to interrupt them. When it gets busy and there are 6 cars in the drive thru you just want to give up. If your location is completely staffed there will be someone helping you every step of the way until you get it right. At this point, I stress going to work everyday.

    Advice to ManagementAdvice

    We need more tellers!

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Solid company, strong balance sheet, mediocre employee experience

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

    Pros

    Benefits are good, time off policy is generous, big focus on mobility. Lots of opportunity if you are willing to move around.

    Cons

    Important decisions are often made so far from the impact of those decisions that bone headed moves are made and employees are left to clean it up. Extreme focus on cost cutting becomes tiring. Pay is below average for many. Raises based on meritocracy, but when managers have a 2-3% budget for annual raises including promotions, yearly raises are less than steller even for top performers.

    Advice to ManagementAdvice

    For all the talk about employee experience lately, I don't see much in the way of improvements for employees.

    Neutral Outlook
    Approves of CEO
  10.  

    Okay if you are a climber

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

    Pros

    I was in the 3 year analyst program at the Private Bank. Overall, the pros of the company would be:

    - big company
    - you meet lots of people, good for networking
    - lots of opportunities to learn from investor meetings
    - okay salary

    Cons

    - it's a very "climb over each other" culture
    - face time culture
    - extremely big organization with inefficiencies in every place imaginable
    - office politics
    - no value or emphasis on efficiency, intelligence, or competence
    - it's a lemming culture
    - too many hours, you often do 2-3 people's jobs for 1 salary

    Advice to ManagementAdvice

    1. revamp your operating systems, trading platforms, and investment management software.
    2. stop outsourcing back office operations to Mumbai - instead, create more efficient systems, and then hire competent people to run them
    3. stop expecting one person to do two jobs

    I could go on, but it would probably be useless.

    Doesn't Recommend
    No opinion of CEO
  11.  

    Good people work there but company is too big that your voice is not heard, everything is standarized

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationship Banker/Business Specialist  in  Boulder, CO
    Former Employee - Relationship Banker/Business Specialist in Boulder, CO

    Pros

    Good benefits and you leave for home and you dont have to do work at home

    Cons

    It is too big, hard to move up

    Advice to ManagementAdvice

    Not to management,they dont make decisions, they are just told about what to say. To the high executives, do not make decisions based on assumptions, just go to where people work and ask, that way they would have better judgement when decision making

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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